The crypto bull market of last week has been somewhat nervous, because of a major downtrend, from 49k till 38500. UMA skyrocketed though. There was some great news of a solution for lending protocols that can save lenders of money 10s of millions during a year.
While all crypto went down hard, some more then bitcoin itzelf, UMA went up 21% on some days. Then it fell back a little bit bit remain much hgher then the 2 usd it was sitting on for months. UMA tripled in value in just a few days.
The graph looks good for UMA. It might reach 10USD soon. From there we will watch it if it is ready for the moon.
While all crypto went down hard, some more then bitcoin itzelf, UMA went up 21% on some days. Then it fell back a little bit bit remain much hgher then the 2 usd it was sitting on for months. UMA tripled in value in just a few days.
The graph looks good for UMA. It might reach 10USD soon. From there we will watch it if it is ready for the moon.