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

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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.

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