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 shall be a superb funding.
What’s Uniglo?
Uniglo is an upcoming blockchain venture and cryptocurrency that shall be unveiled within the subsequent few months. Based on its whitepaper, Uniglo is a community-based social forex that shall be backed by digitized tangible property, cryptocurrencies, and uncommon NFTs.
The purpose of this cryptocurrency shall be to scale back the substantial volatility that exists within the cryptocurrency business. This is a crucial factor contemplating what we’ve got skilled within the crypto business the place the value of most cash has crashed by over 50%.
There shall be 218,750,000 GLO tokens that can have an extremely burn mechanism. 80% of these tokens shall be bought to the general public whereas 7.3% shall be added to a liquidity pool. 5% of them will go to the Uniglo Basis whereas 5% and a couple of% will go to improvement and advertising.
Uniglo worth prediction
Like Tamadoge and Sweatcoin, it’s unimaginable to do a Uniglo worth prediction because the coin has not been launched. Based on the builders, the primary pre-sale came about between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there shall be a token sale between fifteenth September and fifteenth October.
This era may also embody the launch of the GLO token by an airdrop. The ultimate main step shall be wrapping the token for multi-chain capabilities.
So, is Uniglo a superb cryptocurrency to purchase? Whereas Uniglo has been extraordinarily hyped, we imagine that it’s a particularly dangerous coin to purchase. For one, we’ve got already seen so many crypto scams prior 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 it’s best to wait earlier than you spend money on it.