Uniglo (GLO) Potential Gains Could Be 25x More Than Polygon (MATIC) Or FTX (FTT) As Bullish Market Reversal Looks Imminent –

If you’re looking for massive potential gains in the cryptocurrency market, then you should keep an eye on Uniglo (GLO). While Polygon (MATIC) and FTX (FTT) have been generating a lot of buzz lately, Uniglo could offer gains that are 25x more than either of them. How?

Uniglo (GLO)

Few recent market high-fliers have caused as much excitement as Uniglo (GLO). 

GLO is built on a foundation of solid basics and is a one-of-a-kind project we believe the crypto industry has been waiting for. GLO is fully deflationary, so if you’re concerned about your dollars losing value over time, don’t fret. Instead, get some GLO. 

To ensure the stability of the $GLO, the Glo Foundation has imposed a 10% tax on all transactions that are redistributed for several purposes: 1% goes to marketing, 2% is redistributed to liquidity pools, 5% funds the Treasury, and 2% is burnt. 

The built-in 2% burn is part of Uniglo’s groundbreaking ultra-burn mechanism, which is meant to constantly limit the supply of $GLO on the market, hence increasing the value and allowing investors to benefit from better returns. Uniglo also intends to create a completely asset-backed social currency. Uniglo is launching a vault containing rare NFTs, leading cryptocurrencies, and digital gold to back up $GLO. The 5% treasury tax is intended to support and develop this vault. Profits from this vault will be used to purchase back more $GLO from the secondary market and burn them.

This double-burning mechanism assists Uniglo in maintaining the value of its asset-backed currency, remaining strong even during adverse trends, and generating 25x more significant rewards for investors during bull runs.

Currently in presale mode, $GLO is affordable and available to every background investor and welcomes newbies with a 5% bonus.

Polygon (MATIC)

Polygon (MATIC) is a sidechain scaling solution that enables faster and cheaper transactions than Ethereum’s blockchain. One can easily connect their tokens to the Polygon network and gain access to a vast array of Ethereum-based decentralized applications. MATIC is the ecosystem’s native asset and is utilized for governance, staking, and network fee payment.

The greatest benefit of Polygon is its near-instant transactions, which make it simple for new users to gain expertise with DeFi protocols. This alone could be the impetus for MATIC’s value to increase exponentially once the market turns green. In the interim, bag holders are accumulating passive returns from network security in their portfolios.

Even while bullish indicators strongly predict MATIC’s future success, analysts do not anticipate explosive growth s it could be in the case of GLO. 

FTX (FTT) 

FTX (FTT) is another relatively new cryptocurrency exchange that is gaining popularity rapidly. FTX, like Uniglo, provides a variety of features that make it an intriguing investment option. One of the most enticing benefits of FTX is its minimal trading costs. In addition, the exchange offers a variety of coins for trading, including other altcoins with a lower profile. This makes FTX an ideal option for investors seeking to gain early access to potentially lucrative projects. 

Bottom Line

While a bullish market is a favorable indication for all cryptocurrencies, Uniglo promises investors a 25-fold increase in their holdings. Uniglo is exposed to the public in a presale mode; hence, it has a significantly smaller market capitalization than either Polygon or FTX, indicating a great deal of growth potential.

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Source: https://www.thecoinrepublic.com/2022/07/23/uniglo-glo-potential-gains-could-be-25x-more-than-polygon-matic-or-ftx-ftt-as-bullish-market-reversal-looks-imminent/