September is said to be a sleepy month for Bitcoin (BTC). Historically, the price of Bitcoin has been sluggish at the start of the ‘ber’ months. However, the same is not the case for Uniglo (GLO), Ravencoin (RVN), Celsius (CEL), and Terra (LUNA). The four projects might be a mixture of familiar and not-so-familiar names. But one thing is constant: their prices have been soaring this month.
Uniglo (GLO)
Uniglo (GLO) is a top gainer this September. It is a new decentralized finance (DeFi) project based on Ethereum that recently deployed a special Community Asset Vault. The Uniglo community is busy selecting which digital currencies and non-fungible tokens (NFTs) to include in the vault. As a decentralized autonomous organization (DAO), each GLO investor would have a say in what assets to accumulate for the vault. The selection is crucial since the vault was designed to promote the price of GLO. As the curated assets appreciate, the GLO token increases its value, and investors benefit.
Ravencoin (RVN)
Ravencoin is showcasing some growth this month as well. As a Bitcoin fork, Ravencoin is a system of computers for peer-to-peer transactions. It also offers interesting and innovative features that enable a platform for developing a new class of crypto assets. A key feature of Ravencoin is its block time of only one minute, which is impressive compared to Bitcoin’s 10 minutes.
Celsius (CEL)
The price of Celsius’ CEL is also increasing despite an ongoing case before the Bankruptcy Court. The project announced its plans to give back $50 million worth of digital assets owed to clients. After realizing a $2.85 billion loss earlier this year, Celsius filed for Chapter 11 bankruptcy, which led to the freezing of over a million client accounts.
Terra (LUNA)
The Terra project is also on a resurgence. As you may already know, Terra experienced a devastating collapse in May caused by the downfall of its UST stablecoin and LUNA native token. This collapse resulted in a market-wide crypto crash. However, the team behind Terra is focused on recovery efforts, which seem to be paying off, as the price of LUNA increased by over 200% in mid-September.
Final thought
The four projects above prove to be top gainers. Uniglo particularly has strong potential to make gains. Its token GLO is currently on presale and is set to launch publicly in the middle of November. Research and learn more about this decentralized project and how it offers easy diversified investment opportunities.
For More Information:
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/2022/09/biggest-price-hikes-in-september-uniglo-glo-ravencoin-rvn-celsius-cel-and-terra-luna