As the UNI airdrop continues, the UNI token continues to trade within a range of $5-$6.5 as of the publishing of this article.
Within two days, UNI has been listed on over 15 markets and has powered around $2.7 billion in trade volume. Some exchanges that have listed UNI since its initial launch on Uniswap include Coinbase, Binance, and FTX.
Coingecko reports a market capitalization of $370 million. The token has 64,998,333 in circulation currently, within a max supply of 1,000,000,000.
Unphased By Airdrops
Many cryptocurrency enthusiasts may assume that a heavily airdropped token may fall prey to price dumps, but UNI has undoubetly broken through the perception so far. Time will tell if this will continue to be the case throughout UNI’s lifecycle.