Uniglo (GLO) has been on a tear lately, and it doesn’t seem to be slowing down. The decentralized cryptocurrency’s price has increased by 45% in the last week and is now worth more than $0.0145. FOMO in the Cronos (CRO) and Polygon (MATIC) communities has led to this success.
The fear of missing out surrounding GLO is only getting stronger as its price continues to rise, so don’t be surprised if we see even more buyers enter the market in the days and weeks ahead. If you’re looking for a high-yielding investment with plenty of upside potential, GLO is worth considering.
Uniglo (GLO)
Uniglo is a new DeFi community-based initiative that began pre-selling its GLO token on July 15th. This new DeFi project will include an asset-backed community vault containing diverse assets, including digital assets and digitized real-world treasures, collected by the Uniglo community to underpin the value of GLO. The chosen asset mix in this vault optimally mitigates the inherent volatility of the digital currency.
Uniglo is the key to wealth preservation. This new social currency returns to the core economic concepts that give money value while leveraging the programmability of blockchain. Like the old gold standard, Worth backing offers inherent money value, yet the dollar’s genuine value has drastically dropped due to decades of expansionary government policies.
FOMO For Uniglo (GLO) In Cronos (CRO) And Polygon (MATIC) Communities
Cronos (CRO) is a decentralized finance (DeFi) protocol that allows users to earn interest in their cryptocurrency holdings. Uniglo has more potential than GLO because many well-known and popular assets back it, and its deflationary token makes it ideal for investors. Many CRO holders have moved their coins into GLO, driving the latter’s price.
Polygon (MATIC) is a scalability solution for Ethereum that enables fast transactions at low fees. However, the amount of development work for Polygon has decreased. This sentiment can indicate that the developers aren’t working on updates or enhancements. Thus, this can be a reason for caution. More people are turning to DeFi protocols in search of yield. And like Cronos holders, many Polygon users are moving their coins into GLO.
Bottom Line
So far, it seems like Uniglo is well on becoming a significant player in the crypto space, and keeping track of its progress made in this quest is quite thrilling.
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
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