Unibot (UNIBOT) coin price is on fire due to a massive increase in its popularity among the crypto Telegram community. Unibot token is currently trading at its highest level since its launch, and it appears to be unstoppable. The latest analysis reveals that its trading volume is constantly increasing on crypto exchanges.
On Monday, altcoins are experiencing strong selling pressure as the BTC price is once again trading below $30,000. However, despite all the bearishness in the market, the UNIBOT coin is still up more than 25% in the last 24 hrs. At press time, UNIBOT is trading at $143.
What Is UNIBOT Token?
As the name suggests, Unibot is a Telegram bot for the decentralized exchange (DEX) Uniswap. The bot allows Telegram users to trade on the top DEX without having to leave the app. UNIBOT token is the native asset of the Unibot ecosystem, with a total supply of 1 million coins.
The holders of the coin are entitled to a portion of the platform revenues, which are calculated after every two hours. 40% of the transaction fees and 1% of the total trading volume are shared with the UNIBOT holders having at least 50 tokens. At the current Unibot coin price, this translates into around $7,500 worth of tokens.
UNIBOT Coin Price Prediction August 2023
Although the project was first launched in May 2017, its token was migrated to a new contract in June 2023. Since then, the price has been in a constant uptrend and now trading at its all-time high. The total market capitalization of the UNIBOT token has exceeded $140 million, which makes it a top 200 digital asset.
Unibot coin price prediction is looking very bullish as its trading volume is constantly increasing. More and more users are buying the coin due to the fear of missing out (FOMO). However, it must be noted that the cois is already trading at more than 1000 times above its listing price. At the current price, many early buyers must be thinking of selling.
In the meantime, I’ll keep posting my updated Unibot price analysis and upcoming 1000x gems on my Twitter, where you are welcome to follow me.
