November has historically been a great year for the crypto market, as we have seen from our past experiences. The current accumulation phase might be heating up for one final dip before we take the upward trajectory once again. Some high-potential projects like Uniglo, Chain, and Tezos could gain unparalleled momentum in the coming rally. Here’s why.
Uniglo is a one-of-a-kind social currency backed by a pool of tangible and intangible assets that protect the inherent value of the native token. For each GLO trade on the network, there’s a 5% tax that goes directly toward the GLO vault, while 2% of that transaction is permanently taken out of circulation. This does not only back the floor price but also ensures constantly reducing supply. The tokenomics is designed in a way to absorb any turbulence in the market. It is currently in the presale phase and makes for a great investment ahead of the smart contract launch.
Chain is a cloud-based blockchain infrastructure provider that aims to drive mass adoption across enterprises through a broad spectrum of tools. It combines an advanced network, offering NFT as a service, blockchain access on demand, and many more. It eradicates technical boundaries to allow new seamless onboarding of new users. Chain provides a viable alternative to centralized firms like Microsoft, Google, and Amazon. The utility token of the platform, XCN is rewarded to any user who participates in any form. One can also secure consistent passive income by staking their tokens on the platform. The current price action of XCN is indicating a possible reversal that may lead to a rally in November.
With governance and user participation at its core, Tezos aims to change the future of the internet, where users can seamlessly interact with each other over a decentralized network. The platform is designed to facilitate active community participation where everyone can propose or approve amendments. Unlike PoW blockchains, Tezoz requires lesser cost and energy to operate, making it a perfect platform for building blockchain applications. The native token XTZ is used to secure the network through staking, paying transacting fees, and interacting with dApps.
Find Out More Here