Investors need to act quickly and the window is closing fast. An asset-backed social currency, Uniglo.io has soared 55% and looks set to continue on that trajectory.
A sleeping giant of DeFi is finally recognized and has propelled the rankings to the top of the gains made by Cosmos (ATOM) and Stellar (XLM).
Uniglo.io (GLO)
Uniglo makes the rest of the market sluggish. It’s a prime example of the possibilities of digital currency, highlighting the fragility of fiat. Uniglo offers a long-term store of value by exposing investors to a unique mix of assets. GLO’s tokenomics include purchase and sales taxes, smart contracts burn 2% of each transaction, and a portion of those taxes fund asset purchases.
A multi-signature wallet protects assets stored in the Uniglo vault, including small caps to benefit from growth speculation, large caps for long-term price appreciation, stablecoins to protect against volatility and NFT assets. NFT’s assets include tokenized works of art and real estate, two proven stores of value. Uniglo developers have incorporated the best elements of digital currencies and deep-rooted economic fundamentals into this protocol. Uniglo’s long-term vision and protocol mechanics come as no surprise that GLO has made incredible gains, and it seems like a warm-up before GLO inevitably goes parabolic.
Cosmos (ATOM)
The Cosmos network is an internet of blockchains. Designed as a foundational layer for the decentralized future, Cosmos developers introduced the Inter-Blockchain Communication (IBC) protocol allowing the free flow of assets and information between every chain within the Cosmos ecosystem. Currently composed of fourteen distinct blockchains, this ecosystem continues to develop.
However, competition from rival interoperability competitors such as PolkaDot has slowed Cosmos’ growth.
Stellar (XLM)
Stellar is an open network for storing and transferring money. This layer 1 blockchain specializes in international transfers of value, allowing market participants to send and receive funds worldwide in real time with negligible fees. XLM acts as an intermediate settlement layer between different currencies.
The Stellar network processes millions of transactions daily but, like Cosmos, it faces greater competition from other outstanding projects such as Ripple.
Final Thoughts
Uniglo buys assets at depressed valuation during bear market; when the market reversal occurs, the valuation of the vault will skyrocket. The floor price of GLO is a value backed by the vault, and this rising valuation will send the price of GLO into the stratosphere. The real question is whether early investors will see a 20X or a 50X.
Learn more here:
Join the presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Always do proper research when dealing with currency and token presales. The above information does not constitute investment advice from CryptoMode or its team, nor does it reflect the opinions of the website or its staff.
CryptoMode produces high quality content for cryptocurrency companies. To date, we’ve provided brand visibility for dozens of companies, and you can be one of them. All our customers appreciate our value for money ratio. Contact us if you have any questions: [email protected]
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses incurred while acting on the information provided on this website by its authors or customers. No advice should be taken at face value, always do your research before making financial commitments.
