As the crypto bear market goes back into hibernation and the bulls come back to pasture, the cryptocurrencies that come out of the gate roaring this year will have a good shot at setting for 25X returns over the next eight to ten years. Here are three cryptocurrencies that are looking very strong as the world turns.
The best way to get 25X out of an investment is to get on board the rocketship before it takes off. Uniglo is still fueling up on the launch pad and will be ready for launch by mid-October (just in time for the upcoming market reversal). For less than two cents a token, you can get involved in the GLO presale. The tokenomics of GLO are specially designed to benefit early holders the most.
So what is Uniglo? Uniglo is a DAO. That is a decentralized autonomous organization. What that means is that all of the activity of the ecosystem is voted on by holders of the token. The main thing holders will be voting on is how to invest the common treasury. The idea is to build up an ever-expanding collection of digital assets such as cryptocurrencies, NFTs, and tokenized assets like gold and collectibles. This means that GLO will be a treasury-backed token.
Could GLO pull a 25X gain? The thing is, being a deflationary token, GLO is almost guaranteed to go up in price as the supply shrinks while the treasury grows. A double layer burn mechanism is constantly decreasing the circulating supply and propping up the price. You can get in on the presale and learn more at Uniglo.io.
BitDAO — a whale of a DAO
BitDAO is a decentralized autonomous organization that’s managed by holders of BIT tokens. BitDAO is one of the largest DAOs on the planet. BitDAO is on a mission to build a decentralized tokenized economy that is available to everybody who is interested in investing in early startup Web3 projects.
BitDAO was founded by Bybit, a Chinese derivatives exchange. Early investors include big names like Peter Thiel, the Thiel-founded Founders Fund, Pantera Capital, and Dragonfly Capital.
BIT is up 75% since mid-June. What would it take for this token to moon and pull a 25X? Well, that’s all up to the holders of the token. As a DAO, there’s no company hierarchy. Here’s the thing. Surely several digital assets will grow by 25X in the next 10 years. The question is, will the BitDAO community be able to pick them? Maybe they can with your input.
The Chiliz token (CHZ) is the native cryptocurrency of the Chiliz network. It allows users to purchase Fan Tokens on Socios.com to show their support for professional sports teams. So far football (soccer to you Yanks) is the main focus. Holders of the tokens can earn benefits like the ability to vote on club activities and earn special rewards.
While CHZ is down more than 80% since its 2021 highs, the price has almost doubled in the past few weeks. To get back to making new highs, CHZ would have to pull a 5X from here. Is there a possibility that CHZ could produce 25X returns before the decades is out? That depends on whether the ecosystem can branch out beyond football clubs. While football pulls in tens of billions of dollars in revenue annually, it’s still a niche market. If they can make headway in other professional sports and also entertainment franchises, they could easily put out 25X for early investors.
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