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Uniglo.io (GLO) Massive Price Surge Takes Analysts by Surprise Who Recommended Aave (AAVE) and Maker (MKR) Instead

Twin Peaks Digital PR by Twin Peaks Digital PR
October 4, 2022
in Press Releases
Reading Time: 3 mins read
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Many analysts recommend cryptocurrency projects like Aave (AAVE) and Maker (MKR). Who can blame them? AAVE and MKR are two of the known tokens in the market. They are normal, ordinary investment picks. But what is “normal” in the crypto market does not necessarily translate to being the best. What is “ordinary” does not equate to the most optimal or gainful investment choice.

As Uniglo (GLO) continues with the third phase of its presale, those analysts are now wavering on their initial choices. Uniglo is a new decentralized finance (DeFi) project based on Ethereum that introduces a unique asset vault. The GLO token is having a massive price surge exceeding 45% and is ready to outmatch AAVE and MKR.

Uniglo (GLO)

Uniglo is an investment-oriented cryptocurrency project. It started its presale on July 15th and has been growing its community and the value of its GLO token ever since. It operates with the goal of mitigating volatility and accumulating long-term wealth for investors. The foundation behind Uniglo achieves this by utilizing a treasury built from the imposition of a tax on every buy-and-sell transaction. The taxes are then used to fund the acquisition of real-world, tangible assets such as gold and art, as well as a range of cryptocurrencies, including stablecoins. These assets are stored in a special Community Asset Vault, the main purpose of which is to back the floor price of the GLO token.

Aave (AAVE)

Aave is an open-source money market protocol and cryptocurrency. It is a system of lending pools where users can lend or borrow digital assets and earn passive income. Aave essentially enables decentralized, peer-to-peer lending, offering financial solutions to people who are not favored by the traditional banking system.

Maker (MKR)

Maker is another form of lending system in the DeFi space. Contrary to Aave, however, Maker is a peer-to-contract lending platform. It provides loans by issuing a collateral-backed cryptocurrency called DAI and encrypting ether (ETH) in smart contracts.

The Bottom Line

GLO is not yet as commonly recommended as the likes of AAVE and MKR. However, this is due to a lack of awareness about Uniglo’s existence rather than a lack of confidence in the project. Uniglo is a crypto gem not yet known to all, but it is shaping up to be a more solid investment choice than the cryptos that are ordinarily recommended.

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 paid press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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