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Wealth creation has always been about finding new ways to make money. In the past, this meant finding new sources of income or developing new business models. However, there are new ways to create wealth that didn't exist before in the internet age. One way is by investing in fresh cryptocurrencies, also referred to as crypto gems, that are still not widely popular in public but hold great potential. Uniglo (GLO), BitDAO (BIT), and Evmos (EVMOS) are our best picks.
In the decentralized finance (DeFi) market, Uniglo is a recent entrant. Uniglo provides something extraordinary, just like every new cryptocurrency that grabs the attention of whales and experts. It uses a multi-asset-backed treasury to pay for the acquisition of reliable digital assets.
Additionally, Uniglo demonstrates the Ultra-Burn Mechanism, the newest token-burning model. According to reports, Uniglo was one of the first Ethereum applications to use this dual-mechanism approach.
The Uniglo protocol will buy back GLO tokens from the open market and permanently withdraw them from circulation. The community will decide the frequency of this mechanism. Thus token holders will have direct input on what might increase the value of GLO. Within the second method, 2% of each GLO sale will be automatically destroyed by well-programmed smart contracts.
Uniglo has so far increased by 30%, and analysts expect no going back. The ICO performance of this gem goes significantly well, so let’s hope for the best!
By creating a decentralized token economy, BitDAO, a decentralized autonomous organization, hopes to level the playing field for everyone around the globe. This protocol is run by BIT token holders and is one of the biggest and newest decentralized autonomous organizations focusing on DeFi.
With a favorable coin reputation, BitDAO is already well-known in cryptocurrencies. BitDAO is a severe initiative with experienced and influential staff at its core.
BitDAO is undoubtedly a currency to be reckoned with in the future, and it is evident that the team behind it still has enormous ideas for the future. When you simply examine the price history of BitDAO, you can see that an increase of 100–200% between 2022 and 2023 is not out of the question. Therefore, expecting significant growth in this cryptocurrency in the future is not implausible.
The Inter-Blockchain Communication protocol, or IBC, called Evmos, is the blockchains' IP layer. IBC is now the most secure, decentralized, and safe mechanism to transfer assets across various blockchains, enabling chain interoperability.
Evmos is growing to become one of the biggest cryptocurrencies in the world. The future of Evmos seems to be quite promising, partly because of collaborations with several significant businesses and widespread societal acceptability.
BitDAO strives to provide essential products that will enhance the efficiency and use of BitDAO and other DAOs. The DAO's treasury management is able to deploy and oversee assets to generate income as part of the core offering, which consists of a collection of on-chain and off-chain governance solutions and goods. Additionally, BitDAO wants to fund projects or products for teams in the cryptocurrency sector via grants. Every grant is subject to voting and is awarded for the benefit of the crypto community.
Being in the early stage of development makes these three even more attractive. Thus, get in soon, not to miss them skyrocketing.
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