Uniswap’s UNI Token Plummets After Resistance Rejection

The UNI token associated with the Uniswap decentralized exchange experienced a significant decline, dropping below $6.21 following a failed attempt to break through resistance at the $6.44 level on June 5, 2025. This event highlights the volatile nature of DeFi governance tokens and contributes to wider market fluctuations. While community members remain focused on upcoming protocol upgrades, the current sell-off emphasizes the inherent trading challenges within this space.