Uniswap
Why Uniswap is down 6.1% today
Analysis
Uniswap (UNI) fell 6.1% over the past 24 hours amid negative sentiment tied to a reported scam targeting Uniswap users. CryptoPotato reported that a fake Uniswap website drained crypto wallets, with scammers allegedly stealing about $400K, which can undermine user confidence and weigh on the token in the short term.
Contributing Factors (1)
Fake Uniswap Website Drains Crypto Wallets as Scammers Pocket $400K
Uniswap accounted for 41% of tracked malicious websites linked to crypto phishing campaigns uncovered by SEAL researchers in March.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.