Sirwin
Sirwin

What Happens To DeFi Today? (18 Dec 2022, Sunday)


"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

Here are the news for you today.

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CHAINLINK (LINK)

Current Price: $ 5.96 (24h Changes: -3.62 %)

Current Market Cap: $ 2,932,699,469 (24h Changes: -3.99 %)

Neutral News

Chainlink (LINK) Price Prediction 2025-2030: Will LINK cross $100 before 2025?

Source: AMBCrypto

Date: Sat, 17 Dec 2022 08:15:29

LINK, the native token of Chainlink, went down almost 4% over the past 24 hours. Data from CoinMarketCap showed that the token's price is not the only metric that has gone down.

Chainlink price analysis: LINK finds support at $5.88 after a flash crash

Source: Cryptopolitan

Date: Sat, 17 Dec 2022 02:26:17

According to the Chainlink price analysis, the coin saw a wild plunge yesterday until finding support at $5.88 today. Yesterday, the price of LINK significantly dropped from $6.45 to $5.88.

 

UNISWAP (UNI)

Current Price: $ 5.34 (24h Changes: -3.33 %)

Current Market Cap: $ 4,024,135,291 (24h Changes: -3.32 %)

Positive News

Uniswap Wavers In A Range As Bulls Challenge Resistance At $6.50

Source: Coin Idol

Date: Sat, 17 Dec 2022 08:21:00

Uniswap (UNI) price is moving within a small range between $5.00 and $6.50.

Neutral News

Uniswap price analysis: Bearish trend building up as UNI battles with resistance at $5.62

Source: Cryptopolitan

Date: Sat, 17 Dec 2022 09:05:00

Uniswap price analysis indicates its current price action is indicative of a bearish trend that is slowly but surely building up. After breaking down from the ascending triangle pattern in mid-week, UNI has been consistently trading below the $5.62 mark after the massive rejection.

Negative News

Uniswap Stuck In The Ground As UNI Copes With Falling Network Activity

Source: NewsBTC

Date: Sat, 17 Dec 2022 09:28:02

According to Santiment, the decentralized exchange Uniswap has not experienced any kind of recovery. Santiment recently tweeted that Uniswap is one of the outliers in the active addresses measure, indicating that the DEX's native token UNI is underperforming relative to other cryptocurrencies.

 

AAVE (AAVE)

Current Price: $ 54.69 (24h Changes: -4.97 %)

Current Market Cap: $ 777,458,009 (24h Changes: -5.08 %)

Negative News

Aave price analysis: AAVE falls to $54.94 after a bearish takeover

Source: Cryptopolitan

Date: Sat, 17 Dec 2022 10:33:55

Today's Aave price analysis reveals that prices are on a prevailing downtrend that has been seen since yesterday's market rally. The 5.50 percent drop in prices has decreased AAVE to $54.94 from the intraday high of $58.15.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


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