UniBot offers a free web app and telegram bot for crypto trading. The platform simplifies the Uniswap decentralized exchange. The ecosystem is powered by the UNIBOT token.
Amidst the concerns over a security breach that has caused users to lose over half a million worth of meme coins and the platform’s announcement about the termination of their collaboration with the Solana group, the tokens’s price sank yesterday by over 40% before showing signs of recovery.
This article is your go-to guide for understanding the UniBot platform and its native utility token. I will discuss the key features of the project and the economics of the token. I will also assess its past performance and give you our expert future price forecasts. In the end, I will also tell you where and how you can buy them. Let’s dive into it without any further ado.
UniBot Key Features
| Convenience | UniBot allows users to buy and sell tokens on Uniswap V3 directly from the Telegram apps. This will enable users to execute trades without leaving the app |
| Token | Holders of UniBot tokens get benefits like reduced platform fees, access to faster nodes and advanced algorithms, and the option of private transactions. |
| Special Tools | UniBot has tools that offer fast buying and selling, mirror wallet trades, get information about new token launches, and manage and analyze wallets. |
UniBot (UNIBOT) Tokenomics
There are only 1 million total Unibot tokens in the chain and that is also its maximum limit. All of the tokens are already in circulation. Unibot was launched in May 2023 on the Ethereum mainnet with a token burn rate of 0.1%.
UniBot (UNIBOT) Past Performance
UNIBOT started trading at $17.5 in June 2023. The token price rallied immediately and hit an all-time high of $236.43 in August 2023. It was followed by a sharp correction.
Though the token showed signs of maturation in the following months, the token fell off a cliff yesterday. The UniBot price came down from $75 to $34 in a matter of a few hours.
While I am writing these lines, UniBot is trading for $44.97, over 40% down from yesterday.
The token’s market capitalization now stands at 44.7 million. At $67.2 million, the 24-hour trading volume is a whopping 1100 percent up from yesterday.
UniBot (UNIBOT) Price Prediction
Technical indicators suggest that the market sentiment is Bearish about UNIBOT although the Fear & Greed Index is still at 81, signaling extreme greed. Unibot stayed 29 (97%) out of the last 30 days in the green territory with negligible price volatility, until its prices crashed yesterday.
As per the forecasts from our quants, Unibot price is expected to go up by 30.19% and hit $ 0.031 by next week. Below, you can find the long-term price predictions of UNIBOT.
| Year | Minimum price | Average price | Maximum price |
| 2024 | $98.36 | $102.05 | $118.07 |
| 2025 | $149.03 | $154.14 | $171.74 |
| 2026 | $215.63 | $221.79 | $262.46 |
| 2027 | $310.27 | $319.14 | $375.25 |
| 2028 | $434.35 | $450.31 | $533.68 |
| 2029 | $606.87 | $629.39 | $749.86 |
| 2030 | $891.93 | $923.40 | $1,052 |
Where to Buy UniBot (UNIBOT)?
You can buy the UniBot tokens from the following places.
How to Buy UniBot (UNIBOT)?
Follow these steps to buy UNIBOT from Gate.io.
- First, create an account with Gate.io, or log in to your existing Gate.io account, if you already have one.
- Now, go ahead and complete the KYC and security verification.
- Choose your preferred method to buy UNIBOT. You can either buy the tokens at the market price (spot trading) or preset a buy price for a currency pair.
- Navigate to the trading section and hit ‘buy crypto’. Choose UNIBOT, click ‘buy’, and click ‘confirm’.
- Your UniBot tokens will appear on your Gate.io wallet.
Conclusion
UniBot offers an easy and convenient way for traders to buy and sell crypto assets on Uniswap. The platform also offers some other nifty little tools that make trading on DEXs a little less complicated. Although the native token of the platform crashed yesterday, considering the one-time-incident nature of the phenomenon and the tailwinds from the ongoing bull market, UNIBOT still holds great promise.
However, it is still worth mentioning that cryptocurrencies are extremely volatile and are susceptible to market conditions. The reader is encouraged to do their research before committing any money to such risky investments. As always, never invest with borrowed money.
