Things might be picking up for the cryptocurrency market, and this could be the best time to start putting your money to work. If you want to ride the wave and start earning again, as cryptocurrencies recover in this market, then it’s time to learn about the growth potential of Uniglo (GLO), Polkadot (DOT), and Chainlink (LINK).
Uniglo (GLO)
What is Uniglo and why do you need to know all about it fast? Uniglo is the latest decentralized finance (DeFi) project built on Ethereum that is catching the attention of whales and investors. It is making a name for itself in the DeFi space fast because of its innovative Ultra-Burn Mechanism, which will be implemented similar to a buyback and burn model. However, the Uniglo community will make use of the profits it generates from buying and selling a range of assets that appreciate over time. Unlike many existing cryptocurrencies, Uniglo will bank on the growth of both volatile assets and stable real-world assets.
The Uniglo project began preselling its GLO token last July 15 and has already raked in over 25% growth. For anyone who wants to take part in its growth and expansion, now would be a great time to invest in GLO tokens.
Polkadot (DOT)
Polkadot could also experience a major price surge in the near future. Polkadot is a blockchain platform that provides blockchain interoperability and interconnectivity. As such, it a secure exchange of messages and transactions performance between independent chains. Recently, the developers of Polkadot announced its next set of parachain lease auctions as well as multiple governance events for August, which are expected to drive the demand for Polkadot’s DOT token. According to analysts, the price of DOT could surge 50% by September.
Chainlink (LINK)
Finally, we have Chainlink. While protocols such as Ethereum, Solana, and Avalanche are focused on enabling the development of decentralized applications and projects, Chainlink powers hybrid smart contracts and enables off-chain data retrieval. Indeed, Chainlink is said to be the most widely used oracle network in the market – and it is becoming even more popular. Recently, the LINK token of Chainlink has been demonstrating impressive demand, with over 7,000 traders placing orders for approximately 300 million LINK tokens. This order volume roughly translates to $2 billion.
Final thought
Make sure you don’t get left behind as cryptocurrency players like Polkadot (DOT), Chainlink (LINK), and newcomer, Uniglo (GLO) set sail for a meteoric price surge in the coming months.
To find out more about Uniglo visit official website, Twitter (NYSE:TWTR), Discord or Telegram. To find out more about the presale, click here.