Selected Cryptos For October:, Filecoin, And NEO


With inflation and an expected economic recession, the cryptocurrency market might see compounding problems for the foreseeable future. Investors need to equip their portfolios with crypto assets that are built for the long haul. With this in mind, we believe (GLO), Filecoin (FIL), and Neo (NEO) are three ideal additions for this month. (GLO) is a project designed from the ground up with long-term wealth accumulation and community-based asset ownership at heart. A decentralized platform with no single organization in charge, provides users with excellent security and a vibrant community.

This decentralized project implements various features that keep the project stable and help grow the value of GLO. It implements the Community Asset Vault, which holds a range of digital currencies and digitized assets that back the floor price of GLO and extend fractional ownership to token holders. With the Ultra-burn Mechanism, the project also aims to bring down the supply of GLO, driving benefits for early adopters of the token.

The project uses smart contracts to ensure that all transactions are carried out securely. It also comes with the Paladin audit, demonstrating the commitment of the project team to security and transparency. is currently in the final weeks of its initial coin offering (ICO), providing investors a venue to purchase GLO at a favorable price before mass adoption.

Filecoin (FIL)

Filecoin (FIL) is another ideal investment this month. The FileCoin network aims to be the first decentralized platform with a technology that holds data and pays users according to storage volume and quality. It uses IPFS, or InterPlanetary File System, to facilitate data transfers between miners and hosts. The Filecoin protocol is open and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency.

Neo (NEO)

NEO could also be an excellent addition to your crypto picks this month. Neo is designed to be a premier smart economy, allowing registered users to oversee and secure digital identities. Businesses can manage their assets and liabilities here as the platform is programmed to support digital wallets and registration of ownership. Not only is Neo built on an infrastructure that maximizes efficiency with low transaction fees, but it also requires almost zero waiting time for block confirmation on the network. 

The bottom line

Investors need to brace themselves for a turbulent year ahead. Buying tokens from, Filecoin, and NEO this month may help diversify and strengthen investment portfolios for the future.

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Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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