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Cryptocurrency whales are always on the hunt for the best assets to bet on. And a newcomer to the crypto space–Uniglo (GLO)–is in a unique position to catch their attention. Uniglo aims to implement an exceptional burn rate to preserve its token price. As this protocol begins its first presale, whales could be swarming this project in the coming months.
What is Uniglo (GLO)?
Uniglo is a new cryptocurrency gem that introduces a dual burn method. First, it applies a standard burn model similar to what most established cryptos do to drive the scarcity of their token supply. Uniglo will burn 2% of the trade each time its token is bought or sold. This method helps preserve the value of the GLO token and thus benefits its holder.
Secondly, Uniglo aims to apply an Ultra Burn Mechanism. The protocol will have an asset vault holding various digital assets and digitized real-world...
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