The cryptocurrency market has been bearish for the past few months. However, the next bull run could arrive at any moment, and the bulls have eyes on Uniglo (GLO), Polygon (MATIC), and Solana (SOL). Read on to learn more about these three cryptocurrencies.
Uniglo (GLO)
Uniglo (GLO) is a community-based social currency based on the Ethereum Chain. The creation of GLO is a response to the growing problem of volatility in the cryptocurrency market. The project introduces two key features that provide leverage for GLO.
The first feature is the Uniglo Community Asset Vault, which holds a wide selection of assets including digitized collectible items, digital currencies, and rare non-fungible tokens (NFTs). Having these items within the Uniglo project means GLO is an asset-backed token that continues to increase in value as the underlying assets appreciate. A key objective with this vault is to strike a balance between growth speculation and stable wealth preservation.
The Uniglo community uses the profits gained from selling Vault assets to buy and burn these GLO tokens. The Ultra-Burn mechanism is also applied in addition to the standard percentage burn for every purchase or sale transaction within the ecosystem.
Polygon (MATIC)
Polygon (MATIC) is a scaling solution that supports sidechains and enables near-instant transactions. Developers enter the Polygon Network to access Ethereum-based decentralized applications without having to pay exorbitant fees or deal with lags and delays. When the cryptocurrency market picks up, the utility of the Polygon Network could come to light, pushing the price of its MATIC token.
Solana (SOL)
Solana (SOL) is another cryptocurrency worth looking into before the next bull run. Solana is a competitor of Ethereum that enables fast, cheap, and high-throughput transactions. It supports thousands of initiatives and projects in the decentralized finance (DeFi) space. Solana is also a quickly expanding ecosystem. The number of active addresses on its platform continues to increase despite the bearish sentiment pervading the industry.
Final takeaway
Uniglo (GLO), Polygon (MATIC), and Solana (SOL) are solid bets for the next bull run. Investors better prepare themselves for the upcoming massive surge that could generate massive gains. Early adopters of GLO are in an even more lucrative position as Uniglo is just about to launch.
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
