Hello, this is Coinscript.

In today’s episode:

• ✍️ Uniswap is Launching it’s V4 Upgrade This Week

• 1️⃣ Crypto Whales Dominate $TRUMP and $MELANIA Holdings

• 2️⃣ Dogecoin ETF Filing: What You Need to Know

TOP STORY

Uniswap is Launching it’s V4 Upgrade This Week

First of all, what is Uniswap?

Uniswap is the largest decentralized exchange (DEX) in crypto, which means you can trade tokens without any middleman.

No banks, no brokers, just pure code running on Ethereum.

Like a digital vending machine, where you can swap one cryptocurrency for another, 24/7.

Why should you care about their new upgrade?

The last upgrade they did in 2021 (V3 upgrade) brought in more users and developers, which helped increase Uniswap’s trading volume.

We are keeping our fingers crossed that this upgrade will help send the $UNI price back to its all-time high (around $45).

What are the new upgrades coming in the V4 upgrade?

• Lightning-fast transactions

• Customizable “Hooks” for developers (enabling features like limit orders, fee management, etc)

• Enhanced integrations

• Optimized efficiency

But will these upgrades really help UNI’s price?

This year’s UNI price graph looks like a rollercoaster ride, with a series of erratic zig-zags.

And so far, Uniswap has not managed to generate the bullish momentum it needs.

However, the V4 upgrade could substantially benefit Uniswap and even a fraction of 2021’s success could help turn the currently volatile price into steady growth.

Until the launch happens, there is no way of making definitive predictions.

Like we said, fingers crossed!

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HONORABLE MENTIONS #1

Crypto Whales Dominate $TRUMP and $MELANIA Holdings

Crypto whales are holding 94% of the combined token share of $TRUMP and $MELANIA.

That is a massive red flag for anyone looking to jump in.

Why?

If a couple of the largest holders sell, the price plummets, and, boom, you now live on instant noodles.

Not the best position to be in.

And one of the largest whales holding the coins is? You guessed it! Trump family.

@TheCryptoLab made a good point:

For those who do not know what rug pulling is:

Rug pulling is a scam where developers of a project abruptly withdraw all liquidity or funds, leaving investors with worthless tokens.

And that can only happen if the developers own a majority or most of the tokens.

Oh, and it’s very illegal, so at least this gives us a bit of consolidation that the U.S. president probably wouldn’t do that.

And then pardon himself…

Right??

HONORABLE MENTIONS #2

Dogecoin ETF Filing: What You Need to Know

Bitwise has officially filed for a Dogecoin ETF, joining Rex Shares and Osprey Funds in the race for institutional DOGE investment.

With a $52 billion market cap and 3x growth this year, DOGE continues gaining momentum.

The recent launch of the Department of Government Efficiency (D.O.G.E) under Elon Musk's leadership has further increased interest, despite the agency removing DOGE's logo from its website.

If approved, these ETFs could tap into significant institutional capital, following the success of Bitcoin ETFs which attracted over $50 billion in investments.

So, roll up your sleeves! Dogecoin isn’t just a meme coin anymore, it’s here for the long haul!

Meme of the Day 🤣

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.