Data suggests Uniswap is 36% overvalued and SushiSwap trades at a discount
An exchange token valuation methodology suggests that SUSHI trades at a 33% discount and that UNI price is 36% overvalued.
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Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM
Bitcoin price continues to encounter resistance at the $50,000 level, but the rounding bottom pattern seen in most altcoins is a signal that traders intend to push prices higher.
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours…
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