• 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

2 years 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.

chest

Other news

Bitcoin ETFs See Major Inflows After Nearly a Month

chest

Bitcoin ETFs have recorded their first major net inflow in almost a month, attracting a total of $859 million in capital yesterday.

user avatarEmily Carter

SBF's Appeal Rejected by Second Circuit Court

chest

Sam Bankman-Fried's appeal for a new trial in the FTX fraud case was denied by the Second US Circuit Court of Appeals, upholding his convictions and limiting his legal options.

user avatarTomas Novak

DeFi Sector Achieves Record $175 Million Fundraising

chest

In a groundbreaking move for the decentralized finance (DeFi) sector, a total of $175 million has been raised in a funding round led by Paradigm, a16zcrypto, and RibbitCapital.

user avatarKaterina Papadopoulou

XRPL Fee Data Highlights Network Activity

chest

Recent fee data indicates a drop in daily network fees on the XRP Ledger, sparking discussions about network activity and demand.

user avatarMaya Lundqvist

Governance Takeover Exploit Drains $158 Million from Token of Power Protocol

chest

A governance exploit against the Token of Power protocol resulted in a loss of approximately $158 million in WETH.

user avatarLeo van der Veen

Ripple Introduces XRPL AI Starter Kit to Enhance Agentic Payments

chest

Ripple has launched the XRPL AI Starter Kit, a developer toolkit designed to help software agents make payments using XRP and Ripple USD.

user avatarLi Weicheng

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.