• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Monday, June 5, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Uniglo to Be Clear Favorite Ahead Of XMR, XLM, & BCH!

August 28, 2022
in Crypto News
Reading Time: 3 mins read
A A
Uniglo to Be Clear Favorite Ahead Of XMR, XLM, & BCH!
ShareShareShareShareShare

The Hash Ribbons indicator has flashed, historically identifying some of the best price levels for long-term positions on Bitcoin. It recognises when miners are capitulating due to being unprofitable, driven by low valuations of Bitcoin. When miners struggle financially, they turn off their rigs, which often coincide with macro bottoms. 

Why Is This Important?

Miners are struggling means the macro bottom is fast approaching. The price of Bitcoin dictates the market’s overall direction, and this buy signal means digital assets are at their best entry point. All with depressed valuations ready to soar within the coming months. A new value-backed currency Uniglo (GLO), shows solid fundamentals and is on track to outperform giants such as Monero (XMR), Stellar (XLM), and Bitcoin Cash (BCH).

Related articles

Harnessing XRP (XRP) for Cross-Chain XRPL Innovations and Sparklo…

Harnessing XRP (XRP) for Cross-Chain XRPL Innovations and Sparklo…

June 4, 2023
Ripple’s XRP, Stellar’s XLM, and IOTA Eye SWIFT Integration

Ripple’s XRP, Stellar’s XLM, and IOTA Eye SWIFT Integration

June 4, 2023

Uniglo (GLO)

Uniglo is an Ethereum-based social currency. The protocol leverages the programmability of blockchain and fundamental economic principles like scarcity and value backing to introduce an organic floating store of value. Inflation has shown how rapidly the true purchasing power of fiat is eroded, and the recent market volatility within digital assets has left investors stuck.

GLO is intrinsically backed by the Uniglo Vault, by employing buy and sell taxes, the Uniglo treasury purchases a broad range of assets; these give GLO a natural floor price and increase in value alongside general economic growth. Asset ownership is one of the best-proven methods for preserving wealth. Uniglo also allows ordinary investors access to high-end tangible items such as fine art and gold, offering a much-needed alternative store of value in the current climate. 

Monero (XMR)

Monero launched in 2014 and is a cryptocurrency designed solely around privacy. It allows market participants to make anonymous transactions and obscures senders and receivers through cryptography. The recent arrest of the Tornado Cash developer has enflamed privacy concerns. With increasingly centralized exchanges mandating KYC (Know Your Customer), the desire for privacy-focused cryptos is rapidly expanding. 

Stellar (XLM)

Stellar facilitates global transfers of value. Blockchain technology has made it possible to send value anywhere in the world within minutes, compared to the cumbersome legacy systems of TradFi, where international transfers take days.

Stellar is the global payments system of tomorrow, and XLM is the native currency. XLM acts as the intermediary asset for all transfers and allows thousands of transactions to be made for less than a fraction of a cent.

Bitcoin Cash (BCH)

Bitcoin Cash is a hard fork from the Bitcoin Network that increased the block size allowing the network to become more scalable. Bitcoin offers a fantastic store of value but is a poor option for daily transactions. Bitcoin Cash is the alternative peer-to-peer electronic system ideally suited for smaller everyday transactions that allow the trustless transfer of value between two parties without the need for a centralized intermediary. With growing adoption, the need for decentralized and rapid payment systems increases, making Bitcoin Cash a solid option for investors.

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


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin exchange outflows top $1B daily, while Ethereum sees net inflows

Next Post

Shiba Inu Burn Rate Spikes by 100% Over the Week With Over 1.2B SHIB Burned

Related Posts

Harnessing XRP (XRP) for Cross-Chain XRPL Innovations and Sparklo…

Harnessing XRP (XRP) for Cross-Chain XRPL Innovations and Sparklo…

June 4, 2023

The potential of Ripple's XRP in fostering cross-chain developments on the XRP Ledger (XRPL) is significant in the crypto world....

Ripple’s XRP, Stellar’s XLM, and IOTA Eye SWIFT Integration

Ripple’s XRP, Stellar’s XLM, and IOTA Eye SWIFT Integration

June 4, 2023

Crypto heavyweights Ripple, Stellar, and IOTA are making technological advancements and ensuring regulatory compliance in an effort to achieve SWIFT...

Will BTC Price Hit ATH in 2023? Analyst Predicts Timeline For Bitcoin Bull Run

Will BTC Price Hit ATH in 2023? Analyst Predicts Timeline For Bitcoin Bull Run

June 4, 2023

The highly anticipated Bitcoin halving event, scheduled for April 2024, has created a buzz in the crypto community. Many analysts...

