Ultra-Deflationary Uniglo.io (GLO) set to go against BNB, BigEyes and Fantom – CryptoMode

The battle for liquidity has already started. Crypto projects must constantly provide value to investors as investors vote with their feet and migrate their capital to protocols that benefit them most.

A new contender, Uniglo, looks ready to upset the balance and will tackle BNB, Big Eyes, and Fantom head-on in a tussle for liquidity. 

Uniglo.io

Uniglo pioneers the digital asset standard: digital assets value-back each GLO token giving it an intrinsic floor price. Uniglo delivers a viable long-term store of value through this exposure. GLO represents a diversified and managed portfolio in a single token, and the Uniglo vault even holds high-end physical items tokenized in NFT format. 

But the most exciting mechanism found within the Uniglo protocol is its ultra-deflationary tokenomics. The ‘Ultra Burn Mechanic’ outlined in the whitepaper states that smart contracts burn 2% of every GLO transaction. This constant reduction in supply causes consistent upwards pressure on GLO’s price, and with a substantial token burn before launch, GLO can make a parabolic rally. Business2Community listed it as a token set to explode in 2022, and their predictions have always been brilliantly accurate. So an exciting few months lay ahead for GLO investors.

BNB 

BNB is the native token of the Binance Smart Chain (BSC) and the utility token of the centralized exchange Binance. BNB represents an excellent investment opportunity but cannot provide investors with more than a 2/3 X. BNB launched via ICO (Initial Coin Offering) in 2017 at $0.15 per token. It has already made astounding gains, and investors searching for serious returns must look elsewhere. 

Big Eyes 

Big Eyes has already raised more than nine million dollars in its presale. The project bases itself around the fictional feline Big Eyes, and the success of NFT sales remains crucial to the project’s overall success. With the depressed NFT trading volume and a growing number of meme coin launches, many Big Eyes investors have already begun diversifying into Uniglo. 

Fantom 

Fantom is an alternative layer one blockchain that quickly became the superstar of DeFi. Thanks to Fantom utilizing a DAG (Directed Acyclic Graph) instead of a blockchain, the network can process transactions simultaneously. This boost in scalability led investors and developers to migrate to the network. However, Fantom struggles to retain market share with the increasing popularity of layer two scaling solutions and the return to a more Ethereum-centric DeFi landscape. 

Closing Thoughts 

Prevailing market conditions present the ideal time for investors to build their portfolios. Uniglo has all the hallmarks of an undervalued crypto gem, and many analysts expect this token to blow early investors’ expectations out of the water at launch. In providing a store of value, Uniglo addresses the community’s fundamental and under-served desire and can rapidly become a top fifty project.

Find Out 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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