Astounding Uniglo (GLO) Pumps Signal A Run To Top 100 Cryptos Alongside Ravencoin (RVN) And Nexo (NEXO) Is Possible
The crypto markets are moving. September will see the long-awaited Ethereum merger, August’s CPI data and another rate hike by Jerome Powell. All these events make the markets volatile, and sentiment seems to be bearish one day and bullish the next, with investors unsure where to turn.
However, one surprising crypto project has ignored the choppy conditions and continues to win. Uniglo (GLO) is an Ethereum-based social currency that promises investors an organic store of value that grows over a long period of time. It takes advantage of the market confusion as investors wade into the pre-sale to diversify. If it can continue its current trajectory, it will soon break into the top 100 crypto projects along with Ravencoin (RVN) and Nexo (NEXO).
Examining the project’s whitepaper shows that Uniglo certainly has the potential to enter the top crypto projects. Still, the real question is how many investors will join at the ground level?
Uniglo (GLO)
Uniglo’s whitepaper outlines that GLO, the original token, was designed in response to the rapid decline in fiat’s value and overwhelming volatility in the digital asset space. GLO was created to provide a store of value that grows, allowing investors to retain their actual purchasing power, and the protocol implements purchase and sale taxes to facilitate this.
A portion of each transaction goes to the acquisition of assets. The Uniglo Vault has a collection of digital and physical assets that make the GLO value-backed and allow the valuation of the vault to grow in line with economic conditions. Driving GLO’s astonishing price action is its exposure to high-end luxury goods. Investors are also considering the timing of the vault; if the vault buys these assets in the bear market, imagine the valuation in the bull market. On top of this, Uniglo also implements a very aggressive burning strategy that makes GLO a truly hyperdeflationary token.
Ravencoin (RVN)
Ravencoin is a hard fork of the original blockchain focused on allowing users to issue tokens on the Ravencoin blockchain. It enables users to mint their own tokens specifying the quantity and other characteristics, and its utility application is vast.
The Ravencoin blockchain can be used to mint tokens that grant access to a gaming venue or to create a token that tracks the price of a real commodity like gold, all of which can be done in minutes. Ravencoin brings security and more robust trading to the digital asset space and deserves its place among the top 100 projects.
Nexo (NEXO)
Nexo is a crypto bank. It is the intermediate step between fiat currency and digital currency. Users can buy, earn, borrow and trade on this platform. Specializing in loans with crypto security, anyone with digital assets can instantly get a loan on this platform.
NEXO, the original token, entitles users to lower interest payments on loans, increased interest payments on deposits and dividends from Nexo’s profits. It is an actual profit sharing mechanism to reward investors and one of the better utility tokens belonging to a centralized exchange.
Find out more here
Join the presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter:
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