Early Adopters of Blockchain Technology Make Huge Gains and Changed Lives. SOLANA (SOL) ICO (Initial Coin Offering) UNIGLO (GLO) FANTOM (FTM) Targeted by Investors.

1 min read

The sweet rallies of 2021. These feel like they happened in another life for many investors; they will happen again. But only for investors who can control their emotions and maintain conviction in their investments. The current market conditions terrify many investors, specifically newer crypto investors, but this is just another bear market to accumulate in for seasoned professionals.

ICO (Initial Coin Offering)

One token garners significant attention, and its ICO (Initial Coin Offering) continues to be targeted by investors from multiple chains. Uniglo (GLO), the social currency providing a long-term store of value, has seen incredible price action recently despite the prevailing market conditions, and this journey is in its infancy. 

The sentiment and price action are strangely reminiscent of Solana (SOL) and Fantom (FTM) before they exploded in value throughout 2021.

Uniglo (GLO)

Crypto projects achieve success like traditional businesses; they solve problems and provide value to consumers. Uniglo’s rise is a result of the problem it has solved. With current volatility, the need for a stable and growing store of value is acute. Uniglo leverages buy and sell taxes to provide the solution.

The Uniglo Vault houses physical and digital assets and uses this diversification to offer improved and more stable long-term performance. GLO is value-backed by the Vault’s contents, and this single token represents a diversified portfolio with BTC, ETH, gold, fine art, and real estate holdings.

But most importantly is what the whitepaper titles the Ultra Burn Mechanism. This revolutionary stratagem will see 2% of every trade automatically burnt. This rapidly declining total supply will put violent upwards pressure on GLO’s price, locking in incredible value for early investors.

Solana (SOL)

Solana launched in March 2020 and, throughout 2021, went on a parabolic run. 2021 was widely accepted as the year for alternative layer one blockchains, and Solana was at the front of the pack. The outrageous ETH gas fees drove this demand, and many investors migrated to these newer projects that offered far greater Scalability.

SOL saw gains of nearly 9,000% from the start of 2021 to its peak in November. This growth undoubtedly made plenty of early investors millionaires.

Fantom (FTM)

Fantom launched in December 2019 and similarly enjoyed massive success in 2021 as investors migrated to faster and cheaper chains while DeFi boomed. Fantom opted to utilize a DAG (directed acyclic graph) instead of a typical blockchain which meant the Opera Mainnet could validate multiple transactions simultaneously with incredibly low latency time.

FTM, the native token, exploded in 2021 and saw gains of more than 10,500%, which changed the lives of many investors worldwide.

Final Thoughts

Cryptocurrency investors are early adopters of blockchain technology and, for this reason, see incredible gains. And on a micro level, within the digital asset space, investors who are early investors in new promising protocols often walk away with a king’s ransom. But not everyone has the courage nor the diligence to be a successful investor, and many will miss these opportunities.

Source

https://www.analyticsinsight.net/uniglo-glo-incredible-price-action-likened-to-start-of-solana-sol-and-fantom-ftm-mega-pumps-of-2021/

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