Cryptocurrency Price Prediction

Uniswap Price Prediction: Will UNI Price Claim The $100 Mark In 2022?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Apr 6, 2022

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Defis have come into existence with the idea of no intermediaries. The sector is going mainstream in the industry, as investors are now evaluating digital assets based on its TVL in Defi, amongst other factors.

Talking about a prominent cryptocurrency from the sector, which is Uniswap. The network aims to bring greater decentralization, the project has gained immense popularity amongst various investors. Are you considering investing in UNI, But dubious over its future prospects? Look no further, as we bring to you the price prediction of UNI for 2022 and the years to come!

Overview

Cryptocurrency.Uniswap.
Token.UNI.
Price.$18.87. 
Market Cap.$11,838,263,159
Trading Volume.$355,420,368
Circulating Supply.627,270,917.43 UNI
All-time high.$44.97 On May 5th, 2021.
All-time low.$1.8 April 11th, 2020.

Uniswap (UNI) Price Prediction For 2022

Potential LowAverage PricePotential High
$36.66$45.63$52.01

  UNI price made it to 2022 with a price tag of $16.80, just as the digital asset started picking up steam. It was pushed to $14.49 by the 8th of January. Whilst the numbers did rise to $18.18 over the week. The leg-up was short-lived, as the price took a fall to $9.60 by the 24th of January. 

After hovering closer to its resistance level at $10.91, until the 19th of February. UNI saw its quarterly low of $7.48 on the 24th of February. Following its move through the turbulent weeks, the altcoin closed its quarterly trade at $12.37.

Uniswap’s (UNI) Price Prediction For Q2 Of 2022

The altcoin has been ranging alongside its resistance at $10.98. Seeking impetus from the bulls, UNI could breach the target of $14.39 by the end of April. A steady move until the end of the quarter could result in the asset closing its trade at $20.09. On the flipside, bearish trends could curb the price below its crucial support at $8.18. That said, regular trades could settle the price at $14.09.

UNI’s Forecast For Q3

 If it clears the roadblock above the neckline of $20, then UNI could explore newer heights in the third quarter. With newer users, adoption, and integration of new high potential Defis, the altcoin could brush its potential high of $39.94. While the lack of stimulating catalysts and regular trades could limit the price to $31.48. Bears could pull the price to $24.06.

UNI’s Price Prediction For Q4

 The digital asset might seek further attention of marketers towards the final leg of the year. As it provides an easy way to exchange coins. The annual closing rate of UNI could reach the potential high of $52.01. Whilst regular trades might settle the price at $45.63. Failing to sustain the momentum, the price may fall to $36.66.

Uniswap’s Price Forecast For 2023

If Uniswap gathers bullish momentum from the heights of the previous year. Countering the bearish oscillations the price might brush its potential high of $79.025. On the flip side, if the bears outweigh the bulls, the price could take a plunge to $58.4. That said, usual trades in the absence of bullish catalysts, the price might settle at $65.19.

Price Prediction For The Next 5 Years

 Over the next 5 years, Uniswap would be growing its user base, which would seek impetus as the protocol creates liquidity. It might concentrate on newer projects to enhance the protocol to make it more user-friendly. The price might escalate to newer heights if the bulls establish control over the bears. That said, by the end of 5 years, UNI could hit its potential high of $198.27.

While regular buying and selling pressures could limit the price to $175.63. Contrastingly, the price could as well plunge to $153, if it fails to meet the market expectations.

YearPotential LowPotential High
2023$58.4$79.025
Next 5 Years$153$198.27

What Does The Market Say?

Digital Coin Price:

According to Digital Coin Price, Uniswap’s (UNI) price could trade at around $25.61 by the end of 2022. Further, the price may trade at around $29.19 in 2023. However, by the end of 2025, the price may hit highs at $40.09.

Wallet Investor:

 According to Wallet Investor, by the end of 2022, UNI could trade at a maximum price of $38.962. On the contrary, the price may plummet to $17.844 by 2022, The firm expects an average price of $28.678. However, the UNI price would chug up to a maximum of $78.936. The average and minimum possibilities are being $60.28 and $42.88 by 2025.

Price Prediction: 

 According to Price Prediction, by the end of 2022, UNI price could trade around with an average price of $26.11. And with an accelerated rally, the price may also shoot up to $30.48 by 2022. However, the UNI price would chug up to a maximum of $91.94. The average and minimum possibilities are being $79.30 and $76.54 in 2025.

Trading Beasts: 

Trading Beasts expects a fairly linear price projection of UNI over the long term. According to the firm’s recent forecast, UNI is expected to close its trade for 2022 with a potential high of $13.591. The analysts from the Trading Beasts expect 2023 to be a turbulent year, which could limit the maximum trade to $12.286. That said, the potential high for 2025 is set at $15.701.

