UNI rides governance upgrades, burn proposal to 70% rally week 🚀
Uniswap’s native token, UNI, has emerged as a leading performer among the top 100 cryptocurrencies this past week. UNI’s price surged over 70% in the last seven days, driven by traders attracted to the decentralized exchange’s bold governance strategies.
The price surge coincides with a proposal to burn 100 million tokens, which has added to the market's excitement. UNI's significant gains demonstrate the market's positive response to Uniswap's governance improvements, highlighting the community's support for these progressive changes.
This development underscores the growing influence of governance upgrades and tokenomics on cryptocurrency valuations.
Source: www.cryptopolitan.com ↗
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