The crypto market could be described as choppy for the past weeks and might continue this pattern till the end of the year. However, this is also the best time to make investments. While major cryptos like Avalanche (AVAX) and Fantom (FTM) are trading at low valuations, analysts are increasingly mentioning Uniglo.io (GLO) in the same breath.
We took a good look at Uniglo.io and summarized the most important aspects:
Uniglo.io (GLO) – The multi-asset-backed DAO
Throughout its presale, the ERC-20 token GLO has appreciated an extraordinary 45%. While this is a feat in itself, Uniglo has managed to attract a considerable number of holders from the Fantom and Avalanche communities. Both of which are trading at lows that most have not seen since 2018.
This setup could prove to end in a very bullish scenario, with way more upside to be seen. Why, may you ask? Uniglo draws its strength from backing its value with many digital assets, such as Paxos Gold, Decentraland, or Cool Pets NFTs. If previously mentioned coins are trading at low valuations, GLO can acquire those with almost guaranteed certainty of value appreciation. As a result, the tokens’ ‘Ultra Burn’ feature would raise the value of the protocol significantly once its acquired asset starts to increase in value.
Uniglo’s presale will end soon. So you have till the 19th of November to get in on the project.
Avalanche (AVAX) And Fantom (FTM)
Avalanche is a rivaling Ethereum, with a high priority on scalability and transaction speed. It facilitates around 4,500 transactions per second and hosts countless decentralized applications. Unique to the chain is the voting system, which allows AVAX holders to adjust the rate at which new coins are minted.
Now, coming to FTM, which is the native currency of the Fantom chain. This unique blockchain offers absolute finality, which means transactions cannot be reverted. Further, its consensus mechanism can scale the nodes to increase the network’s decentralization and security. All this while offering low transaction fees and speed for holders of FTM and dApps on the chain.
The current market situation with major cryptos like Avalanche and Fantom trading way below their All-time highs is an opportunity for Uniglo (GLO) to acquire those and prepare for the next run-up. Don’t miss out on GLO’s presale, which is ending soon.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.