
The post Here’s The Reason Uniglo (GLO) will Likely Finish 2022 Ahead of Ethereum (ETH) and Uniswap (UNI) in The Top Gainers List appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Uniglo (GLO), a new player in the blockchain.com
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technology industry, is becoming so popular and is expected to make it to the top gainers’ list. uniglo
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is a new project in the decentralized finance (DeFi) sphere that could grow exponentially in the coming months. Analysts say it is likely to finish 2022 on a high, even growing ahead of Ethereum (ETH) and Uniswap (UNI).
Uniglo (GLO)
What is Uniglo and where did it come from? It’s a new DeFi player making one of the latest contributions to the industry’s collection of social currencies. Uniglo is a treasury geared towards acquiring a range of digital currencies, rare non-fungible tokens, digitized collectibles, and other digital assets. As such, the native token of the protocol — GLO — is backed by multiple assets.
The project just started its presale season last July 15. As of now, it is already in the second presale phase and is flourishing. Uniglo is attracting many experienced investors and, as such, the price of GLO is sprinting. The project is still on an upward trajectory and is expected to bring massive gains to people who participate in its pre-selling activity.
Ethereum (ETH)
Ethereum is the biggest open-source blockchain for smart contracts and decentralized
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applications in the world. However, the price of its token ETH has been experiencing some volatility due to the mixture of excitement and woes surrounding the shift to a Proof of Stake consensus algorithm. One of the issues plaguing the upcoming Merge project is the fact that every ETH miner would be put out of work. As such, the price of Ethereum was trending downward within the last 24 hours as of this writing. However, ETH staking was recently seen accelerating ahead of The Merge and could help Ethereum recover in the meantime. Nonetheless, the recovery of ETH might easily be outpaced by Uniglo’s gains.
Uniswap (UNI)
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, uniswap
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is a network for decentralized apps. It is a platform for automated transactions and other smart contracts for developers, users, traders, liquidity providers, and cryptocurrency holders. Uniswap has not had a good first half of the year. The platform’s trading volume was cut by about $24.8 between May and July. In mid-August, Uniswap also took a big hit, as its native token UNI dropped by 9.4%. However, whalestats
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are still loyal to this project, even growing their UNI holdings lately. Recently, UNI became one of the top holdings of Ethereum’s 500 biggest whales.
The bottom line
Uniglo is climbing to the top of the list of massive gainers of 2022. Before this new token launches in mid-October, prospective investors might want to know more about it before taking their share of GLO tokens.
For More Information:
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
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