Uniglo.io (GLO) Price Skyrockets After Audit, Investors Rushing To Buy Instead Of Bitcoin (BTC) And Ethereum Classic (ETC)

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It’s been a tricky few weeks for cryptocurrency traders. Bitcoin and Ethereum Classic costs have been plummeting, and lots of buyers have been scrambling to promote their holdings. However, there’s one digital currency that’s bucking the pattern: Uniglo.

Since mid-August, Uniglo’s worth has skyrocketed by more than 35%, and it doesn’t seem to be slowing down, with traders speeding to buy up the digital forex.

So what’s behind Uniglo’s sudden surge in the price?

Well, it appears that evidently Uniglo’s latest audit by Paladin Blockchain Security has given buyers the arrogance they should purchase into the digital foreign money. Paladin is a household title and top-of-the-line auditors in the house; the company focuses specifically on DeFi projects which would possibly be EVM (Ethereum Virtual Machine) compatible. Paladin’s audit gave Uniglo a clean invoice of health, and traders at the moment are betting that the digital foreign money has a brilliant future.

With Bitcoin and Ethereum costs in freefall, Uniglo seems like a protected haven for investors. And given the recent surge in costs, it appears that evidently many buyers agree.

What is Uniglo (GLO)?

Uniglo is a community-owned foreign money that returns to financial fundamentals. GLO employs buy and sale taxes to support two of the protocol’s fundamental capabilities, introducing value-backing to DeFi. 

The first step is to amass belongings for the Uniglo Vault, which shops digital, NFT, and bodily assets. These belongings provide GLO with pure value, supporting its flooring value and allowing the token to understand as the Vault’s valuation rises.

The Ultra Burn Mechanism is the second. GLO is the primary hyper-deflationary token in DeFi. With 2% of every transaction burned, the overall supply will soon fall, making this new token scarce. Scarcity implies rarity, and rarity at all times raises the price.

Learn 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

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