Uniswap (UNI) Price Prediction

Read our Advertiser Disclosure.
Contributor, Benzinga
October 5, 2021

Decided you want in on the action? You can buy Uniswap (UNI) on Coinbase and eToro.

As one of the first decentralized finance (DeFi) apps on the Ethereum platform, Uniswap is an automated market maker (AMM) that keeps automated token trading open to anyone with tokens while offering more efficiency and better liquidity than many centralized exchanges. 

Disclosure: ²Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards. ³Crypto rewards is an optional Coinbase offer. Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and can vary by region. Customers will be able to see the latest applicable rates directly within their accounts.

What Is Uniswap?

Uniswap is an automated liquidity protocol used for trading ERC-20 tokens on Ethereum. Each liquidity pool is defined by a smart contract with a few functions that enable the trading of crypto.

UNI is Uniswap’s governance token. It gives holders the privilege of voting on protocol changes. Users of Uniswap can also become liquidity pool providers which allows them to receive rewards while helping to enable peer-to-peer trading.

UNI Market Position

Uniswap ranks 11 on CoinMarketCap with a price of around $25 and a market capitalization of over $15 billion. The fully diluted market cap is over $25 billion, so there is a lot of growth potential here.

Why should you care about market cap? Because it is key in determining the value of a coin or token. Market cap represents the total value of all the coins that have been already mined and it’s calculated by multiplying the total number of tokens in circulation by the current value of each token. A fully diluted market cap is the value of the total supply of tokens multiplied by the price per token.

You should care about this when you’re considering investing because coins with a market cap of $10 billion or higher are considered less volatile. Coins with a market cap between $1 and $10 billion are more volatile but also have more potential for growth.

Josh Enomoto’s Bull Case for Uniswap

Former Sony Electronics business analyst Josh Enomoto lists UNI as one of his altcoins to keep an eye on. 

Enomoto feels that Uniswap’s focus on automated trading through DeFi applications, along with relatively stable volume trends, indicates that “additional support could boost UNI to fresh plateaus.”

Robert Kiyosaki’s Bear Case for Uniswap

While Uniswap is one of the most popular decentralized exchanges out there, there are still those who worry that the market as a whole is heading for a crash. Financial expert and author Robert Kiyosaki has warned his followers to be ready for “the biggest crash in history.” 

Kiyosaki tells his fans to stock up on gold, silver, Bitcoin and Ethereum before the crash hits. He is also concerned that China’s ban could be mirrored in the United States, causing Bitcoin to become outlawed. 

It’s true that this advice isn’t specific to Uniswap, however. What affects Bitcoin tends to have a trickle-down effect on altcoins. If one cryptocurrency is outlawed, it stands to reason that the rest will be, too. That being said, it isn’t an easy thing to try to outlaw cryptocurrency. If a crash occurs, it may be more of an opportunity than a hardship.

Where to Buy UNI

You can purchase Uniswap tokens on several exchanges including Coinbase and eToro. Coinbase is the largest exchange in the U.S. It’s perfect for beginners but also offers plenty of features for those more experienced in the crypto world. Coinbase is considered extremely safe and secure.

eToro is another great option, and it has a unique feature called CopyTrader. This allows you to follow popular traders and mirror their trades in real time.

  • securely through Coinbase's website
    securely through Coinbase's website
    Best For:
    Coinbase Learn
    Read Review
  • securely through eToro's website
    securely through eToro's website
    Best For:
    Demo Accounts
    Read Review

    This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) and USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections and not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

  • securely through Voyager's website
    securely through Voyager's website
    Best For:
    Mobile Traders
    Read Review

    *Other fees may apply.

How Long Will it Take for UNI to Reach $100?

While the decentralized exchange (DEX) originally opened in 2018 with its 1st version, it was 2 more years before UNI was launched at a price of $3. The price has risen (and dropped) quickly since then and many experts feel it could reach $100 within 6 years. Because predicting prices is difficult, there are variations in what experts anticipate for Uniswap.

Some experts predict that UNI will go beyond $100 by 2025. Others believe it will average $100 by the end of 2023. Whatever price prediction you want to go with, the consensus is that Uniswap is going up. All you have to do is hold it and wait.

Where to Store UNI Safely

Most people who are “in the know” recommend storing your cryptocurrencies in a wallet, not on an exchange, unless you’re going to be trading or making other transactions. This is because crypto is safer in a wallet, particularly wallets that are not connected to the internet. Exchanges are always online, and as such, can be hacked or experience glitches and shutdowns that affect your ability to access your crypto. 

You can choose between hardware wallets or software wallets. Often people use both. Here are 2 of the best options available.

Best For
  • Crypto enthusiasts
securely through Trezor's website

Best hardware wallet: Trezor 

Trezor supports over 1,700 coins and tokens. Both the Trezor One and the Trezor Model T support Uniswap so you can choose whichever one best suits your needs. 

Trezor Model T is the premium choice with its full-color touch screen and a few other nice features, but both are secure and offer premium support. 

Best For
  • Web3 Security
securely through Zengo's website

Best software wallet: ZenGo 

ZenGo is a uniquely secure software wallet in that it is keyless. This doesn’t mean that just anyone can access your wallet, however. Instead, it means that you access your wallet through facial biometrics. 

It can’t get much more secure than that!


Bonus Section:

The SEC has been taking a closer look at Uniswap, as well as many other DEXs, so keep an eye on how this develops.

Current Crypto Prices

Cryptocurrency prices are volatile and change constantly. Even the most bullish crypto will have its ups and downs. It’s important to be aware of this so you don’t panic when there is a dip. Checkout real time prices of top cryptocurrencies in our table below.

So, Is Uniswap a Good Investment?

Uniswap has an excellent reputation and most experts seem to agree that it is a good investment. How good it is, you must decide for yourself. Remember to research any investment thoroughly and never invest more than you can afford to lose.

The Crypto Rocketship: Weekly Newsletter
  • Exclusive Crypto Airdrops
  • Altcoin of the Week
  • Insider Interviews
  • News & Show Highlights
  • Completely FREE