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Buying early is a time-tested strategy for growing your cryptocurrency investment. For projects like Shiba Inu (SHIB) and Dogecoin (DOGE), early investors who bought coins during the presale or even during the first year from launch also quickly experienced the gains.
A new decentralized project called Uniglo (GLO) is now in the second phase of its presale. And according to many analysts, the project could skyrocket just like the meme coins did during their beginnings.
Uniglo (GLO): A new project that is skyrocketing
Why is the Uniglo project catching so much attention? This project introduces two key features that could ensure consistent growth for its native token GLO. First, it will raise a treasury to purchase different kinds of digital currencies and digitized assets. These assets will be stored in a community vault and brought out only when the Uniglo community decides it is time to sell them. The management of the vault will therefore be profit-oriented.
Moreover, the profits earned from the sale of assets will be taken to the market to purchase GLO tokens. Any tokens bought back will be burned, ensuring that with each profit made from the vault, more GLO tokens are removed from the market and from circulation forever. This structure can ensure consistent demand and dwindling supply for Uniglo, which will benefit token holders in the long-term.
Dogecoin (DOGE)
Uniglo could have an explosive launch just like Dogecoin. The meme coin leader was initially released in 2013 by software engineers Billy Markus and Jackson Palmer who wanted to poke fun at the speculative movement of cryptocurrencies. The joke has since turned into a lucrative digital payment system with a high-demand digital coin.
Shiba Inu (SHIB)
Shiba Inu (SHIB) later followed suit. Launched in 2020 by an anonymous person going by the monicker Ryoshi, SHIB has since been on a generally upward price trend. The project involves a very large token supply, enabling each investor to hold millions of SHIB tokens at a time. Despite the bearish market, the project is experiencing a bullish run right now with many investors going on a spending spree.
Final thought
The Uniglo project is now in the second phase of its presale, which is scheduled to end on September 15. The project will then proceed with the third phase which will last until the middle of October. Thereafter, the project will finally be launched during which experts predict the price of GLO will surge. Interested buyers need to buy GLO early before that happens.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1