Author: changehero
September 30, 2021

The Uniswap DEX accounts for almost $6 billion in total value locked but other DeFi protocols are a fierce competition. Will its users help it stay at the top or choose other DEXes? ChangeHero gives a UNI price prediction 2021 and even further in the future. UNI Price Prediction 2021–2030 [table id=28 /] Uniswap price […]

UNI Price Prediction 2021, 2025 and 2030

The Uniswap DEX accounts for almost $6 billion in total value locked but other DeFi protocols are a fierce competition. Will its users help it stay at the top or choose other DEXes? ChangeHero gives a UNI price prediction 2021 and even further in the future.

UNI Price Prediction 2021–2030

[table id=28 /]

  • Uniswap price prediction 2021 makes it evident that different experts have varying outlooks on the short-term future of UNI. The range of possible prices is huge: from $21.58 to $90;
  • Uniswap price prediction 2022 is also bullish but moderate. UNI will not reach $100 even in a year, capping at $61;
  • By 2025 or even 2030, depending on the source, most opinions put the target for UNI above $100 or even $1,000.

What is Uniswap and UNI?

Uniswap logo
Source: Uniswap

Uniswap is one of the most popular decentralized exchanges (DEX) powered by an automated market maker (AMM) protocol. On this DEX, any token can freely be traded, provided it is given some liquidity.
The UNI token was launched in September, 2020, with Uniswap V2.  The official airdrop rewarded everyone who has used the first version of the protocol at least once.
The primary purpose of UNI is to serve as a governance token: its holders can vote on proposals and decide the future of Uniswap. Find out about Uniswap and its native token UNI in the ChangeHero’s Guide to Uniswap exchange and UNI for Beginners.

UNI Price History 2020–2021

UNI price chart 2020–2021
Source: CoinMarketCap

At the very start of its journey, in September 2020, UNI was highly appreciated because of Uniswap’s utility. But as users started to sell off airdropped tokens, its price declined from 2020 maximum $7.7 to $4.94 on closing.
In 2021 Uniswap broke into the top-10 cryptocurrencies by market capitalization and performed exceptionally well. It managed to reach the current ATH on May 3, $44.97.
Later in May and in summer, UNI was following the market trend and bottomed at $15 in May, June and July. The launch of v3 helped the price to bounce to $30, but the downtrend is prevailing at the moment.
At the time of writing, the UNI price is $23.97. Its circulating supply is 611,643,723.83 UNI out of a total 1 billion UNI, and the market capitalization is $14,664,763,406 USD (rank 12).

What Can Make the UNI Price Change?

Governance Proposals

UNI is a governance token, meaning it acts as a voting power representation. Speaking simply, UNI holders have more say in voting the more tokens they own or deposit into a proposal.
Some of the proposals may have a direct impact on the price of the UNI token. For example, in 2020 there was a voting for retroactive airdrop for users who did not interact with Uniswap directly.
That proposal failed to meet the quorum and was rejected. More recently, UNI holders voted to reduce the submission requirement to 2.5 million UNI to make governance more accessible.

Competition

At the time of the UNI launch, the token airdrop and liquidity mining were novel and helped Uniswap stay ahead of the competition. With the abundance of DeFi protocols these days, this would not be enough.
The Uniswap team is focusing on improving the protocol instead. In May, they launched Uniswap V3, which thanks to improved slippage and liquidity pools flipped V2 soon after.
On the other hand, Uniswap faces competition from already existing and established centralized exchanges. Amid China’s crackdown on cryptocurrencies, all DEXes, including Uniswap, spurt into the lead ahead of them.

Ethereum and L2 Development

Ethereum 2.0, which shifted consensus from PoW to PoS, is getting ready to merge with the legacy network. This is a first step in making the Ethereum network, which Uniswap is built on, more scalable. 
Uniswap itself does not seem to be sitting around waiting for the merger. They are moving the AMM to Optimism, which is a layer-two protocol to scale Ethereum.
And still, PoW Ethereum fees significantly affect the DEX. According to ETH Gas Station today, Uniswap V3 is the largest consumer of Ethereum gas fees.

