Uniswap 57% price crash marks ‘DeFi depression’ for SUSHI, CRV, UNI
Cointelegraph
Published Sep 23, 2020 11:54AM ET
Updated Sep 23, 2020 03:00PM ET
In the previous weeks, the majority of the cryptocurrencies have seen a massive crash. Losses of 50-80% have been witnessed in the markets, particularly affecting the DeFi space.
The major losers in the previous weeks were Curve DAO Token (CRV) and SushiSwap (SUSHI). Next to that, one of the biggest decentralized exchanges UniSwap (UNI) has also seen a substantial correction. Its token UNI dropped by 57% since its recent high at $8.65.
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Written By: Cointelegraph
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