The past few months have been quite exciting for the crypto community. We saw the launch of new protocols, hard forks, and the rise of altcoins. Meanwhile, as the end of October approaches, a few projects begin to stand out: Uniglo.io, Stellar, and Binance Coin.
Uniglo.io (GLO)
Given the current volatility, there is an urgent need for a dependable and expanding store of wealth, and Uniglo looks like a perfect option. The GLO Vault comprises physical and digital assets and uses this variety to provide better and more reliable long-term performance. The vault offers value backing for GLO, where this single token represents a diverse portfolio that contains BTC, ETH, PAXG, TUSD, and many more.
Uniglo’s other notable invention is the ultra-Burn mechanism. This novel strategy will burn 2% of each transaction, resulting in a rapidly decreasing total supply and price appreciation. This technique greatly suits whales who wish to invest in tokens with a solid asset base and a clear strategy for protecting the value and growth of the native currency.
Uniglo has only been on the market for a short period. Early consumers, on the other hand, have already earned a profit of 55% on their initial GLO purchases.
Stellar (XLM)
Stellar (XLM) has grown by 7% since the beginning of this month, extending its outstanding monthly performance. Stellar is a worldwide payment network that intends to make the present financial system more acceptable by making money transactions incredibly simple.
XLM is the stellar ecosystem’s fiat currency converter, allowing stellar users to send and receive money in any fiat currency from any location. Additionally, stellar transactions cost $0.000001, making it a highly affordable and accessible network.
Binance Coin (BNB)
BNB is the native coin of the world’s largest Binance exchange. It was initially created on the Ethereum blockchain before migrating to the Binance Smart Chain, or BNB Chain.
Holders of BNB with a Binance account are eligible for a fee reduction on the exchange. Thus, demand for the token is correlated with demand for the exchange’s services, which undoubtedly increase daily.
BNB became a deflationary asset by implementing a burn mechanism in every transaction charge and carrying out quarterly burns, similar to Uniglo.
The Bottom Line
After an in-depth analysis of the crypto market, it’s easy to notice that Uniglo.io, Stellar, and Binance Coin remain in the top spots. If you feel like investing in a low-priced crypto gem with skyrocketing potential, Uniglo could be the better fit, as the project is heating up for the launch in November and counts hundreds of new followers daily.
For More About Uniglo:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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.
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