Uniswap Price Prediction: Could UNI crash as founder faces backlash for introducing new swap fees?

Uniswap founder Hayden Adams stated that starting October 17, a 0.15% swap fee will be charged. While Adams noted that the fees are only applicable on certain tokens, it included stable pairs, which make up 85% of the trading volume. Uniswap price stands far below the 50-day EMA, reclaiming which is crucial for recovery. rse, the community did not seem to be on board with the protocol’s founder’s new swap fees idea.

Some, such as Ari Paul, founder of Blocktower Capital, commended Uniswap’s move, saying, “It’s ofc beyond reasonable to charge a fee for front end or extra features separate from protocol. Amusing to me you even have to explain this, but smart communications.” However, others did not seem to be on board with people saying, Not sure I see the value for the users or the holders. Sounds like a new tax to me. Just how to extract more money from the users to the team.

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