TLDR
Unifi Protocol DAO (UNFI) fell 2.9% over the last 24h, underperforming the broader crypto market (+1.13%). The drop contrasts with its 17% weekly and 57% monthly gains, suggesting profit-taking. Here are the main factors:
- Exchange delistings – KuCoin and MEXC removed UNFI trading pairs in March 2025 (KuCoin), reducing liquidity.
- Technical correction – Bearish momentum signals emerged after a multi-week rally.
- Market rotation – Altcoin season index rose 35% monthly, but UNFI lagged due to delisting headwinds.
Deep Dive
1. Exchange Delistings (Bearish Impact)
Overview: KuCoin delisted UNFI spot and futures pairs in March 2025, citing compliance with its “Special Treatment Rules.” MEXC followed by removing perpetual futures. These exchanges accounted for ~15% of UNFI’s historical liquidity.
What this means: Delistings forced holders to sell or transfer tokens, creating sustained selling pressure. Reduced exchange access limits new buyers, thinning order books and amplifying volatility.
What to look out for: Monitoring UNFI’s remaining liquidity on platforms like PancakeSwap, where 24h volume fell 12% to $420K.
2. Technical Correction (Mixed Impact)
Overview: UNFI’s RSI14 cooled to 59.61 (from 67 last week), while the MACD histogram turned negative (-0.0047), signaling weakening bullish momentum.
What this means: The 57% monthly rally likely exhausted buyers, triggering profit-taking. However, the 200-day SMA ($0.251) now acts as support – a sustained break below could extend losses.
3. Altcoin Rotation Mismatch (Bearish Impact)
Overview: The altcoin season index rose 35% monthly, but UNFI’s delisting overhang muted its participation. Its 24h volume ($1.04M) trails the median top-500 coin ($4.2M).
What this means: Investors rotated into altcoins with clearer catalysts, leaving UNFI vulnerable to sell-offs. Its 0.41 turnover ratio (volume/market cap) signals moderate liquidity risk.
Conclusion
UNFI’s dip reflects profit-taking after a parabolic rally, compounded by reduced exchange support. While technicals show cooling momentum, the 200-day SMA offers a key stability test.
Key watch: Can UNFI hold $0.25 support, or will delisting-driven liquidity erosion trigger deeper retracements?