UMA

Ok-Western-5799

check out projects in the Oracle space (PYTH, SUPRA, UMA) or the AI space ( FET OCEAN OASIS)

encartatsva

To be sincere, the world has gone past ALGO. Algorand spent its moments on marketing instead of building real dev. If you are wondering what projects to look into, the Oracle space is the narrative to invest in. API3, UMA, and LINK are making steady pump while newer projects like SUPRA are coming on board, promising innovation and growth

The_kind_potato

Bha it worth what it worth but i personnaly would think it might be among the more expected narrative like AI / RWA / or maybe intercompatibility project (like Axelar or Layer 0) And i would check the previous ATH without forgetting to check what the coin would be worth today if it reach the ATH Mcp with the amount of supply producted since. I think it might be not that hard to found a x10 but finding a x100 look just like pure luck. UMA could be doing a x10 even if it already did a x3 recently Algo could be doing a x10 IExec Or Truefi/Goldfinch/Maple Akash network / Numeraire/ Agix I dont know, but no matter what happen dont be too greedy and dont forget to take profit ! A x3/x5 secured in stables is worth way more than a x20 that could be worth nothing tomorow !!

Bluebridger

Read up on the oracles tackling Oracle Extractable Value. This is a massive narrative and one that will grow. API3 came up with it a year ago but just released an outline this week. UMA just released their thoughts on it last week and Pyth will potentially have something as well. I’m personally bullish on API3 as it’s a native push oracle and doesn’t require dApps to run RPCs, or manage gas, or deployments the same way that price-pushers from ‘pull oracles’ do. With their release of 2.1, API3 will also be able to deploy on any chain within two weeks. This has been a big thing for other oracles getting market share and should boost TVL. If you’re a lending dapp on a new chain, you’re going to have the choice to: 1. Run RPCs, manage a cloud deployment, pay for gas, and rely on a bridge to get your price feeds. Or 2. Use API3, don’t deal with any infrastructure, and recapture liquidation revenue. It’s a no-brainer.

worksofter

Doesn’t your comment highlight that it’s all about timing though? If you bought in the second half of 2022 for 0.4, even if you missed the 0.8 peak you’d have had two chances to sell at 0.7. People will say those numbers suck but the average crypto investor isn’t up 180%. Alternatively last week you could’ve bought into a coin like UMA that went down 11% since then.

coinfeeds-bot

tldr; Lightspark, a developer for the Lightning Network, is promoting its Universal Money Address (UMA) format, which has been adopted by six companies including Xapo Bank. UMA, introduced in October of the previous year, aims to make transactions more user-friendly by using an email-like address format for digital assets. It also addresses legal compliance issues. Lightspark, co-founded by David Marcus, a former executive at PayPal and Meta, has open-sourced the UMA protocol and is focusing on corporate customers to facilitate the use of Bitcoin's Lightning Network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MisplacedPhilosopher

First, when Warren Buffett invested in Coca Cola, it was already a very large company. So just because Bitcoin and Ether have high market capitalisation doesn't mean they are lost opportunities. A crypto currency is a currency (not an investment). A crypto token on the other is very much an investment (and should rightfully be classified as security). Ether is the currency of Ethereum blockchain. Much like how the US dollar gives you purchasing power in the United States, Ether gives you purchasing power in the Ethereum economy. Just like the American economy which has exchanges like Nasdaq and NYSE, Ethereum has exchanges like Uniswap. You can invest your dollars in Apple, Netflix, Alphabet, Meta etc. Similarly, you can invest your Ether in Aragon, Chainlink, Powerledger, UMA, Matic, Arbitrum, Optimism, Chilliz etc. To put it simply, Ether gives you access to the best collection of "stocks" just like the USD (in the fiat world). Some currencies are transparent, high fee networks that are controlled by the rich (ASIC miners) like Bitcoin. Some currencies are transparent, low fee networks like Litecoin. Some are low fee, privacy coins that can be mined on a laptop (more decentralized) like Monero. They have these notions like why should others know my wallet balance and what I buy with my Monero. They feel their network should not be controlled by the rich. Some are proof of stake, which usually have founders or foundations holding a large number of coins. There's one proof of agreement currency that I know of, Stellar Lumens which is the currency of the Stellar network who are trying to make blockchain tech user friendly and accessible to the masses. They have cool wallets like LobStr which has an inbuilt exchange in it. So, you can spend some time to find what's right for you. CoinMarketCap is a good place to start. You can also read this free ebook to learn more about Monero: https://masteringmonero.com/book/Mastering%20Monero%20First%20Edition%20by%20SerHack%20and%20Monero%20Community.pdf You can also watch this highly rated video: https://youtu.be/8quGD9W7B2I?si=57g3P9kjfuOYwo0W

