The popularity of crypto has grown at an incredible rate in recent years, and many big players have entered the space in a bid to witness exponential growth. The retail is not far behind in chasing generational wealth made possible through investing in top-tier tokens like Uniglo, Ethereum Classic, and Mina Protocol. Let’s see what they have in store for you!
Uniglo is a community-focused social currency backed by a wide range of assets, including rare NFTs, digitized art, and cryptocurrencies. A basket of valuable assets protect the floor price of a token that is designed to withstand volatile market conditions. This is made possible through a dedicated vault that is funded through taxation on each transaction. Uniglo embodies scarcity through an ultra-burn mechanism that involves leveraging profits to buy back GLO from the secondary market and burn them. This ensures long-term growth of the ecosystem as a whole, where every holder benefits from the growing strength of the treasury.
Ethereum Classic (ETC)
Ethereum Classic is an open-source decentralized platform that was created in 2016 after The DAO hack. It allows developers to create smart contracts without the involvement of a third party. Ever since the split happened, there have been numerous improvements and upgrades in an effort to become a global financial network with no central governance. Like other digital currencies, ETC will thrive as a store of value, and the recent surge in prices is evidence of how the asset will perform in the near future.
Mina Protocol (MINA)
Popularly known as the world’s lightest blockchain, Mina is building an infrastructure that provides security and privacy for Web 3 applications. The protocol is so small that it doesn’t even require third-party nodes for the network to run. Any user can quickly connect and conduct on-chain verification with complete privacy. The native currency of the blockchain, MINA is required to stake and participate in block production. Holders can also delegate their tokens to earn rewards in exchange for locking their assets. Compared to other blockchains, there’s no bonding or slashing period when it comes to staking MINA.
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