Bullish October Awaits Uniglo (GLO), Bitcoin (BTC) and Cardano (ADA)
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Investors have endured a brutal ten months. Every low has been replaced by a lower low, and mass capitulations have destroyed market sentiment. The good news, however, is that market cycles are natural and highly profitable for investors who understand them. Judging by Bitcoin’s past performance, the macro bottom will form in Q4. After this, the only price action will be positive.
Investors who can make tough decisions now will profit massively in the future. October looks set to be a hugely bullish period for Uniglo (GLO), Bitcoin (BTC) and Cardano (ADA). Investors who buy the lows will thank themselves in the future; remember, bull markets make people money, and bear markets change people’s lives.
Uniglo (GLO)
Uniglo is a new form of social currency designed to retain purchasing power. By holding a wide variety of digital, real-world and NFT assets in the Uniglo Vault, GLO receives an inherent floor price and rises as the valuations of the assets rise. The Uniglo Vault will be actively managed, and assets that have significantly increased in value will be sold, the profits reinvested, and a portion used to buy back and burn GLO tokens from the open market.
This is not Uniglo’s only deflationary mechanic, with buying and selling taxes; 2% of each transaction is burned. With a rapidly decreasing total supply, this hyperdeflationary token is designed to increase in value and offers genuine wealth through asset ownership.
Bitcoin (BTC)
The oldest and largest digital resource. Bitcoin has a funny habit of making people feel stupid when discussing the price action afterwards. Numerous sources have pegged Bitcoin’s fair value at around $40,000, and anything below that is a brilliant buying opportunity.
Bitcoin will go to six figures and maybe more one day. In the future, purchases for $20,000 versus $24,000 will be a rounding error. Bitcoin is a brilliant store of wealth with built-in inflationary mechanics. It should be in every crypto investor’s portfolio and was the first digital asset designed to appreciate over a long period of time.
Cardano (ADA)
The Cardano network will soon launch the Vasil hard fork, a significant overhaul of the scalability capabilities of the network and declared the most comprehensive upgrade since the Alonzo hard fork, which introduced smart contracts to the network.
Since the Alonzo upgrade, thousands of developers have deployed DApps (decentralized applications) on the Cardano Mainnet, and the ecosystem has spread. If the past is any indicator, prior to the Alonzo upgrade, ADA rose in price and will likely repeat this behavior, making ADA an excellent buy for October.
Find out more here
Join the pre-sale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Disagreement: https://discord.gg/a38KRnjQvW
