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According to a study, there is a growing belief among traders and analysts that they will not be able to replicate their performance with DeFi tokens during the 2021 bull cycle.
From UNI to PEPE: A Journey
The study indicates that there is evidence of this in the past as well. On April 30, another significant event occurred. A cryptocurrency whale sold all his Uniswap (UNI) tokens. Right after this sale, the whale purchased 329.3 billion Pepe (PEPE) tokens and withdrew them from Binance.
It is also worth noting that during the time the whale held UNI, he made a profit of 7 million dollars. However, considering that the expected bull run for altcoins did not occur, it would not be wrong to say that the whale’s move away from UNI paralleled a decrease in confidence in altcoins.
PEPE and UNI Comparison
On the other hand, this whale’s accumulation of PEPE indicates a long-term bullish expectation for meme coins. However, this decision may not have been a big surprise for analysts following PEPE.
When examining the price performance of both tokens, this situation justified PEPE investors. As of the time of writing, PEPE’s year-to-date (YTD) performance showed an increase of 420%.

On the other hand, an examination on the UNI side revealed that it has been trading at almost the same price since the beginning of the year. Despite the emerging data, the market value of DeFi tokens reached 104.48 billion dollars. On the meme coin side, this value was at 49.50 billion dollars.
Moreover, this difference, due to the more robust growth of meme coins last year, seems to present an unclear picture. Additionally, when examining the number of investors, UNI appears to have more investors.
The number of investors in PEPE is calculated to be 211,000, while for UNI, it is 381,000. However, numerical analyses, including market value, seem to not clearly show the situation.

PEPE and UNI Price Analysis
As of the time of writing, the price of PEPE, following a 6.57% decline linked to the drop in Bitcoin, was trading at $0.000006647.
During this period, the market cap of PEPE decreased to 2.8 billion dollars while the 24-hour trading volume increased by 29% to 833 million dollars. This was interpreted as investors possibly engaging in short selling.
On the other hand, UNI experienced a drop of over 7%, trading at $7.11. This price reflected in the market cap, which decreased to 4.255 billion dollars, while the 24-hour trading volume decreased by 35% to 127 million dollars.
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,您还可以在 COINTURK NEWS 上阅读此新闻： DeFi 市场动态的转变 根据一项研究，交易员和分析师越来越相信，他们将无法在 2021 年牛市周期中使用 DeFi 代币复制其表现。来自 UNI到 PEPE：一段旅程 该研究表明，过去也有证据表明这一点。 4月30日，又发生了一件大事。一名加密货币鲸鱼卖掉了他所有的 Uniswap (UNI) 代币。此次出售后，鲸鱼购买了 3293 亿个 Pepe（PEPE）代币，并将其从币安提现。 另外值得注意的是，鲸鱼持有 UNI 期间，获利 700 万美元。然而，考虑到山寨币预期的牛市并没有发生，可以说鲸鱼远离 UNI 与山寨币信心下降并行。 PEPE 和 UNI 比较 另一方面，这头鲸鱼积累 PEPE 表明对 meme 币的长期看涨预期。然而，对于关注 PEPE 的分析师来说，这一决定可能并不令人意外。在考察这两种代币的价格表现时，这种情况证明了 PEPE 投资者的合理性。截至撰写本文时，PEPE 的年初至今 (YTD) 业绩增长了 420%。 另一方面，UNI 方面的检查显示，自年初以来，其交易价格几乎相同。那一年。尽管数据不断涌现，但 DeFi 代币的市值仍达到 1044.8 亿美元。在 meme 币方面，这一价值为 495 亿美元。而且，由于去年 meme 币的增长更为强劲，这一差异似乎呈现出一幅模糊的景象。另外，从投资者数量来看，UNI的投资者数量似乎更多。PEPE的投资者数量经计算为211,000人，而UNI的投资者数量为381,000人。然而，包括市场价值在内的数值分析似乎并没有清楚地表明这一情况。 PEPE 和 UNI 价格分析 截至撰写本文时，PEPE 的价格在因比特币下跌而下跌 6.57% 后，交易价格为 0.000006647 美元。在此期间，PEPE的市值下降至28亿美元，而24小时交易量则增长29%至8.33亿美元。这被解读为投资者可能进行卖空。 另一方面，UNI 跌幅超过 7%，交易价为 7.11 美元。这一价格反映在市值上，市值下降至 42.55 亿美元，而 24 小时交易量下降 35% 至 1.27 亿美元。