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Uniglo and Tamadoge are the 2 most hyped cryptocurrencies of 2022. Tamadoge has develop into extraordinarily in style such that the builders raised $8.5 million inside 24 hours from traders. In this text, we will clarify what Uniglo is and whether or not GLO, its native token will be a good funding.

What is Uniglo?

Uniglo is an upcoming blockchain undertaking and cryptocurrency that will be unveiled within the subsequent few months. According to its whitepaper, Uniglo is a community-based social forex that will be backed by digitized tangible property, cryptocurrencies, and uncommon NFTs. 

The aim of this cryptocurrency will be to cut back the substantial volatility that exists within the cryptocurrency business. This is an necessary factor contemplating what now we have skilled within the crypto business the place the worth of most cash has crashed by over 50%. 

There will be 218,750,000 GLO tokens that will have an extremely burn mechanism. 80% of these tokens will be bought to the general public whereas 7.3% will be added to a liquidity pool. 5% of them will go to the Uniglo Foundation whereas 5% and 2% will go to improvement and advertising. 

Uniglo worth prediction

Like Tamadoge and Sweatcoin, it is unattainable to do a Uniglo worth prediction for the reason that coin has not been launched. According to the builders, the primary pre-sale befell between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there will be a token sale between fifteenth September and fifteenth October. 

This interval will additionally embrace the launch of the GLO token by means of an airdrop. The remaining main step will be wrapping the token for multi-chain capabilities. 

So, is Uniglo a good cryptocurrency to buy? While Uniglo has been extraordinarily hyped, we imagine that it is a particularly dangerous coin to buy. For one, now we have already seen so many crypto scams prior to now few months. 

Also, it is unclear who the founders of Uniglo are and whether or not it is truly registered. Therefore, the advice is that you need to wait earlier than you spend money on it.