The crypto landscape could be changing. And this might be the lucrative moment to start placing your bets.
If you are planning to join the wave for profitable undertakings, you might have to understand the growth potential of assets like Uniglo (GLO), Chainlink (LINK), and Polkadot (DOT).
Uniglo (GLO)
Uniglo is a new player within the decentralized finance market built on the Ethereum blockchain. Meanwhile, the project has attracted the attention of investors and whales.
It appears to cement its presence in the DeFi world due to its high-end ultra-burn mechanism. Nevertheless, the GLO community will capitalize on the profits the project generates by purchasing and selling various assets that soar.
Unlike many cryptos in the market, Uniglo will focus on the growth of stable ‘real-world’ assets and volatile assets. Meanwhile, GLO presell started on 15 July.
And it has already gained more than 25%. It might be a lucrative moment to invest in Uniglo to take advantage of the price surges that will follow its growth and expansion.
Polkadot (DOT)
Polkadot might also record massive price upticks soon. Polkadot blockchains ensure blockchain interconnectivity and interoperability. It is a secure platform for transactions and communication between independent chains.
Recently, Polkadot’s developers declared the upcoming parachain lease actions plus several governance events this month, which will likely boost DOT’s demand. Analysts believe the alternative token might gain up to 50% come September.
Chainlink (LINK)
Chainlink closes our list. While projects like Avalanche, Solana, and Ethereum focus on allowing decentralized apps and project developments, Chainlink runs a hybrid ‘smart’ contract and allows off-chain data recovery.
Chainlink sees increased popularity in the financial space, and some reports term it the most used oracle protocol.
Meanwhile, Chainlink’s LINK has demonstrated attractive demand, with more than 7K investors executing orders for about 300 million tokens. The order volume translates to approximately $2 billion.
Final Thought
The crypto market appears ready for upside, and you can join the wave to enjoy anticipated returns. Altcoins such as Polkadot (DOT), Uniglo (GLO), and Chainlink (LINK) seem primed for uptrends soon. However, further research remains paramount.
All the best!