How does Uniglo.io supply burn puts it on a leverage point over Dogecoin, Big Eyes and Shiba Inu?

How does Uniglo.io supply burn puts it on a leverage point over Dogecoin, Big Eyes and Shiba Inu?

Every so often, a DeFi protocol comes along that wholly transfigures the space. Uniglo remains one of the most critically undervalued projects in crypto. Its vast token burn has this community-owned project ready to shoot past Dogecoin, Big Eyes, and Shiba Inu. 

Uniglo.io

First and foremost, Uniglo exposes investors to a diverse mixture of digital assets through its vault. These digital assets include high-end physical goods such as gold and fine art: both stores of value proven by time. Uniglo leverages asset ownership of digital and real-world assets (stored in NFT format), and this unique diversification allows it to provide a long-term store of value regardless of market conditions.  

Its massive supply burn has introduced scarcity to a token that already has hyper-deflationary tokenomics, and each GLO will command a far higher price on the open market. This supply shock can send Uniglo straight into the top 100 projects at launch, and unsurprisingly Business2Community has listed it as one of 2022’s most explosive projects. A bear market gem ready to explode!

Uniglo, How does Uniglo.io supply burn puts it on a leverage point over Dogecoin, Big Eyes and Shiba Inu?

Dogecoin 

Dogecoin cannot compete with Uniglo’s tokenomics. With the increasingly risk-off environment, tokens like DOGE will see massive losses as investors rush away from speculative investments and towards safer, more viable stores of value. Dogecoin has no max supply, and this inflationary pressure has consistently dragged its price down. 

Big Eyes 

Big Eyes is a meme coin that offers utilities in the form of charitable donations and NFTs to investors. This token relies on influencers and a solid community for success. However, its presale was very successful. Unfortunately, NFT sales volume is currently declining, which makes Big Eyes a speculative investment at the moment.

Shiba Inu 

Shiba Inu has also launched an enormous burn campaign and, to date, has burnt more than 41% of its total supply. It must be noted that much of this came from Vitalik’s initial burn. Still, Shiba Inu’s developers’ pivoting and introducing a burning mechanism shows a good understanding of tokenomics and bodes well for SHIB’s future price action. 

Closing Thoughts  

Uniglo has the advantage of launching later than Dogecoin, Big Eyes, and Shiba Inu: the developers had more time to observe what works and doesn’t. Uniglo has put together incredible tokenomics, a great value proposition, and provides both digital and tangible asset exposure: a token that can genuinely transform the space.

Find Out More Here:

Join Presale: https://presale.uniglo.io/register  

Website: https://uniglo.io 

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