Investors are keeping a close eye on Uniglo (GLO), which is currently in its presale phase. The project has already gained much popularity, with some calling it the “absolute topgainer.”
Uniglo (GLO) is developing the project on the Ethereum blockchain and already has the backing of several well-known figures in the cryptocurrency industry.
This article will examine Uniglo’s success and what lets it rank ahead of other cryptos such as Ravencoin (RVN) and Synthetix (SNX).
Uniglo (GLO)
Uniglo (GLO), a brand-new deflationary social currency backed by cryptocurrencies, digital gold, NFTs, and numerous prestigious or expensive goods, was established to combat the cryptocurrency market’s instability. Using its ultra-burn method, Uniglo will burn a percentage of each transaction, therefore lowering the quantity of $GLO tokens from supply. This activity should result in a sustained rise in value and an atmosphere of deflation.
Even though Uniglo is currently only available for pre-order, demand is increasing. An early investment may give investors considerable advantages over the rest of the market and the opportunity to earn even greater profits when the product officially debuts.
Ravencoin (RVN) And Synthetix (SNX) Overview
Ravencoin (RVN) and Synthetix (SNX) are currently two of the most popular digital assets. However, they have declined over the previous several weeks due to unfavorable market sentiment.
Ravencoin (RVN) is a 2018 launch of a hard fork of the original Bitcoin code. However, the initiative aimed to enhance Bitcoin’s structure, resulting in a number of distinctions between the two chains.
Ravencoin is intended to ease the issue of tokens, serving as an alternative to existing token-capable networks like Ethereum. This enables Ravencoin to facilitate the exchange of assets between parties.
Simply, the project delivers Bitcoin mining and Ethereum network token issuing advantages.
Synthetix (SNX) is a decentralized platform for synthetic assets created in February 2018. On the Ethereum and Optimism networks, the Synthetix protocol enables traders to produce synthetic replicas of crypto native assets, conventional financial assets, and commodities.
The price of Synthetix has lost the upward impetus it enjoyed in August as the broader cryptocurrency and stock markets retrace, and no imminent uptrends are expected.
Bottom Line
Phenomenal 45% price growth for Uniglo (GLO) while Ravecoin (RVN) and Synthetix (SNX) appear to struggle can potentially make the newcomer GLO actually glow and obtain a topgainer status.
Providing a high level of security, being easy to use, and offering a great return on investment is what investors expect from a topgainer crypto initiative, and so far, Uniglo has been fulfilling these expectations.
Find Out 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 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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