Binance is home to many experts and experienced crypto users who keep a close eye on the market for any valuable developments. According to one Binance insider, the next bull wave is coming. When the wave hits the crypto market, holders of Cronos (CRO) and
FTX (FTT) can be placed in an excellent position. The insider also notes that the crypto market could see the rise of a new decentralized finance (DeFi) player, Uniglo (GLO), in the next bull run.
The upcoming bull wave will be rewarding for holders of the Cronos token, CRO. Cronos was the first EVM compatible chain built on Cosmos. This chain provides an instant gateway for decentralized applications (DApps) from ethereum ethereum Blockchain NetworkTechnology Followers: 0 View profile and Ethereum Virtual Machine (EVM) compatible chains. Cronos is also known for bridging to the public chain Crypto.org Chain. It was also previously referred to as Crypto.org Coin. However, in an effort to reflect the growth and expansion of its entire ecosystem, it was renamed to cronos. chronos Blockchain Network Followers: 0 View profile , or CRO in February earlier this year. Today, the network has approximately 10 million users.
FTX is a cryptocurrency exchange platform in which its native token FTT is used as the fee for trading, collateralization, staking and receiving non-fungible token (NFT) rewards. Some holders of the FTX token, FTT, may have given up on this token during the bearish market. But the price of FTT may rise soon as the market is about to be hit by the next bull run. The price of FTT is expected to rise, providing strong earning opportunities for those who buy the token today.
Similar to ftx exchange ftx exchange Centralized Exchange Followers: 0 View profile uniglo uniglo Cryptocurrencies Followers: 0 View profile also dabbled in NFTs to some extent. Uniglo is a new community-based social currency that has a foundation built with a wide variety of assets. The project will implement and grow an asset vault for digital currencies, digitized gold and rare NFTs. This asset basket is intended to strengthen Uniglo’s native token, GLO, to ensure that it does not easily rise and fall according to the whims of token holders or the macroeconomic factors in the market. However, unlike Cronos and FTX, Uniglo offers fractionalized asset ownership as well as the implementation of a special Ultra-Burn mechanism that will further reduce the supply of GLO in the secondary market.
The cryptocurrency market is on a long slump in 2022. As the market approaches the next bull wave, crypto investors should prepare to make their choice of which digital currencies to hold once the market picks up.
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