After a bearish first half of 2022, crypto markets have posted some impressive gains. Since mid-June, several cryptocurrencies have doubled and tripled in price. Moreover, sales of pre-launch token offerings have been on fire.
Here are three assets that have surged over the past six weeks, and one that is currently in presale mode that offers gains prior to launch and is expected to surge once it hits exchanges.
Polygon (MATIC)
Polygon is a layer-2 scaling solution for Ethereum. Recently the platform became 100% Ethereum compatible and has since seen a surge in price.
The price of MATIC has risen an astounding 200% since mid-June. After briefly breaching the $1 mark, MATIC is currently hovering around $0.90. As you might expect, the next resistance levels that need to be tested are $1.50 and $2.00.
STEPN (GMT)
STEPN is an app that tracks peoples’ workouts, walks, and runs and rewards them with GMT tokens that can be used for various rewards. STEPN is one of the types of consumer apps that has the potential to see mass adoption. If this happens, GMT could provide a 10X to 50X return in the coming years.
GMT popped more than 100% since mid-June. Just like MATIC, the price briefly crossed the $1 mark and now sits in the low 90s with the same upcoming resistance levels.
Fantom (FTM)
Fantom (FTM) is an open-source blockchain that’s highly scalable, secure, and, most importantly, cross-chain compatible with the Ethereum network. Unlike most other Layer 1 blockchains, Fantom gives users the ability to create their own private or public ledgers rather than working on a central ledger. Also, Fantom is far faster and far less expensive than Ethereum.
FTM has gained about 80% since mid-June to hit $0.35. It’s now just a penny less. A 200% rise stands between today’s price and the next resistance levels.
Uniglo (GLO)
Uniglo’s GLO token is up in price for a different reason than the precious three assets. GLO is currently in presale mode. There are three phases to the presale and the price of the token rises after each round ends thus making the token a bit more expensive for the next round. Recently the price rose by 25% and is expected to rise even higher after two more rounds.
GLO is a treasury-backed crypto investment token that provides holders with exposure to a diversified portfolio of digital assets including cryptocurrencies, NFTs, plus tokenized collectibles such as art and commodities such as gold.
The treasury that’s used to invest in these assets is funded by a 2% buy and sell tax on aftermarket sales of GLO tokens. That means that no matter which way the market is headed the treasury and portfolio continually grow larger. In fact, the more volatile the markets, the faster the treasury grows.
Furthermore, a portion of the profits from the sale of assets is used to buy back and burn GLO tokens thus reducing the circulating supply and giving a boost to the price. These features especially benefit early adopters and long-term holders.
Uniglo is a DAO. That means that all of the investments and sales of assets are voted on by the entire community. The more tokens one holds, the more votes one gets.
The presale ends in mid-October. To get your hands on GLO tokens before they hit exchanges, visit the Uniglo.io website where you can also check out their whitepaper, roadmap, and other goodies.
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
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