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A battle between the bulls and bears is currently taking place; Bitcoin’s price hovers below USD 24,000, which is the critical level of resistance it must break through to maintain a bullish sentiment. Many investors are looking to the 200-week moving average as a key level of support. Bitcoin may lead the market, but Bitcoin dominance is currently in decline, meaning money is flooding into altcoins. Some of these lower cap cryptos offer incredible investment opportunities, with Uniglo (GLO), Chiliz (CHZ), and Stepn (GMT) all battling through the ranks. These small caps have incredible potential and could join the top hundred tokens by the end of the year.
Uniglo is a new approach to currency and offers investors exposure to a fantastic range of assets. In a time of dire inflation and expansionary government policy, increasing amounts of fiat have been printed, devaluing the native currency. With more than 1.2 billion people currently living in countries with double-digit inflation. In layman’s, any money these people have saved is rapidly decreasing in value, and Uniglo has been launched to offer investors an investment ehicle to preserve wealth and speculate on growth. The GLO token has its floor price supported by the Uniglo Vault, which holds a collection of digital, real-word, and NFT assets. Buy and sell taxes on GLO fund the treasury which acquires these assets. Uniglo will also invest in high-end assets usually out of reach for the ordinary investor. Uniglo will be partaking in an active Buy Back and Burn of GLO tokens. Whenever assets housed in the vault have appreciated, a portion of the sale profits will
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