UNI Posts on Twitter


Bitcoin.com reported that because of the news from China, Uniswap and other DeFi tokens see surges in prices. Uniswap, being the most established of those, is in the lead.


Uniswap news earlier this month reported that the DEX caught the eye of the US Securities and Exchange Commission. However, as user Junko Suzuki pointed out, this seemed to have no effect on the price at all.


With the pump mentioned in the two previous tweets, the UNI chart broke out of a downtrend. Traders now expect sentiment to flip bullish and rally in the short term.

Uniswap Price Prediction 2021

Crypto Scope Uniswap Price Prediction 2021: $90

In this YouTube video, predictions from various sources and for different terms are summed up to conclude Uniswap has tremendous potential. As soon as this year, the token is expected to break out of the consolidation and close 2021 at $90.

LongForecast Uniswap Price Prediction 2021: $21.58

More modest estimates are given by a usually bullish LongForecast prediction model. By December 2021, the price will not leave the current range and even go lower.
2021 will close with UNI at the $21.58 mark.

RippleCoinNews UNI Price Prediction 2021: $40.864

In this prediction published in Ripple Coin News, the analyst gives a more optimistic prediction for UNI holders. According to their technical analysis, the expected range for UNI price in 2021 is between $30.762 and $50.238, making the average $40.864.

UNI Price Prediction 2022–2024

CryptoNewsZ UNI Price Prediction 2022: $61

According to the prediction published on CryptoNewsZ, following the bull run of 2021, UNI has the chance to reach $61 in 2022. However, they predict a sharp correction in October of the same year.

Digital Coin Price UNI Price Prediction 2023: $49.4

Digital Coin platform predicts that in 2023 UNI will keep growing in price. In Uniswap price prediction 2023, its price on average will amount to $49.4. 

CoinArbitrageBot UNI Price Prediction 2024: $118.28

Another algorithm, housed at CoinArbitrageBot, forecasts a 388.17% growth for the UNI token by 2024. According to their Uniswap price prediction 2024, it will grow to $118.283.

Uniswap Price prediction 2025

Coinpedia UNI Price Prediction: $280–312

Coinpedia authors expect the whole crypto market to grow explosively in the next five years. With it, the price of UNI can go up to $312 per token.
In case UNI fails to meet market expectations, it will still grow but only to $280.

Digital Coin Price UNI Prediction: $71.01

UNI Price Prediction 2025
Source: Digital Coin Price

In the DigitalCoinPrice projections, in 2025 UNI will be worth about up to 235% more than it is now. The range in which monthly averages will stay for the whole year is between $62.08 (March) and $80.83 (October).

CoinPriceForecast UNI Price Prediction: $62.15

According to this forecast, 2025 will not be a very productive year for UNI prices. At the time of writing, they predict that it will open at $57.07 and close at $62.15.

Uniswap Price Prediction 2030

Of course, Uniswap is an up-and-coming project with great potential. But it is still hard to tell what regulations or volatility will do to the UNI token in such a long time.
CryptocurrencyPricePrediction website takes their shot at pinpointing a possible UNI price at the end of the decade. They speculate that during 2030 it will grow from $770.98 in January to $1,011 in December. 

ChangeHero Uniswap Price Prediction

With Uniswap V3 and launch on Optimism, UNI gained more use cases and became more attractive for investors. This could drive demand up, especially before the current max supply of 1 billion UNI is distributed.
We may see triple and even four digits in a few years. If Bitcoin surges as a result of its rally, UNI is popular enough to follow suit.

How to Get UNI with ChangeHero?

