Uniswap kicked its NFT pursuits into high gear through its new aggregator. UNI’s bullish prospects watered down as sell pressure mounted. Uniswap [UNI] has finally jumped on the NFT bandwagon. The DEX has announced the launch of a new NFT aggregator in its latest effort to secure a piece of the NFT market. Are your […]
1/ Uniswap launched an NFT aggregator to help you find the lowest prices across the most popular marketplaces.January 10, 2023
The Uniswap NFT aggregator aims to make it easier for NFT traders to compare prices. But more importantly, it offers a level of efficiency to counter the fragmented nature of the market. This means that users do not have to hop from one platform to another to find the best prices or offers.Though it was too early to say anything until press time, Uniswap’s NFT trades volumes may experience a surge after this announcement.
A look at its past performance revealed that the trade volumes of Uniswap’s NFTs have dipped considerably from their six-month highs. This reflected the overall drop seen in the NFT market over the last 12 months.However, despite the drop, the market still maintained a noteworthy amount of trading volume. The new NFT aggregator thus has the potential to boost NFT trades volumes in the next few months.after a healthy rally since the end of December 2022. It traded at $5.
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