New_Reputation

can anyone tell me what crypto is this, its about creating your own stable coin, they call their supporters Rangers or something. it pump when a news came about their stable coin like it pump hard, then when announce it was sell the news. was just wondering if UMA will happen same as this.

nemigafangay

can anyone tell me what crypto is this, its about creating your own stable coin, they call their supporters Rangers or something. it pump when a news came about their stable coin like it pump hard, then when announce it was sell the news. was just wondering if UMA will happen same as this.

petertheeater15

AMP looking like it’s about to pull an UMA and jump 200%

The_kind_potato

If i can allow my self at giving a tips that i believe to be a good one... Use Google sheet, or Excel whatever With a friend of mine we did a Google Sheet in november, it took a while to be Op but i think it was worth the time. We did it this way: - 1 page = 1 categorie of project, for example we choosed : - Layer1 - Layer2 - AI - Oracle - RWA - DEFI You can't have each cat but at least it give a starting point to begin with, and i thinks its better to compare similar project between themselve. -In each "Page" there is 4 part: - Price Data - "Tokenomics" - Security - Socials For doing that i used the API of Coin Market Cap to extract a list of the top 1600 Token that i store in a page called "Data_Extraction" (i can refresh it when i want). That way i can simply wright the name of any project i want in the sheet and the ligne will complete itself automatically using the Data stored in "Data_Extraction" This induce : -Current Price, -Current mcp, - Vol24h, And i manually add the ATH price and Mcp. What is especially great with google sheet is that it allow you to use fonction for automating things. I use a fonction to divide the ATH Mcp by the ATH price to see how much supply there was back then and show the % of new supply created since. and then a last cell can calculate the real multiple we would be doing if the Mcp reach its ATH a second time with the difference of supply compared to the previous Ath. We also use the vol24h for trying to see if one of our selected project get a lot of movement/attention and there is a cell using a fonction that compare the size of the vol24h/ the size of the Mcp and colore the cell if the vol24h is more than : 5/10/20/30/etc...% of the MCP And of course finding source that give you the fondamentals in a more digest way than the Whitepaper, like Coin Academy, they do not have all the projects but when they do its often pretty well explain and complete. Of course all of this is just an example of how we did our sheet but i feel so much more confident about my "research" now and it feel way way less random. It can seem complicated but youtube have tons of tuto about very specific things you would want to do with sheet and it make your search so much more efficient and usefull in my opinion. I found UMA because of this and im happy since two day 😆 Also we found a lot of project to late because we hadnt the sheet at the time but we would have definitly found some of them with it (Also fi think that finding good crypto youtubers that can give you the actuality about the market everyday is a plus in my opinion, i have found one i found really amazing at his job but its the only one, 😅)

Sadistica6

Nice fn day to sell some API3, Fn hurt though I really like the project but that fn cut hurt abit All the talk about oracles and they are all popping off UMA,PYTH,Link and Api3.

Davinter30

Lol they are. Happened to avax and it came back down, happened to ada and it went back down, happened to sol and it went back down, now its UMA and its on the way down. Its just people FOMOing in the only thing pumping.

DarKovski-2

Why is UMA exploding right now?

wooly_torch

Alt season doesn’t give AF about that. BTc is plummeting because of Grayscale selling pressure, or so that is the narrative being told. It’s not because of some fiasco like FTX. Btc is losing its dominance. Random shit like UMA is going 200% in a day. Everyone is grumpy as hell. Just sit back and chill for a few days, maybe another week or so.

ThatChrisGuy7

Why is UMA up 180% today lol

originalrocket

UMA?

