Uniglo.io (GLO) ICO Is Selling Faster And Faster, Bullish ROI To The Likes Of Synthetix (SNX) And PancakeSwap (CAKE) Expected

1 year ago 104

The post Uniglo.io (GLO) ICO Is Selling Faster And Faster, Bullish ROI To The Likes Of Synthetix (SNX) And PancakeSwap (CAKE) Expected appeared first on Coinpedia Fintech News

Investors not utilizing on-chain data are operating in information asymmetry and losing a competitive advantage needed to succeed in crypto markets. Watching the flow of funds allows an investor to see where capital is being allocated and, therefore, where the gains will be made.

Uniglo’s ICO (Initial Coin Offering) devours capital from multiple chains as investors flood the presale. The project has already built an incredible amount of momentum, and its bullish ROI (Return On Investment) is expected to outperform Synthetix (SNX) and PancakeSwap (CAKE). This is no easy feat, and Uniglo is a project investors would be foolish to miss.

Uniglo (GLO)

Uniglo has benefitted massively from the bearish market sentiment. By providing a stable store of value that grows with time, the project has attracted highly capitalized players from across the digital asset realm.

Why is Uniglo Selling so Fast?

The Ultra Burn Mechanic. Outlined in the Uniglo whitepaper is a revolutionary deflationary mechanism. With 2% of every transaction sent to the Uni Abyss, a burn wallet with an unknown private key, Uniglo’s total supply will rapidly decrease when it launches on the open market. When GLO becomes scarce, basic economic principles dictate its price will rise. And investors taking part in the presale are loading up on GLO whilst it has a large total supply that will appreciate as the token becomes rarer. This ICO is an excellent opportunity and offers scarcity in an era defined by inflation.

Synthetix (SNX)

Synthetix has seen an influx of users after bringing options trading to DeFi. SNX is the platform’s native token and is used to mint synths that track real-world assets such as gold and silver. 

Synthetix has delivered the best of the TradFi trading markets to DeFi and allows traders to speculate on the prices of digital assets without purchasing the underlying asset. Opening DeFi to broader market trading has naturally led Synthetix to climb in popularity and SNX to rally in value. 

PancakeSwap (CAKE)

CAKE is a token every DeFi enthusiast knows about or owns. It provides some of the best yield-generating opportunities within DeFi and is the liquidity incentive token for the Binance Smart Chain’s premier decentralized exchange. 

PancakeSwap remains the most visited DeFi exchange and is central to the decentralized ecosystem. Investors earning CAKE now can lock it for up to a year for increased yields, and those who lock CAKE gain a yield boost on the classic CAKE-BUSD pairing. It is yield farmer’s dream token. 

Find Out More Here

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

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

Read Entire Article