There are currently over 19,000 crypto and decentralized finance (DeFi) projects in the crypto market. This figure continues to grow. As of this writing, the global crypto market cap is $1.21 trillion. Investors are eager to join the cryptocurrency market as the number of players and overall market cap in the industry is constantly expanding. However, it is possible to get scared and lost among cryptocurrencies competing for the attention of investors. The general question of interested investors is where exactly to put their money. Based on analysts’ advice, investors should turn their attention to Uniglo (GLO), Solana (SOL), and Uniswap (UNI) for now.
A new cryptocurrency: Uniglo (GLO)
You might ask what Uniglo is, as it is the newest, and perhaps most unfamiliar, of the three cryptos we mentioned above. Uniglo is a new social currency powered by a range of digital, real world and rare non-fungible token (NFT) assets. The value of the GLO token is expected to be appreciated and remain sustainable. Because it has become one of the valuable cryptocurrencies that will enable the token to protect wealth and benefit from growth speculation.
Solana (SOL) ready to welcome ETH users
Solana is a popular and ever-growing cryptocurrency for Web 3.0 projects. It is a decentralized ecosystem. With its relatively low cost and lightning-fast transactions, Solana is a strong competitor to Ethereum. The Ethereum network is ready to welcome any users that Ethereum may lose in case of problems and delays at the upcoming Merge event. Solana also has multiple upgrades, additional features and Automated Market Makers (AMMs) that contribute to increased liquidity in its network.
Uniswap (UNI) has made exceptional gains
Uniswap is also worth mentioning here. Uniswap is the popular automated liquidity provider and decentralized exchange for ERC-20 tokens. Essentially, it is a platform for easy and hassle-free trading of various currencies. Over the past seven weeks, the UNI token has recorded exceptional gains, up to 150 percent, as whales appear to be accumulating assets despite the market being in a generally red zone. This increased whale and investor activity was also associated with the increase in Uniswap’s daily trading volume and market cap.
Conclusion: great potential for Uniglo, SOL and UNI
Based on trends in the cryptocurrency market today, Uniglo (GLO), Solana (SOL), and Uniswap (UNI) show strong potential for returns and can be solid assets to invest in today. You can get more information from the links below:
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