• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

DeFi Tokens Surge Post-US Election: Uniswap (UNI) and FXGuys ($FXG)

user avatar

by Giorgi Kostiuk

a year ago

The results of the recent US election have led to a significant rise in decentralized finance (DeFi) tokens, such as Uniswap and FXGuys.

Uniswap (UNI) Gains After Election

Following Donald Trump's victory in the US presidential election, the Uniswap (UNI) token rose by 35%, reaching a high of $9.58. Expert Charlie Sherry noted that Trump's win could lead to SEC Chair Gary Gensler's resignation, sparking 'regulatory optimism' in the market.

FXGuys ($FXG) Presale and Its Prospects

FXGuys conducted a successful ICO, selling nearly 132 million tokens across three rounds. The price of the $FXG token increased from 0.01 to 0.03 USD during the public presale. This initiative holds significant potential for further value increase in the future.

Conclusion

The current surge in altcoins like Uniswap and FXGuys highlights market optimism regarding the future regulation of cryptocurrencies in the US.

Regulatory optimism surrounding DeFi continues to support the rise of altcoins like Uniswap and FXGuys following the US election. These changes could positively impact the investment appeal of these tokens.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum's Derivatives Market Shows Signs of Change

chest

A recent analysis indicates a potential shift in Ethereum's market structure, with signs of buyer dominance emerging in the derivatives market.

user avatarNguyen Van Long

OCC Proposes Measures to Prevent Interest Payment Workarounds in Stablecoins

chest

The OCC has proposed new rules to address potential loopholes in the regulation of stablecoins, particularly concerning interest payments.

user avatarJesper Sørensen

OCC Proposes New Rules for Stablecoin Regulation

chest

The OCC has proposed a regulatory framework for stablecoins under the GENIUS Act, seeking public feedback to address potential loopholes and ensure effective regulations.

user avatarSatoshi Nakamura

Potential Tax Refunds and Interest Rate Cuts Could Impact Crypto Market

chest

Experts anticipate that tax refunds and potential interest rate cuts could provide relief to the struggling cryptocurrency market.

user avatarRajesh Kumar

Bitcoin Experiences Short-Term Rebound Amid Market Pressures

chest

Bitcoin has experienced a short-term rebound of approximately 7%, providing relief to a market that has been under persistent selling pressure.

user avatarLucas Weissmann

Bitcoin Adoption Surges Despite Price Drop

chest

Bitcoin adoption is experiencing historic growth among institutions and governments, even as its price has halved since its all-time high.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.