Uniswap

A reader left a comment after a September 22 article on PONS — investment versus speculation, and a look back at UNI: “Since UNI’s true value is supposedly far above its price, from an investment standpoint why not just dollar-cost-average into UNI?” In that piece I did not claim UNI’s true value is far above its price. I only said that, compared with UNI’s price and fundamentals back in 2021, today its price is far below then while its fundamentals are far better. ...

Overnight, Bitcoin experienced slight fluctuations around $30,000, while UNI steadily rose and is now close to $6. During the Sunday private board meeting, a member asked about the comparison between Uniswap (UNI) and Arbitrum (ARB). Both projects are undoubtedly of high quality, otherwise, the comparative analysis would be meaningless. ...