UMA Token Surges By 28% Despite General Bearish Trend

UMA (UMA) has registered an impressive 28.7% gain in the last seven days, according to data by CoinMarketCap. In a week marked by market losses and little gains, the DeFi token showed much resilience to emerge as one of the biggest weekly gainers.  Although most of the market stands in awe of the stunning bullish performance of the popular meme coin – PEPE -, UMA’s remarkable price gain has recorded much profit for its investors, drawing significant attention. UMA’s Price Action  Initially, UMA began trading the week around a price region of $1.95. The token showed no significant movement until