Crypto investors eagerly await a market reversal as we enter the last quarter of 2022. One of the deepest corrections in history may finally come to an end in a few months. This is an excellent opportunity to invest in tokens like Uniglo (GLO), Evmos (EVMOS), and DeFiChain (DFI), which could be the frontrunners for the top 10 cryptos in the next bull run. Let’s take a look at what they bring to the table.
Uniglo (GLO)
Uniglo is an innovative social currency created to combat market volatility. It has a dedicated Uniglo vault with a pool of tangible and intangible assets that protect the inherent value of the token GLO. This treasury will be actively monitored to ensure all the profits are reinvested to encourage price appreciation over time. Uniglo, Evmos, And DFI will be the Best Bets for the Next Bull Run
Besides, the protocol also employs an ultra-burn mechanism, where 2% of every buy/sell transaction is moved to a burn address. This hyper-deflationary feature is designed to reduce the supply constantly and perk up the price over time. Given the response it has received during the presale phase, it would be fair to say that GLO might become one of the large-cap tokens in the coming years.
Evmos (EVMOS)
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Evmos is a permissionless proof-of-stake blockchain built on the Cosmos ecosystem, which allows interoperability with Ethereum-based applications. Due to its EVM compatibility, developers can build within a Tendermint environment using the desired features of Ethereum. The native token, EVMOS, is used to pay transaction fees and for staking to secure the network.
As a token holder, one can also participate in decision-making through governance voting. EVMOS also serves as a vehicle to define future outcomes that align validators, users, and developers. It eliminates slow transaction speeds and high operating fees generally associated with Ethereum applications. No doubt a strong contender for the top 10!
DeFiChain (DFI)
DeFiChain is a trustless blockchain platform that combines proof-of-work with proof-of-stake to provide transparent DeFi services to users. It benefits from the security of Bitcoin while keeping the gas fee lower than other chains. DefiChain allows every stakeholder to vote on proposals and determine the future roadmap of the platform.
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Developers can quickly build dApps on this protocol with quick transactions and strong security. The utility token DFI can be used to participate in governance voting, apart from paying fees for transactions and smart contract deployment.
