UNI

biba8163

> my environmental concerns Because you are repeating some narrative from 2016 saying "destroys the environment" without articulating anything. Most of BTC mining is powered by clean renewable energy today and trending more to that. It's actually helps bring demand to transition to renewable energy, stablizes the grid, reduces the need for gas peaker plants, etc. > Also ETH via UNI and AAVE allows people from countries with no access to dollars to not only hold dollars via stablecoins TRON dominates Stablecoin usage in developing countries and as I've said many times, rails for stablecoins is the killer use case for these competing networks which will have to remain cheap. > Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ > ETH’s dapps are decentralized...Via governance, you know, the only buzz word you chose to not include in your rant. Decentralized Governance is a scam. I've called this centralized governance bullshit scam out many times, 5 years ago, 3 years ago, etc. > One man, Rune Christensen controls the system, interest, fees, voting, etc. There are ELEVEN addresses that accounted for 98% of the voting for the protocol change for an "executive vote" used USDC. Eleven addresses control the entire protocol and a protocol change was voted in just...what 24 hrs? And most of those addresses are probably owned by a handful of people. On what planet is that decentralized? https://np.reddit.com/r/CryptoCurrency/comments/fl68d4/crypto_collateralized_stable_coins_have_proven/fkxc40i/ > AGP42 : Put differently: aside from one whale, AGP42 passes. The Aragon community overall voted for AGP42, but it was rejected with 69% of the vote because of one whale. > AGP37: 82% in favor of AGP37. 453k to 99k. But then the whale voted. So despite 83% of addresses voting in favor of AGP37, on the surface it appears to be a large defeat where 66% vote against. > AGP-35:: Here’s another case in point: Edgeware Lockdrop Proposal for Aragon..The 792k whale voted for this. Deduct the whale’s votes and you get 338k. Which means that this proposal was losing by about 15% at ~43% versus ~57% pre-whale. Then the vote went from losing decisively to winning by a massive landslide. So aside from the whale, the Aragon community voted against Edgeware lock drop participation https://np.reddit.com/r/CryptoCurrency/comments/16qpy14/comment/k1zmjv5/

TrueDreamchaser

Lol did nothing to address my environmental concerns Also ETH via UNI and AAVE allows people from countries with no access to dollars to not only hold dollars via stablecoins but also earn interest on them. This combats the issue of high inflation in many countries. A real use case. ETH’s dapps are decentralized. Each modification is written in GitHub (or something similar) by community members and voted on by holders. Via governance, you know, the only buzz word you chose to not include in your rant. Also I never said I was an ETH maxi, I even opened the door to alternatives. The fact you failed to address bitcoin’s environmental concerns and deflected tells me CLEARLY what maxi you are though.

JohnBITbigcoin

Bitcoin already has a know. fork to protect and make it quantum proof do yes it will and also it is upgradable as new threats come available. Where the wealth is is where the network will be & bitcoin has too much riding on its back already, I kniw most ogs like me dont agree but I have been in xrp since a dime and enjoying my 23-36x so where so many banks use and now defi is live on it i di believe the coins will be as follows. BITCOIN Ethereum Xrp Solana LINK SUI ENS *( 30 YRS) UNI,AAVE,COMP DEFI LP / YIELD BNB i believe after a crazy dip when it becomes more decentralized will still be around & kinda took over where neo fell I do believe that we need a couple strong privacy coins & lite coins could take this niche

Somebody__Online

DRV UNI HDX I’m curious what your take is on these

Somebody__Online

You can look on decentralized perpetual markets like GMX and see what market is currently paying the best funding rates. I am farming ETH, UNI, and APE at the moment for a 70% Apr average. The move is to set the collateral asset to the risk asset and then short sell at 1x So like for uniswap I set the collateral asset to UNI and then open short for 1x. For the APE it’s the same but with APE as collateral and short APE. Then you just need to check in on the markets to make sure the funding rates are stating positive. You can close back into stable coin when the funding fees stop being positive.

