Altcoin Surge Lifts Uniswap 24% and FXGuys to New ATH After Election Results

The post Altcoin Surge Lifts Uniswap 24% and FXGuys to New ATH After Election Results appeared on BitcoinEthereumNews.com.

In the wake of the recent US presidential election results, decentralized finance (DeFi) tokens, are experiencing a significant surge. Traders expect the Donald Trump administration to strengthen the investment appeal of holding utility tokens. Leading the charge, altcoins such as Uniswap (UNI) have seen a remarkable 24% monthly increase, while FXGuys ($FXG) braces for a new all-time high (ATH).  Following a sharp daily uptick, Uniswap recorded a local price high of $9.58 this week. The FX Guys offers exceptional customer support, trading guides, voting rights, and other exciting features. FXGuys is quickly becoming a top blockchain and trading token for new and experienced crypto investors. This article explores the performance trajectory of these two select altcoins after the US election results. >>>BUY $FXG TOKENS HERE<<<< Uniswap (UNI) Surges Amid Regulatory Optimism Following US Election Donald Trump secured the US presidency on Nov. 6, defeating Vice President Kamala Harris. UNI then saw a daily increase of over 35% to an all-time high of $9.58 in three months. Charlie Sherry, head of finance and cryptocurrency analyst at BTC Markets, commented that DeFi tokens were previously seen as “useless governance tokens” due to fears of enforcement action from the SEC, exemplified by the probe into Uniswap Labs. Trump’s victory could lead to the resignation of SEC Chair Gary Gensler, sparking “regulatory optimism” in the market. Sherry said this is how much markets anticipate a friendlier environment for DeFi projects. Interestingly, Sherry noted how Uniswap’s new layer 2 Unichain transforms this altcoin from a UNI governance token into a utility asset, thereby expanding its investment appeal. FX Guys ($FXG) Presale Soars with 132 Million Token Sales and Promising Features FXGuys’ cryptocurrency ICO has sold nearly 132 million tokens in three phases, including the seed and private rounds. The $FXG token initially sold for 0.01…