Ethereum Killer? This Meme Coin’s Market Cap Could Flip UNI & LINK in Weeks
The post Ethereum Killer? This Meme Coin’s Market Cap Could Flip UNI & LINK in Weeks appeared on BitcoinEthereumNews.com.
UNI and LINK holders, take note — a low-cap meme coin is charging ahead, and it’s not slowing down. With whale accumulation surging and trading volumes skyrocketing, this hidden gem is on track to flip some of the biggest DeFi giants in market cap within weeks. Meet BeerBear ($BEAR) — the meme coin that traders and whales alike are calling the next big thing. UNI’s DeFi Dominance Under Threat Uniswap (UNI) has long been the kingpin of decentralized exchanges, riding high on its liquidity pools and automated market-making protocols. But what happens when traders start looking for something fresh, something that promises higher returns in less time? Source: CoinMarketCap The UNI price chart reveals a clear bearish pattern over the past month. The asset experienced a prolonged period at higher levels, but it has been unable to maintain that strength. The consistent lower highs and significant price declines indicate that selling pressure dominates. Although brief recoveries have occurred, they lack volume and momentum, making them unsustainable. Currently, UNI is trading at a lower range compared to its recent highs, with no significant upward catalysts in sight. The lack of buying interest and overall weakness in trend suggest that any rallies will likely be short-lived. There are no clear signals for reversal, and further declines remain a possibility. Without a change in fundamentals or market sentiment, UNI’s price recovery seems unlikely in the short term. LINK’s Slowing Adoption Puts It Behind the Meme Coin Trend Chainlink (LINK) once commanded attention as the go-to oracle solution for feeding real-world data into smart contracts. But let’s face it — DeFi innovations alone aren’t enough to deliver the 100x returns speculators crave. Source: CoinMarketCap The LINK price chart displays a pattern consistent with bearish exhaustion. After reaching significant highs, the asset failed to maintain…
Filed under: News - @ February 2, 2025 10:08 am