Those who have been dealing with cryptocurrency for years have witnessed the evolution of crypto as a market. Coins that can only offer their speculative value are no longer a preferred investment. Today, the next preferred type of crypto is those that offer new services and applications. According to some of the most experienced traders in the space, the top three tokens offering unique tools this year are Uniglo (GLO), Pancakeswap (CAKE) and Tron (TRX).
Uniglo (GLO) can deliver substantial returns
The first token with unique utilities is Uniglo. This DeFi project recently launched the social currency GLO on the pre-sale market on July 15. Uniglo is creating a community that will buy assets to be held in a vault. The range of its assets is impressive. It offers products ranging from digital currencies to digitized tangible collectibles such as gold, fine art, rare whiskey and high-end watches. Focusing on “knowing the value” of assets, Uniglo also facilitates investor engagement in the ever-growing non-fungiable token (NFT) space through community-selected rare NFT purchases.
Therefore, Uniglo provides the opportunity to invest in lucrative yet volatile cryptocurrencies with the stability of real-world assets. An important aspect of its utility is maintaining a community-owned collection, where token holders fragment asset ownership. Profits from the sale of assets will be reinvested in the purchase of additional assets to increase the GLO value. With a mechanism to increase the value of the GLO token, Uniglo can offer significant returns as well as staking opportunities for early investors.
PancakeSwap (CAKE): What to expect?
Another token with impressive use is Pancakeswap’s CAKE. Pancakeswap is a well-known decentralized exchange on the Binance Smart Chain (BSC). Basically, it is an automated market maker (AMM) that facilitates token transactions. It promotes liquidity and returns and allows CAKE token holders to earn passive income. According to analysts, Pancakeswap is one of the best decentralized cryptocurrencies to invest in for 2022. This exchange platform also recently announced an integration with Chainlink Keepers to support the CAKE prediction market.
Tron (TRX), among the top 3 Blockchains
Tron’s TRX token is our third pick among tokens that offer unique uses. As developers know, Tron is one of the most widely adopted decentralized operating systems in the world. It was one of the top ten cryptocurrencies by market capitalization in 2018. For the first six months of 2022, Tron was also among the top three Blockchains with the highest total locked value (TVL). Essentially, Tron is similar to Ethereum except that it is more affordable. Today, it hosts more than 100 million accounts. It has also completed more than 3.4 billion transactions since its launch. As Tron becomes more popular, the volume of its transactions continues to increase exponentially.
Users support useful tokens like Uniglo
Cryptocurrency investors remain ambitious about earnings today. But they are more knowledgeable now than they were ten years ago. Investors opting for speculative coins that have seemingly grown 100x overnight now want to support tokens with net benefits. You can find more information about Uniglo at the following links:
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