Sun, October 6

Unifi Protocol Undergone Tremendous Raise in Price, Within Five Days

Unifi Protocol Undergone Tremendous Raise in Price, Within Five Days Blockchain News
  • Unifi Protocol has recently undergone huge growth.
  • UNFI token has raised over $90 million in volume.
  • UNFI stands out as one of the low market cap tokens.

Unifi Protocol, a group of non-custodial, interoperable smart contracts linking multiple blockchains together into one large DeFi marketplace, has recently undergone huge growth. Along with a record of high accumulation volumes in the last two weeks.

According to CoinMarketCap, between July 20th and July 25th, Unifi’s $UNFI token has raised over $90 million in volume, from $4.92 to $10.34. This tremendous rise was unique and specifies heavy trading and heated attention on the token.

More so, the record of high accumulation volume saw the $UNFI governance token greater than double its price. Furthermore, positioning it as a featured top gainer in the CoinMarketCap charts.

Henceforth, the traders looking for low market cap altcoins to move into grabbing the positions for the remaining Bitcoin(BTC) breakout will find the Unifi Protocol’s high-volume and the high-quality token economy as an attractive entry point.

Accordingly, Unifi Protocol’s $UNFI stands out as one of the low market cap tokens with an already established product with new features.

According to CoinMarketCap, the current price of UNFI is $9.69 with a 24-hour trading volume of $18,343,020 at the time of writing. Unifi Protocol (UNFI) has a circulating supply of 4,259,090.91 UNFI coins. UNFI holds the 490th position in the CoinMarketCap. This year UNFI’s all-time high was recorded at $43.

Hence more, the recent tremendous rise in price shows the growth and upgrades of the project. With the possible rebound to the resistance level of $40 in the coming quarters. The Unifi Protocol, backed by leading investors in the crypto space, which includes Binance, Huobi, and Chain Capital. 

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