Coins Like PEPE and WOJAK Helped Uniswap!

PEPEAnd WOJAKformed in new memecoins like FOMO, Uniswap doubled its fee revenues.

In the crypto industry, there is a rush every period. Many categories such as Metaverse, NFT, Web3, DeFi, and memecoins are trending from time to time. Crypto investors caught in FOMO are trying to catch up with whatever the hype is at the moment.

The new trend of recent times PEPEAnd WOJAK Memecoins like memecoins have also boosted Uniswap’s network activities, thanks to the thousands of new investors they’ve attracted. Uniswap, specifically April 19He earned a record-breaking fee in .

Mobility on the Uniswap Platform

Decentralized stock market Uniswap , the new trend of recent times has turned the interaction in coins such as PEPE and WOJAK to its advantage. The number of daily active users on Uniswap managed to exceed 85,000 for the first time after May 2021. defecationAveraged over the last 24 hours, according to 237 thousand people used Uniswap.

In addition, Uniswap transaction frequency, which has increased with the effect of the latest memecoin frenzy, has also increased the ETH transaction fee to ceiling levels. Especially on April 18, the transaction fees were seen to be 100 gwei due to the extremely congested network activity.

According to data from Etherscan, Uniswap’s fee revenues for the last three days are at record levels. The platform, which earned 1,090 ETH on April 18, earned 1,741 ETH on April 19. Yesterday’s earnings on the platform were 1,534 ETH.

WuBlockchain attributed this momentum to Uniswap, the most active decentralized exchange on the Ethereum network, to the new trend of green meme coins. Especially PEPE, in a short time 100 million dollarsIt had a global bombing effect by exceeding its market value.