Hot New DeFi Project, Uniglo (GLO) Set To Take On The Likes Of Cardano (ADA), Dogecoin (DOGE) And Polkadot (DOT)

July 21, 2022

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Does your portfolio need some more strength in it right now? If you’re like many others in the crypto world at this point, it probably does. Some of the recent losses have been hard to take. But it’s not all over for crypto—far from it. It’s here to stay, you might just have to start thinking about the long term and stop checking those hourly charts. And not every crypto has had a bad month or so, some have still performed really well and shown true bear-market resilience.

These coins that can thrive despite market conditions are the ones that could pay off even more in the long run. Even so, you still need to know the right crypto projects to invest in. That’s why market analysts are predicting huge things for Uniglo, the hottest new project in the crypto world. It has more than the potential to take on and surpass some of the most popular altcoin projects around, including DOGE, ADA and DOT. Let’s have a look at why…

Uniglo (GLO)

GLO has a ton of strong fundamentals built-in to its core. It’s an incredibly unique project, and one that we think the crypto world has needed for some time. Not just the crypto world, fiat too—as GLO solves a ton of issues present in the wider financial world.

That’s because GLO is completely deflationary. If you’re worried about your dollars becoming less and less valuable over time—don’t be. Pick up some GLO instead.

Uniglo has a vault of investments that help provide extremely solid 1:1 asset backing. This vault even includes digitized versions of gold, providing a true store of value and a price that isn’t at the whim of sentiment or boom and bust cycles. Fiat lost its gold backing long ago, meaning governments were free to print money through quantitative easing. This is impossible with GLO, which continues to become more scarce over time thanks to a unique dual-burn mechanism.

GLO also gives investors the opportunity to share a piece of investments they previously wouldn’t have been able to afford, like a slice of digitized fine art. It’s completely community-driven and has full DAO votes on all important decisions. Analysts love GLO for all these reasons and more, so you should look at it closely over the coming weeks. And it’s still available in pre-sale.

Cardano (ADA)

Cardano is one of the more established altcoins on the market, it’s been around some time. But that doesn’t mean its time is over, it still has plenty to say in the crypto world. But whether it’ll outpace GLO over the next few months and years remains to be seen. Most analysts are backing GLO.

Dogecoin (DOGE)

The people’s crypto, backed by Elon Musk amongst others, has had a crazy couple of years. It solves key issues in the crypto world with fast transactions and low fees, so it still has a bright future. That’s why people are still investing in DOGE, and it’s arguably available at a big discount right now.

Polkadot (DOT)

Polkadot makes it easy for users to transfer assets across the crypto space, and its coin DOT still has a big future. Analysts predict that DOT could continue to be a big part of the development of the crypto world over the next few years, so it’s still a great option for your portfolio.

Conclusion

GLO has the potential to take on some of the biggest altcoins around, like DOT, DOGE and ADA. Still available during pre-sale, more and more savvy market onlookers are liking the potential of GLO.