Some assets withstand looming recessions, inflation, and general economic downturns. However, these asset characteristics in cryptocurrencies are rare. Most are volatile, with frequent double-digit swings in both directions.
Nevertheless, despite the current economic situation and the nature of cryptocurrencies, we have identified at least one asset that fits these criteria: Uniglo (GLO), which should not be missing from your portfolio.
Uniglo (GLO)
Uniglo is an extraordinary cryptocurrency built on the Ethereum (ETH) blockchain with a multi-asset-backed token called GLO. The so-called ‘GLO Vault’ engages in short- and long-term investment strategies to maximize growth and fuel the buyback and burn. However, the most outstanding utility of Uniglo is the ‘Ultra Burn,’ fueled in two ways:
- Percentage of the trading volume
- Partial trading profits of the ‘GLO Vault’
In its presale stage, Uniglos’ price increased by more than 40% due to its exceptional utilities and potential. In addition, investors’ feedback indicates a reminiscence of Shiba Inu (SHIB) and Eos (EOS) in their early days.
Shiba Inu (SHIB)
Shiba Inu is a Japanese-dog-themed altcoin, and besides Dogecoin (DOGE), it is one of the most significant meme coins on the market. SHIB was created on the Ethereum (ETH) network in 2020 and peaked at an astonishing $41 billion market cap a year later. Today the Shiba Inu Ecosystem, besides SHIB, consists of the tokens Leash (LEASH) and Bone (BONE) but also developed the ShibaSwap, an Incubator, and Shiboshi NFTs.
Eos (EOS)
Eos is a decentralized platform to host dApps, specifically for businesses. It allows developers to create and run decentralized apps similarly to regular web-based apps with authentications, permissions, data hosting, and more. The project boasts the ability to handle millions of transactions per second, which is a goal rather than a reality. Interestingly, a subsidiary of Eos is looking to build a new cryptocurrency exchange with investors such as Peter Thiel and Mike Novogratz.
Conclusion
While Shiba Inu (SHIB) and Eos (EOS) are two significant altcoins that skyrocketed last year, Uniglo (GLO) is still in its presale stage and offers a tremendous buying opportunity for investors. In addition, GLO is currently rated as ‘low risk’ due to the utilities that act as a shield against any downside volatility. As a result, the potential gains outweigh the risks on Uniglo by a significant margin. It’s a must-have for your portfolio right now.
Learn 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
