Uniswap Airdrop Value Hits $13K For Users That Didn’t Sell Early

The Uniswap Airdrop value hits $13,000 for all of the users that didn’t sell early and got them free for being among the earliest users on the platform so let’s read some more in our latest altcoin news today.

The Unicorn logo of Uniswap represents a startup with explosive growth which propels it to more than $1 billion in value, since less than a year, the total UNI market cap is more than $17 billion, and the Defi swapping platform doest more than the $1 billion every day in trading volume. The powerful growth is worthy of the crypto version of Unicorn status and when it was initially launched, anyone that used the platform early was handed with a version of a “stimulus check.” Early Uniswap users were awarded 400 UNI tokens which were worth $3 per token but the same tokens today, feel a lot more like a lottery. At one point, Uni dipped to a value of around $800 for anyone that is holding 400 free tokens before the Uniswap airdrop but for those that held it since earned more than ten times the initial value to show for their efforts.

From the average of $1,200 and the 400 tokens, the same free UNI is valued at over $12,000. The price increase took place across less than six months or 160 days showing that a little patience pays off. Investors that have a lack of information and sold early thinking they got $1200 of free crypto, are regretting now as the price per token grew so high In a short time and missed out on more than $10,000 in profits. Selling the token could result in the same type of regret in the DeFi platform if it goes on with the same trajectory that it was going since the day it was launched. The cost per UNI follows the same path higher with the brand making sure that the early users are a part of the platform’s success.

As reported recently, PancakeSwap is now the biggest decentralized exchange by trading volume according to the data from Coingecko. The project was launched on the Binance Smart Chain in 2020 but a few paid attention to it at the time. The last day saw more than $1.7 billion traded on Pancakeswap while Uniswap saw over $1.6 billion exchange hands. The latter was based on ETH and the fees alone for the miners as per the ETH Gas station.