When whales make moves in the crypto space, people take notice. That’s because these guys have been there and done that many times before. They’ve already survived multiple bull and bear runs, so the recent turmoil in the crypto space doesn’t concern them. They see now as the perfect time to buy certain cryptos that could be primed for huge futures. And for those that made their money on the likes of AVAX and Shiba, they’ve got plenty of cash to throw around. But that doesn’t mean they’re too risky with their money, they still know what works in crypto and what doesn’t. While nobody becomes a crypto whale without risk, these risks are often heavily calculated and based on the upside they can bring. And if you’re looking for new investments, you might want to look at what they’re doing, even if you aren’t yet a whale yourself.
And whales have recently been increasing their investments into one of the best-looking new projects in the crypto space recently, GLO. Let’s have a look at why…
Uniglo (GLO)
Uniglo has such a range of great features that it’s hard for whales and other investors to ignore. It’s also available during pre-sale at a discount, and many believe it could surge in price once it enters the main exchanges.
Uniglo works by levying a sales tax on transactions. This tax is then used to purchase a range of assets to provide a true store of value and a solid price base. Fiat currencies lost their gold-peg many decades ago, and can now be printed at will, devaluing the coins already in circulation and causing major inflation issues. You’ve probably seen how much of a problem inflation has become recently in the global economy. GLO fixes this by being asset-backed by a range of products, including NFTs, cryptos and even digital gold. This provides a strong base price people can have faith in.
GLO also uses a deflationary dual-burn method to reduce supply even more, this makes it one of the best inflation-fighting solutions the space has ever seen, and it’s why whales are increasing their holdings considerably.
Avalanche (AVAX)
Avalanche is both extremely fast and eco-friendly. These are two features that whales love, and that’s why it’s still a good bet for the future in crypto.
Shiba Inu (SHIB)
Shiba also has a new range of deflationary measures that include increased burns. These go alongside a coin that’s also hugely popular, one that has really shown the market how to use social media hype to rise up the altcoin charts. Shib still has a future, but whales with strong holdings in it are starting to move to GLO.
GLO, SHIB and AVAX are all favorites for whales and other investors alike. They could be great for your portfolio, with GLO arguably leading the pack.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
