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Uniswap, governance token for the Uniswap Platform.

avatar of @melbourneswest
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@melbourneswest
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Don't be put off Uniswaps logo it's a powerhouse of a token for a powerhouse of a platform.

What is Uniswap?

Let's start off by explaining what Uniswap is. Uniswap is a decentralised exchange on the Etherum network where you don't need to create or even register for an account. Whats that mean? It means the platform isn't run by a company but rather people who own the native token, uniswap.

The tokens are used to vote on and create change to the platform. The coin was initially distributed to anyone that used uniswap prior to the coins launch, netting users 400 uniswap.

The coin as seen significant increase in purchasing and is tipped to climb to $US15.

I first noticed the coin in Dec trading at $AUD5 but passed on the opportunity due to the high volume (1billion coins). I wish I hadn't as I would have doubled my money.

With not much room left to reach that $US15 I've decided to enter on a lower end and see how it goes. I'm a little concerned about its high volume but as it is a top 5 exchange I think alot of people will he agree this coin and the opportunity it provides may even see the coin continue to climb.

What are your thoughts? Are you in on the uniswap HODL or are you passing on the coin?

Do you think it will exceed $US15?

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