Uniswap (UNI) Pumps 6.2%—Dragging the Entire Crypto Index Along for the Ride

BTCC / BTCC Square / Coindesk /

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2025-05-29 13:09:41

DeFi’s favorite DEX token flexes its muscles as UNI outpaces the market. Traders cheer—while secretly wondering if this is just another dead-cat bounce in a bear market masquerading as innovation.

Who needs fundamentals when you’ve got momentum? The CoinDesk 20 rides UNI’s coattails upward, proving once again that crypto markets run on hopium and herd mentality. Just don’t ask what happens when the music stops.

9am CoinDesk 20 Update for 2025-05-29: full chart

Leaders: UNI (+6.2%) and NEAR (+5.7%).

Laggards: AAVE (+0.0%) and BTC (+1.2%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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