As the crypto winter rages on more violently than ever , even market leaders such as Binance and Sushiswap are facing hard times with their tokens consistently on a downtrend, following the rest of the market.
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Golteum (GLTM)
Unlike the general consensus of crypto projects which grow purely on speculative value, Golteum is an up-and-coming project that provides real value to investors through a groundbreaking innovation known as gold-backed NFT marketplace which is currently in development. The Certik-certified founding team behind the project consists of experts in the gold industry and the Golteum protocol is essentially their approach to scaling their already existing and successful business model by incorporating blockchain technology.
Additionally, to support their mission in launching a top-tier trading platform, they’ve chosen to integrate the Fireblocks Web3 Engine. This includes custody services, treasury management, risk mitigation tools, and their highly anticipated tokenization mechanism for the handling of all gold NFTs.
Investors are able to buy,sell and trade gold as they would be able to in the traditional markets, however, they are also able to benefit from the blockchains’ transparency and transactional speeds. Due to the gold-backed phygital nature of Golteum’s utility tokens, the price movements are also somewhat independent from the market, and instead follows the movement of gold and the company’s growth. This is why the value of GLTM soared by 85% since launch, going from $0.07 to $0.13, even during one of the worst crypto winters in history.
Currently, the second pre-sale for the tokens are ongoing, in line with their developmental phases. Best of all, the project founders are offering new investors a chance for a great entry with a 20% discount on GLTM for a limited time.
Binance (BNB)
Binance is currently the best contender to be the face of crypto, being one of the strongest and most trustworthy crypto exchanges in the space. It is a well known fact that Binance was one of the main reasons as to the collapse of FTX , due to the CEO, Changpeng Zhao, finding out about the malpractices and fraudulence of FTX and Alameda and whistleblowed it on Twitter even though he knew it would lead to Binance taking a large hit as well. This move was to ensure that investors were protected and informed about the space.
Yet even with the outstanding performance of Binance, they have still suffered damage during this crypto winter and the domino effect from FTX.
Sushi (SUSHI)
Unlike the other projects on the list, Sushiswap is much more straightforward. It is a decentralised exchange that allows users to swap and trade their tokens rapidly and seamlessly throughout different blockchain platforms. Sushiswap, amongst its many competitors, is considered to be the most trustworthy decentralised exchange with highly secure smart contracts and low transaction fees.
However, similar to most other protocols in Web3, the crypto winter has highly affected their performance negatively, which is reflected in the consistent downtrend of their native tokens, SUSHI, going from a stable ATH of $23.38 and hovering at the cost in 2021, and plummeting to $1.12 in 2022.
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Greenery Amidst A Sea Of Red
Yet, even amongst a sea of red, there are new utility tokens from upcoming projects such as Golteum, which is a soaring green line upwards. This is largely due to the fact that Golteum offers real value to investors and promotes the best of Web3 through blockchain technology such as security, transparency and proof-of-assets of a valuable metal, gold.
Find Out More About The Golteum Presale
Website: https://www.golteum.io
Presale: https://presale.golteum.io/register
Whitepaper: https://golteum.io/GolteumWhitepaper.pdf
Telegram: https://t.me/golteum
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