Benzinga – by Benzinga Insights, Benzinga Staff Writer.

In the last 24 hours, the price of Uniswap (CRYPTO: UNI) has declined by 3.43% to reach $6.81. This downward trend continues from the past week, during which Uniswap has seen a significant loss of 38.0%, dropping from $11.08 to its current value.

The following chart illustrates the price fluctuations and volatility of Uniswap over the past day (left) compared to the trends observed over the previous week (right). Bollinger Bands, depicted in gray, indicate the volatility in both the daily and weekly price actions. A wider band or a larger gray area signifies higher volatility in the market.

Over the week, Uniswap’s trading volume has increased by 4.0%, mirroring the movement of the overall circulating supply of the coin, which has risen by 0.87%. The current circulating supply stands at 753.77 million tokens, representing approximately 75.38% of the maximum supply of 1.00 billion tokens. As per our records, UNI holds the #24 position in terms of market capitalization, totaling $5.16 billion.

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