As the Uniglo ICO comes to a close, the price of the token has surged, putting it on track to join the ranks of the top 100 cryptocurrencies like Cosmos and EOS. This is a significant development for the project, which has been working towards becoming a major player in the digital asset space.
The main sale is now nearing its end, and with the current price surge, it is likely that the project will reach its hard cap of $10 million. This would put Uniglo in a strong position to compete with other major projects in space, such as Cosmos and Eos.
For a few days, ATOM defied the overall downward trend of the cryptocurrency market by continuing to rise despite significant price swings in other tokens.
Despite the extreme market fluctuations, the token continued to glide upward, gaining up to 20% in just two days. It is trading below $16, still above more than 10% of its pre-merge price of $14. The Cosmos native token has been experiencing its up and downs in an ever-ascending trendline, unlike the wider market.
EOS is a smart contract blockchain project widely regarded as the “Ethereum killer.” EOS began as an ICO in 2017 and soon rose to become one of the top cryptocurrencies.
The project was positively received because it includes many of the same capabilities as Ethereum, as well as a theoretical processing speed of 1 million transactions per second.
It is expected that Uniglo, which is presently in the last phase of its presale, will soon bring token buyers financial success. The attractiveness of this protocol is largely due to the idea that its GLO token will be backed by a range of resources, such as digital copies of real-world items and virtual currencies.
Uniglo is a decentralized autonomous organization, providing each token holder with the option to choose where they want their money to grow.
According to crypto specialists, Uniglo’s ultra-burn mechanism will drive other DeFi titans to innovate. GLO’s value may rise as its market supply decreases as a result of this procedure. This also indicates that early adopters of Uniglo.io will profit from long-term wealth building.
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