AquaticFilter

UMA holders can thank me, I sold my bag 3 days ago 😅

wooly_torch

Yup And UMA is randomly going 90% out of nowhere. Last time it did that in 2021, we had alts taking off all over the market.

lukekibs

oops UMA just did the crypto thing

butterNcois

TL;DR Polymarket creates a betting market saying that Israel had advanced knowledge of the Oct. 7 attack. Later, news reveal this is true. UMA, instead of settling the market, has people abuse their voting power to raise objections and eventually crash the market, eventually settling to an outcome contrary to reality. Both Polymarket and UMA failed to abide by the rules initially set by the bookie. Now a market with around $600k in it has is causing significant losses to many participants as it settles to a result that's contrary to what happened in the real world. This is a good example of the weaknesses of decentralized betting.

LaredoHK

UMA on Eth iirc

Icy_Round6385

UMA is actually doing well floating around ranked market cap of 250-270 for the past year.

PretentiousPickle

UMA still around and kicking huh? Brings me back to 2021

Fun_Gene_1622

That's a great question! Because markets are created via decentralized set of smart contracts, the market creator (or anyone else) cannot alter the market conditions once it has been created. You can learn more about the market lifecycle here: [foreprotocol.io/technology](https://foreprotocol.io/technology) but in short, there are a number of checks and balances in place to prevent foul play! Market outcomes are verified by validators who stake their NFT (with locked FORE) on an outcome to receive rewards. If they incorrectly validate, they lose their NFT, so there's a huge disincentive for them to try and game the system. In the case there is a disagreement between validators, our dispute resolution system allows for a final check and referees in a decentralized way: ensuring that any user has the opportunity to report any violations or concerns about a market or its results. To reinforce and further decentralize the dispute process, we've integrated UMA: a dispute arbitration system that securely allows for arbitrary types of data to be brought on-chain. UMA's third-party network of validators, which operate independently from the FORE platform, establishes an objective and unbiased approach to settling disputes on FORE Predict.

Sadistica6

Still buying link,Api3,and UMA my nice stack of oracles,hopefully links integration with swift is smooth as silk!!!

Lillica_Golden_SHIB

"The Universal Money Address (UMA) protocol allows for the movement of crypto and fiat like email addresses." It would be great, but I doubt it tbh.

coinfeeds-bot

tldr; The Universal Money Address (UMA) protocol allows for the movement of crypto and fiat like email addresses. It uses the Bitcoin Lightning Network and offers fast, low-cost, and secure transactions. UMAs are compliant and require a KYC procedure. Users can send funds to anyone with a UMA-enabled wallet, and recipients can set up their own UMA to access the received assets. However, there is criticism regarding the lack of novelty and permissionless nature of UMAs, as well as concerns about centralization and privacy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MakeItRelevant

> I heard before for some of these projects, like Band, UMA, DIA, API3, but all of them combined don't get close to Chainlink in terms of protocols that are using them. Why is that? If you know Chainlink well, then you know Nazarov. I remember an interview when he said that Link had at least 60% of the market share (DeFi + gaming). I'm not sure how much is this number now. Link has over 900 DONs and develops several solutions including VRF and CCIP. As for the other projects, I'm very close to UMA and DIA. I've been building with DIA Oracles for a long time, especially on Avalanche and Polygon. DIA is one of the most undervalued tokens in my portfolio rn (< 0.6X ICO ROI).

FORE_Future

Great question! People-powered predictions mean just that: users create markets, users participate in markets against each other, and users validate market outcomes. So, how do you prevent bad actors in a people-powered ecosystem? How do you ensure the validity of a decentralized ecosystem, when payout depends on accuracy? In the case of a disagreement between Analysts, a dispute is raised and is resolved by trusted, high reputation validators. This step is crucial, as prediction market outcomes hinge on accurate and reliable validation mechanisms. Our dispute resolution system allows for a final check and referees in a decentralized way: ensuring that any user has the opportunity to report any violations or concerns about a market or its results. While overall we strive for fast resolution and payout, the validity of this payout is crucial. All participants in the disputed market have to wait until the dispute is resolved and payout is released, which can take up to 96 hours. In that time, the dispute will be resolved by the High Guard: a decentralized network of active Analysts with Black NFTs (the highest tier) who have proven their reputation score to the community and the protocol. To reinforce and further decentralize the dispute process, we will be leveraging UMA’s technology: an optimistic oracle and dispute arbitration system that securely allows for arbitrary types of data to be brought on-chain. UMA's third-party network of validators, which operate independently from the FORE platform, establishes an objective and unbiased approach to settling disputes on FORE Predict. You can learn more about this partnership here: foreprotocol.io/post/uma-partnership And our dispute process here: foreprotocol.io/post/dispute

Chukyzy10

I read that when disputes arise, $UMA tokenholders will act as impartial validators to settle bonds and resolve the market to the correct outcome. Could you explain how this works? Is the only criteria to become a dispute resolver holding $UMA tokens?

