A new Ethereum-based protocol Uniglo (GLO), has seen a massive influx of new investors participating in its presale. Analysts are confident this is because of its asset-backed vault, which is highly appealing to investors in the current climate. This FOMO (Fear of Missing Out) is driving up GLO’s price, which, thanks to its dynamic pricing model, fluctuates depending on investor demand.
One thing is sure, investors who are buying today are locking in the best price, and this social currency delivering a long-term store of value has the potential to become one of the bear market stars. If it can continue its current trajectory, it could even outpace Uniswap (UNI) and ApeCoin (APE) in the next bull market.
Very few tokens can offer an actual store of value. With the FED positioning to continue interest rate hikes and asset prices looking increasingly vulnerable, Uniglo’s value proposition continues to swell and expand.
Uniglo (GLO)
Uniglo represents a rare and bona fide crypto gem. This store of value is criminally underrated, and the potential for GLO to 100X is tangible. This is only possible due to the protocol’s mechanics outlined in the whitepaper.
The Uniglo Vault will store physical, digital, and NFT assets. These assets give GLO a value-backed floor price, meaning GLO represents a diversified portfolio in a single token. But looking at the long-term horizon, Uniglo acquires all of these assets during a bear market, large caps like BTC & ETH for long-term price appreciation, stablecoins to hedge against inflation, and smaller caps to benefit from growth speculation. When the market reverses, the value of the Vault will rise dramatically, violently pushing GLO’s floor price upwards.
On top of this, by becoming an early participant in asset tokenization and NFTs, which represent physical goods, Uniglo is positioning itself for another momentous rally as asset tokenisation becomes more prolific and the values of these NFT assets skyrocket. With brilliant positioning, a powerful value proposition, and heavy participation in its presale, Uniglo has the potential to break into the top 100 projects easily and maybe even into the top 50.
Uniswap (UNI)
Uniswap is a forefather of DeFi. By introducing the AMM (Automated Market Maker) model and the idea of liquidity pools, this decentralized exchange introduced permissionless swapping with low slippage for traders and passive income for investors through supplying liquidity, typically referred to as yield farming.
When the market reversal comes and trading volume spikes, UNI, the governance token, will enjoy another strong rally, and people farming UNI now are earning supercharged yields.
ApeCoin (APE)
APE is the medium of exchange within the entire Ape ecosystem. The Ape Foundation is a DAO pushing decentralization and Web3, actively building for the future. APE allows investors to vote on proposals, join an organization fighting for a better future, and belong to something larger than themselves.
Backed by Yuga Labs, creators of the Bored Ape Yacht Club NFT collection, the future of the Ape Foundation and subsequently APE holders looks bright indeed.
Find Out More Here
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
