The presale period of a cryptocurrency is one of the best times to stake your claim in a project that could reach unprecedented heights for developers, users and investors. The new project over at Ethereum, which is called Uniglo (GLO), is perhaps the latest exhibition of this.
Uniglo started preselling in the middle of July and has already achieved a 35% price growth. The project is expected to have explosive growth once it finally launches in the middle of October. And if we look at how assets like Bitcoin (BTC) and Eos (EOS) have been moving in the market recently, it is easy to see that Uniglo’s GLO is a better bet right now.
Uniglo is a community-based social currency built on Ethereum and set to be initially sold and traded via Uniswap. This new DeFi project has caught the attention of analysts and whales because of its idiosyncratic Ultra-Burn feature, which aims to buy back GLO tokens from the market using profits earned from a special digital asset collection. The tokens that are bought back are then removed from circulation, ensuring that the supply of GLO in the market continually goes down. By taking full control of the supply of tokens, the Uniglo community can inject strength and stability into the price of GLO.
The Uniglo project was designed to offer long-term wealth accumulation and rewards for longstanding token holders. The project has not even launched yet but is already rewarding early investors with the 35% price surge of its GLO token. Individuals and institutions which invested in Uniglo during the first two presale phases thus have a reason to celebrate. First, their early investment in Uniglo has already turned a profit. Second, the rising demand for GLO further justifies their move into the Uniglo community. GLO is proving to be a better investment than Bitcoin (BTC) and Eos (EOS).
The cryptocurrency king, Bitcoin continues to sit at the top of the market. But perhaps its high position is also one of its weaknesses. Bitcoin is the most expensive crypto in the market, making it inaccessible to new investors and small-time traders. Hence, BTC is rarely one of the first investment bets of the current generation of crypto investors. Moreover, current holders of BTC are also not happy with the price movement of the crypto king as it plunges back below the $21,000 mark.
Eos is a blockchain protocol and cryptocurrency that has been in the market for the last four years. This protocol is attractive to developers because it simulates web-based application development in its blockchain-based application services, providing data hosting, security, authentication, and communication between the Internet and the application. The price of EOS has been fairing better than Bitcoin, even reaching a 20% growth over the last two weeks. The price surge of Uniglo’s GLO, however, is stronger at 35%.
Uniglo is already at the final phase of its presale, which means the window to buy GLO tokens at a discount is closing fast. For investors looking to achieve gains that the likes of Bitcoin (BTC) or Eos (EOS) cannot offer at this time, Uniglo is an ideal alternative area.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
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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