Uniswap (UNI) token has returned to the spotlight after Standard Chartered initiated coverage of the decentralised exchange token with a long-term price target of $100 by 2030. The bank’s forecast immediately grabbed the market’s attention, helping UNI surge 13.8% in 24 hours to $2.99 and outperform the broader cryptocurrency market. The move was accompanied by a sharp increase in trading activity, with the daily trading volume climbing to more than $404 million, while UNI briefly touched $3.01 before pulling back slightly. Why Standard Chartered sees major upside for UNI token The Standard Chartered forecast was issued by Geoffrey Kendrick, Head of Digital Assets Research at the bank.
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