google-news-img
spot_imgspot_imgspot_img

Uniglo.io causes investors to rush in last minute due to Burn Event – Tamadoge, Big Eyes, and Shiba Inu holders intrigued

Act fast: Here is one of the best investment opportunities of 2022. Uniglo has caused a clamor this week with the news that all remaining GLO leftovers from presale will be burned. Analysts expect a dramatic price spike on launch on November 19th. Data on the chain shows TAMA and SHIB being cashed in for GLO. Read on to find out if you should do the same. Time is ticking!

Uniglo.io Supply Burn

Uniglo promises sensational features; let’s break down why it is such a great investment this quarter. Uniglo has a multi-asset backed treasury, which will hold a variety of assets spanning cryptocurrency, NFTs, fine art, classic cars, antiques – basically anything that is expected to appreciate over time. Uniglo is governed by a DAO structure, meaning users are entitled to vote for what they wish to hold collectively and to make critical decisions as a group. Its very first choice was a simple one: whether they wished to burn leftover currency or not. The community voted overwhelmingly in favor of burning, which is unsurprising and likely to be a wise move. This is because, in the past, large-scale burns have kicked off huge price boosts as the quantity of currency available overall is cut substantially. 

GLO will not only rely on bulk-burning events: The Ultra-burn mechanic ensures continual burning of the token as it is bought and sold by incinerating a small percentage of every transaction. The result is an endlessly shrinking total supply, keeping constant price pressure on GLO. Exciting tokenomics, especially for early investors. 

Tamadoge, Big Eyes, and Shiba Inu Holders Intrigued

Uniglo is entering an exciting market full of interesting competitors yet is still finding itself coming out on top. Tamadoge combines NFT investment with casual gaming, as users mint puppy dogs to raise and battle in the Tamaverse. Tamadoge launched earlier this year to much anticipation but has failed to secure the upwards trajectory that was predicted. Big Eyes is another cute meme-coin, still in its presale phase. Unlike Uniglo, it has yet to announce any kind of burn event. Finally, beloved dog meme-coin Shiba Inu has been suffering an infuriatingly slow burn rate, leaving users frustrated and gradually selling up. However, many portfolio owners are finding themselves trading in their coins for GLO, as proven by on-chain transactions.

Conclusion

Uniglo’s clever tokenomics simply make sense. Therefore it is obvious why some investors are swapping other tokens for GLO. Don’t miss the boat: The sweetest price point is almost certainly now.

Learn more:

- Advertisement -

Join Presale:  https://presale.uniglo.io/register 

Website:  https://uniglo.io 

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

Our Newsletter

Subscribe to our newsletter to get the latest news and promotions.

Steve Anderrson
Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralization, understanding the true potential of the blockchain.