While the rest of the crypto market flounders around at the bottom, one cryptocurrency has gained 45% in the past few months and could continue to rise dramatically in the near future.Meanwhile, stalwarts such as Biswap (BSW) and Cardano (ADA) are looking like great values.
Uniglo (GLO) — simply diversified
Uniglo hasn’t even launched yet, and the price has already risen by 45%.How is that possible? The GLO token is currently in ICO mode, with a price increase at the end of each presale round.The platform launches in the final round, and GLO goes onto exchanges in mid-October.Uniglo is an investment DAO.
GLO’s Holders decide how to invest the funds in the common treasury as a community.Target assets include crypto and NFTs and tokenized real-world assets like gold, real estate, fine art, and anything else you can imagine.
Uniglo makes it super simple to own part of a massively diversified portfolio.All you have to do is buy and hold GLO.Why would you want to do that? The tokenomics of GLO greatly benefit ICO investors by assuring that the value of the treasury is always going up and the supply of the token is always going down.Check out their whitepaper to see how they achieve this trick, but basically, the 10% buy/sell fee funds the treasury and the continual burning of tokens.
Early investors in GLO can just sit back and watch the treasury, and their share of it grow year after year, no matter which way the market is headed.
Biswap (BSW) — BSW is burning up
Biswap is a DEX developed on the Binance Smart Chain.Biswap offers users a variety of DeFi products, including liquidity pooling and a periodic lottery, as well as quick and safe transactions, low slippage on trades, and some of the lowest exchange fees in the Defi space.
Biswap’s BSW token has several deflationary mechanisms, including burning 50% of transaction fees, 13% of lottery ticket sales, 10% of sales proceeds, and 10% of new NFT mints.As of April, Biswap logged $2B+ in volume with 422,000 active users.After a rough patch, BSW seems to have found a floor at $0.25.If it can catch up to its next major resistance level, given the burn rate, BSW could pull a 300X return before the next bull run even begins.
Cardano (ADA) — a big target
While most blockchains are focused on DeFi, NFTs, and gaming/metaverse users, Cardano is going after the big markets like government, education, healthcare, and enterprise-level applications.
While the project has been a slow burn, as they say in the movies, their philosophy is to not rush and only release peer-reviewed upgrades.ADA has lagged behind the rest of the top layer-1 chains in the price for the past year.However, leading up to the recent Vasil hard fork, the price has seen a resurgence.Compared to Ethereum, ADA is greatly underpriced given the daily active users.ADA is coming out of the oversold territory on the weekly chart and looking at a potential 150% run over the next year.
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