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If you are looking for the next hottest project in crypto, take a look at Uniglo (GLO). This project is currently on presale and projected to be a big win for early investors. It started pre-selling its native token GLO in the middle of July, and some people might have thought an unfamiliar token would not make gains in this bear market. However, GLO has been surging, increasing its price by 25% in a single day and simply melting any expectations from standby market observers. Given its growth, Uniglo is leaving projects like Chainlink (LINK) and Avalanche (AVAX) behind.
Uniglo is a novel decentralized project with a unique social currency called GLO. The project has two essential functions working together to support the price of its token. First, it has an asset vault that contains different kinds of cryptocurrencies and exciting digitized assets. This vault helps drive the demand for GLO. The profits from selling these assets will then be used to buy back GLO tokens from the secondary market. The repurchased tokens are burned to reduce the total supply of GLO in a feature called the Ultra-Burn Mechanism. With a unique structure to control supply and demand, Uniglo has attracted many investors. The total increase of GLO has already gone past 45% and continues to increase as the project nears its launch date.
Chainlink is an oracle network that powers hybrid smart contracts. It supports the mass adoption of blockchain technology by enabling developers and enterprises to interact with the smart contract economy and integrate their systems. As part of its goal to facilitate multi-chain systems, Chainlink recently completed multiple integrations of five of its services across BNBChain, Ethereum, Polygon and Arbitrum.
Avalanche also operates with smart contracts. After launching in 2020, the Avalanche platform has positioned itself as a fast, secure, affordable way to process transactions. However, Avalanche is recently affected by an allegation of engaging in malicious deals with a law firm to weaponize litigation against competitors.
The bottom line
Chainlink and Avalanche each have a position in the market and deploy their respective strategies for growth and competition. But it may be time to reevaluate your crypto picks. Invest in Uniglo today to maximize its strong potential for growth and gains.
For More Information:
Join Presale: https://presale.uniglo.io/register
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