Last year, cryptocurrency was one of the hottest investment spaces in the world. Crypto was seen as decentralized and inclusive–it welcomed everyone who had some money set aside for investments. But the biggest come-on of crypto was perhaps the promise of transforming a regular investor into a millionaire.
Today, that promise has been blurred by the bear market and looming recession. But we believe that reaching your million milestone remains possible. It just takes knowledge about the cryptos that can take you there. For us, the three cryptos you need to be researching on are Uniglo (GLO), Fantom (FTM), and Binance Coin (BNB).
Becoming a millionaire with Uniglo (GLO)
Uniglo (GLO) is a community-based social currency that has just started its first presale. This protocol takes on a hyper-deflationary token model. It uniquely implements an Ultra-Burn Mechanism, which involves buying back tokens from the secondary market and burning them. A percentage of tokens that are bought and sold is also burned to perpetuate the scarcity of GLO.
Uniglo also has an Asset Vault that will hold asset-backed NFTs and digital currencies. The vault is all about maximizing the potential of different assets that will appreciate. Uniglo also invests in cryptocurrencies, ensuring that investors do not miss out on the strong earning potential of exciting crypto picks. You could, therefore, become a millionaire by holding on to GLO tokens for a long time.
Potential gains with Fantom (FTM)
Fantom is a popular smart contracts platform for decentralized applications and digital assets. While other platforms applying smart contracts suffer from lags and inefficiencies, Fantom is fast, reliable, and cost-efficient. No wonder it is attracting an increasing number of users and developers.
To sustain its growth, Fantom is focused on introducing upgrades and improvements to attain a Web3-leading level of decentralization, scalability, uptime, and throughput. As such, its token FTM is seeing incremental gains despite the bearish market. Once the market recovers, this platform could scale further and incur massive token gains.
Earning with Binance Coin (BNB)
The Binance Coin powers the BNB Chain, which is one of the largest crypto exchanges in the world. This chain has gone through a busy evolutionary journey over the years. Early this year, the platform consolidated Binance Chain and Binance Smart Chain (BSC) into one name: BNB Chain. This move was partly to ensure an integrated view of the BNB token within the BNB ecosystem.
Another reason was to focus on decentralization, innovation, and large-scale applications. With many functions and new developments in tow, BNB is expected to remain one of the top digital currencies in the market. Investing in it now during the bear market could spell massive gains in the coming months or years.
The bottom line
Becoming a millionaire with cryptocurrencies is not impossible, but it does take some work to choose the right assets. By investing in tokens like Uniglo, which have diversification, long-term asset appreciation, and community-based decision-making in their DNA, you can be one step closer to achieving millionaire status.
For More information:
Join Presale: https://presale.uniglo.io/register
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