Uniglo and Tamadoge are the 2 most hyped cryptocurrencies of 2022. Tamadoge has turn into extraordinarily common such that the builders raised $8.5 million inside 24 hours from traders. In this text, we will clarify what Uniglo is and whether or not GLO, its native token will be a good funding.
What is Uniglo?
Uniglo is an upcoming blockchain mission and cryptocurrency that will be unveiled within the subsequent few months. According to its whitepaper, Uniglo is a community-based social forex that will be backed by digitized tangible belongings, cryptocurrencies, and uncommon NFTs.
The purpose of this cryptocurrency will be to scale back the substantial volatility that exists within the cryptocurrency trade. This is an necessary factor contemplating what now we have skilled within the crypto trade the place the value of most cash has crashed by over 50%.
There will be 218,750,000 GLO tokens that will have an extremely burn mechanism. 80% of these tokens will be bought to the general public whereas 7.3% will be added to a liquidity pool. 5% of them will go to the Uniglo Foundation whereas 5% and 2% will go to improvement and advertising.
Uniglo value prediction
Like Tamadoge and Sweatcoin, it is unattainable to do a Uniglo value prediction because the coin has not been launched. According to the builders, the primary pre-sale passed off between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there will be a token sale between fifteenth September and fifteenth October.
This interval will additionally embody the launch of the GLO token by means of an airdrop. The ultimate main step will be wrapping the token for multi-chain capabilities.
So, is Uniglo a good cryptocurrency to buy? While Uniglo has been extraordinarily hyped, we imagine that it is an especially dangerous coin to buy. For one, now we have already seen so many crypto scams up to now few months.
Also, it is unclear who the founders of Uniglo are and whether or not it is really registered. Therefore, the advice is that you need to wait earlier than you put money into it.