MakeItRelevant

Synthetic issuers are very interesting Defi projects. I have SNX, UMA, and also DAFI within this category. I've been a fan of Dafi's Super Staking for a long time.

dead-spiral

There was a few hype 3 years ago about UMA when it got listed on Coinbase but that appears to be over. LINK really has most of the Oracle supremacy, iirc.

Bitcoin1776

I'm SUPER glad this is happening. I was hacked at Coinbase (text verify / sim swap). I notified Coinbase within 2 hours. The hackers didn't get funds - but they DID make trades.. I don't want these penny stocks. I can 'whitelist' and 24 hr block withdrawals... but what I can NOT do is prevent my account from trading in penny stocks.. So all a hacker has to do is hack, trade into a penny stock and then sell it on a different exchange. Now you have 'washed' funds that are impossible to trace and Coinbase has no way to prevent this.. no way at all. In my case, they sold my BTC / ETH for BCH. BCH spiked when they did it (market orders) - but just a little. Then my account got locked (took like 24 hours to lock it even though I notified them within 2 hours).. And when I got access again 4 months later, the BCH had done better than BTC / ETH so I wasn't mad :P But how pissed would I be if they did a market order on UMA (whatever that is), I paid 4x true price (note THIS IS WHY YOU SEE SPIKES IN SHIT COINS - IT'S HACKERS WASHING.. anyways)... then even if I got my account again, it would be down 75% and the hackers 'withdrew' the funds in minutes... bypassing all security. So stupid to force all 1 mil coinbase customers to have penny stock exposure as a default.. making all security pointless.

MichaelAischmann

The next biggest oracle protocols by market cap are Band Protocol, UMA & API3. Coingecko has an entire category devoted to oracles: https://www.coingecko.com/en/categories/oracle

coinfeeds-bot

tldr; Relevant text: "Crypto-based betting platform Polymarket drew a record number of Google searches, more than $2 million in wagers, and some negative press last week when it asked users: “Will the missing submarine be found by June 23?” After the US Coast Guard announced on June 22 that it had found pieces of the submersible on the ocean floor, Polymarket users who had bet “yes” won. But users who had bet “no” cried foul, pointing to the fine print of the bet. The argument was handed over to Polymarket partner UMA, a business that aims to settle others’ disputes the crypto way — with tokens. UMA tokenholders vote to settle questions of fact, with the idea being that collective wisdom is the best way to get at the truth. UMA voters sided with those who had bet “yes,” prompting a new flurry of complaints — this time, that its process couldn’t be trusted." Summary: Crypto-based betting platform Polymarket faced controversy when users who bet "no" on the question of whether a missing submarine would be found cried foul after the US Coast Guard announced that pieces of the submersible had been found. The dispute was handed over to Polymarket partner UMA, which uses tokens for dispute resolution. UMA voters sided with those who had bet "yes," leading to further complaints about the process. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

trrrring

What is UMA if I may ask?

Ok_Particular8737

UMA gonna rip at some point?

Bks1981

I think that the derivatives market going to synthetic assets will be one things that boom so coins like SNX, UMA and MIR will make a good run IMO.

