UMA – Time To Buy Crypto

Is it a good time to buy UMA right now?

Current Price: $2.18

Average Daily Volume

UMA is currently ranked number 224 worldwide with a daily trading volume of $9,380,688.00, which it will make it not so easy for you to sell your holdings of UMA.

Rating: 4/5

Market Cap

UMA has a total market cap of $151,063,319.00.

Rating: 5/5

Community

UMA has 65,819 total followers in all its social media accounts.

Rating: 5/5

All Time High

UMA is currently -94.75% from its highest price $41.56 on 2021-02-04.

Rating: 5/5

Price Potential

The UMA price has the potential to increase to $1,063.04 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in UMA right now.

Overall rating: 5/5

How to buy UMA today?

Do you think it's a good time to buy Bitcoin right now?

What Is UMA?

UMA is a decentralized financial contracts platform built to enable Universal Market Access.

UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data.

The UMA project token powers the system in two ways:

Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades.

Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM.

UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.

To top