UXLINK is a leading user-driven web3 social platform aimed at mass adoption, functioning as both a social DEX (Decentralized Exchange) and social infrastructure. It focuses on creating two-way, friend-type social relationships and enabling real-time interactions through various features and applications.
The UXLINK token serves multiple purposes within the UXLINK ecosystem, including paying for on-chain gas fees, staking for rewards, and governance. The platform implements a token burn mechanism, where a percentage of fees will be burned, potentially increasing the token's value over time due to reduced supply.
UXLINK has reached its all-time high of $3.78 on December 25, 2024, showing strong market interest and sentiment. With a current price around $1.835 and a 24-hour trading volume of $4.14 billion.
TECHNICAL OUTLOOK:
A significant volatility on December 25, 2024, with a notable decrease in price, dropping by 60%
$2 to $2.20 is now acting as the local resistance. If it doesn't break through, we might see it drop back to $1 or even down to .80 (breakout area)
The UXLINK token serves multiple purposes within the UXLINK ecosystem, including paying for on-chain gas fees, staking for rewards, and governance. The platform implements a token burn mechanism, where a percentage of fees will be burned, potentially increasing the token's value over time due to reduced supply.
UXLINK has reached its all-time high of $3.78 on December 25, 2024, showing strong market interest and sentiment. With a current price around $1.835 and a 24-hour trading volume of $4.14 billion.
TECHNICAL OUTLOOK:
A significant volatility on December 25, 2024, with a notable decrease in price, dropping by 60%
$2 to $2.20 is now acting as the local resistance. If it doesn't break through, we might see it drop back to $1 or even down to .80 (breakout area)
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.