SadiesBestie

I keep going from telling myself I'll only hold BTC and ETH to a portfolio of BTC, ETH, LINK, DOT, ALGO, FET, and UMA. I know it doesn't help just to switch back and forth....I can't seem to help it.

coinfeeds-bot

tldr; Oracle tokens have been surging in the past 24 hours, with CoinGecko showing a 5.5% rise in their total market cap. The top oracle coins by market cap include LINK, NEST, and UMA. The crypto market was bullish today, with most cryptocurrencies and DeFi tokens recording gains. However, the current gains could be short-lived. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Dwaas_Bjaas

The stupid article doesn’t mention, but does cote a tweet that said: “We’ve also got $UMA, $DAR, $UNI, #FTX Token & $LPT on the list 👀”

GME-NeverSell

I bought $10,000 of UMA around $11. The next day it rocketed up to $40!!!!! I sold it all at $16 thinking I was a MF genius. The best thing I've ever done though was buy 12.0 ETH at $192 each. Started averaging out around $3900. Of course I'm averaged right back in, but now with more ETH and more than 1 BTC.

Lettucelove2

WHAT! I currently hold UMA HBAR BAND CHZ LITE I kno nothing about NFT’s Where do I buy a Reddit nft?? On Reddit?? I did download opensea app at one point but didn’t understand it so I deleted it. I’ll download again. I was worried about NFT’s cause I was scared it was just a fad so I stayed away from it for a while. Looks like it’s time to add NFT’s to my education checklist.

Western_Helicopter_6

Ya’ll ever mess with Polymarket? I’m having a fun time with it. Made some bets about hurricanes and movie box office anounts. UMA liquidity rewards are nice too if you provide lp positions.

Unfortunatedude

Lol.. If anyone had been listening.. Maybe a few ppl here.. I've had numerous posts about this subject. I still have numerous screenshots as well. YES, the entire crypto market has been algo controlled since November.. I literally watched it happen live.. Im obsessed with chart stalking.. And during these months all of my holdings changed how they behaved.. They became way more docile and.. Uncharacteristic to their own patterns.. I was too early in the market to understand what was happening.. But this was malicious algo buys getting ready to dump. It started taking control over the pumps as well.. Basically acted like shorts.. Sucking the life out of everything.. And UMA kept pumping the most of course.. Owned by GS.. Up 100% a lot of days. I knew something was up.. And here we are.. Screenshot evidence in hand.. And a lesson to be learned. I'm willing to bet if someone hacked the Blackrock computer known as Aladin.. All of our market problems would go away.. Or multiply. Not too sure on that one.. Blackrock owns most of BTC and is a hand of the government. They work together in silence to bend and shape the economy and markets to their agendas.. Unfortunately Crypto is on the menu.. and Blackrock can literally buy the entire world over.. Not just the crypto market as a whole. Take it or leave it. This is how the world works now.. If you can buy it.. You are now controlled by someone or something. Sorry for the random sentence structuret.. I'm having multiple conversations at once lol.

John_Sknow

Why did UMA pop so much today? Could more alts pop like this? I'm scared.

John_Sknow

Why did UMA pop so much today? Could more alts pop like this? I'm scared.

ninpuukamui

UMA is having the oposite of a stroke.

chrisbrown21357

Tiny 1% bag. Was hopeful that UMA would get into layer 2 defi, but not much traction since polygon integration. They did recently integrate with boba network (eth layer 2). I think the price will just fluctuate with BTC and the market - don’t see any news on the horizon that will make it perform any better.

MakeItRelevant

UMA is on my watchlist. Are you hodling? Any thoughts about current price?

chrisbrown21357

The oracle of oracles?😆 I will have to check into DIA. Any love for UMA?

Kaksukah

AAVE MATIC SOL FTM LINK DOT UMA UNI Are any of these consensus shitcoins

AlligatorDerby

I cut a few alts back in Jan: UMA SNX RVN and about 10 more lol ( had an altcoin fetish ) Also holding a few no matter what: Algo, Sol, Ada ~ though I got In at a decent price. Makes it easier. Then there are my FanBoi coins Like Cosmos ecosystem projects that I'm not sure, but I'll close my eyes and hope for the best. BTC, I'm still buying, casually, all the way down.

