Smart money refers to funds controlled by institutional investors, financial professionals, central banks, and other financial experts. These experienced managers have a track record of success in the financial markets and are capable of directing the next steps to make the most out of investor money. Currently, these controllers are making smart money flow into three key cryptocurrency projects: Uniglo.io (GLO), Avalanche (AVAX), and Chiliz (CHZ). Read on to find out why.
Uniglo.io (GLO)
Uniglo.io contributes a novel, asset-backed social currency to the decentralized finance (DeFi) space. The project is based on the Ethereum Chain and is set to be available on the Uniswap (UNI) platform once it launches on the 19th of November.
Whales with massive holdings in other well-established cryptocurrency projects are moving in on this exciting new project. As such, smart money managers are interested in the strong potential for long-term wealth accumulation on Uniglo.io.
With a Community Vault, the project holds an assortment of carefully chosen assets. The Vault holds digital currencies, stablecoins, non-fungible tokens (NFTs), and digitized physical items that are set to increase in value over time. The diversification of these assets is crucial to maintain growth and stability.
Smart money managers are also interested in the project’s Ultra-Burn feature, which the community applies to GLO tokens that are bought back from the market. The purpose of this feature is to keep GLO in a hyper-deflationary state, maintaining the floor price and exclusivity of the native token.
Avalanche (AVAX)
Smart money is also flowing into Avalanche (AVAX). This project is a smart contracts platform capable of performing extremely swift transactions with a time-to-finality rate that outpaces Ethereum (ETH). With the low cost of running transactions, many software developers opt to build their decentralized applications on the Avalanche platform, making AVAX one of the market’s best-performing cryptocurrencies.
Chiliz (CHZ)
Institutions handling smart money are also looking into the Chiliz project. With the goal of elevating daily consumer experiences, the project caters to sports and entertainment entities that want to leverage blockchain-based tools. With the CHZ currency, these entities can engage audiences and monetize their entertainment-related consumer products and services.
Final takeaway
Investing in cryptocurrencies relies heavily on speculation. However, projects like Avalanche (AVAX) and Chiliz (CHZ) offer a path toward growth. With the entry of Uniglo.io into the market, investors now also have an option for stable, long-term investment. As smart money continues to flow into the Uniglo.io project, other investors need to act quickly and take advantage of the fact that its GLO token is still in its presale stage.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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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