The attention upon the decreased transaction fees as well as the interoperability of cross-chain has led to the unprecedented rally of Unifi, Dego, and Stafi that is in a 100% excess.
In addition to these reasons, the filing of CBOE with the Securities & Exchange Commission of the United States of America in order to list the exchange-traded fund of Bitcoin that is suggested by Van Eck, their asset manager.
In case BTC ETF manages to receive a green signal from the regulators, they will be able to increase the market sentiment along with the addition of new investors in the cryptocurrency sector.
Unifi On Bullish Run
The bull run that is usually strong results in excess pockets. At the time during 2017, the bull run of cryptocurrency, the preliminary coin offerings saw a bubble. Charlie Lee, the founder of Litecoin, thinks that the ongoing mania over the non-fungible tokens has similarities with the success story of ICO.
Unifi companies have recently gone live across all 6 blockchains of Unifi Protocol. This unique aspect of the farms reveals the offer of the no-stake farming stage within decentralized finance. This charges fewer fees for the network along with good offers from security since the token of liquidity remain in the users’ wallets.
Many investors were attracted to this project and they staked 500,000 tokens of Unifi that earned almost 40% of APR for their staking. The reward for this extraordinary support was that the farm increased the maximum staking by 45% for the next 48 hours in February.
The price of Unifi spiked from $16.50 of intra-day low on 23rd February to $44.39 of intra-day high on 1st March which indicated a 169% rally in 1 week.
