The token, which was airdropped to past Uniswap users in batches of 400 per wallet without warning yesterday, has defied predictions that the market would crash from its initial pricing of $3 as the 75,235 users who have claimed so far raced to dump their free coins. Instead UNI has establishing a trading range of between $2.60 and $3.80 over the past 12 hours.
UNI, the governance token of the decentralized exchange (DEX) Uniswap, has emerged from its first 24-hours of trading as a top-65 ranked crypto asset by market cap.
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