UMA Token Report
UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.
The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.
UMA is ranked #184 with a market capitalization of over $254 million. The current market price of the token is 3 USDT
On the daily time-frame, the trend has broken out of the flat consolidation levels with good volume support. An immediate support is expected at 2.6 USDT and next resistance is expected at 3.9 USDT.
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