Morning Crypto Market Overview: Standard Chartered Bets on Uniswap, Decentralized AI Gains Momentum, and Pudgy Party Shuts Down
The market started the day with a slight correction, but the main events are unfolding at the fundamental level. Standard Chartered released its first analytical report on Uniswap, predicting a 40-fold increase for the UNI token, Grayscale analysts point to growing demand for decentralized AI, and the Pudgy Penguins project is winding down its mobile game. We break down the key trends of the morning of June 16.
Market Dynamics: Bitcoin and Altcoins
Bitcoin (BTC) began the trading session with a decline. According to TradingView data, as of 07:38 Moscow time, the first cryptocurrency is trading at $65,828 (₽4,768,336). Over 24 hours, the low was $65,468, and the high was $67,248. Ethereum is also showing a decline, trading at $1,763 (₽127,652).
In the top 10 by market cap, Hyperliquid shows the best performance over 24 hours (+6.20%) and the week (+13.59%). The biggest losses over 24 hours are for Dogecoin (-1.96%), and over seven days for Tron (-2.35%).
Among the top 100 coins, Jito stands out with a +27.32% increase over 24 hours, and the weekly leader is SKYAI (+62.53%). The laggards are Audiera (-27.88% over 24 hours) and DeXe (-12.40% over the week).
Standard Chartered: UNI Could Rise to $100 by 2030
Standard Chartered bank published its first analytical report on the Uniswap protocol, predicting a 40-fold increase for the UNI token — from the current $2.70 to $100 by the end of 2030. According to the bank, the key driver will be the influx of tokenized real-world assets (RWA) into DeFi: their volume is expected to grow 37 times, significantly increasing the liquidity of Uniswap pools.
Head of Research Geoffrey Kendrick compared Uniswap to YouTube and Coinbase to Netflix. According to him, Uniswap provides an open infrastructure where anyone can create liquidity pools, reducing capital requirements. The bank also noted the effect of the UNIfication upgrade, which launched token burning: the total supply of UNI has already decreased from 1 billion to 895 million. Risks include competition with niche exchanges and the need for closer partnerships with traditional finance.
Decentralized AI: Anthropic Restrictions Drive Demand
Grayscale analysts stated that restricting access to Anthropic models (Fable 5 and Mythos 5) for foreigners has become an argument in favor of decentralized AI. After the US government ordered Anthropic to suspend access to these models for national security reasons, the company disabled them for all users.
Grayscale's Head of Research Zach Pandl called this a clear demonstration of the risks of centralized control over advanced AI technologies. Against this news, the TAO token of the Bittensor project rose 30% in 12 hours, reaching a three-week high of $283. Pandl compared Bittensor to "Bitcoin for AI."
Pudgy Penguins Shuts Down Mobile Game Pudgy Party
The NFT project Pudgy Penguins is winding down its mobile game Pudgy Party, launched in August 2025. Despite over 1 million downloads, the team is reallocating resources to the browser-based project Pudgy World, which they call the flagship gaming product of the ecosystem.
The closure reflects the general difficulties of Web3 games: earlier, the Fishing Frenzy project announced it was ceasing operations, having failed to find a viable crypto-gaming model. The NFT market, although it has grown to $1.5 billion, is still far from its 2022 peak of $17 billion.
Cryptalist Analytical Commentary: Standard Chartered's forecast for Uniswap looks ambitious, but it is based on the real trend of asset tokenization. However, a 40-fold increase will require not only growth in RWA volumes but also overcoming regulatory barriers. As for decentralized AI — the Anthropic story only confirms that demand for projects like Bittensor will only grow. The closure of Pudgy Party is a reminder that even strong brands face monetization challenges in Web3 gaming. The market is becoming more mature, and only those projects that find a sustainable business model will survive.