coinfeeds-bot

tldr; SX Network has raised $2.5 million in a funding round led by crypto venture fund Hack VC and several other investors including CMCC Global, Nascent, FJ Labs, and several prominent crypto angel investors including the founder of UMA Hart Lambur and Betfair Co-Founder Josh Hannah. SX Bet has processed $175 million in trades across over 900,000 bets since its launch. SX Network is specifically engineered to scale betting, decentralized finance, and non-fungible token (NFT) applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; SX Network has raised $2.5 million in a funding round led by crypto venture fund Hack VC and several other investors including CMCC Global, Nascent, FJ Labs, and several prominent crypto angel investors including the founder of UMA Hart Lambur and Betfair Co-Founder Josh Hannah. SX Bet has processed $175 million in trades across over 900,000 bets since its launch. SX Network is specifically engineered to scale betting, decentralized finance, and non-fungible token (NFT) applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

diomediocre

Realistically LINK is at levels of dominance over the oracle space comparable to ETH's dominance over the DeFi space. Oracles will be critically important but whether they can accrue value is still to be seen as a lot of projects just use centralized oracles or API calls to DEXs or Coingecko/marketcap. If you want alternatives the big 3 secondary oracles are BAND, UMA, and API3 and while all 3 have unique features and mechanisms that make them really cool they all have similar tokenomic/price issues to LINK.

bookshoop

>The Hottest DeFi Tokens That You Should Look Into in 2022 AVAE protocol with AAVE token Synthetix protocol with SNX token UMA protocol with UMA token Kyber protocol with KNC token Ren protocol with REN token Sushiswap protocol with SUSHI token YEarn protocol with YFI token Uniswap protocol with UNI token Loopring protocol with LRC token 0x protocol with ZRX token Finally, it should be noted that with the recent fluctuations in the global economy and financial transactions around the world, the demand for decentralized currencies is increasing. This shows that a good future awaits the famous Defai tokens. Even now, by facilitating the lending process and giving voting rights to their owners, these tokens have been able to increase the motivation of users to provide this type of currency code and achieve a good position among other digital currencies.

Bks1981

I believe that synthetic assets will have their time to boom but there are a few different ones and who knows which will be the winners. I hold small bags of MIR, SNX, and UMA. Hopefully they are among the winners.

AlligatorDerby

Bitconnect, then SNX and UMA

plasticsatyr

I invested in CRO, NEO, ETH, ADA and UMA between February and March last year. Practically never sold. I got some money only with CRO and ETH. The worst has been UMA. I lost any hope to get my money back. The most disappointing has been NEO. The project seemed promising.

ktktpt

UMA

plasticsatyr

I am not in red yet, but almost there. I invested in three projects that I believed were not so risky: NEO, Cardano and UMA. UMA is a complete disaster. NEO is getting worse every day. Even Cardano that seemed a very safe project is not doing great to use an euphemism. I am not in red only because I invested also in CRO. I am now convinced that to know what a project is worth you have to be sure that you ignore all the pumping. That means that we will be able to know the value of these projects only when the effect of the last bull run will be gone. The value of most of the coins was just speculation.

AlligatorDerby

I have Sold out twice.. Once before the Massive 2018 Rally, The other Was Selling out at 3200 start of pandemic... I Would have had LIFE CHANGING money. Not to mention the 2 BTC that I lost in Bitconnect... I live VERY VERY poor in the united states. Which has been inflated into Not being able to eat... I get the feeling of wanting to sell... But The Feeling of ACTUALLY selling out doesn't give you Peace of Mind either... In fact I hated being a No coiner, I felt like I Abandoned my Passion/Hobby... If you NEED to sell, I Would. Holding On with money you need is not healthy. If it's Not being able to stomach the Loss I'd Step away for a little bit And THINK Logically about it. Give it a week or two. It's hard to keep up sometimes. Perhaps This means you are over Invested? I DO NOT DOUBT the Market will get Bullish Again, When I have no idea. There is just WAY too much happening in the space right now for it Not to... I think of that money as already Gone. Spent on My Internet Money Hobby. That keeps me from Thinking About what I COULD spend that money on. I have More Losses in Crypto than Gains. I've been in since 2017. The reason for my losses Is Emotional Selling At literally the WORST TIMES. Even recently, I cut my UMA position at $5.80 . I was Way over my budget in that one and Cut a MASSIVE loss.. Within a day or two, Back to 8... Granted I bought at like 25, with like 1/5 my yearly income... So either way Massive loss... Take a break. Don't put anything in for a few Pay Periods. Reddit CC is also perhaps not the best place for Peace of Mind. Its either Toxic Positivity Or Excessive Negativity. Take care of yourself. Take a break from the Charts. Trade on Logic, not Emotions.

zeppelinzoso

GTFO nerd, it's Mutual Fuds, not some boutique SMA/UMA. Just look at the 1,3,5 and 10 year performance of the fund. If you have $1mil + to invest, yeah, pull up a Morningstar report and run some analysis.

