With the massive influx of new capital into the cryptocurrency market in 2021, many investors wonder which assets will provide the biggest returns in 2022. Uniglo (GLO), Polygon (MATIC), and Dogecoin (DOGE) could potentially be the year’s biggest gainers.
Uniglo is a decentralized finance (DeFi) protocol that allows users to earn interest on their deposited tokens. The project saw tremendous growth in July 2022, with the value of its native token, GLO, increasing by over 30%. Polygon, a project that is bringing Ethereum scalability solutions to the market, has also seen its native token, MATIC, increase by over 10%. Finally, Dogecoin, the meme-based cryptocurrency, has surged in popularity recently and could potentially continue to see gains in the coming year. What drives these assets?
What Drives Uniglo?
Though it only exists for a month, Uniglo’s success is hitting the headlines. The GLO token’s value is supported by the Uniglo project’s two distinctive features, complementing one another. The project comprises a vault of communal assets hand-selected and acquired by the Uniglo community. These resources will be retained as long as they are required to make money for the enterprise.
GLO has many fascinating aspects, such as amazing dual-burn dynamics and a system that becomes scarcer and scarcer as time progresses. It is entirely asset-backed by a cutting-edge vault of investments, including real-world assets, NFTs, and cryptocurrencies, without being too dependent on any of them. This gives it real power, which is why momentum is gaining.
The uniglo uniglo Cryptocurrencies Followers : 0 View profile project only just began. It just recently started pre-selling, and its official debut is set for mid-October. This is why many analysts think Uniglo will provide enormous returns at the end of 2022.
Polygon – One Of The Hottest Altcoins On The Market
Since the start of 2022, polygon polygon Crypto / Blockchain SolutionScaling Solution Followers : 0 View profile has established a number of agreements, most notably for creating web3 web3 DeFiInvestment platform Followers : 0 View profile projects with billionaire hedge fund manager Alan Howard, Draftkings, and Adobe’s Behance. Polygon has also claimed collaborations with several sectors and even worked with Instagram on NFT projects.
Polygon PoS has completed more than 1.6 billion transactions so far, with over 142 million distinct user addresses and $5 billion in assets safeguarded.
Why Is Dogecoin On The List?
Within a few days of Dogecoin’s inception, its value increased significantly—by around 300%—going from $0.00026 to $0.00095. As a result, DOGE swiftly became one of the top 10 cryptocurrencies on the market. A rise of more than 8,600% occurred in DOGE between January and May 2021.
It continued to be among the top-performing cryptocurrencies in 2021, reaching its high in May with an ATH of $0.7376 and a market valuation of more than $0.7 billion.
Analysts are generally optimistic about Dogecoin’s future. Its broader usage is predicted to increase as more businesses start accepting it as a payment form, driving the price higher.
Wrapping Up
While many different digital assets could potentially see significant gains in the year ahead, Uniglo.io (GLO), Polygon (MATIC), and dogecoin dogecoin Cryptocurrencies Followers : 0 View profile (DOGE) appear to be among the most promising. All three assets have strong fundamentals and are well-positioned to capitalize on the growing demand for digital assets. Investors who are looking for exposure to the digital asset space should keep an eye on these three assets, as they could be some of the biggest winners of the year ahead.
Learn More About Uniglo:
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
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Source: https://coinpedia.org/press-release/uniglo-polygon-matic-and-dogecoin-could-potentially-end-up-the-biggest-gainers/