Wheat gets separated from the chaff in challenging times. In particular, projects with solid utilities will do well even if markets are turned upside down. Uniglo.io (GLO) is a prime example of a DeFi project with great utilities, which increased by 45% during its initial coin offering.
Many GLO presale buyers holding Binance Coin (BNB) and Polygon (MATIC) believe that Uniglo is just starting and may spike another 1,500% upwards. We give you an overview of why this might be true.
Uniglo.io (GLO)
Uniglo backs its value with multiple assets in its so-called ‘GLO Vault.’ Further, it acts as a shield to protect the GLO token from volatile market conditions. The vault uses funds from the ongoing presale and transaction fees to acquire a diverse portfolio actively traded. To grow the vault and facilitate the project’s astonishing ‘Ultra Burn,’ profits will be reinvested. This feature uses part of the profits to buy back and burn GLO tokens, raising GLO’s floor price and value.
This makes Uniglo not only deflationary but sustainable even in challenging times on the market. Moreover, its growth is expected not to stop short here but to accelerate exponentially due to its unique utility.
Binance Coin (BNB)
Binance Coin is the coin of the biggest centralized crypto exchange Binance. The currency is trading under the ticker BNB and was initially launched to give investors the possibility to lower trading fees. However, later it became its own blockchain to host an uncountable number dApps and smart contracts of decentralized finance projects. Many BNB holders invest money into gems like Uniglo, and reportedly, most believe GLO just gets started and will achieve even greater heights.
Polygon (MATIC)
MATIC is an ERC-20 token that governs the Polygon network. It is a highly scalable blockchain with high transaction finality and lower fees than Ethereum. It is a Layer-2 chain atop ETH, intended to use Ethereum-based dApps using a modified version of the PoS consensus mechanism. Currently, over 6000 decentralized apps are developing on the network, and many of them have taken notice of Uniglo.
Conclusion
It is just a matter of time till projects like Uniglo.io (GLO) make moves that baffle most who did not invest, similar to the smart money which became financially free investing in Binance Coin (BNB) And Polygon (MATIC) early.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
Disclosure: This is a paid press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!