You can buy UNI using ChangeHero in five simple steps:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your UNI wallet address in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. For  Fixed Rate transactions you have 15 minutes before it expires;
  4. From here on, you won’t need to do anything. At this step we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your UNI is on the way to your wallet. Congratulations, it’s done! You may even leave a review for us.

Our support Heroes are always there for you in the chat on our website or through the email: [email protected].

Conclusion

Is UNI token a good investment? The consensus is yes: the team is one of the most consistent update shippers in the DeFi sector. UNI token being tied to the value of the DEX is a guarantee it will keep accruing value in the long term.
For more articles like this, check out our blog and subscribe for future updates on our Twitter, Facebook, Reddit and Telegram channel.

Frequently Asked Questions

[sc_fs_multi_faq headline-0=”h4″ question-0=”Is Uniswap (UNI) a good investment?” answer-0=”UNI will continue appreciation this year but most experts do not expect large returns from it in the short term. Others think that by the end of 2021, UNI can reach $90.” image-0=”” headline-1=”h4″ question-1=”Can Uniswap reach $100?” answer-1=”In the long term, Uniswap can reach $100 and more but not earlier than in 2024.” image-1=”” headline-2=”h4″ question-2=”What will UNI be worth in 2021?” answer-2=”Depending on the source, estimates for the Uniswap token price in 2021 range between $21.58 and $90.” image-2=”” headline-3=”h4″ question-3=”What will UNI be worth in 2022?” answer-3=”One of the cited sources provides a target of $61 for UNI in 2022.” image-3=”” headline-4=”h4″ question-4=”What will UNI be worth in 2025?” answer-4=”In different opinions, estimates for the UNI token price in 2025 range between $57.07 and $312.” image-4=”” headline-5=”h4″ question-5=”What will UNI be worth in 2030?” answer-5=”Estimates for the Uniswap token price in 2030 range between $771 to $1,011.” image-5=”” count=”6″ html=”true” css_class=””]


Disclaimer

This article is not a piece of financial advice. No price prediction is guaranteed to provide exact information on the future price. 
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investitions in cryptocurrencies only after careful consideration and analysis and at your own risk.

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Author: changehero
September 30, 2020

Recently, decentralized finance has been exploding with popularity. One of the protocols, Uniswap, has been topping large centralized exchanges and now accounts for more funds locked in it than the entire DeFi sector had just a few months ago. In this beginner’s guide, ChangeHero team is going to introduce you to the current DeFi leader, […]

uniswap exchange guide by changehero

Recently, decentralized finance has been exploding with popularity. One of the protocols, Uniswap, has been topping large centralized exchanges and now accounts for more funds locked in it than the entire DeFi sector had just a few months ago. In this beginner’s guide, ChangeHero team is going to introduce you to the current DeFi leader, explain how Uniswap exchange works and give advice on how to buy UNI.

What is Uniswap?

uniswap logo
Source: Binance Academy

Centralized exchanges (CEX) are still the most popular way to buy and trade cryptocurrencies. However, they come with regional restrictions, account management and sometimes even security issues. When the second generation of blockchains that supported smart contracts emerged, developers started to look into the possibility of creating exchanges that would not have the issues which centralized exchanges had.

While many blockchain developer teams humored the idea, Uniswap managed to ship a usable product on Ethereum. It is a protocol which works as an automated market maker (AMM) that matches makers and takers (buyers and sellers). Due to the decentralized nature of the Uniswap exchange, the liquidity had to be managed automatically, too. The developers achieved this by introducing rewards to anyone who would lock their tokens in the protocol. Thus, the liquidity is not provided by a centralized entity, but by the users.

How did Uniswap Start?

The Uniswap protocol was not the first to introduce AMMs to Ethereum, but it managed to make it popular with a wide audience. It is developed almost single-handedly by Hayden Adams. Before starting his work on Uniswap full-time, he was employed by Siemens as an engineer. However, he did not even know how to code until he got laid off from his engineering job and his friend Karl Floersch introduced him to Ethereum. In 2017, he started researching it and got the inspiration for his project from Vitalik Buterin’s blog. The latter would also contribute to the Uniswap exchange by informing Adams and providing insight into making things work. By 2018, after almost two years of work, the protocol in its first iteration was released to the public.

