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The fundamental logic of the UNI Token seems to have changed, especially with the upcoming vote on August 18. If this vote passes smoothly, theoretically, the price movement of UNI should stabilize, rather than fluctuating wildly as it is now. However, the current market performance is disappointing, with key price levels hard to break through and hold above, causing concern among investors.
Despite this, the long-term prospects for UNI are still viewed positively by many. However, it all depends on the results of the upcoming vote. If this vote can truly reflect the will of the token holders and bring about substantial changes, then the development prospects for UNI will be even brighter. Conversely, if the voting process is similar to the previous fee switch vote, merely a manipulation of the sentiments of the token holders, then UNI may struggle to overcome its inherent issues.
For investors, closely following the results of this vote is crucial. It not only concerns the short-term price movement of UNI but may also determine its long-term development path. If the voting results are disappointing, it may be wise to sell at the peak of the next major market. However, if the vote can bring about positive changes, UNI may welcome new development opportunities.
Regardless, this vote will become an important milestone in the development of UNI, worthy of close attention from all investors following the cryptocurrency market.