Uniglo (GLO) Melts Expectations with 25% Price Increase in One Day, Leaving Chainlink (LINK) and Avalanche (AVAX) Far Behind

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If you are looking for the next hottest project in crypto, take a look at Uniglo (GLO). This project is currently on presale and projected to be a big win for early investors. It started pre-selling its native token GLO in the middle of July, and some people might have thought an unfamiliar token would not make gains in this bear market. However, GLO has been surging, increasing its price by 25% in a single day and simply melting any expectations from standby market observers. Given its growth, Uniglo is leaving projects like Chainlink (LINK) and Avalanche (AVAX) behind.

Uniglo is a novel decentralized project with a unique social currency called GLO. The project has two essential functions working together to support the price of its token. First, it has an asset vault that contains different kinds of cryptocurrencies and exciting digitized assets. This vault helps drive the demand for GLO. The profits from selling these assets will then be used to buy back GLO tokens from the secondary market. The repurchased tokens are burned to reduce the total supply of GLO in a feature called the Ultra-Burn Mechanism. With a unique structure to control supply and demand, Uniglo has attracted many investors. The total increase of GLO has already gone past 45% and continues to increase as the project nears its launch date.

Chainlink is an oracle network that powers hybrid smart contracts. It supports the mass adoption of blockchain technology by enabling developers and enterprises to interact with the smart contract economy and integrate their systems. As part of its goal to facilitate multi-chain systems, Chainlink recently