FreePrinciple270

Something similar happened with UMA last week. My guess is that a market maker or someone with insider knowledge on those projects is accumulating to make a good profit later on.

gerewfgrh

Well I want to know who is making profit on UMA, sister of LUNA

iamjide91

The right thing to buy is the dip, then you sell the top. Unfortunately, many do the opposite. I can see the MANA, SAND, GALA, ANC, and UMA being leading assets purchased by Indian Investors. That may not be far from the truth. But I also see search and transaction volume going up for web3 projects like DIA Data and LINK cryptocurrencies. I'll say DIA seems to appeal more to American investors. 1. DIA pumped massively after listing on Coinbase & Coinbase Pro alongside Huobi and some other exchanges as well. 2. It also saw massive volume after the announcement of the partnership with the American-based Kraken exchange subsidiary, CF Benchmarks. These are where my attention is fixed right now.

LtViperNL

WTF is going on with UMA this past week?

coinfeeds-bot

tldr; Universal Market Access (UMA) is up 0.13% in the last 24 hours, and has rallied more than 80% in seven days. UMA was launched in 2018 by former Goldman Sachs traders Hart Lambur and Allison Lu, and acts as a protocol that aims to decentralise synthetic financial products based on the Ethereum blockchain. According to UMA’s website, the protocol has a total value locked worth $49 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Jxntb733

UMA has partnered with @dappback to create a web3 task page that rewards you for completing web3 micro-tasks like joining our community, getting onboarded, providing content, etc.

headgsket

Yeah I came to know about UMA yesterday only after it got pumped high

mikerusd

I don't know what happened to UMA yesterday it gave 1.5x yesterday

Osemka8

Stop focusing on coins just because they pumped. UMA didn't do anything since inception.

nevinajith

Opinion on UMA? Good for a buy at this price?

s101063530

Yeah How the UMA is gaining so much, it's still a mystery for me

St5816

I came to know about UMA after this pump, then I zoomed about the chart

Unfortunatedude

Umm UMA?! UP +120%.. That should be at the top maybe 😂 🤷‍♂️

Vaporwave_Aliens

Missing UMA, was up 100% at its peak

BradVet

Any UMA news causing 100% pump?

Kehgals

Never even heard of UMA and now it’s all over the daily. What does it do and why is it up?

gargoyle_gecko

What's going on with UMA? 117% up currently

FreePrinciple270

But why UMA and why now?

ninpuukamui

UMA, go to sleep, you are drunk.

FreePrinciple270

Can someone explain this weird UMA pump?

jmlinpt

UMA 130% up. FOMO or not FOMO?

ultimatefighting

Why did UMA double since yesterday?

kakkesugi

Damn! Wtf going on over there with UMA?

throwra76571836

Be honest, who fomod into UMA and got dunk on?

BradVet

Sweet lord 150% pump on UMA lol whats the cause??

toddeholden

UMA was up by 78% when I saw the chart, it's just unbelievable

FreePrinciple270

Wait UMA is up 65%?? What did I miss?

osnapitzdxzzy

What is UMA and why is it pumping

user773845

Yeah and best performer is UMA it is up by 50% today

g0rg0ngeorge

Woah, so what’s the UMA news? Up 86% on the day.

DanSmokesWeed

What the crepes just happened with UMA?

eckstuhc

Ah, yeah no idea.. lookin into it tho, says the resolver is UMA (https://umaproject.org/), they have an optimistic oracle that looks like it can link into contracts. I don’t know the details, but I would assume you can regex the Coinbase site and say something like if “sorry can’t withdraw” is gone and “input wallet address” is there, then it reads as success. Totally guessing though lol, it might just be some dude in a closet hitting the refresh button.

ninpuukamui

Holy shit, UMA just shot 62% up. WTF? Is this 🐻 market? Is this crypto ☃️?

RotgutFeng

Random alt like UMA pumping 50% in 24hrs reminds me of what the bull run used to feel like everyday another crazy alt pump

Key_Independence_575

UMA