How does Uniswap Work?

Making Swaps

exchanging on Uniswap
Source: Uniswap

On the surface level, the protocol is straightforward. Trader chooses a pair, deposits token A and receives token B minus the exchange fee. In this regard, it is not too different from a CEX. In depth, the things look much more interesting.

An exchange usually keeps an orderbook to represent liquidity on a market. This is not the case here. Instead, using AMM, Uniswap first evaluates how many tokens a pool will receive and then gives an estimate of the price of a second token, with slippage (risk of price change) in mind.

Uniswap was also designed with interoperability in mind. Traders would want arbitrage opportunities, and for that multiple markets must exist. Moreover, DeFi is not only about trading but also lending and saving. For that purpose, Uniswap has flash swaps which are executed at no cost upfront but must either be repaid in the second token of a pair or repaid with a fee. So, the difference between an ordinary swap and a flash swap is that the fee is applied to a deposit in the former and to a withdrawn sum in the latter.

Providing Liquidity

providing liquidity on Uniswap
Source: Uniswap

To utilize the Uniswap exchange to the fullest, some understanding about liquidity pools is necessary. To solve the liquidity problem, the users of the protocol are encouraged to contribute their assets to a liquidity pool of a pair. In return, they get passive income in the form of exchange fees on their deposit. The initial providers also indirectly set the market prices of these tokens as they are supposed to deposit both tokens of a pair in an amount of equal value.

In addition, each liquidity pool mints pool tokens in proportion to the provider’s deposit. Should they withdraw their liquidity deposit, they are required to burn the same amount of pool tokens in return.

The best thing is that the whole process is automated, from making trades to supplying liquidity and securing the network. 

When does the UNI token come into play though? This is what the next section is going to be about. If you want to know how to buy UNI, keep reading until the end!

What is UNI?

UNI is the governance token of the Uniswap exchange. Its main function is to represent the voting power of a holder. With it, users can vote for or against various proposals. UNI is a ERC-20 token, which makes sense considering that Uniswap is built on Ethereum, so it needs ETH to function.

UNI was introduced in the v2 update in September 2020. The past users of the protocol received tokens for free in an official airdrop.

Uniswap plans to release 1 billion units into circulation over the next four years, and after that replace the distribution mechanic with a 2% annual inflation rate to let new users participate in the network governance. 600 million tokens will be distributed to community members, and 90 million UNI were airdropped to those who used Uniswap prior to this September.

UNI price chart
Source: CoinMarketCap

Uniswap has been on the market for less than two weeks, but it already has a ROI of 283%. The highest price of Uniswap token so far was observed soon after the launch, on September 18: $8.39. Now (at the moment of writing) its price is $4.20. At the moment, there are 96,866,285 UNI in circulation, and the market cap of UNI is $408,373,561 (rank 41).

How to Use UNI

At the moment, as of v2, Uniswap token is used almost exclusively in governance. However, since the holders can introduce and vote for proposals, it is possible that over time other use cases for Uniswap token can emerge. Moreover, in Uniswap v3, which we will cover in later sections, UNI holders can be reimbursed for trading fees.

Is UNI or Uniswap Controversial?

Love it or hate it, Uniswap is extremely popular for another reason: to get listed on the DEX, a token does not have to undergo the due diligence which currencies that are getting listed on CEX have to. Therefore, the activity of “gem hunting” (that is, searching for a token that can pump) is pretty popular in the Uniswap community. In the end, gem hunting comes down to seeking short-term gains. Needless to say, this is why Uniswap is abundant with scam tokens or simply unfortunate disasters when a token price skyrockets and dumps in mere hours.