coinfeeds-bot

tldr; DeFi dominance has dropped to levels not seen since the 2021 bull market, with token valuations and total value locked (TVL) showing bearish trends. TVL decreased to $90 billion, and lending protocols saw a sharp downturn. DeFi tokens like Uniswap (UNI) and Aave (AAVE) have underperformed, with dominance at 3%, far below the 2021 peak of 5.9%. The sector's stagnation reflects broader altcoin weakness, as Bitcoin absorbs liquidity. Despite stablecoin growth, DeFi struggles to recover, with synthetic assets and lending facing challenges amid bearish market conditions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

GreenStretch

4 years ago: BTC, ETH slightly up today, BNB up XRP up ADA slightly down, DOT, UNI, LTC, LINK, BCH down. [https://coinmarketcap.com/historical/20210307/](https://coinmarketcap.com/historical/20210307/)

izdigohkz

That's even too many coins to hold at this time. Reason is because you want a port that you can monitor easily. If you are not so big in capital, You should just fix on low to mid caps. I wuldn't want to hold UNI, DOT and LINK at this time. SUI is a good bet. Maybe add Supra and some other mid caps.

CorneliusFudgem

Hayden needs to make the price of $UNI go up now 😭

ec265

SEC have dismissed their case against UNI Regulatory landscape has flipped from being hostile

stanton_HZN

UNI would be an interesting one because its business model is so clear and it makes money. Biggest risk is in American regulations since it’s registered in the US.

Itur_ad_Astra

Nobody's going to bother hacking your ledger with $14 worth of stETH and $3 worth of UNI.

jekpopulous2

That’s not the way it works at all. Alt season is 90% beta tokens on major chains. If ETH (for example) goes 3x - the DeFi protocols that live there go nuts. AAVE, LINK, UNI, ARB, etc all go 10-20x. Smaller caps in the ecosystem might go 50-100x. That’s what alt-season looks like.

LegendaryJohnny

Probably good decision because there is no long term hold diamonds hand winner if you hold literally anything but bitcoin. I am also 2017. Lost five figures in scam Omise GO. In 2020 right after UNI airdrop I had 2200 UNI, but it kept going down and down and I stopped believing in it and sold literally 2 cents for all time low of UNI. I was just thinking it can't go down if so many people received 400 UNI for free. It was $45 dollars in April. Last year I was accumulating 'good projects' all year, every spare money. And it did 2x, but I didnt want to repeat that UNI fail from 2020 so I held. I held till profit went to 1.1x then converted all to BTC and fuck this shit.

Itur_ad_Astra

I just converter my last NANO (held since 2017!) and my last UNI (held since the 2020 airdrop, my first airdrop and the only one I never sold). It wasn't much, but it was sentimental. I never thought I would sell that last NANO since it was my initiation into crypto. I don't have any BTC, sold it all starting from 0.04 and down to 0.03. I sold all my SOL a couple of months ago (I made a comment about it on ethfinance, but can't find it). I am now, for the first time, purely 100% ETH. Not 99%. Not 99.9% Just 100%. This is the last crypto I will ever hold, not because I'm married to my bags, but because I can't find anything better. ETH sentiment is at the lowest lows that I have *ever* seen it. It's worse than the Covid Crash, it's worse than the DAO hack, and it's worse than the Luna and FTX crashes. Much worse. ETH can't even pump $10 without it being followed by a $100 dump. Sure, it might wick to $1500 this Sunday. It might not. It's clear that Trump is manipulating the price with all these tariff talks, but it's also clear that his son is buying, and the ETF inflows were never higher. He could say it's included in the Crypto reserve at any moment, and leave everyone on the sidelines. You can keep listening to the bots and Cointelegraph telling you to buy XRP because it's going to $99, or you can buy the actual blood on the streets. Let's see if there's anything here.

thursdayjunglist

I'm willing to lose the $1000 I already invested plus another grand. I'm in $100 each on ADA, AVAX, BTC, DOGE, ETH, HBAR, LINK, UNI, XLM, and XRP. I already have some Solana (nice profit), BTC, and Shib from before. Any of these you would advise against doubling down on, or swap for a different coin?

ec265

ETH - decentralised world computer that will be the financial settlement layer of the internet RPL - an ETH staking token with revenue share and so the more that is staked, the better the token performs ZK - my pick of the ETH L2’s; zero knowledge proofs are fundamentally going to disrupt crypto for the better, and the token also had a favourable distribution compared to others That’s it. My focus is on understanding and high conviction, rather than spreading myself and just hoping for the best. UNI gets an honourable mention. I think once it gets revenue sharing it will pump like crazy, but it doesn’t have the best token distribution.

