UNI Rises 48% to $8.87 After SEC Opens Door to Tokenized Stocks
- —UNI rose 47.85% to $8.87 in less than two days
- —Nearest resistance is $9.00 and $9.20, with support at $7.80
- —The SEC exemption lasts 5 years and does not directly approve Uniswap
- —CoinCodex's one-month forecast is $10.79
Why it matters: Regulatory recognition of the AMM model could give Uniswap a new use case, but it does not guarantee a rise in the value of the UNI token.
Source: CoinCodex