Another event which might have a negative effect on the reputation of Uniswap is the recent KuCoin hack. Since Uniswap does not implement any KYC policy, it is easy for hackers to move stolen assets to Uniswap, exchange them to “clean” tokens, and thus launder the money they stole.

What are the future plans of the team?

This August, Uniswap finished its funding Round A. The developers received $11M from Andressen Horowitz, Union Square Ventures, Paradigm and other investors. The funds will be put into work on Uniswap v3.

For now, the developers are keeping the details of an upcoming update a secret, probably because of the responsibility to their investors. However, some of these new features are already getting teased by the devs. Check out the next section for info!

UNI Talk on Twitter

According to DeFi Pulse, Uniswap is the leading DeFi protocol at the moment, and the only one to have more than $2B total value locked (TVL). The outlet The Block reported this piece of news as a story on the growth of the DeFi sector.

Ethereum developer Merkle Tree hints at what’s to come in Uniswap v3: additional privacy with zk-SNARKs implementation, limit orders and more utility for Uniswap token. The latter might get picked up by all the news about the updates to Uniswap exchange, so obviously, crypto Twitter is enthusiastic for more news.

But even now, Uniswap exchange is providing great value to the whole crypto space, as @iamDCinvestor says. However, he underlines that his point of view applies to long-term investment, so he won’t give any predictions for the near future.

Trader @CryptoCred admitted that for a long time he was not too interested in using a DEX, especially the Uniswap exchange. However, if you are in crypto for the revolutionary technology and innovations in finance, there is no excuse for not at least trying out the protocol that is breaking all kinds of records in just weeks. Just the other day, there was an argument on crypto Twitter when Larry Cermak criticized the Coindesk journalists for doing exactly that.

How to buy UNI?

Of course, Uniswap token is available for trading on major exchanges (Binance, OKEx and Coinbase Pro) against other cryptocurrencies, stablecoins, fiat currencies and more.

Naturally, users can also get in from Uniswap’s protocol itself. However, trading on a DEX takes a bit of prior knowledge, and trading on CEX comes with the hassle of creating an account and depositing funds into an exchange’s custody.

How to buy UNI without these hurdles? Use ChangeHero! It’s extremely easy and you can trade it against any currency supported by the service. We are serious about AML compliance, so tainted funds will not end up on your address, and our KYC policy is selective and optional. Besides, you do not need to deposit more than you are going to exchange, so no funds will be lost, as ChangeHero is a non-custodial instant cryptocurrency exchange.

Where to Keep UNI?

As it was previously mentioned, UNI is a ERC-20 token. It is currently supported by most wallets, from the go-to ETH/ERC-20 wallets MEW (MyEtherWallet) and MetaMask to hardware Trezor wallet.

  • Trezor is a great option for active Uniswap exchange users. With Trezor Beta client you can also swap and buy UNI with ChangeHero’s instant exchange option.
  • Another option for a robust portfolio would be Exodus wallet. It has a huge list of supported assets, including UNI, as well as a similar built-in exchange option powered by ChangeHero. With it, Exodus users can buy UNI right in their wallet.

How to exchange UNI with ChangeHero

How to buy UNI using ChangeHero? In five simple steps:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your UNI wallet address in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. For  Fixed Rate transactions you have 15 minutes before it expires;
  4. From here on, you won’t need to do anything. At this step we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your UNI is on the way to your wallet. Congratulations, it’s done! You may even leave a review for us😊

Our support Heroes are always there for you in the chat on our website or through the email: [email protected].

Conclusion

The last few months have been a very exciting time to be in crypto. Uniswap exchange is breaking new grounds, and its value is sure to grow from now on. Will it manage to keep its decentralized and unstoppable nature in the face of the challenges presented by bad actors and regulators? We will have to see. For now, to stay in the loop of the latest crypto news and projects, subscribe to our blog and follow us on Twitter, Facebook, Reddit and Telegram.


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