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Uniglo (GLO) Makes Waves in Curve (CRV) and Chainlink (LINK) Communities After Huge Move Up

Uniglo (GLO), the little-known altcoin, has been making big waves in the crypto world after a recent substantial price surge. The unassuming coin has now caught the attention of the Curve (CRV) and Chainlink (LINK) communities, two of the largest and most influential groups in the crypto space. While it is uncertain whether Uniglo can continue this impressive run, the coin has definitely caused a stir in the crypto sphere and is one to watch in the coming months.

What is Uniglo (GLO)?

Uniglo (GLO) has a lot to offer investors and consumers and is rapidly gaining popularity. Many indicators testify to the immense potential of Uniglo, but the team’s commitment to openness and a documented and well thought out strategy are the key.

Uniglo, unlike many other projects in the same field, does not seek to imitate others. Instead, the team has developed a unique method of using blockchain-based technologies that gives them a competitive edge.

Uniglo’s tokenomics approach benefits both short- and long-term investors. The team has developed a buyback and burn plan to limit token supply and increase token demand. Therefore, the price of the token is expected to increase in the future.

Investors with a long-term horizon are increasingly interested in the GLO token due to its huge potential for consistent profit. Following the development team’s latest Know Your Customer verification and audit, usage of Uniglo is growing rapidly, even during its pre-sale phase.

GLO has already surpassed its initial price, selling at $0.0135 per share. The 35% increase in the first two months of existence demonstrates the potential of the project, and the industry as a whole has high expectations.

Why are the Curve (CRV) and Chainlink (LINK) communities heading to Uniglo (GLO)?

Curve (CRV) is considered one of the most popular Automated Market Maker (AMM) platforms in the cryptocurrency space due to the highly efficient way it allows users to trade tokens while maintaining low fees and low slippage due to the fact that it only supports liquidity pools composed of similarly behaved assets.

However, since the start of 2022, Curve has seen fluctuations. Despite the mostly positive nature of the token, it was highly volatile and sensitive to market changes.

To work, blockchain-based applications and smart contracts need accurate and up-to-date data. Chainlink, powered by its native crypto asset LINK, functions as a bridge to integrate trusted data from outside the blockchain, such as widely used interest rates, into smart contracts written on the blockchain.

Chainlink’s price analysis for September 2022 suggests that the market is exhibiting a partial downtrend and accumulating huge negative momentum, indicating a market decline for LINK.

Curve and Chainlink may have a bright future, but the upcoming bears will continue to scar their performance as neither of them are designed to withstand volatility.

This may be the main incentive for the Curve and Chainlink communities to adopt Uniglo. The native token of a newly introduced Ethereum-based token is backed by a unique combination of digital and physical assets, and ultra-etching is used to make the token rarer.

The combination of a hyper deflationary model and a support mechanism makes Uniglo a reliable solution for earnings growth. This has already been demonstrated by the phenomenal success of Uniglo in presale – a price increase of 35% in a very short time.

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