Place/Date: - July 20th, 2022 at 11:21 am UTC · 3 min read
There’s one new crypto that’s had everyone talking recently… And that’s GLO. Uniglo is just about to enter pre-sale, and it looks primed to rival the growth of many other popular coins that have gone before it. And this is the perfect time for such potential, the wider digital finance market has been crying out for some growth for the last few weeks after suffering serious losses. There’s still upside in crypto, though – with losses somewhat recovering in the last few weeks. While experts don’t know how long it’ll take to re-enter a bull market, you can definitely add some top crypto projects to your portfolio at arguably great prices right now. Especially if you take experts’ advice and pick the most-touted projects in the crypto world… Like GLO.
Uniglo’s incredibly competent team of developers have helped create a project that solves key issues in both the crypto world and fiat. That’s because with a truly deflationary, fully-asset backed and community-driven token, they’ve come up with a coin that doesn’t rely on rampant speculation and has an extremely stable floor.
With fiat currencies, you’ve probably noticed your money becoming worth less and less due to inflation. Fiat is able to be printed on-demand, as it’s no longer backed by a gold standard. Its entire price is based on sentiment. There’s no scarcity, and quantitive easing simply devalues it.
GLO is different, as it has scarcity built into its model alongside a fully 1:1 asset-backed store of value. GLO’s vault of investments (to help create asset-backing) are made up of other cryptos, NFTs and collectibles alongside digitized versions of gold, whisky, fine art and more.
GLO also isn’t reliant on the price of any one asset due to diversification. Unlike many other products in the crypto world, it doesn’t rise and fall based on BTCs performance. That’s why GLO is a unique opportunity as the future of finance, and a digital currency you can actually have confidence in when you either buy or spend it. GLO is currently available during pre-sale, and now could be the perfect time to buy.
ETH has had some losses recently, but it’s still here to stay. Prices have even rebounded and showed some strength by not going as low as some thought they would. And the wider Ethereum blockchain is home to countless hot projects with tons of potential. Could this be the perfect time to purchase the ETH dip?
Polygon helps solve some issues present in the blockchain world, notably high fees and slow transactions. While Polygon may have arguably experienced its boom period already, there’s still potential there. But that’s also why some MATIC holders are moving their investments into GLO.
Stellar has been one of the hottest altcoins in the last couple of years. As an easy-to-use interface for the transfer of money, it gives users a range of helpful options in the DeFi world. It could be at the forefront of the DeFi space’s move into the mainstream.
THere’s a reason why XLM, MATIC and ETH holders are looking closely at GLO. They think it could be the next big thing in crypto, and that’s why it could be great for your portfolio right now.
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