boredscrollingreddit

Missed the big dip unfortunately - wasnt paying attention and missed out. Still was able to buy some UNI, ETH, BTC and Doge on this dip, but fuck if I was near my phone last night :(

Indulgent-edison

I all in ETH, SOL, and DOGE with 1.8 of D/A ratio (1.8 leverage) with an average entering price 3302, 183, and 0.2905 for my conservative funds. For my small funds, I all in PEOPLE, LINK, UNI, CRO, TRB, ADA, GALA, pretty much the other coins you could think of.

therealweebkiller

shib till 22nd/23rd selling and buying more UNI till april

Impressive-Level-276

ETH, XRP, TRX, UNI, DOT, LINK Some lost more than dogecoin

CRABMAN1981

NEAR, FET, UNI, ONDO, LINK - don't think you can lose money on these over next four months. AMP will go up aswell.

LegendaryJohnny

Well yeah we do. But when everything is actually up. Last bullrun UNI went from 1.75 in november to like 7-8 dollars in late december. Literally most alts in top100 were 5x. Now you have few alts 2x, very few 4x, most are below March minipump now.

New_Reputation

RUNE undervalued, more volume than Uniswap, RUNE mc only $2b while UNI is $10B. Also Bitcoin beta. Bought moreeee

ec265

ETH beta plays DeFi - UNI/ENS/RPL/AAVE L2s - STARK/ARB/OP/ZK

wojak42069

LTC, LINK, AVAX, UNI, MATIC, GRT. Potentially FIL and DASH too?

gowithflow192

Personally I would recommend those coming in late to just invest in high market cap alts. I suspect they'll get greater returns from a basket of ETH, SOL, XRP, LINK, DOT, XLM, HBAR, UNI than they would from BTC alone.

gsnurr3

I didn’t foresee the current upcoming administration’s proposals. I’m just not lucky enough to have insider information ahead of time or a working crystal ball. That being said, I do own UNI. That was my ETH play this cycle. It’s not like I was betting on ETH to go downhill at the time. That speculation has changed now. The rest of the US based crypto in the proposals I owned at one time or another, but not currently. ALGO had not ran to much by the time the news was making headlines, so I did pick up TINYMAN, but that’s it when it comes to this context.

Gloomy_Season_8038

When market is moving pretty fast like now, buy bridge and swap tokens, heavily used to borrow, loan, swap, during high volatility periods AAVE, LINK, UNI

Logical_Lemming

UNI's not doing bad, either. Memecoins may be getting all the press this cycle, but OG DeFi is quietly killing it.

coinfeeds-bot

tldr; Popular memecoin Pepe (PEPE) surpassed Uniswap's token (UNI) in market capitalization on Dec. 7, reaching over $11 billion compared to UNI's $10.6 billion, marking a new all-time high. Pepe gained approximately 16.8% in the past 24 hours and is up 26% over the past week. Since its launch in 2023, Pepe has grown significantly, with an 18x increase in market cap from the start of the year. The memecoin, inspired by a cartoon frog, has become a favorite among traders, despite having 'no intrinsic value.' *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

_TheWolfOfWalmart_

It's not. HBAR, KAS, UNI pumping too.

GreedVault

Unichain L2 and SEC could be dropping the UNI case. After the next governance takeover, regulation on defi will probably be more lax than the current ones.

callme_e

Why is UNI and AAVE climbing up everyday?

coinfeeds-bot

tldr; Uniswap (UNI) has experienced significant growth, with its market cap surpassing $10 billion and its price increasing by 80.44% over the past 30 days. The Relative Strength Index (RSI) is at 67, indicating potential for further growth before reaching overbought conditions. The Average Directional Index (ADX) is at 39, suggesting a strong uptrend despite a slight dip in momentum. If the bullish trend continues, UNI could test resistance at $17.39 and potentially reach $20, its highest since 2021. Key support is at $13.5. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SevereArrivals

Lol I mean the first one I got was the UNI airdrop and that was insane. By tens of thousands its probably closer to 25k I've made in airdrops though the years. Badger and AGAVE are too I also remember quite fondly. 3 upcoming ones I farm quite hard are SUILEND, Mitosis and Berachain. The latter 2 are all on testnet and don't need any investments except for some time.

