There’s one coin entering pre-sale right now that’s got a lot of market-onlookers talking: Uniglo. It solves a number of issues present in both the crypto and fiat markets, especially with its ultra-deflationary model. And many are saying this new crypto project could reach the heights of DOGE, SHIB and beyond. So why is this project incredibly important in the financial space right now? Let’s have a look…
Uniglo’s ultra deflationary model is what the finance world has been crying out for
You’ve probably already seen how much inflation is growing right now. That means your dollars are becoming less valuable every single day. It’s also why prices in supermarkets are way up. The problem is, fiat scrapped the gold standard a few decades ago. The dollars you own simply aren’t backed by any real store of value right now. And whenever a government needs more money—they can simply print it. This leads to hyperinflation and makes your savings worth even less, and it’s a major issue in the financial world right now.
Uniglo is a community-driven coin that actually has a real asset-backing. Its price is backed on a 1:1 level by a range of assets. These assets aren’t just crypto projects and NFTs, but also digitized versions of real-world assets like art and gold itself. This provides a strong and stable value that people can have faith in. GLO is also completely deflationary because more coins will never be created. Supply is always going down (unlike fiat and some other cryptos). GLO uses a double-burn mechanism to make sure tokens are always being taken out of the market, creating a completely deflationary infrastructure that becomes more scarce over time. That’s why GLO is an incredibly important project in the crypto world right now, and it could go on to surpass some of the biggest names in the business.
What about DOGE, SHIB and SAND?
These three are also important projects in the crypto world. People are still predicting big things for them, but GLO has the opportunity to catch up and then overtake their success.
DOGE has long been hailed as the people’s crypto, and has huge backers like world-famous entrepreneur and one of the planet’s richest people—Elon Musk. Doge also helps solve some utility problems in crypto by allowing faster transactions and low fees—creating an actual spendable cryptocurrency. But its price isn’t stable, and neither is SHIB or SAND.
All three of DOGE, SHIB and SAND have potential in crypto, but they don’t have the huge anti-deflationary upsides and real store of value potential that GLO offers its users. GLO is just entering pre-sale, so now could be the time to buy.
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
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/07/new-ultra-deflationary-crypto-uniglo-glo-set-to-rival-dogecoin-doge-shiba-inu-shib-and-sandbox-sand