The digital asset landscape has grown incredibly in a brief period. Whereas Bitcoin used to dominate the market and drag every other cryptocurrency in the same direction, this no longer remains the case. Thanks to unique use cases and value propositions, many digital assets have decoupled from Bitcoin’s price action and forged their own path.
Uniglo.io (GLO), Ethereum PoW (ETHW), and Tokenize Xchange (TKX) are examples of deviating projects that continue to make solid and steady gains regardless BTC’s price action.
The first mention has to be Uniglo. This project continues to outperform and exceed expectations. Uniglo holds a mixture of assets and, through this diversification, has created a long-term store of value. The tokenomics include buy and sell taxes which fund asset acquisitions. The Uniglo vault holds a blend of large-cap cryptos for long-term price appreciation (BTC & ETH), smaller-cap cryptos for growth speculation, stablecoins to hedge against volatility, and the ace in the hole, NFTs.
The vault holds NFTs representing high-end physical goods, such as fine art and real estate, which have proven to be excellent stores of value, and are typically inaccessible to ordinary investors. Through accumulating assets and creating a value-backed token, Uniglo has made a capital haven in the bear market. And all indicators signal that this token will continue its current price trajectory.
Ethereum PoW (ETHW)
The Ethereum PoW is a hard fork resulting from the Ethereum Merge to Proof of Stake (PoS). Ethereum PoW retains the original consensus mechanism, and thousands of miners globally support this project. Many took advantage of the snapshot, and all ETH holders received an ETHW airdrop. Several significant exchanges already list ETHW, which continues to display solid gains despite the general market trend.
Tokenize Xchange (TKX)
Tokenize Xchange is a centralized exchange steadily attracting a growing user audience. Headquartered in Singapore, this exchange has already received regulatory approval and supports an extensive range of digital assets. TKX is the native token and allows investors to derive maximum benefit from the exchange. Users who stake their TKX enjoy higher yields with the exchange’s crypto earn program. With the platform offering 8% APY on USDC stablecoin, many investors are migrating their funds to this new exchange.
The market has matured, and investors can make money in any market condition; they just need to find solid projects. Out of the three, all of which are excellent, the shining star has to be GLO. With a small market cap and a hefty use case, this token easily has the potential to 20X.
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