Place/Date: - August 26th, 2022 at 2:06 pm UTC · 3 min read
Every day, there seems to be another article talking about the next big thing in the cryptocurrency world. This time, the focus is on three tokens that are expected to surge this October: Uniglo (GLO), Fantom (FTM), and Uniswap (UNI). All three of these tokens have experienced significant price increases in the past month, and all have strong fundamentals that suggest they will continue to rise in value.
The need for a digital asset to maintain and increase wealth has recently been brought to fruition. Investors have either seen market volatility or a steady drop in the real worth of their money when given a choice between fiat and cryptocurrencies. Meanwhile, Uniglo uses the fundamentals of economics to develop a new kind of financing.
The Uniglo Vault, which holds various assets, will support the GLO token’s floor price. The intrinsic floor price of the GLO token is determined by the worth of the items within the vault, much like the gold standard. Buy and sell taxes are a component of Uniglo, with 5% going to the treasury fund and 2% going toward its Ultra Burn Mechanic.
As the treasury fund expands, additional assets will be bought for the vault, such as stablecoins to protect against volatility, high-end physical items to keep wealth, and large-cap tokens to profit from long-term price growth. The potential for this protocol is enormous, particularly over a long time period.
The second contender is Fantom. FTM’s whole phenomenon is the programmability of blockchain technology, which is its core component. The Fantom ecology may benefit from the blockchain ecosystem. As a result, consumers may use Fantom for any marketplace transactions, including those involving financial services, applications, and games, to mention a few, that can be developed on the platform. As previously mentioned, Fantom allows programmers to create and work on smart contracts that, under certain circumstances, automatically carry out assignments.
The trading cryptocurrency market expects FTM crypto to function with partnerships and community financing; the expected price of Fantom in October will reach a maximum price level of $3.34, while the lowest price up to $3.2, which is pretty optimistic but definitely attainable.
To support the trading of crypto assets, Uniswap uses a decentralized P2P exchange automated market maker (AMM), which diverges from traditional cryptocurrencies. It also enhances conventional exchanges.
Uniswap has a special feature that offers liquidity directly from liquidity providers. It is connected to Ethereum and enabled as two smart contracts with the ability to earn interest (LPs). This aspect of Uniswap significantly helps to remove the barrier associated with token mining.
According to the predictions, the Uniswap price action, which began late only last year, will ride a positive trend into 2022 and continue riding news waves moving ahead into 2023. The price of UNI/USD could fluctuate between September and October, reaching a high point of $15 and then falling sharply by the end of October.
According to UNI experts, the least price would be $12, and the highest price would be $15 for the first year.
As the world anxiously awaits the Ethereum merge, the crypto markets are preparing for their own surge this October. Uniglo (GLO), Fantom (FTM), and Uniswap (UNI) are expected to be the leaders of this surge based on recent developments and partnerships.
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