Investors must act quickly. It is their job to wade through the bearish narrative, dispel the fear and take action. Most investors will miss the bottom; worse, most will fail to take advantage of the current valuations waiting for lower lows. Investors should try to deploy most of their capital in a range close to the bottom instead of trying to time the bottom because timing the bottom is impossible.
Three crypto projects that investors should not miss are Uniglo (GLO), Polygon (MATIC), and Ethereum Classic (ETC), which at their current prices, are unbelievable buys, primed to fly in the coming market reversal.
Uniglo provides a store of value via leveraging asset ownership. Uniglo takes advantage of the emerging trend to tokenize physical assets allowing the protocol to store NFTs in its Vault representing high-end physical collectables. The Vault also holds other digital assets, ranging from large-caps, BTC & ETH, for long-term price appreciation, to smaller-cap cryptos for growth speculation. By mixing asset classes, GLO provides a blend of wealth preservation and growth speculation in a single investment vehicle.
On top of this, Uniglo introduces a revolutionary burning strategy titled The Ultra Burn Mechanic. This sees 2% of every transaction automatically burnt, and periodic buyback and burns of the GLO token from the open market. By decreasing the total supply, the inherent value of each GLO token will rise, further guaranteeing an appreciating valuation.
Starbucks has partnered with Polygon to introduce its NFT community programme. This is another massive business partnered with Polygon, and this layer two scaling solution continues to go from strength to strength.
Initially conceived to allow everyone to access Ethereum, Polygon continues to expand, working towards this goal. As adoption grows, the requirement for scaling solutions grows more acute, and Polygon continues to develop and deploy ZK Rollups to allow more people access to Ethereum’s ecosystem. With increasing numbers of transactions and still no breakthrough regarding scalability on the Ethereum network, Polygon’s value proposition continues to grow.
Ethereum Classic (ETC)
Ethereum Classic is likely to be the greatest benefactor of the Ethereum Merge. Not only has ETC seen a swathe of miners join its network boosting its security and hash rate, but with the growing concerns regarding centralization, many investors will begin to leave Ethereum and gravitate towards Ethereum Classic.
Ethereum’s new PoS (Proof of Stake) consensus mechanism will prioritize larger validators, which is clearly seen with just seven central validators owning more than two thirds of the staked ETH on Ethereum’s proof of stake network. As fears of centralization grow and materialize, more and more investors will move to Ethereum Classic and this increased demand will cause a massive rally in price.
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