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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
As the leaves begin to fall and the days grow shorter, investors are looking for cryptocurrencies expected to heat up this autumn. Uniglo (GLO), Uniswap (UNI), and Theta Network (THETA) are all anticipated to see price spikes in the coming months.
Uniglo is the new star in space with ambitions to build the GLO token as a tool to fight market volatility. Uniglo promotes itself as a new social currency connected to a Uniglo community-owned investment portfolio. It maintains a vault where digital money and digitized physical valuables are stored. As the assets create revenues, the GLO token likewise appreciates, and the entire Uniglo community benefits as well. The unique dual-burn process of the project destroys a remarkable number of tokens. 2% of each GLO purchase/sale is burned in this manner. In addition, using the revenues from the vault, Uniglo will repurchase $GLO tokens and remove them from circulation indefinitely. While burning is not new to the business, Uniglo's process is expected to be far more effective than occasional burns.
Profitability is simple and straightforward with Uniglo. Investors need just purchase $GLOs and cast votes; automatic burning mechanisms and a smart contract perform the remaining tasks.
Notably, Uniglo is now being built on the Ethereum network. Ethereum network is already one of the most popular platforms for developing decentralized applications and cryptocurrency initiatives. With its forthcoming merge, which promises even speedier and more scalable operations, Uniglo is set to provide even more innovative and superior services.
Uniswap is another top-tier cryptocurrency to purchase this month. The popular decentralized exchange platform Uniswap, which was developed in 2018 on Ethereum, uses smart contracts to simplify automated trades. Uniswap is essentially a liquidity supplier, which is a crucial service in DeFi.
The Uniswap Foundation raised $74 million to fund initiatives to improve the platform's governance processes, protocol development, and decentralized exchange transactions. Consequently, numerous upgrades may be anticipated from Uniswap.
According to WhaleStats, UNI is currently in the top 500 Ethereum holdings of the 500 largest whales over the last 24 hours. This is a great development for Uniswap, whose margins have recently shrunk.
Theta Network (THETA) was founded by Mitch Liu and Jieyi Long in 2017. Theta Network tokens may be traded on AAX, Digifinex, and Binance. Theta Network (THETA) is the native token of Theta Network, a blockchain that supports live and on-demand streaming apps. Theta Network intends to encourage computer networks to operate decentralized video streaming outlets.
Theta blockchain is now the only end-to-end decentralized video streaming protocol that provides technological and economical solutions to its customers. Theta Network enables its customers to stream films by providing them with more bandwidth, computing resources, and incentives. Theta Network (THETA) also offers higher quality, smoother video streaming and a decentralized peer-to-peer network that gives global feeds at a lower price.
With the upcoming Ethereum merge and Uniglo's launch in October, fall seems to be an exciting season for investors waiting for positive news.
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