Uniswap Creator's Test Coins From 2019 Now Worth Millions After Supply Slashed to Just 4 Tokens
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The first coins ever floated on Uniswap by its creator Hayden Adams now trade at over $3 million per token, with a limited supply of just 4.4.
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Adams released the tokens in 2019 for testing before Uniswap's launch. Most were destroyed but some survived and were recently rediscovered.
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The limited supply caused the price to surge to hundreds of thousands after trading began, before Adams burned his remaining stash.
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This effectively destroyed 99.99% of total supply, leaving just 4.4 tokens now trading at high prices.
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Adams has disavowed involvement and thinks speculation on the tokens is "silly", but traders can still buy fractions of them.