Unibot's UNISOL: Turning Volatility into Value for UNIBOT Holders in the Solana Ecosystem
Jan 29, 2024
Trading application Unibot has announced the issuance of a native Solana-based token called UNISOL, aimed at benefiting holders of the original Ethereum-based UNIBOT tokens. This move initially led to concerns among long-time UNIBOT holders, resulting in volatile price action and a sell-off. However, developers have since suggested that UNISOL could ultimately enhance UNIBOT's value accrual, potentially mitigating recent losses as traders incorporate this new information. Unibot operates within the Solana ecosystem and facilitates user wallet connections to the decentralised exchange Uniswap, making token trading as convenient as messaging on platforms like Telegram or through a terminal.