Will Uniswap [UNI] be a dark horse post-Bitcoin halving?

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If the recent action of a whale is anything to go by, Uniswap [UNI] could be set for a big rally in the coming weeks. According to

The project’s TVL increased, indicating that traders had recovered from the earlier FUD.The total tokens were 121,871, valued at $954,000. Withdrawing the tokens from the exchange implied that the participant does not plan to sell anytime soon.after the U.S. SEC publicly revealed that it might sue Uniswap Labs, the firm behind the development of the token.

However, in the last seven days, the value of the cryptocurrency has increased by 8.31% while changing hands at $7.81.A scenario like this suggests that it could be possible that DeFi tokens, not UNI alone, might jump.

 

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