UNI, the native token of Uniswap, experienced a sudden 10% drop in value on September 14, briefly trading at $9.54. This sharp decline brought UNI's market capitalization down to $9.847 billion. The incident underscores the inherent volatility in cryptocurrency markets, where rapid price movements are not uncommon.
UNI Drops 10% in Flash Crash, Hits $9.54
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.