Alienpot

Everyone knows its [Uniswap](https://renalim.com) but of course noobs will take years to figure this out, you can also check out 1inch or pancakeswap or traderjoexyz but UNI is by far the best… good luck

Obvious_Profit1656

Are there any ETH network based coins that are doing good right now? so far the ones I know like Polygon or LRC are in the shitter, UNI I guess does the best so far.

admin_default

In 2020, altcoins became rapidly overpriced relative to Bitcoin and Ethereum and subsequently returned only modest gains in 2021. For example, a top Dapp like Aave hit like $500 in February ‘21 and only managed to top out at $670 very briefly by May. Most of the widely used Dapps like LINK, AAVE and UNI look relatively cheap right now. But some shit like Doge and XRP are outrageously expensive. Buy low while you still can.

Ace-of-Spades88

Yeah, I got greedy and fucked up. Trying not to make the same mistake two cycles in a row. But as a side note, I also had ETH, ADA, DOT, LINK and UNI all up even more. Hell, I got a 100x out of AXS and luckily did take a lot of profits on that one. I also watched a $2k investment in LUNA rise to about $35,000 in LUNA and UST, then evaporate in less than 24 hours. I've seen some shit, man. But hey, at the end of the day...invest in what you want. Maybe VET is still a great project, and I wish you all the gains with it in the future. For me tho, I'm ready to take my profits on it and move on.

sakion

I don't know shit but chainlink seems HUGE with fidelity and real life finance it started pumping today. Got a good feeling with Pol(matic) as well just make sure to buy Pol since matic is getting phased out or something like that. They have some good stuff coming up too. Check out UNI if the lawsuit gets dropped I think it's gonna puuuump too good luck man its rough in these streets

Sad_Atmosphere7799

Going off last bull run this shit is just getting going….. don’t buy the ones that have already pumped though I think UNI & YFI are gonna be the late pumpers like last time

YoungCapitalist95

Why don’t you educate us if there is anything interesting to mention about UNI, except your 3x 5x or whatever your silly uneducated predictions

MichaelAischmann

>Unichain mostly Thank you for talking about UNI. Great speech.

recessiontime

If you are ignoring prior bull runs how did you come to the conclusion that UNI would 5x?

therealweebkiller

I try to ignore prior bull runs because it's impossible to predict anything with crypto. I could have wrote this as as I was typing UNI could have dropped to 5$. That truly is the name of the game. BUT if history repeats itself ETH lags behind BTC as it usually does and UNI will see it's prices affected.

MichaelAischmann

So talk about UNI. What's new with it? What reasons would you buy it for? Usually the reason no-one talks about blank is that there are no news about blank.

recessiontime

There is an Uniswap subreddit but people rarely talk about price there it's mostly about using the DEX. UNI is in my portfolio and it has been one of my losers since the SEC Wells notice. XRP managed to pump roughly 7x back in 2020/2021 so I figure UNI might be able to do the same or more since it is much lower market cap coin. I think ETH needs to go up in market cap valuation first for UNI to go to a big price. I think it can go to $50 or higher this bull cycle.

ec265

ETH beta plays DeFi - UNI/ENS/RPL/AAVE L2s - STARK/ARB/OP/ZK

Requirement-Lazy

UNI

Realistic_Fee_00001

Bitcoin BTC ETH Solana SOL XRP Avalanche AVAX Chainlink LINK Cardano ADA BitcoinCash BCH Uniswap UNI Polkadot DOT

ccModBot

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LegendaryJohnny

If you wanna feel better I sold 2200 UNI on 4th November 2020 for 1.77. Bottom was 1.75. Next day it went up abobe 2 and never came back below 2 since. Peaked at 45 few months later. This and buying 1200 OMG coins in 2017 for 12-14 dollars instead of 15000 BNB coins for 1 dollar (which was also on my radar but for some reason I trusted OMG more) were my biggest crypto mistakes.

ablonde_moment

I haven’t heard anyone talk about UNI in ages lol

Napoleon-Bonrpart

As far as coins worth investing in, I’d say BTC, ETH, Doge, HBAR, RNDR, and maybe UNI.

sowhatidoit

Appreciate the insight. For UNI , is it UNISWAP?

