On November 12th, according to GMGN data, DUNI, a DAO-related token of the Uniswap Foundation released in September on Zora, saw its market capitalization rise to $7.08 million. It had a 24-hour price increase of 8489% and a 24-hour trading volume of $440,000. In September of this year, the Uniswap Foundation posted on Zora, stating, “Urging the U.S. Treasury Department and the IRS to provide a clear and convenient legal path for decentralized autonomous organizations (DAOs). All proceeds from the related token will be donated to the DeFi Education Fund to support their ongoing efforts for the entire DeFi industry.”
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