Uniswap and Bitcoin: A tale of FOMO amidst market corrections

stirred up Fear of Missing Out on the 10th of June, suggesting a potential correction. This correction has already begun, but might not be solely due to FOMO.saw a spike in its social dominance on the 10th of June. The data indicated that UNI was the most notable among assets experiencing an increase on that day.

Although Bitcoin maintained a higher social dominance than UNI, its trend appeared relatively normal. As of this writing, BTC’s social dominance is around 23%, while UNI’s is around 0.5%.daily price showed an increase of 5% on the 10th of June, from around $9.80 to $10.30. However, this gain and more have since been wiped out.The decline has pushed Uniswap into a bear trend. Its Relative Strength Index showed that it is currently below the neutral line.showed that it has declined by 0.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlockDAG presale amasses $30M amid Retik Finance Uniswap listingBlockDAG's strategic initiatives and community-focused events are setting a new standard in the cryptocurrency sector.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Goldman’s Rubner Sees FOMO in the Market Ahead of Key Inflation Data(Bloomberg) -- US stocks and bonds are facing an upside risk this week as traders keep building long positions across asset classes heading into key...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Goldman’s Rubner Sees FOMO in the Market Ahead of Key Inflation DataUS stocks and bonds are facing an upside risk this week as traders keep building long positions across asset classes heading into key inflation data, according to Goldman Sachs Group Inc.
Source: BNNBloomberg - 🏆 83. / 50 Read more »