The creator of Micro strategies, Michael Saylor, recently tweeted that volatility is the cost of gains. Micro strategies own more Bitcoin than God (or any other corporate treasury). The emerging altcoin market is the best example of this. The majority of altcoins have only recently come into existence. But it’s now clear that in bull markets, low- and mid-cap altcoins frequently beat higher-cap currencies like ETH, ADA, and SOL. They are, however, also a lot more volatile.
Algorand (ALGO) and Flow are two of these lower-cap, higher-volatility altcoins that holders choose (FLOW). These two layer-1 blockchains have use cases akin to those of Ethereum. Fans of both blockchains predict that one day soon, each will enter the top 20.
A new type of investing DAOs that are sweeping the crypto world provides fierce competition for them, too. Uniglo is one such undertaking (GLO).
Cryptocurrency Investment DAO- Uniglo (GLO)
The likelihood of Uniglo becoming the first DeFi token to experience widespread usage is very high. This is because it makes investing in cryptocurrencies as straightforward as it possibly can be. You only need to purchase and hold the GLO token to participate in a diversified basket of cryptocurrencies. Not only cryptocurrencies, either. Any digital asset on the blockchain, including bluechip NFTs and tokenized real-world assets like gold, rarities, collectables, and possibly even tokenized real estate, can be included in the treasury.
That portfolio is impressive. To put together a portfolio like this on your own, a lot of research work and investment management would be required. Additionally, the Uniglo Treasury may contain items that the majority of people are unable to purchase on their dime.
History has also demonstrated that the optimal time to stock up on DeFi tokens is before to the platform’s launch and during the token’s initial coin offering (ICO). Thankfully, GLO still meets the criteria. Only a few months from now, in mid-October, GLO will be accessible on exchanges. If it hasn’t sold out yet, you can still participate in the secret presale at Uniglo.io. The GLO token then experiences perpetual deflation (a constantly falling circulating supply).
The cost is only $0.0125 right now. It has increased by 25% since the presale began. This is because a certain number of tokens are burnt after each monthly presale round, increasing the price for the following round. People are encouraged to arrive as early as possible because of this. Additionally, any unsold tokens will be burnt before the launch if it hasn’t sold out. As a result, if the coin is listed on exchanges, its price can significantly rise.
Yet another thing is Uniglo is a distributed autonomous organisation or DAO. As a result, the community of GLO token owners decides how it will operate. The decision of which investments to make, when to take gains, and how many tokens to burn with those winnings is made by holders. Or they may just relax and take it easy while someone else handles everything.
The future of finance is DAOs. Here’s your chance to participate in a DAO that could surpass FLOW and ALGO and enter the top 20 cryptocurrencies.