GreedVault

If I had to invest 5K now, here are a few I would consider buying: 1. ETH ( Still far from its ATH ) 2. UNI ( Gensler leaving; lawsuits might drop, UNICHAIN ) 3. ADA ( ISO 20022 tokens, Charles Hoskinson might become Trump’s crypto advisor ) 4. OP ( SUPERCHAIN ) / POL ( AGGLAYER ) 5. Moon 6. DOGE ( GAMBLE )

GreedVault

I agree. ETH is still far from its ATH, and probably stack some ADA and UNI.

admin_default

Buy anything with real usage and adoption. The top dApps are a good place to start: AAVE, LINK, UNI. See the protocol rankings here: https://defillama.com/

Blooberino

I have a couple of those. I'm waiting until the market peaks then I'll exit them forever. UNI and ALGO might break me even or possibly profit, but the rest I'm just looking to lose the least possible.

simmol

If you take a look at the worst performing coins in the last week (from top 100), most are projects associated with ETH: AAVE, POL, MKR, UNI, OP, ARB, etc.

etherenum

Front run ETH Staking ETF's ($RPL) and a supportive regulatory regime for fee switches ($UNI)

admin_default

AAVE UNI LINK Top DApps by TVL built on Ethereum are massively undervalued.

thomas_grimjaw

What, like Litecoin, EOS and so? How old should they be to be considered dino? I think stuff from last cycle like LINK, AAVE, UNI etc will get a bump, but not outperform BTC. Older than that, I doubt it. With the exception of that cockroach Cardano, that thing has own insanity.

jawni

You'll notice that there isn't a single comment outside of 2 delusional XRP bull posts, that actually elaborate on anything. If any coin had a good chance of doing it, at least 1 person would be able to make a compelling bull case for it. Tron is an obvious contender so close at \#11 and having significant real-world use with USDT payments. UNI could do it, only to outperform \#10 by roughly a 2x and considering it actually is one of the most used things in crypto, I could see it. Other than that, maybe a memecoin like WIF/SHIB/PEPE/BONK (wif>pepe>bonk>shib) or even something newer like GOAT or Pnut wouldn't surprise me. Anyone listing anything else without elaborating is likely just talking their bags.

bodgey2021

I dumped that shit for UNI and made more in a week that ADA had done in years. RIP ADA the OG shitcoin where SUDDENLY …. nothing happens.

bodgey2021

Fkn PEPE just overtook UNI in MC. What a time to be alive. Glad I hold both lmfao. This is totally a meme coin cycle.

m4rked0ne

6 hours ago i put a similar amount to a bag of DOT, LINK, LTC, NEAR, AVAX, UNI and on the fence about ADA. Expecting more combined returns from just holding BTC mid-term (4 months?).

etherenum

$ETH $LINK $RPL $UNI Expecting a DeFi Renaissance with bullish regulation

PsieSyrenki

Idk, what is undervaluated, but I am still red on Atom, Dot, Matic and ARB. Maybe UNI and Aptos? I think they have some potential to grow.

DeviMon1

Open an acc in mexc. 200x futures, put longs into DOT, UNI, XRP right fuckin now since they're extremely underpriced. UNI had its first jump already I did this 5d ago and am swimming in gains, but i honestly expect even more from DOT. UNI will go to 11$+ literally any second now. Dont worry about catching the bottom for these coins and doing many small orders, it doesn't matter if you enter at 0.59 or 0.55 for smth like XRP if it's going 30%up or more in the next few days/weeks. Just make sure you have enough to hold the position so you dont get wiped on market corrections. So like 100$ in the wallet if you're putting 5$ etc. With that kind of leverage you'll be swimming in money even with a small investment. Thank me later.

btc_clueless

Ok, but other token of popular DEX in the past have not been doing well (see UNI). RAY on the other hand has been in a nice upwards trend all the way back since 2023 before the meme craze on Solana started. So what's different here?

