Uniglo has been one of the most talked about coins in the cryptocurrency industry since its creation. Speculators have already begun estimating its price, with some predicting it may hit $0.89 on the first day. If estimates are correct, Uniglo will be one of the top 150 cryptos by market cap, right next to STEPN.
It remains to be seen if Uniglo can live up to the hype, but one thing is sure: it has captured the interest of the crypto community.
What Exactly Is Uniglo (GLO)?
Uniglo, a relatively young Ethereum-based social currency, began its ICO presale in July and swiftly gained market traction. This enthusiasm should be attributed to the project’s unique qualities.
Uniglo intends to create a community-driven environment in which holders gain fractional ownership of a diverse range of popular assets kept in the GLO vault. The vault will house stablecoins, large and small cryptocurrencies, rare NFTs, and digitized real-world items. As a result, instead of being tied to a single one, GLO will be linked to a broad set of assets, meaning it won’t be affected by bear fears if any specific project from the vault fails. Depending on market circumstances, the community will have the authority to sell or buy new assets.
Uniglo’s intensive burning process is another distinguishing feature. Because of its Ultra-burn function, a considerable quantity of GLO tokens is withdrawn from circulation daily, making the token scarcer and more valuable over time.
Uniglo Price Prediction
Uniglo has divided its ICO sale into four distinct presale rounds. Each phase lasted a month and culminated in large token burning and revised pricing. Over the presale rounds, GLO has increased by 55%, and the team has raised more than $1.5 million.
This is an extraordinary result for a company that has only been around for three months. It warns analysts to expect massive sellouts as the project enters its final weeks before launch.
Uniglo’s upcoming collaborations and listings on multiple markets have also sparked the curiosity of investors. According to the official Telegram channel, the team is now in talks with KuCoin, HotBit, ByBit, and several CEX organizations. Listing on these exchanges would significantly improve Uniglo’s liquidity and awareness, resulting in increased pricing.
Experts predict that GLO will break the current price trend and hit $0.5 by the end of the final presale. With the help of unsold token burns, the rate may easily set the launch price at $0.89 on November 19th. If the projections are accurate, early investors would likely get more than 8000% interest on their initial investments, which would be an unprecedented result for a project still in its early stages.
Introduction To STEPN
STEPN is a smartphone app that allows users to generate income by walking, jogging, or running for a specific period that is refreshed every 24 hours. To create incentives, users must acquire the project’s one-of-a-kind NFT sneaker. With an intriguing blend of augmented reality (AR) and play-to-earn games, the project swiftly secured a seat among the top 150 cryptos.
The Bottom Line
Though STEPN and Uniglo are two distinctive projects, they share one feature: establishing innovation not seen before and causing hype from the very first days of existence.
However, while STEPN’s success was primarily affected by Solana’s weak performance during bears, Uniglo ensures its stable growth with a diverse asset-backing structure.
Thus, since the price sits around $0.0155, investors still have time to join the presale and expect massive outcomes.
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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