Uniglo.io +55% Already As Cardano And Polkadot Look To Reverse
As markets are still picking up the shards with the ongoing Ukraine-Russia conflict and post-pandemic aftermath, crypto continues to innovate and deliver new use cases daily. While market sentiment suppresses the growth of many projects, some manage to show...
As markets are still picking up the shards with the ongoing Ukraine-Russia conflict and post-pandemic aftermath, crypto continues to innovate and deliver new use cases daily. While market sentiment suppresses the growth of many projects, some manage to show considerable numbers to the surprise of their investors.
One of those runner-ups is Uniglo.io (GLO), with astonishing 55% growth, while Cardano (ADA) And Polkadot (DOT) are still struggling to break above the downtrend. Here is why:
Uniglo.io (GLO)
The DeFi project with the GLO token at its center, Uniglo.io, seems to defy any market pressure and is immune to crisis. A good reason for this resilience might be its Ultra Burn mechanism in symphony with the so-called ‘GLO Vault,’ which acquires digital assets such as Paxos Gold (PAXG) or The Sandbox (SAND). Once deemed profitable, the vault trades these assets, and profits go partly towards the buyback and burn. As a result, GLO appreciates, and scarcity increases thanks to the Ultra Burn mechanism.
Uniglo.io’s launch is set for the 19th of November, and analysts advise investors to get some exposure to $GLO to avoid missing out.
Cardano (ADA)
ADA, the coin of Cardano, is one of the biggest cryptocurrencies by market cap. Its famous founder Charles Hoskinson designed the chain to be scalable and host smart contracts and dApps. However, despite the highly anticipated Vasil hard fork being around the corner, current market sentiment prevents ADA from breaking the downtrend.
Polkadot (DOT)
Polkadot and its governance coin DOT could be described as an intermediary blockchain protocol to facilitate communication and data exchange between incompatible blockchains. It utilizes so-called parallel chains to scale and offer speed and scalability. Besides this already massive use case, the protocol also provides staking options.
Final thoughts
While Cardano and Polkadot are still trying to break the downtrend and gain momentum, Uniglo.io has already surged 55%, with more upside to be expected. As previously mentioned, GLO’s presale is still available to buy, with a scheduled launch on the 19th of November.
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
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
Contact us if you have any questions: [email protected]
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.
SNEKbot by DexHunter on CARDANO
Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!