I_like_robots_3112

I don't know why UNI became the DEFI token of choice there's so many other projects I would have backed instead

coinfeeds-bot

tldr; Uniswap's UNI token surged 28% following the U.S. presidential election, driven by expectations of a more favorable regulatory environment under a crypto-friendly administration. Open interest for UNI increased by 20%, reaching over 18 million tokens, the highest since April 2024. Funding rates for UNI also doubled, indicating traders' anticipation of further price increases. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

FancyCoolHwhip

Because of what UNI does

SameWeekend13

Can you say why UNI is performing so well ?

pullupbang

ETH is hilariously underperforming. Glad I bought some UNI in anticipation of trump victory. Can see this doing very well if crypto does well.

inadyttap

ah yes, good times, people talking about NANO and UNI :) [https://www.reddit.com/r/CryptoCurrency/comments/iw3ofh/daily\_discussion\_september\_20\_2020\_gmt0/](https://www.reddit.com/r/CryptoCurrency/comments/iw3ofh/daily_discussion_september_20_2020_gmt0/) 

NomadLife92

All you need in that list are SOL, BTC, ETH, RNDR and UNI. Rest is garbage.

LegendaryJohnny

Not true. They peaked weeks or 1 month after BTC. But they were going up with BTC before going bonker. UNI after its airdrop went to all time lpw of 1.75 in first days of november. 5th november UNI went up above 2 dollars and never fell back to 2 dollars - this was 6 month after halving. 1 month later UNI was 100% up. April it peaked at 45 dollars, doing 30x. Now we are 7th month beyond halving, alts did not move AT ALL.

nimbotics

Hold em crypto is BTC and if you want to take risks ETH. If you want to take even more risks and increase profitability SOL, BNB, AVAX, TRON, LINK, UNI and AAVE. The rest surf the wave and speculate.

kirtash93

UNI is really getting impressive numbers

fancy_bubble_tea

Take a look at AERO. It's the leading DEX by volume on Base. [https://dune.com/sealaunch/dex-metrics-on-base](https://dune.com/sealaunch/dex-metrics-on-base) AERO currently trades at 5.4x fully diluted market capitalization to fees. UNI trades at 11x in comparison. [https://tokenterminal.com/terminal/projects/aerodrome](https://tokenterminal.com/terminal/projects/aerodrome) [https://tokenterminal.com/terminal/projects/uniswap](https://tokenterminal.com/terminal/projects/uniswap)

MinimalGravitas

What...? I don't hold any Maker, but I've used DAI for about 7 years. You said you'd never heard of one of the most fundamental dApps on Ethereum and so I was trying to help you learn something. I guess you have no interest in that, which begs the question of why you commented about not having heard of it? I don't hold any AAVE or UNI either, but again, they are some of the biggest and most used projects in the space, so are worth understanding.

arbents

Keep it up UNI you are doing great work on the SUI network space

OvrThinkk

Will UNI holders get a Unichain token or anything?

coinfeeds-bot

tldr; Uniswap Labs has launched Unichain, an Ethereum layer 2 solution, causing its UNI token to surge 13%. Built on the OP Stack, Unichain addresses Ethereum's high gas fees and liquidity issues. It supports Uniswap V2 and V3, with V4 preview expected soon. Unichain uses a verifiable block building mechanism and integrates Flashbots’ Rollup-Boost for faster transactions. The platform aims to enhance DeFi access across rollups and will be MIT licensed for broader adoption. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

EdgeLord19941

BTC, ETH, USDC (and some other stables), SOLANA, XRP, DOGE, ADA, UNI, LTC, POL

desperatemycolog1st

how fucking stupid am I for buying a bunch of UNI at its peak last night?

coinfeeds-bot

tldr; Robinhood has expanded its cryptocurrency offerings in New York by adding Tezos (XTZ) to its platform. This allows New York residents to buy, sell, and trade Tezos, increasing its accessibility in a highly regulated market. The addition of Tezos, along with Uniswap (UNI) and Stellar (XLM), brings the total number of cryptocurrencies available on Robinhood in New York to 14. This move highlights Robinhood's commitment to broadening access to digital assets and complying with New York's strict regulations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

