My Learnlist: Coming Soon!
My Learnlist: Coming Soon!

Learn by real-life examples: Select, Track & Understand any cryptos with the unique Learnlist feature!

Notify Me!
Portfolio: Coming Soon!
Portfolio: Coming Soon!

Set your wallet & get powerful insights backed by data. Easily learn how to use it for your highest rewards!

Notify Me!

UMA Token Surges by 10% After Partnership with DappBack

UMA Token Surges by 10% After Partnership with DappBack

UMA protocol’s native token has seen immense growth following the collaboration with the dApp development platform.

On March 1st, UMA announced that they have partnered with DappBack which rewards users for participating in the development of Web3. This allows users to earn UMA tokens for completing even the most basic tasks like visiting websites and reading articles.

Right after the announcement, based on the statistics by CoinGecko, the UMA token pretty much doubled its initial price, reaching $11.52. However, it steadily went back to the $8 mark by March 3rd but sprung back up to $10 the same day.

What is a Cryptocurrency: For Beginners (Animated Explainer)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is a Cryptocurrency: For Beginners (Animated Explainer)

What is a Cryptocurrency: For Beginners (Animated Explainer) What is a Cryptocurrency: For Beginners (Animated Explainer)

Overall, the UMA token saw a price increase of almost 10% in the past 24 hours and grew by more than 97% over the last seven days.

The UMA protocol has been around since 2018, launched by ex-Goldman Sachs employees Hart Lambur and Allison Lu. It is an open-source network on the ETH blockchain that allows the development of DeFi products.

At the moment of writing this article, the UMA token sits at an average price of $9.70, with 65 million tokens currently in circulation.


Loading...

Watch a short Lighthouse course & get 2 FREE Avatar NFTs + win Spatial Metaverse Space!

Claim Your Rewards
Learnoverse Astra Learnoverse Astra
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating