$101,210.00
3.80%$3,944.56
7.37%$2.41
4.07%$230.91
5.32%$720.99
6.01%$0.416809
6.71%$1.001
0.11%$1.14
12.11%$3,940.66
7.48%$0.29039
7.14%$49.92
12.28%$0.00002955
9.49%$27.08
20.52%$6.43
7.35%$4,651.03
6.69%$9.32
10.85%$4.80
29.15%$100,814.00
3.65%$0.439623
5.88%$0.30376
7.78%$558.81
7.22%$18.22
15.70%$3,938.47
7.29%$0.0000253
12.61%$121.38
10.28%$9.55
0.28%$7.09
9.94%$13.93
20.05%$4,155.51
7.41%$13.48
13.76%$1.002
0.11%$16.41
19.60%$0.65385
13.26%$35.05
16.35%$0.193277
12.52%$346.31
28.23%$1.00
0.12%$9.88
12.90%$0.060933
11.07%$1.87
9.85%$637.43
11.35%$3.34
6.77%$1.36
15.23%$1.065
14.39%$7.04
13.56%$0.167278
6.63%$4.18
2.41%$211.11
14.52%$0.465597
13.08%$2.45
11.84%$1.30
13.47%$25.04
0.93%$9.07
14.08%$7.58
13.07%$56.04
5.54%$1.96
13.20%$1.11
20.39%$3.15
8.67%$2.48
12.45%$0.00004032
12.54%$30.22
10.71%$0.294681
13.27%$2.71
12.64%$1.85
8.80%$0.632856
13.72%$3.29
15.05%$4.59
10.18%$0.0002477
9.23%$3,945.04
7.78%$0.053589
14.47%$6.51
6.48%$0.04474079
11.69%$144.00
6.61%$0.03929003
18.61%$101,165.00
3.88%$4,412.20
7.27%$0.803554
16.28%$1.93
23.70%$4,062.33
7.55%$0.186435
11.95%$4,147.32
7.33%$2.03
10.77%$1,992.35
11.15%$1.006
0.69%$1.13
9.34%$0.03028373
6.43%$0.455082
11.23%$2.30
17.50%$0.281229
9.22%$13.50
5.96%$5.51
9.60%$4,059.83
7.62%$2.26
20.39%$1.18
10.02%$0.707222
3.07%$12.59
6.37%$24.18
11.66%$1.015
13.26%$0.687817
11.75%$1.52
8.04%$1.52
5.69%$0.422334
14.07%$1.20
14.76%$101,111.00
4.28%$8.28
3.20%$0.142589
-4.85%$17.54
6.52%$3.23
0.48%$101,039.00
3.79%$41.16
17.33%$68.44
8.62%$48.65
10.38%$0.089492
-3.40%$18.91
11.13%$1.17
6.20%$0.00000137
10.76%$0.00000329
-1.12%$0.655642
13.57%$8.20
11.08%$286.77
5.12%$1.27
18.71%$0.669114
13.14%$1.26
4.10%$1.31
10.02%$235.22
5.59%$1.61
11.67%$0.122459
21.12%$5.26
20.22%$4.09
7.22%$4,144.22
7.22%$3,894.62
6.62%$3.17
15.18%$0.225637
13.49%$3.67
11.32%$66.61
13.02%$2.31
18.37%$6.33
8.28%$4.18
11.56%$100,665.00
4.05%$114.29
17.01%$0.831117
11.33%$0.353185
12.45%$2.14
13.19%$245.19
5.40%$0.00928095
5.57%$100,962.00
4.07%$0.00004608
11.26%$3,947.08
7.43%$0.24444
8.31%$0.814786
21.38%$3,940.75
7.32%$0.00864418
15.70%$0.01278861
14.28%$0.00000001
8.62%$0.41615
7.15%$0.960956
12.64%$2.23
12.71%$16.04
11.15%$0.01535284
12.95%$0.119856
11.01%$1.001
0.11%$0.00988164
6.14%$37.32
10.56%$0.374683
11.80%$0.00867514
10.60%$3.16
12.61%$6.91
14.10%$0.00013892
10.10%$0.00177287
13.44%$0.999418
0.04%$284.58
8.99%$0.732446
6.40%$4,275.35
7.39%$0.76341
5.69%$0.511048
17.25%$0.686671
20.27%$1.33
7.92%$2.13
12.82%$0.01480003
10.44%$3,935.31
7.24%$5.14
-7.92%$2,716.82
0.76%$101,366.00
4.32%$18.10
14.64%$0.604343
12.94%$0.996928
0.13%$0.06717
2.52%$40.56
13.45%$6.18
17.89%$0.00887414
10.92%$0.00341788
12.72%$50.01
8.67%$0.00000061
5.92%$1.46
21.56%$3,931.62
7.52%$2.80
15.67%$0.312772
12.43%$1.39
8.76%$0.077459
12.42%$3,940.14
7.29%$101,039.00
3.97%$0.02914021
10.70%$0.31488
13.83%$0.082543
12.09%$0.0071588
8.57%$0.657653
18.26%$9.68
0.62%$0.548598
22.06%$0.207195
10.71%$0.078403