desperatemycolog1st

Hi everyone, I'm new to crypto and looking for advice. I recently bought about $50 of 8 coins (so about $400 total) - BTC, ETH, SOL, LTC, UNI, AVAX, AKT, and NEAR. I'm hearing good things are to come this October, and also following the US election. I take it all with a grain of salt but I'd like to try my hand and get some new coins or some more of the coins I have before the start of October. So here's some questions if anyone feels compelled to offer their thoughts: What's the deal with October? Is it just people anticipating the election and buying more, driving up prices? What are your thoughts on my strategy of buying small amounts of 8 coins? Am I just fucking myself with Coinbase service fees? Should I have put more into BTC? In this last week of September, what are your recommendations on coins? In particular I'd like to know of any coins that people suspect will rise in the short term. Should I put a little more money into any of the 8 I already have? Realistically, should I just chill the fuck out and not invest any more cause this whole thing is a crapshoot and mostly for fun? I don't have a ton of money to play with and want to be safe with where it goes. Thanks in advance for your thoughts. Good luck to you all.

desperatemycolog1st

Thank you. If you don't mind, can you explain what bleeding into alts is? is it basically the market for alts following behind a dip in BTC? If that's the case how do I know which ones are best to buy? So far I've bought ETH, LTC, and UNI

Dormage

Why? They are not burning UNI.

Electronic-Still6565

I love my LINK and UNI longs right now :) LFG!

Electronic-Still6565

Indeed. I was surprised to see my UNI bag doing so well in this.

Electronic-Still6565

I bought some yesterday. I am hoping there will be some short term pump and I can then get rid of it. Somehow UNI is also holding but not sure why

coinfeeds-bot

tldr; On-chain data reveals that Shiba Inu (SHIB) has one of the highest concentrations of wealth among its top 10 wallets, holding 61.2% of its circulating supply. This level of centralization is considered concerning as it can influence market dynamics and decision-making within the network. The analysis by Santiment also highlights other cryptocurrencies with significant wealth concentration, including Polygon (MATIC) and Uniswap (UNI), and contrasts them with assets like USD Coin (USDC) and Dai (DAI), which have a more distributed ownership. The centralization of wealth in cryptocurrencies like SHIB poses risks of market instability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Logical_Lemming

I'm definitely bullish OG DeFi tokens. Aside from the TVL growth this article talks about, I see an OG DeFi rotation as a natural rejection of the pump-and-dump memecoin meta, just like the memecoin meta was a rejection of the low-float, high-FDV VC-coin meta. Long AAVE, UNI, ETH.

coinfeeds-bot

tldr; Prometheum, a registered securities firm, plans to treat UNI and ARB tokens as securities, in addition to Ethereum's ether, aligning with the U.S. Securities and Exchange Commission's stance on cryptocurrencies. The firm aims to open its custodial services in September, despite the crypto industry's opposition to the SEC's classification of tokens as securities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

fatlever2

The only reason Robinhood lists these tokens is for profits off trading fees and spreads. They also help Robinhood retain customers and money on its platform when it became a one-stop shop for retail investors doing everything from stocks, options, betting on meme stocks and now crypto. - AVAX Think of it as basically as a token with value like Bitcoin but you can build programmable smart contracts into it, say if this happens then do this. With the success of Ethereum there are countless number of these tokens. - SHIB A meme coin. No value except more people hopefully the meme takes off and gets more buyers which attracts more money which attracts more buyers. - LINK A blockchain oracle that pulls data from the real world and makes it available for smart contracts described above. Hopefully the price goes up if everyone is pulling data from the oracle and need link. But since blockchain is still looking for a use case and there are lots of link competitors and lots of tokens to dump, price goes down and down. - UNI A token for governance of a decentralized exchange (kind of like Coinbase or Robinhood but not a centralized company, well centralized but pretend not to be since the trading is written in smart contracts in blockchains described above). - XLM Token is supposed to help money transfers and remittances across borders. There is some decent usage of this token but it's been mostly down for years and years. - AAVE A token for governance of a decentralized lending. You can lock your other tokens as collateral and get a loan and do something with the money or buy more tokens! You can also lock your tokens to provide liquidity for a place like this and get some APR. - XTZ See AVAX. Another smart contract token. - COMP Another governance token for decentralized lending Basically, there are like 50,000 of these tokens now and people have lost money of most of them in the past and present. These tokens generally go up when Bitcoin goes up bringing people into crypto and the value of almost everything washes away when Bitcoin goes into a bear market.