Friday, January 27, 2023
BTC NOON
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • BNB
  • DeFi
  • NFT
  • Luna Crash
  • Regulation
No Result
View All Result
BTC NOON
No Result
View All Result
Home Luna Crash

Uniglo (GLO) Early Investors See Superb 35%+ Gains By Buying Using Tether (USDT) And Binance USDC (BUSD)

Artem Bogdanov by Artem Bogdanov
September 14, 2022
in Luna Crash
0
Uniglo (GLO) Early Investors See Superb 35%+ Gains By Buying Using Tether (USDT) And Binance USDC (BUSD)
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Amongst choppy market conditions and an uncertain macroeconomic environment, a new Ethereum-based token, Uniglo (GLO), is rapidly rising to prominence. This new social currency promises an improved store of value and has already risen by 35% in the last month. Part of its success comes from the wide array of digital assets accepted for the ICO (Initial Coin Offering).

Investors are using their Tether (USDT) and Binance USD (BUSD) to participate. This protocol offers a brilliant way for investors to diversify their portfolios. And position themselves to take full advantage of the incoming violent market reversal. 

RELATED POSTS

Baltimore police using less force amid ongoing reform effort

Where to Stream the Sarah Michelle Gellar Series

Uniglo (GLO)

Uniglo’s remarkable performance comes following its smart contract audit from DeFi security specialists Paladin. The audit rallied early investors, and with so much stablecoin in the market currently, it provides an excellent outlet for investors to put their assets to productive use.

Uniglo introduces a value-backed token GLO in reaction to the decline of fiat’s value and the volatility present in the crypto markets. GLO represents a diversified portfolio by holding a unique blend of physical and digital assets, despite being a single token. Interestingly the Uniglo Vault will keep high-end luxury items, the type typically out of the ordinary investors’ reach, such as real estate, fine art, and gold. All of these have proved superb stores of value. Fine art specifically is a great hedge against market downturn because it is typically unaffected by how markets behave.

Tether (USDT)

Tether was launched in 2014 and remains the largest stablecoin by market cap. With a total market cap of over $67 billion, USDT tracks the price of the US dollar, and Tether holds sufficient reserves to back every single USDT. Tether can be redeemed for dollars or minted with dollars.

It holds a blend of cash, commercial paper, and treasury bills to guarantee each USDT. For a long time, there have been negative rumours swirling around Tether and the validity of its reserves. But Tether has proven itself in the bear market with the Luna Crash, which saw a run on USDT and other stablecoins; with billions of dollars redeemed, USDT managed to maintain its peg. And thus prove its ability as a trustworthy stablecoin. 

Binance USD (BUSD)

BUSD is the stablecoin of the centralised exchange Binance and soon be the only stablecoin that will be utilised on the platform, with the exchange converting investors’ stablecoin funds into BUSD. This will enhance liquidity and allow more efficient stablecoin trading across the platform.  

With a market cap of over $20 billion, BUSD is the third largest stablecoin and one that is approved and regulated by the New York State and releases a monthly audit of its reserves. Widely considered one of the safest options to store digital dollars.

Find Out More Here

Join Presale: https://presale.uniglo.io/register  

Website: https://uniglo.io 

Telegram: https://t.me/GloFoundation 

Discord: https://discord.gg/a38KRnjQvW 

Twitter: https://twitter.com/GloFoundation1 

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

Was this writing helpful?





Source link

Tags: BinanceBUSDBuyingEarlyGainsGLOinvestorsSuperbTetherUnigloUSDCUSDT
ShareTweetPin
Artem Bogdanov

Artem Bogdanov

Related Posts

Baltimore police using less force amid ongoing reform effort

Baltimore police using less force amid ongoing reform effort

by Artem Bogdanov
January 26, 2023
0

By LEA SKENE - Associated Press BALTIMORE (AP) — Since the Baltimore Police Department started overhauling its practices through a...

Where to Stream the Sarah Michelle Gellar Series

Where to Stream the Sarah Michelle Gellar Series

by Artem Bogdanov
January 26, 2023
0

The long-awaited series from Teen Wolf creator Jeff Davis, Wolf Pack aims to fill that supernatural void in the hearts...

TV Review: ‘The Last of Us’ will be the best show of 2023

TV Review: ‘The Last of Us’ will be the best show of 2023

by Artem Bogdanov
January 26, 2023
0

2022 was an extremely good and bad year for television. While there were many amazing shows, such as the final...

The 10 Most Nail-Biting New Amsterdam Episodes

The 10 Most Nail-Biting New Amsterdam Episodes

by Artem Bogdanov
January 26, 2023
0

For five seasons, New Amsterdam brought us some of the most intense storylines that we'll never forget. From hospital power outages to...

Tales Of Symphonia: Every Summon Spirit, Ranked

Tales Of Symphonia: Every Summon Spirit, Ranked

by Artem Bogdanov
January 26, 2023
0

Once Sheena joins your party in Tales of Symphonia, you can have her utilize her exclusive ability to call upon...

Next Post
Missed Out on Ethereum? Buy This Cryptocurrency Now

Missed Out on Ethereum? Buy This Cryptocurrency Now

The Crypto.com DeFi Wallet to Back The Merge

The Crypto.com DeFi Wallet to Back The Merge

RECOMMENDED

Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ACCEPT Resolution

Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ACCEPT Resolution

January 26, 2023
Critical Hit? Dungeons & Dragons-Inspired Web3 Game Pivots Amid NFT Ban

Critical Hit? Dungeons & Dragons-Inspired Web3 Game Pivots Amid NFT Ban

January 26, 2023

MOST VIEWED

  • Donald Trump’s NFT Card Collection Sells Out In Less Than A Day

    Donald Trump’s NFT Card Collection Sells Out In Less Than A Day

    0 shares
    Share 0 Tweet 0
  • Destiny 2: Season of the Seraph Warmind Node locations

    0 shares
    Share 0 Tweet 0
  • How Did Sam Bankman-Fried’s Alameda Research Lose So Much Money?

    0 shares
    Share 0 Tweet 0
  • Project Cedar: Improving Cross-Border Payments With Blockchain Technology

    0 shares
    Share 0 Tweet 0
  • Could USDT Crash Like Luna? Here’s 3 Safe Options

    0 shares
    Share 0 Tweet 0

Recent News

Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ACCEPT Resolution

Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ACCEPT Resolution

January 26, 2023
Critical Hit? Dungeons & Dragons-Inspired Web3 Game Pivots Amid NFT Ban

Critical Hit? Dungeons & Dragons-Inspired Web3 Game Pivots Amid NFT Ban

January 26, 2023
Web3 Loyalty Programs Are Catalyst for Good Crypto Policy and Adoption

Web3 Loyalty Programs Are Catalyst for Good Crypto Policy and Adoption

January 26, 2023

Category

  • Altcoin
  • Altcoins
  • Bitcoin
  • Blockchain
  • BNB
  • DeFi
  • Ethereum
  • Luna Crash
  • News
  • NFT
  • Regulation

Follow Us

Find Via Tags

altcoin Altcoins analyst big Binance Bitcoin Blockchain BNB BTC buy Cardano Chain Coin Crash Crypto Cryptocurrency DeFi Digital dogecoin ETH Ethereum Exchange Eyes Finance FTX heres investors Launches Luna Market Merge News NFT NFTs Platform Prediction Price Protocol Regulation Solana Token Top Trading Week XRP

© 2021 BTC Noon

No Result
View All Result
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • BNB
  • DeFi
  • NFT
  • Luna Crash
  • Regulation

© 2021 BTC Noon