Uniglo.io (GLO), Aave (AAVE) and Ethereum (ETH) Could Hit ATH This November

Place/Date: - September 29th, 2022 at 10:52 am UTC · 3 min read
Source: Uniglo

Uniglo.io (GLO), Aave (AAVE) and Ethereum (ETH) Could Hit ATH This November

Investors are nervous. This is typical in the run-up to an election; before an election, policy uncertainty creates fear, and fear leads to downward price pressure. However, with the United States Midterms taking place on November 8th, this could be an incredibly bullish month for crypto. If Republicans, typically more pro-crypto than democrats, take control of the Senate, the digital asset space could enjoy an enormous rally.

Regardless of the outcome, markets will perform well due to regulatory clarity. Investors like knowing the environment they operate within, and the election result will provide this. Specifically, Uniglo (GLO), Aave (AAVE), and Ethereum (ETH) look like they could hit new ATHs (All-Time Highs) in November on the back of this increased regulatory clarity.

Uniglo (GLO)

Uniglo is an Ethereum-based social currency providing a long-term store of value. Uniglo represents an excellent long position because it takes advantage of asset tokenization, a key growth area in crypto, and asset ownership, a wealth-building technique successfully employed for centuries.

The Uniglo protocol features a Vault that purchases assets funded via buy and sell taxes. It backs the value of GLO, the native token, and as asset tokenization grows more prolific, there is no limit to what the Vault can contain. For example, tokenized fine art or real estate. By exposing investors to digital and physical assets, Uniglo overcomes the overall market volatility and takes advantage of market movements in all sectors. Hedged against volatility and primed to take advantage of general economic appreciation, GLO represents an excellent long-term hold.

Aave (AAVE)

As DeFi utilization grows, the value proposition of Aave increases proportionally. This DeFi liquidity giant facilitates permissionless loans through crypto collateralization and introduces key real-world utility to the DeFi space. With confirmed plans to release a yield-generating stablecoin, GHO, Aave is ready to attract even more liquidity.

AAVE, the governance token, allows investors to vote on proposals and pay lower interest rates on loans and always sees positive price action with an uptick in trading volume as traders use the platform to gain greater market exposure.

Ethereum (ETH)

The Merge fast approaches and long positions on ETH right now can potentially change investors’ lives. With ETH set to become deflationary after mining rewards stop. And with ETH 2.0 introducing a whole new era of scalability to the crypto ecosystem, Ethereum is positioning itself as a project that can not only complement TradFi but directly compete against it.

By expanding its utility, Ethereum is strengthening a theory that has long been prevalent in the crypto community. Known as The Flippening, many investors predict ETH’s market cap will surpass BTC’s market cap at one point. ETH is certainly a token investors want to watch in the run-up to November.

Find out more about Uniglo here: Website, Presale, Telegram, Discord, Twitter.

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