Prominent XRP Advocate, John Deaton’s Twitter Hacked- Here’s What Happend

Prominent XRP Advocate, John Deaton’s Twitter Hacked- Here’s What Happend

June 4, 2023

John Deaton, a well-known lawyer in the cryptocurrency space who has shown support for XRP, recently experienced a distressing situation....

Draft Bill Defines SEC-CFTC Roles And More

Draft Bill Defines SEC-CFTC Roles And More

June 4, 2023

A recently proposed draft bill could set clearly defined roles for the SEC and the CFTC, giving much-needed clarity to...

Load More
Next Post
Shiba Inu Burn Rate Spikes by 100% Over the Week With Over 1.2B SHIB Burned

Shiba Inu Burn Rate Spikes by 100% Over the Week With Over 1.2B SHIB Burned

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Tether attestation shows $1.5B worth of Bitcoin in reserves

Tether attestation shows $1.5B worth of Bitcoin in reserves

May 10, 2023
Crypto Crackdown In Bali: Gov't Targets Foreign Tourists' Use Of Digital Currency – Bitcoinist

Crypto Crackdown In Bali: Gov't Targets Foreign Tourists' Use Of Digital Currency – Bitcoinist

May 29, 2023
Litecoin Price Prediction: June 2023

Litecoin Price Prediction: June 2023

June 2, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • All Nippon Airways Jumps into the NFT Space
  • CFTC Proposes Rule Update to Account for Crypto and Cyber Risks – Regulation Asia
  • SFC Issues Guidance on Crypto Licensing Transitional Arrangements – Regulation Asia

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$26,892.00-0.61%
  • ethereumEthereum(ETH)$1,875.28-0.95%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.19%
  • binancecoinBNB(BNB)$301.97-1.30%
  • usd-coinUSD Coin(USDC)$1.000.12%
  • rippleXRP(XRP)$0.532.06%
  • staked-etherLido Staked Ether(STETH)$1,871.69-1.14%
  • cardanoCardano(ADA)$0.375458-1.00%
  • dogecoinDogecoin(DOGE)$0.071667-1.38%
  • solanaSolana(SOL)$21.631.75%
  • matic-networkPolygon(MATIC)$0.89-1.93%
  • tronTRON(TRX)$0.081420-0.38%
  • litecoinLitecoin(LTC)$93.28-1.95%
  • polkadotPolkadot(DOT)$5.28-1.08%
  • binance-usdBinance USD(BUSD)$1.000.10%
  • avalanche-2Avalanche(AVAX)$14.760.99%
  • shiba-inuShiba Inu(SHIB)$0.000009-0.81%
  • daiDai(DAI)$1.000.02%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,923.00-0.76%
  • uniswapUniswap(UNI)$4.98-2.34%
  • leo-tokenLEO Token(LEO)$3.620.37%
  • chainlinkChainlink(LINK)$6.38-1.09%
  • cosmosCosmos Hub(ATOM)$10.69-0.62%
  • okbOKB(OKB)$45.54-0.45%
  • moneroMonero(XMR)$147.48-1.10%
  • ToncoinToncoin(TON)$1.74-0.13%
  • ethereum-classicEthereum Classic(ETC)$17.98-1.13%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.091152-1.12%
  • bitcoin-cashBitcoin Cash(BCH)$114.64-0.19%
  • internet-computerInternet Computer(ICP)$4.74-1.59%
  • true-usdTrueUSD(TUSD)$1.000.03%
  • lido-daoLido DAO(LDO)$2.27-2.25%
  • filecoinFilecoin(FIL)$4.58-5.51%
  • AptosAptos(APT)$8.92-0.84%
  • quant-networkQuant(QNT)$115.91-0.19%
  • hedera-hashgraphHedera(HBAR)$0.050103-0.97%
  • crypto-com-chainCronos(CRO)$0.0605711.67%
  • ArbitrumArbitrum(ARB)$1.17-3.83%
  • nearNEAR Protocol(NEAR)$1.61-1.52%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • vechainVeChain(VET)$0.019559-1.70%
  • apecoinApeCoin(APE)$3.243.54%
  • the-graphThe Graph(GRT)$0.124001-4.06%
  • algorandAlgorand(ALGO)$0.150688-1.05%
  • the-sandboxThe Sandbox(SAND)$0.592.49%
  • eosEOS(EOS)$0.91-1.33%
  • paxos-standardPax Dollar(USDP)$1.000.06%
  • fraxFrax(FRAX)$1.000.05%