We are now well into the second half of 2022. The first half was riddled with losses and heartbreak, with the Terra Luna crash and an all-out price dip across the cryptocurrency market.
Could the second half of the year be a brighter time for investors? With three of our handpicked cryptos, the remainder of 2022 could present much better days. In this article, we discuss the earning potential of Uniglo (GLO), Cardano (ADA), and Solana (SOL), which you could maximize this year.
Uniglo (GLO)
Uniglo is a new Ethereum-based protocol that is making waves in the decentralized finance (DeFi) space. It offers a social currency that is expected to achieve consistent growth notwithstanding bear markets or price fluctuations.
Where does its earning potential come from? It comes from two things. First, Uniglo has a multi-asset-backed treasury, which means the community will own a diversified investment portfolio that will generate profits for GLO token holders.
Second, the Uniglo protocol will also implement an idiosyncratic Ultra-Burn Mechanism. This mechanism will limit the token supply over the long term, ensuring more profits would be shared within its community.
Cardano (ADA)
Much like Ethereum, Cardano enables smart contract building and the creation of decentralized applications and protocols. Compared to Ethereum, Cardano requires minimal costs to facilitate transactions, which has been a boon for many enterprises and investors. Moreover, it is already using a proof-of-stake consensus, ahead of Ethereum’s Merge project. Cardano is also in the process of implementing its Vasil hard fork, which is expected to augment the network’s scaling capabilities.
Solana (SOL)
Similar to Cardano, Solana offers high-speed transactions at low costs. To drive scalability, Solana applies a unique combination of a proof-of-stake consensus and a “proof-of-history” mechanism.
The leadership in Solana is serious about building the reputation of their network through access, education, and experience. Recently, Solana opened the first of a series of physical retail stores that will be dedicated to Web3. Not only does the new store offer Solana gear and merchandise but it also allows customers to visualize and experience non-fungible token (NFT) products. The store also enables customers to set up their Phantom wallet and learn more about DeFi and other reward-earning games and projects.
Final takeaway
Before the year ends, make sure to research these three cryptos to learn more about their opportunities for gain.
For More Information:
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 paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
