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Extreme Price Movement On The Cards As Uniglo.io Pumps Again, Outperforming Tezos And Tron

IndustryTrends

Investors are staring at the opportunity of a lifetime. Wealth inequality is worse currently than at any other point in history. Cryptocurrencies offer ordinary investors a final chance to close the gap and become financially free. The similarities between the early adoption of the internet and cryptocurrencies are incredible. Early adopters will be rewarded.

An Ethereum-based protocol Uniglo (GLO) has pumped again, and as the end of its presale draws closer, more violent movement is expected. This novel store of value outperforms crypto giants Tezos (XTZ) and Tron (TRX) and shows no sign of stopping.

Uniglo (GLO)

Uniglo has performed incredibly in recent weeks. Driven by its dynamic pricing model, more participation in the presale leads to a higher price, and capital continues to flood into the protocol. By delivering a viable store of value in the depths of crypto winter, this protocol has singled itself out to become a bear market star.

Uniglo delivers this store of value by exposing investors to a unique bundle of assets. The Uniglo Vault funds acquisitions through buy and sell taxes and holds large-cap cryptos, stablecoins, smaller-cap cryptos and NFTs. The NFTs are high-end physical goods like real estate and fine art, typically less affected by market performance, and it is through this exposure to various market segments, Uniglo hedges against volatility and benefits from growth speculation. The Vault's contents make GLO a value-backed token and allow it to appreciate over extended periods.

Tezos (XTZ)

Tezos is a layer-one blockchain with smart contract capability similar to Ethereum. However, the developers built Tezos as a self-amending blockchain and holders of XTZ can vote on proposals related to upgrades. This means Tezos will never suffer a hard fork, and the network can continuously evolve and adapt. However, Tezos has struggled recently and continues to face bearish sell pressure.

Tron (TRX)

Tron is another layer-one blockchain with smart contract capability and one that has wholly outgrown its original vision of eliminating the middleman between content consumers and content creators. Driven by its impressive throughput and low transaction cost, the Tron network has been adopted globally as an alternative monetary system. Its native stablecoin USDD is utilized by people all over the globe. But with a high-interest rate on USDD, many are worried it could collapse just like UST. 

Closing Thoughts

Large established projects have larger market caps, making it far harder for them to appreciate meaningfully. The greatest winners of the bear market will be small/medium cap cryptos that rocket through the ranks, and the investor's job is to find these projects.

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