Monday, January 30, 2023
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    What is GLO and will it be a good buy


    Uniglo and Tamadoge are the 2 most hyped cryptocurrencies of 2022. Tamadoge has change into extraordinarily fashionable such that the builders raised $8.5 million inside 24 hours from buyers. On this article, we are going to clarify what Uniglo is and whether or not GLO, its native token can be a great funding.

    What’s Uniglo?

    Uniglo is an upcoming blockchain venture and cryptocurrency that can be unveiled within the subsequent few months. In accordance with its whitepaper, Uniglo is a community-based social foreign money that can be backed by digitized tangible belongings, cryptocurrencies, and uncommon NFTs. 

    The objective of this cryptocurrency can be to cut back the substantial volatility that exists within the cryptocurrency business. This is a crucial factor contemplating what we now have skilled within the crypto business the place the value of most cash has crashed by over 50%. 

    There can be 218,750,000 GLO tokens that can have an extremely burn mechanism. 80% of these tokens can be bought to the general public whereas 7.3% can be added to a liquidity pool. 5% of them will go to the Uniglo Basis whereas 5% and a couple of% will go to growth and advertising. 

    Uniglo value prediction

    Like Tamadoge and Sweatcoin, it’s unimaginable to do a Uniglo value prediction because the coin has not been launched. In accordance with the builders, the primary pre-sale occurred between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there can be a token sale between fifteenth September and fifteenth October. 

    This era may also embrace the launch of the GLO token by means of an airdrop. The ultimate main step can be wrapping the token for multi-chain capabilities. 

    So, is Uniglo a great cryptocurrency to purchase? Whereas Uniglo has been extraordinarily hyped, we imagine that it’s a particularly dangerous coin to purchase. For one, we now have already seen so many crypto scams up to now few months. 

    Additionally, it’s unclear who the founders of Uniglo are and whether or not it’s really registered. Subsequently, the advice is that it’s best to wait earlier than you put money into it.

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