Uniglo (GLO), Fantom (FTM) And 1Inch (1INCH) have the biggest potential for Q3 and Q4 2022
New possibilities and innovations are easy to see in the ever-growing world of cryptocurrency
Bitcoin currently trades at $23,000, dropping as low as $17,800 in the last month. This price coincides with the peak of the previous cycle in 2017. Bitcoin is a cyclical asset and traditionally uses its prior cycle ATH (All-Time High) as support during its next expansion phase. Bitcoin currently sits above this line of support and using the past as an indicator, now represents the accumulation phase of a lifetime. As Bitcoin rallies, it means that altcoins can fly, and Q3 & Q4 look to be magnificent months for altcoin investors.
However, not all projects are created equal, and the projects primed to see the most explosive growth in the coming months are Uniglo (GLO), Fantom (FTM), and 1inch (1INCH).
Uniglo (GLO)
Uniglo is returning to monetary basics in a time of dire inflation. Market volatility and inflation have meant investors have been forced to pick between assets with highly volatile prices, digital assets, or a value store that constantly loses value, fiat. GLO is an Ethereum-based social currency with value backed by a collection of tangible assets stored in the Uniglo Vault.
Funded via buy and sell taxes, 5% of every GLO trade goes to the treasury fund. This fund buys securities, including real-world, digital, and NFT assets. The Uniglo Vault will support the floor price of GLO and will be an actively managed fund, so when assets have appreciated, they will be sold, and a percentage of the profits will be used for Buy Back and Burn of GLO tokens from the open market. GLO introduces scarcity in a time of inflationary policy and asset backing in a time of faith-based fiat systems. The long-term potential for this crypto is incredible, and it is an excellent choice for investors for the tail end of 2022.
Fantom (FTM)
Fantom is a layer one protocol with blistering speed. Powered by a DAG (directed acyclic graph) instead of a blockchain, the Opera Network can validate multiple transactions simultaneously and has become a powerhouse within the DeFi (decentralised finance) ecosystem. Quickly devouring the TVL (Total Value Locked) of other chains, investors and developers flocked to this network after witnessing its performance.
FTM trades at $0.34; even amongst cryptocurrencies, this token is famous for its volatility. Traders favour FTM with hefty intraday swings, and at its peak of $3.40 by several on-chain metrics, FTM was still undervalued. FTM is a true crypto gem and set to explode towards the end of 2022.
1inch (1INCH)
1inch is a tool that every crypto trader making swaps should be utilising. This DEX (decentralised exchange) aggregator uses decentralised oracle feeds to find the best prices and executes trades through the most efficient route. Investors get the best price on trades, and the platform has already seen more than $150 billion in trading volume on the Ethereum network.
1INCH is the governance token and trades at $0.77. With a colossal uptick expected in trading volume as market conditions reverse, the platform will experience an influx of liquidity, and native tokens always prosper when the platform prospers. 1INCH faces critical resistance at $1.60, but if the bulls win this, the sky is the limit.
Find Out More Here
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