Uniglo and Tamadoge are the 2 most hyped cryptocurrencies of 2022. Tamadoge has change into extraordinarily in style 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 will probably be an excellent funding.
What’s Uniglo?
Uniglo is an upcoming blockchain undertaking and cryptocurrency that will probably be unveiled within the subsequent few months. In line with its whitepaper, Uniglo is a community-based social foreign money that will probably be backed by digitized tangible property, cryptocurrencies, and uncommon NFTs.
The purpose of this cryptocurrency will probably 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 worth of most cash has crashed by over 50%.
There will probably be 218,750,000 GLO tokens that can have an extremely burn mechanism. 80% of these tokens will probably be bought to the general public whereas 7.3% will probably be added to a liquidity pool. 5% of them will go to the Uniglo Basis whereas 5% and a pair of% will go to improvement and advertising and marketing.
Uniglo worth prediction
Like Tamadoge and Sweatcoin, it’s unattainable to do a Uniglo worth prediction for the reason that coin has not been launched. In line with the builders, the primary pre-sale happened between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there will probably be a token sale between fifteenth September and fifteenth October.
This era can even embody the launch of the GLO token via an airdrop. The ultimate main step will probably be wrapping the token for multi-chain capabilities.
So, is Uniglo an excellent cryptocurrency to purchase? Whereas Uniglo has been extraordinarily hyped, we consider that it’s an especially 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 truly registered. Due to this fact, the advice is that you need to wait earlier than you spend money on it.