As the crypto market starts to heat up again, investors are looking for the next big thing. Uniglo is a new player in the cryptocurrency world, and it is already making waves. Here’s why Uniglo is poised to move up before Ethereum Classic and Fantom in the next bull wave.
Ethereum Classic (ETC)
According to information provided by BitwiseInvest researcher Gayatri Dhumal, since June, the hash rate of Ethereum Classic has increased by 83%. In parallel, Ethereum’s hash rate has decreased by 11% in anticipation of the imminent Merge update.
The largest winner from the current migration of Ethereum miners has been Ethereum Classic. Vitalik Buterin, the creator of Ethereum, endorsed the contentious hard fork in late July. It’s a “great” substitute for miners, according to the Canadian coder. The ETC coin saw a significant increase after Antpool CEO Leon Lv announced a $10 million investment in the network.
Fantom (FTM)
Fantom is a blockchain with a network structure akin to a DAG. It is based on a framework called Lachesis, which enables the independent creation of blocks. Compared to other networks, this results in transactions that are cheaper and faster.
The network is compatible with the Ethereum Virtual Machine and facilitates the creation of smart contracts (EVM). As a result, programmers can install and use Ethereum dApps on the system. Due to its worldwide, leaderless Proof-of-Stake network, it is also secure.
Considering the current delays with Ethereum 2.0 and the “Merge,” Fantom is quite alluring.
Uniglo (GLO)
According to cryptocurrency specialists, Uniglo will advance in the upcoming bull wave before Ethereum Classic and Fantom. Within its first week, it expanded by 25%.
Whales and other major investors have shown interest, which raises the possibility that this is more than just a pump and dump scheme. On July 15, Uniglo.io began preselling its GLO token. As it gets closer to its October 18 public debut, it may experience significant growth.
Uniglo introduces the most recent social currency iteration, which would be supported by a strong combination of digital and digitized assets. The GLO cryptocurrency will be supported by an investment portfolio that will increase over time, as opposed to being merely speculative and subject to subjectivity.
The project will also employ a dual token burn mechanism, which combines a conventional token burn with an Ultra-Burn Mechanism, to further increase the value of the GLO token.
Learn 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 article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.