The cryptocurrency market has experienced a tumultuous year, with failed projects, liquidity issues, and the fallout of FTX causing extreme volatility. Significant assets have reached record lows, prompting investors to seek stability.
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Amidst these challenging times, cryptocurrencies like Fantom (FTM), and Ethereum (ETH), have managed to defy the downtrend and stay relevant in the crypto market, nevertheless, another cryptocurrency Golteum (GLTM) has emerged out of the rubble with the hope of delivering gains and offers hope to investors through stability in this volatile period.
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Fantom (FTM): A Consistent Performer
Fantom’s native token, FTM, is part of a smart contract blockchain network renowned for its scalability and applications in DeFi, crypto dApps, and enterprise solutions.
While other cryptocurrencies faced losses in recent months, FTM has decoupled from the market and demonstrated consistent growth. Currently trading at $0.2338, FTM has rallied by 21% in the past month, rewarding its holders with impressive returns.
Ethereum (ETH): Experts Price Predictions Shows High Expectations for 2023
Ethereum, the leading altcoin, has seen a 12% increase in price over the past month, reaching $1,217.11 at that time. The Shanghai Update, also brings many benefits as it will introduce numerous upgrades to the proof-of-stake network.
Notable changes include the ability to withdraw previously staked tokens and significant enhancements to the Ethereum Virtual Machine (EVM). Gas fee reductions for Layer 2 solutions on the Ethereum blockchain are also expected, further boosting its appeal.
Golteum (GLTM): The Gateway to Guaranteed Gains
Golteum is a platform that offers a place where users can simultaneously trade crypto assets and precious metals, which are standard ERC-1155 NFTs. Teaming up with Fireblocks, Golteum integrates the platform Web3 Engine, providing custody services, treasury management, risk mitigation tools, and a robust tokenization mechanism for gold NFT handling.
In a time of declining cryptocurrency prices, Golteum offers investors refuge by combining the security of precious metals with the benefits of blockchain technology.
The value of precious metals-backed assets remains indisputable, particularly during inflation and limited supply. Golteum enables investors to trade fractional NFTs backed by physical precious metals, with added features such as stop and limit orders, price alerts, and automatic portfolio tracking.
Moreover, the native token of the Golteum ecosystem, GLTM, has shown remarkable success during its initial pre-sale phase. With a price jump from $0.0074 to $0.012 in the second presale round, GLTM private sale investors have already seen a 90% increase, but there is still more benefits for investors.
GLTM’s presale Round 2 is now underway at a price of $0.012 per token, and the price of GLTM tokens are expected to increase 700%, with room for even more upside as the token gets listed on exchanges. All participants in this round will also receive an exclusive 15% bonus on each purchase, creating an incredible opportunity for investors.
Experts like the Bolton Consulting Group have forecasted that the total market cap of the tokenized assets industry has the potential to reach $16 trillion by 2030. They also predicted that GLTM could rise in value to up to $5 when it is listed on major crypto exchanges.
GLTM holders further benefit from fee discounts on platform subscriptions, and future staking opportunities promise high annual percentage rates (APRs) exceeding market standards.
To ensure transparency and trust, the GLTM smart contract and team have undergone thorough auditing and verification by Certik, a leading blockchain security expert. Six team members have also been KYC’d by Certik, showing Golteum’s commitment to transparency.
As we approach a new trading year, it is prudent to seize the opportunity presented by GLTM. Fantom and Ethereum have shown over the years that they can be profitable during extreme volatility.
Golteum, on the other hand, has the potential to surpass both tokens, by building a platform that combines the stability of precious metals and smart contract functionalities, giving its token ample utility to ensure benefits for both long-term and intraday traders.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/06/28/defying-market-downtrend-fantom-ftm-ethereum-eth-and-golteum-gltm-thrive-in-volatile-times/?utm_source=rss&utm_medium=rss&utm_campaign=defying-market-downtrend-fantom-ftm-ethereum-eth-and-golteum-gltm-thrive-in-volatile-times