3.88%$1.001
0.07%$2,706.99
0.80%$0.00716061
8.98%$4.21
20.46%$6.45
8.21%$0.00000025
8.93%$4,236.72
7.45%$0.544568
15.12%$0.00000416
5.28%$4,122.81
7.86%$100,840.00
3.71%$1.018
0.69%$0.905858
10.07%$2.62
30.07%$0.01495218
11.10%$0.04916659
15.10%$27.88
13.47%$4.51
17.38%$0.051085
12.16%$0.686728
10.11%$6.08
4.28%$0.526662
13.75%$58.64
12.53%$1.16
8.42%$0.090199
21.50%$0.03788194
11.25%$2.11
10.12%$1.64
-4.51%$0.302933
14.08%$3,936.78
7.19%$0.04565621
8.69%$1.084
8.84%$4.27
10.71%$1.49
9.89%$4,332.07
6.65%$0.443316
9.37%$0.76344
13.52%$1.05
-2.09%
Did you lose money when Robinhood suspended trading of WallStreetBets stonks? If so, then this new “meme stock index” provided by DeFi protocol UMA wants to be the answer to your fervent prayers—thanks to the magic of crypto.
UMA’s uSTONKS is an index of all the meme stocks pumped on r/WallStreetBets. It launched a couple days ago and now, coincidentally or not, the price of UMA’s native token (also called UMA) is itself pumping like mad: at one point today, the coin was up 122%.
For now, uSTONKS index tracks the prices of Gamestop (GEM), AMC, Nokia (NOK), Blackberry (BB), Silver (SLV), Tesla (TSLA), Palantir Technologies (PLTR), Sundial Growers (SNDL), Apple (AAPL), and Virgin Galactic (SPCE).
In collaboration with @YamFinance: Announcing the arrival of uSTONKS on UMA:
"The uSTONKS token is a synthetic that tracks an index consisting of ten stocks that are most commented on r/wallstreetbets." https://t.co/Rrky6QpMcW
— UMA (@UMAprotocol) February 3, 2021
For background, you’ll recall that Robinhood restricted trading on GameStop and other assets like Dogecoin during one of the largest short-squeezes in recent years—it was all caused by an army of amatuer traders who just wanted to watch the "loss porn." This move then created a market imbalance that led to the meme stocks' price plunge.
It’s hard to say what the impact of UMA’s index on the WallStreetBets community will be just yet, but, if nothing else, the index appears to have had a positive impact on the platform’s token.
Not only did UMA’s price shoot up, it doubled its previous all-time high. It’s now trading at around $35.45.
UMA broke through the $12 resistance that had been key in determining the token price since September 2020. After that, the rest was history.
Another factor to consider is the recent buzz around DeFi. AAVE, also a “DeFi coin,” today spiked and recorded its largest green candle ever.
After breaking the $320 barrier yesterday and setting a price record, AAVE embarked on an unprecedented rally for the token. It began Wednesday with a price near $300 and ended the day at over $380.
And today’s been even better. The cryptocurrency climbed to a record $520 before correcting a bit to its current $509.
With these returns, even bitcoin looks boring. Congratulations to billionaire NBA team owner Mark Cuban, who is enjoying considerable gains in his crypto portfolio today.
