Can Uniswap reach its historical peak | Question and Answer

CN
1 hour ago

1. The mining asset DMT-NAT that coexists with Bitcoin is worth analyzing and researching. It shares the same block, the same computing power, and the same ten-minute block output as Bitcoin, and can be understood as a smaller version of Bitcoin, addressing the four-year halving subsidy for miners.

In the comment sections of many of my past articles, readers have mentioned the asset DMT-NAT.

I have looked into, researched, and even purchased this on-chain asset related to Bitcoin a long time ago and, of course, have my own views. However, before April 27, 2026, I hardly replied to these comments, let alone shared my thoughts in detail, for a very simple reason:

Without discussing how this asset itself is, these comments jumped straight to opinions or directly quoted a few definitions from the official white paper, offering no personal analysis, insights, understanding, or research. Such comments make it unclear whether they are promoting something or genuinely hoping to discuss issues seriously.

Only in the comment section of the article on April 23, 2026, did one reader discuss DMT-NAT and share their understanding and thoughts in detail. The thoroughness of the argumentation, the clarity of the opinions, and the coherence of the logic surprised and moved me greatly.

Clearly, this commenter put in a lot of effort; they not only researched this asset seriously but also read many of my past articles in detail, correlating, comparing, and analyzing my various viewpoints with the characteristics of DMT-NAT.

Regarding such comments, leaving aside whether I agree with the opinions, I felt it necessary to respond in detail and earnestly due to their sincere and diligent attitude, hoping this reader will continue to maintain this spirit of thorough research and earnest inquiry towards any topics they find interesting in the future.

Thus, on April 27, 2026, I wrote an article sharing my views on DMT-NAT in detail.

If a reader genuinely wishes to understand an author's perspective on something and values that perspective, the least they can do is read the author's past articles to see if they can find clues from the past.

The article from April 27, 2026, is less than six months old and can easily be found by casually browsing. If someone truly wants to know my view on DMT-NAT, they can readily discover this article.

I place great importance on and pay close attention to the views of Satoshi Nakamoto and Vitalik, and my method often involves reviewing their past statements and writings.


2. Now the market sentiment is looking at 90,000 at the end of the year and 100,000; I think this looks a bit dangerous.

I have currently blocked almost all news and posts related to market predictions; there are hardly any that are nutritious or valuable.

The only effect is to stimulate people's emotions.

It’s essential to return to whether one genuinely understands the assets they hold and if they have a value judgment formed through long-term observation and serious research.

If one has established their own value judgment, they won’t be led by market information or disturbed by market sentiment.

I also notice that in various news or interviews, the ones who most like to predict short-term market trends are often those who buy today and sell tomorrow, reporting how much their account is in floating loss today and how much profit is exposed tomorrow.

What real value can such information have for us?


3. Why has Uniswap not reached its historical peak of 42.5 USD?

The reason Uniswap achieved such a high price in the past, in my view, was largely due to market sentiment, while the influence of fundamentals was minimal.

Later, as market sentiment waned and people began to pay attention to fundamentals, it was discovered that, based on fundamentals and financial revenue, that peak price was indeed too high.

Not only Uniswap, but also among the classic top DeFi protocols I am particularly interested in, such as AAVE, MakerDAO, and Compound, none has surpassed the historical peak they once reached as of now.

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