Bitcoin is playing the hide-and-seek game as we enter the Q4 of 2022, which has historically been bullish for the overall crypto market. The prices may be down right now, but it doesn’t scare away smart investors from taking a position. The continued fascination with crypto has to do with the past record of bitcoin and cryptocurrencies. Every time the market has defied the odds and come roaring back. There’s every reason to stay positive and invest in some super cryptos like Uniglo, Bitcoin Cash, and Filecoin.
Uniglo is a unique solution that aims to protect investors’ money from market volatility. There was a need for innovation in the idea of programmable money that existed ever since the inception of blockchain. Developers at Uniglo have created a mechanism where the value of the currency is backed by a pool of digital assets, NFTs, real-world collectibles, and other tangible assets. The inherent value of the token GLO is directly supported by the treasury vault. Furthermore, the ultra-burn mechanic ensures there’s a constantly reducing supply that keeps the price moving.
Bitcoin Cash (BCH)
Bitcoin Cash is another version of Bitcoin that came into existence as a result of the hard fork. In comparison to Bitcoin, it allows higher transactions per block by increasing the block size. The native token BCH is used as an exchange of value, which can be sent anywhere in the world. It offers higher privacy and anonymity than traditional systems like cash transfers and electronic payments. The team behind Bitcoin Cash is focused on constant innovation in a bid to become a reliable P2P electronic cash.
Centralized cloud storage solutions are not only expensive, but they have complete control over your data. Filecoin was born as a viable alternative to offer storage services at the best deals. It is a decentralized storage network where anyone can park their files in someone else’s hard disk space. Incentives in the form of FIL tokens are given to those who offer their free space for storage. A concept like this is a step toward driving mass adoption of the world of Web 3.
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