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October is a potentially good month for investors in Asia to start buying cryptocurrencies. Considering the bearish market we have been experiencing, a good month could help turn losses around. We believe the key investment picks for the Asian region are Uniglo.io (GLO), Polkadot (DOT), Uniswap (UNI), Tron (TRX), and VeChain (VET).
Uniglo.io (GLO)
The post-pandemic economic downturn affecting all of us has been a hard lesson for cryptocurrency investors. Inflation and rate hikes are especially hampering the economic growth of Asia. Hence, our first crypto pick for the Asian market is Uniglo.io, a new decentralized project designed to withstand market fluctuations. This project is based on the Ethereum chain, with its creators intending to capitalize on the smart contract platform’s flexibility and longevity in the market.
Uniglo.io has a Vault for storing a mixture of digital currencies and digitized real-world items. The community acquires, stores, and eventually sells these assets to turn a profit. With a basket of assets at the helm, the floor price of the protocol’s native token GLO has sufficient backing.
The Uniglo.io project is currently in the final weeks of its presale. Analysts predict it to have a busy launch in November. Therefore, interested buyers need to make their move as early as possible.
Polkadot (DOT)
Another top pick in Asia is Polkadot (DOT), an open-source multichain protocol that connects a network of interoperable blockchains. It is also programmed to facilitate the cross-chain transfer of any data, asset, or token. Its native currency, DOT, is used for staking, running network governance, and bonding coins for parachains linkage.
Uniswap (UNI)
Investors in Asia should also look at Uniswap, which is an open-source decentralized exchange hosted on the Ethereum platform. It enables users to trade cryptocurrencies without an intermediary and gives anyone access to contribute to the blockchain’s code. It was also one of the first to adopt an Automated Market Maker (AMM), which allows users to trade and supply ETH tokens to liquidity pools.
Tron (TRX)
Tron (TRX) is another crypto pick for October. Tron is a decentralized digital platform powered by its in-house cryptocurrency, Tronix or TRX. It was launched in 2017 by Tron Foundation, a Singapore-based non-profit organization. Primarily marketed in Asia, Tron has expanded globally and currently has more than 50 million users.
VeChain (VET)
Lastly, VeChain is a layer-1 smart contract platform that aims to capitalize on distributed governance and Internet of Things (IoT) technologies to build an environment that solves major data obstacles for various global industries. It takes pride in providing enhanced efficiency and transparency across multiple data trails and supply chains.
Final takeaway
The cryptocurrency market in Asia is booming. Investing in Uniglo.io (GLO), Polkadot (DOT), Uniswap (UNI), Tron (TRX), and VeChain (VET) lets buyers ride the growth wave of this market.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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