The cryptocurrency market is full of speculation and price predictions. Amidst the noise, a few digital assets continue to impress investors and analysts alike. In this article, we will discuss 3 ‘Strong Buy’ cryptos that could surge over 30% in upcoming months: Uniglo (ULO), Solana (SOL), and Cardano (ADA).
Uniglo (GLO) is a relatively new entrant to the crypto world but has already shown promise with a strong team and exciting technology.
The key catalyst for GLO is its robust burning mechanism and asset-backed vault that will determine the independent growth of $GLO. GLO vault will allow investors to acquire a fraction of top assets, such as digital art, Rare whiskey NFTs, Digitized Gold, Cryptocurrencies, and even rare collectibles. Uniglo is established as a DAO. In accordance with community decisions, all GLO vault revenues will be spent accumulating more digital and valuable NFT-related assets to stimulate capital appreciation and community participation.
With an ultimate double-burn mechanism that destroys 2% of each GLO transaction and a percentage of repurchased GLO tokens, Uniglo builds a robust and ever-expanding ecosystem.
The latest disclosure by Uniglo confirming the team’s KYC verification further bolstered investors’ faith in the project, reassuring them that the team is legitimate and committed to delivering a high-quality, fully secure protocol. Yet in phase 1 of pre-sale, the price of Uniglo has soared by a surprising 25 percent. In addition, before starting the second presale phase, unsold tokens will be burned, suggesting a further price increase.
In general, it is projected that Uniglo will be one of the successful cryptocurrencies that will shed more light on the DeFi market and expand by more than 30% in the near future.
Since breaking onto the cryptocurrency landscape in 2020, many have regarded Solana as the third most significant blockchain because of its top 10 market capitalization and thriving development and entrepreneur community.
Solana is an open-source, public blockchain designed to host a variety of scalable decentralized apps (dApps), and its native token is SOL. Like the world’s other most prominent blockchains, Solana allows smart contracts. This is of the utmost importance, given that NFTs are issued and sold using smart contracts, which assign ownership, grant users access to digital assets in the NFT, etc.
Solana was created in 2017 to address the high transaction fees and sluggish transaction rates that limit the scalability of existing blockchains, such as Ethereum and Bitcoin. With the growing popularity of NFTs, Solana’s use case and significance are expected to increase, signaling a 30 percent price increase in its native token SOL.
Cardano is a proof-of-stake (PoS) blockchain intended to be a more efficient alternative to proof-of-work (PoW) networks.
The Cardano network is nearing its Vasil hard fork upgrade and continues to add tens of thousands of new wallet addresses daily.
The Vasil hard fork will increase throughput on the Cardano blockchain and facilitate smart contract and decentralized application development.
The Cardano blockchain is a continuously updated series of blocks, with each block containing a record of transaction records. The Vasil hard fork is believed to raise the size of each block, allowing for extra data storage space on each block contributed to the blockchain.
Diversifying your portfolio is vital since it reduces the risk so that the performance of a single asset does not affect your entire portfolio. Crypto gems like GLO are as recommended as well-established ones because you never know how successful they could get over time.
According to knowledgeable analysts, Uniglo (GLO), Solana (SOL), and Cardano (ADA) are three strong buy options worth considering as crypto winter is nearing the end.
Learn More About Uniglo:
Join Presale: https://presale.uniglo.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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