Click here to read our in-depth price prediction of The Sandbox!

What is Uniswap?

Uniswap is a well-known decentralized trading protocol built on the Ethereum blockchain. The network aims to facilitate the automated trading of Defi tokens. The decentralized protocol enables its users to exchange any ERC20 token, including the native ETH token. Without middlemen, and allows anyone with an Ethereum address to contribute to the exchange’s liquidity, and earn from it.

UNI is the native token of the Uniswap protocol, and it entitles its holders to governance rights. This just means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September, of 2020.

Fundamental Analysis

Uniswap is a decentralized exchange founded by Hayden Adams in November 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain. As well as a public, open-source front-end client. It’s a 100% on-chain market maker allowing the swapping of ERC20 tokens, as well as ETH to an ERC20, and vice-versa.

Uniswap’s Accomplishments in 2020:

2020 was a breakout year for the Uniswap protocol as the platform accomplished a series of events. Uniswap v2 was introduced in May 2020, facilitating support for arbitrary ERC20/ERC20 pairs flash swaps. Robust architecture improvements, and efficient time-weighted average price oracles. 

Uniswap v2 added support to more than 4,400 non-ETH pairs. In August 2020, the Uniswap community introduced Token Lists, team says this will enhance ERC20 discoverability.

Uniswap Accomplishments Of 2021!

The team has made research and developed market-leading Automated Market Maker (AMM) technology, making significant development on Uniswap v3. The Uniswap community is also examined for an enhanced scaling solution to reduce latency trading, fast settlement, and offer cost-efficient transactions.

In order to gain more profits in the long term, the platform is focusing on emphasis on governance.

One billion UNI tokens were minted at genesis. 60% of Mothose was distributed to existing Uniswap community members, while 40% was made available to team members, investors and advisors over the course of four years vesting periods.

Other Updates On Uniswap: 

  • On the 23rd of December, Uniswap V3 had successfully accomplished its deployment on the Polygon network. As an emerging platform, Polygon enables low gas fees along with fast transactions. 
  • The platform had made an announcement to enhance better pricing with Uniswap V2 support in the Auto Router, gas estimates, and L-2 support. In addition, they are also launching two new features for UNI developers Swap and Add Liquidity. In a single transaction and set slippage limits to regard to Uniswap v3 TWAPs.

Our UNI Price Prediction

 As per Coinpedia’s formulated Uniswap price prediction, certain collaborations and partnerships to boost the protocol might lead to a price surge. Which could propel to a degree of $52 by the end of 2022. 

On the flip side, the price may drop to $37, if UNI fails to concentrate on certain developments. That said, we can look forward to average levels of $45 if the digital asset refrains to react to sentiments in the market.

Historic Market Sentiments

2020:

Uniswap entered the crypto market on the 17th of September with a trading price of $2.94. The price dramatically surged to $6.96 in two days after the launch as it got listed on several exchanges. Surprisingly, UNI plunged to $3.98 by mid-September and managed to reach $5.02 by the end of September.

Later the price declined to $2.57 by early October as bears pulled the market down. With certain variations, UNI traded between $2 and $3 until the end of October. Shockingly, UNI dropped to $1.80 by early November due to massive selling pressure. The price reached its resistance level by mid-November and remained at $3 with certain fluctuations until December. By the end of 2020, UNI was trading at $4.62.

2021: 

Uniswap entered 2021 with a trading price of 4.97. UNI started to recover as the trend started moving up. Effectively, UNI hit $34.77 to register a new all-time high on 7 March. However, the price tumbled on May 19th, when the market crashed due to multiple reasons. Most currencies withdrew from the bullish rally and Uniswap, was one among them. And flipped into a bearish movement with a price change of almost 50%.

In the month of August, regaining the price momentum UNI price surged to $30.46 from $14. With a slight pull back the asset traded at around $25 until November with an equal fight between buyers and sellers. Whilst bears predominated the space for the entire month of November and December, the asset went on to correct up to $16.23.

To read our price forecast on Avalanche’s AVAX click here!

FAQ

Q: What Is Uniswap?

A: Uniswap is a decentralized exchange in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client.

Q: How does Uniswap Work?

A: Uniswap is an automated liquidity protocol. There is no order book, no centralized party, and no central facilitator of trade.

Q: Can Uniswap be halved?

A: No, Uniswap cannot be halved as it works on the Ethereum blockchain and it can only be mined.

Q: How Many Liquidity Pools Exist On The Uniswap Network Presently?

A: To start, UNI is available through four liquidity mining pools: UNI holders may vote to add more pools after an initial 30-day governance grace period

Q: Can Uniswap reach $100?

A: Yes, Uniswap could reach $100 by the future as it is one of the finest cryptocurrencies and its price might likely rise in the future.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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