The world of cryptocurrencies is regularly changing and evolving. One day, a new coin or token will be all the rage; the next day it will be something else. This can make it difficult to keep up with the latest trends, but it is essential to do so if you want to make money in this volatile market.
One of the latest trends is the Uniglo (GLO) DAO protocol, which has just announced the start of its second pre-sale phase. This protocol is designed to allow users to create a leading digital vault that will give investors partial ownership of the world’s leading digital assets.
Uniglo also implements two different recording methods to protect its native $GLO token as much as possible from market volatility. The protocol is based on the Ethereum blockchain and uses the ERC20 token standard. The protocol is currently in ICO mode and is expected to launch on the Uniswap exchange later this year.
The first phase of the pre-sale protocol attracted a lot of interest from buyers, with more than 25 million GLO tokens sold. The second phase is expected to be even bigger, with the community growing daily.
As Uniglo hits its highs, the known market leaders – Bitcoin (BTC), Polygon (MATIC), and Cardano (ADA) finally show bullish signs again. The article will discuss positive trends in the market that could lead to strong upsides.
Is Bitcoin (BTC) Finally Bullish?
Bitcoin, the world’s leading cryptocurrency, temporarily hit $25,000 for the first time since mid-June as the boost from cooler-than-expected US inflation figures and a major improvement in inflation persisted’ Ethereum’.
The number of major Bitcoin holders has reached a new local high of 15,800, indicating that some market participants anticipate the rise to continue and hoard as many coins as possible.
The number of BTC addresses holding between 100 and 10,000 BTC reached its highest level since June 11. The most recent performance of the leading cryptocurrency, which is up 21% since July, could be responsible for such a rapid and significant rise. .
As more directions enter the accumulation cycle, it provides more support for the asset’s move, which is the main precondition for the continuation of the current rally, which is already showing signs of easing.
Polygon Pricing Model (MATIC) looks promising again
Polygon, a platform for developing and deploying Ethereum-compatible blockchain applications, has also seen its price rise in recent weeks.
Polygon (MATIC) price is approaching the $1 threshold and may be about to come out of crypto winter. MATIC price looks extremely bullish, and a short pullback this week could propel the bulls above $1 and position them for a big rally.
Will Cardano (ADA) Vasil Fork Bring Bullish Trends?
Meanwhile, the Cardano project is working on some big innovations, including the highly anticipated Cardano Vasil hardform.
The Cardano Vasil upgrade will increase the scalability of the Cardano chain and minimize gas fees. This year will also bring the Cardano hydra upgrade, which will increase investor confidence in the asset.
Based solely on development activity, ADA ranks second among all altcoins, indicating that developers have worked tirelessly to make Vasil Fork a reality.
Time will tell if there will be a massive increase in the price of ADA after the fork, but one thing is for sure: the crypto winter is coming to an end; Uptrends are spreading across all assets, and now may be the best time to give popular cryptocurrencies and upcoming ICOs another shot.
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