Place/Date: - September 23rd, 2022 at 3:05 pm UTC · 3 min read
Are you looking for an update on what’s happening in crypto? We’ve put together a shortlist of cryptocurrency projects you should know more about. This list identifies five recent top gainers that could be solid additions to anyone’s investment portfolio: Uniglo (GLO), Yearn (YFI), 1inch Network (1INCH), Cardano (ADA) and Binance Coin (BNB).
First, let’s look at Uniglo (GLO), the latest crypto gem to grace the Ethereum network. GLO is a new social currency backed by a vault of assets, including digitized real-world collectables, rare non-fungible tokens (NFTs), stablecoins, and other cryptocurrencies. Having an assortment of assets creates a foundation of growth for the token. It also offers GLO investors fractionalized ownership. As these assets appreciate, GLO investors benefit.
GLO is currently on presale, offering investors a rare opportunity to become early adopters of a promising crypto project. Its price has already achieved gains that exceed 45%. Still, the price is a fraction of a cent, making GLO an effortless investment choice.
Yearn is also a top gainer. This token belongs to the Yearn Finance platform, an assortment of decentralized finance (DeFi) services for earning interest from 25% to 35%. Yearn Finance leverages smart contract platforms such as Ethereum. The YFI token has a limited circulating supply at 36,638, which helps augment the benefits that accrue to token holders.
The 1inch Network is another top gainer. 1inch Network is a decentralized application (DApp) that enables synergies between decentralized protocols. It thus promotes liquidity at optimal rates across the DeFi space. It is known to offer some of the best rates on Binance Smart Chain, Ethereum, Polygon, and Optimism.
Next, we have Cardano (ADA), a blockchain platform with a Proof of Stake consensus protocol that incurs minimal energy costs. The Cardano community is preparing to further enhance network scalability and usability by introducing the Vasil hard fork upgrade. The upgrade could catalyze a bull run for ADA.
Lastly, we have Binance Coin, one of the world’s most popular utility tokens. The coin powers the largest crypto exchange, the BNB Chain ecosystem. True to what its name stands for (‘build and build’), BNB has had tremendous growth over the last two years.
Among the cryptos in this shortlist, our top recommendation would have to be Uniglo. The new project is on presale, offering early adopters a chance to generate massive gains once it launches. Given Uniglo’s long-term view on wealth accumulation, early investors will continue to benefit from holding GLO even after the launch.
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