The market is currently in a state of flux. Due to macroeconomic factors, a lot is happening. While some are good, others are a mix of good and bad. However, one small ray of hope is how one token has grown by at least 17% in hours. This shows that the market has traction and can increase significantly.
The current price surge of Uniswap has put the token in the $5.50 price range, which will attract more action. In other news, BTC just managed to reclaim the $100,000 mark, which has sent shockwaves.
Uniswap Trend
As soon as token prices started climbing, investor action followed. Studies suggest that the trading volume of altcoins reached $214 million in the past 24 hours, one of the most significant surges in recent crypto history.
Uniswap’s gain has also improved the overall sentiment. The fear/greed matrix of the overall market is showing positive traction. As a result, the price movement could grow higher with time.
All in all, the market is showing positive traction at the moment. Therefore, it is advisable to take advantage of this traction to grow.
