Many investors often forget that the established crypto giants all had humble beginnings. Investors who find a small-cap token before it fights through the ranks make obscene returns. With the market rebounding, now represents the perfect time for investors to build their portfolios before the real price action begins.
A new DeFi token, Uniglo, has already posted 55% gains. Analysts expect this project to consume liquidity and eventually possess a market cap similar to Cronos and Algorand.
Uniglo.io
Business2Community has already listed Uniglo as one of 2022’s best tokens, and a look at the whitepaper shows why. Uniglo delivers a long-term store of value to investors. Despite the simplicity of the proposition, creating a store of value that genuinely captures true purchasing power remains extremely difficult.
Uniglo’s developers solved this problem by synthesizing core economic principles and blockchain’s programmability. Buy and sell taxes on GLO fund two value creation mechanisms: asset acquisition and deflationary tokenomics. Uniglo’s native token GLO exposes investors to a unique blend of digital assets, including high-end physical goods tokenized in NFT format.
These assets value-back GLO: introducing the digital asset standard to replace the gold standard. On top of this, smart contracts burn 2% of every transaction, making GLO DeFi’s first hyper-deflationary token and the only token that guarantees a constantly appreciating valuation.
Cronos
Cronos is the utility token of the popular centralized exchange Crypto.com. It is also the native token of the Cronos blockchain. Crypto.com utilized perks to create buying pressure for CRO and, as a result, massively increased its market cap. Investors who stake CRO gain access to more lucrative yields and special benefits such as the Visa card that provides cashback on spending in CRO.
Algorand
Algorand raised more than one hundred and twenty million dollars during its ICO (Initial Coin Offering) in 2019. Investors flooded the ICO, and Silvio Micali- a blockchain thought leader- remains the key reason. In designing Algorand, Silvio created the first blockchain to solve the scalability trilemma. Algorand has attracted massive name partnerships and will play a defining role in the multi-chain future.
Closing Thoughts
Uniglo has the potential to become a DeFi sink and absorb liquidity from across the entire ecosystem. Its unique asset exposure and diversification make it a pioneer in the crypto space. And the potential financial gain for early adopters is outrageous.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
