Cross Angle, a cryptocurrency data provider, explained in a report that tokens that initially gained traction on Uniswap had yielded a 208% return on average consistently once they get listed by a major exchange.
Before now, there have been a lot of talks about the effect of major crypto exchange, especially Binance and Coinbase. Tokens listed on these exchanges witness a rapid growth once recorded. However, presently it's a combination that brings results.
After studying some tokens listed on some major centralized exchange after being recorded by uniswap, a Uniswap - CEXs relationship was observed. Experts concluded that top tokens listed on Uniswap before finding its way to CEXs experience an average return of 208% and increase price, volume, and wallet count.
According to the cross angle, the top winner is "reserved rights," a stablecoin that experienced over 700% increase. Uniswap has officially released its token, with several users immediately signing up to receive their free UNIs.
Source: Cointelegraph
