Lots of cryptocurrencies have been struggling recently, but it isn't bad news for all of them or the space in general. The wider crypto markets have been down, but this is because of overall market conditions rather than confidence issues with crypto itself. Stocks and shares are down big time too. Inflation is on the rise and a recession is well on its way. But the long-term viability for crypto is still incredibly strong. You might just have to shore up your portfolio with credible long-term prospects and be prepared to be a bit more patient. There's still money to be made right now, too. Not every crypto is down. The ones that have shown the ability to stay strong right now could have even bigger gains in the future when the markets finally turn for the better. And there's one new crypto that has seen an incredible increase in demand, that crypto is Uniglo. Experts think it has an incredibly strong future in space. Let's look at why…
Demand is increasing for Uniglo while it's still only in pre-sale. This gives you key benefits over the rest of the market if you invest early, and the chance to enjoy even bigger gains once it launches officially. GLO has a ton of interesting features that include radical burn mechanics alongside a full asset-backed store of value. With the GLO vault, you get a solid price base that's protected by a range of assets which include NFTs and actual gold. This gives GLO holders a gold standard for its base price and the belief that it can enjoy incredible long-term success.
Fantom is an incredibly strong and fertile breeding ground for new blockchain developments and has shown the ability to attract developers alongside becoming the place to be for all sorts of interesting projects. It has struggled recently, and experts think it might have further to fall before finding a true bottom. But when it does, it might arguably be the time to invest as FTM still has a great future in the space.
Stepn is another crypto that may be approaching its bottom. It's an interesting project that has a ton of potential as it rewards users for physical activity and could be one that goes mainstream with its solutions for keeping fit with a blockchain twist. It might have further to fall, but it could be one that thrives once the bear market is over. That's why experts think it might be time to invest in GMT soon if you are prepared to wait for longer-term gains.
While FTM and GMT might be on the way down, they do still have the potential for the long-term. But not as much potential as GLO, which has a ton of credentials that make it one of the best crypto projects the space has seen for some time. Demand is up for a reason, and now could be the perfect time to buy.
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
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.