Saturday, February 4, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
Crypto Marketcap
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
No Result
View All Result
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
Home Analysis

UFT Value Prediction as Coinbase Lists Unilend Finance

by cryptostandard
June 30, 2022
in Analysis
Reading Time: 2 mins read
A A
0
#


The Unilend Finance value has gone parabolic as demand for the decentralized finance (DeFi) token rise. The UFT token rose to a excessive of $0.3560, which was the very best degree since Could seventeenth this 12 months. At its peak, the coin was up by 190% from its lowest degree this 12 months. It has a market cap of $11 million, making it a comparatively small coin.

What’s Unilend Finance?

Unilend Finance is a comparatively small DeFi platform that goals to develop into a number one participant within the trade. Its primary function is that it permits folks to commerce extra cryptocurrencies in its ecosystem. 

It’s a permissionless decentralized protocol that mixes spot buying and selling companies and cash markets with lending and borrowing via sensible contracts. It’s out there in Ethereum, Polygon, Moonriver, and BNB Chain.

In its platform, rates of interest and collateralization ratio aren’t decided by insiders. As an alternative, they’re decided by provide, demand, and group governance.

Unilend Finance has a number of options. For instance, it permits permissionless itemizing, that means that individuals can checklist any ERC-20 token. Additional, it permits lending and borrowing to co-exist with buying and selling and investing. It additionally has liquidity options that make buying and selling comparatively simple.

UFT is the native token for Unilend Finance platform. It’s the main governance token that permits members to participate in its governance. Additional, it supplies holders with an incentive to encourage members to contribute and keep the ecosystem.

The UFT value is rising as traders cheer its latest addition to Coinbase. In an announcement, the corporate mentioned that customers will be capable of commerce the coin in opposition to different acceptable cash within the pockets. Traditionally, cryptocurrencies are inclined to rally after they’re accepted in main platforms like Coinbase and Binance.

UFT value prediction

The UFT value surged to the very best degree since Could as traders cheered the Coinbase launch. It has now pulled again barely nevertheless it stays on the highest level in additional than a month. The coin has jumped above all transferring averages whereas the Relative Power Index (RSI) and the MACD have moved above the overbought ranges.

Subsequently, I consider that this bounce won’t final for some time. As such, there’s a chance that it’s going to have a pullback and retest the important thing help at $0.25. A transfer above the resistance at $0.33 will invalidate the bearish view.



Source link

Tags: Bitcoin NewsCoinbaseCrypto NewsCrypto StandardCrypto UpdatesFinanceLatest Bitcoin NewsListsPredictionPriceUFTUnilend
Previous Post

Sotheby’s gross sales in London fall quick—although Francis Bacon brings in £43.4m

Next Post

Berlin pronounces a number of restitution agreements with Namibia, Cameroon and Nigeria

Related Posts

Is Pi Community value something?

by cryptostandard
February 3, 2023
0

Pi coin is without doubt one of the hottest and extremely anticipated cryptocurrencies on this planet. Person metrics present that...

Crypto value predictions: SUSHI, Immutable X, AGIX

by cryptostandard
February 3, 2023
0

SushiSwap value jumped as quantity and income in DEX platforms rose. Immutable X (IMX) did nicely after the launch of...

Bitcoin follows the US greenback’s response after the Fed’s choice.

by cryptostandard
February 3, 2023
0

Bitcoin strikes in a good correlation with the US greenback Buyers are uncertain what to make of the Fed’s choice...

Crypto Gaming Arcade, Metacade, Has Potential to 10X in 2023! Right here’s What You Have to Know

by cryptostandard
February 2, 2023
0

Traders looking for potential positive factors in 2023 have been wowed by the information that Metacade’s preliminary presale phases have...

Well being examine forward of Shanghai improve in subsequent month

by cryptostandard
February 2, 2023
0

Key Takeaways Ethereum’s Shanghai improve is slated for March, when all staked ETH shall be launched and turn out to...

Load More
Next Post

Berlin pronounces a number of restitution agreements with Namibia, Cameroon and Nigeria

Activists glue themselves to portray in Glasgow museum to protest artwork world's fossil gas use

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
#
#
  • Trending
  • Comments
  • Latest

After approving a crypto mining website, an environmental group has filed a lawsuit in opposition to New York

January 16, 2023

Over 60% of US dad and mom need faculties to show about cryptocurrency

August 24, 2022

Why Crypto Software program Firm ConsenSys Is Sacking Practically 100 Employees

January 19, 2023

Bitcoin miner Hut 8 registers sequential drop in Bitcoin manufacturing

January 6, 2023

CEX.IO Dealer’s Digest (December 2022)

January 9, 2023

ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over ‘Ridiculous’ CeFi

January 18, 2023

Russia’s Greatest Financial institution Set To Launch Its DeFi Platform By Could

February 4, 2023

Samsung Is Getting ready Its Personal Metaverse {Hardware} in Partnership With Google and Qualcomm – Metaverse Bitcoin Information

February 4, 2023

Indonesia To Launch Nationwide Crypto Alternate By June 2023

February 4, 2023

Layoff Spree Continues: Why This Crypto-Oriented Agency Is Dismissing Some Employees Quickly

February 4, 2023

What Instore For BTC, SOL, AVAX, and GMT Costs? Analyst Maps Subsequent Ranges

February 4, 2023

Tamadoge Hires New CEO Jon Bishop — Token Skyrockets Amid Heavy Shopping for Exercise

February 4, 2023
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,

Find the latest Bitcoin, Trending Crypto Updates, Altcoins, Blockchain, NFTs, Crypto Regulations, Interviews, Price Analysis, and more at Crypto Standard

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.