Hidden crypto gems. Small cap crypto projects that go on to become giants in the sphere. Everyone knows the famous Bitcoin pizza story where one man traded 10,000 Bitcoins for two pizzas. Long-term holders of BTC have grown incredibly wealthy, specifically those who bought in prior to 2013. However, as Bitcoin has matured as an asset, its old mania phases have disappeared.
The new projects with insane growth potential are all small cap altcoins, and this is where investors must search if they want to find the next hidden crypto gem. Two classic examples are Fantom (FTM), traded at $0.01 at the start of 2021 and hit a peak of $3.40 later that year in November, and Shiba Inu (SHIB), which saw gains of more than 46,000,000% in 2021.
A new Ethereum-based protocol called Uniglo could be the next crypto unicorn with an impressive whitepaper and roadmap. This new social currency could outpace both Fantom and Shiba Inu; currently, in its presale, Uniglo has the potential to be a top gainer in 2022.
Uniglo (GLO)
Uniglo is a community-owned token backed by a treasury. This year has seen inflation soar and massive price volatility in the digital asset sphere. With a choice between fiat with its constantly eroding value or cryptocurrency with huge volatility, investors struggle to find any store of value where they can preserve their wealth. Uniglo builds on the techniques used by the ultra-wealthy for generations, storing wealth in assets, and uses blockchain technology to introduce a new form of currency.
The GLO token will have a tangible asset backing with the Uniglo Vault holding a range of digital, real-world, and NFT assets. The Vault will hold stablecoins to protect against volatility, large-cap cryptos such as BTC & ETH to benefit from long-term price appreciation, digitised gold, and as asset tokenisation grows in popularity, more and more real-world collectables. The GLO token represents a treasury that allows investors to preserve their wealth and derive the benefits of asset appreciation. This new token will launch in Q4 later this year, and it could be one of the most exciting launches of 2022.
Fantom (FTM)
An established player in the DeFi (decentralised finance) ecosystem, Fantom’s mainnet, the Opera Network, is favoured by DeFi enthusiasts and has one of the most colourful ecosystems of any layer one project. This ultra-scalable network quickly powered its way through the rankings in 2021 as more and more investors and developers flocked to the Opera Network.
FTM, the native token, currently trades at $0.32, and although the current price is still a great entry point, those lucrative early gains have already disappeared.
Shiba Inu (SHIB)
Shiba Inu is a token that dominated headlines across the world in 2021. It is a brilliant example of market psychology. SHIB enjoyed a meteoric rise on the back of two events, the rumour that RobinHood would list it and Elon Musk tweeting about the token.
SHIB certainly still has potential, but the probability of it making another blistering run like 2021 is low. The early adopters have been rewarded; gains can still be made, but life-changing gains cannot be.
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/2022/08/uniglo-glo-offers-an-amazing-roadmap-and-whitepaper-that-could-compete-with-shiba-inu-shib-and-fantom-ftm