Bitcoin is following its four-year cycle. The macro bottom will arrive in Q4, and following this, Bitcoin will begin a new rally. When Bitcoin moves to the upside, altcoins rally hard and fast.
With Meta announcing that users can post NFTs from digital wallets, the digital asset space is witnessing mass adoption never seen before. The next bull run is likely to be unlike any prior cycle. With the new developing trend of use case tokens, Uniglo (GLO), The Sandbox (SAND), and Chiliz (CHZ) are expected to be amongst the top gainers for 2022.
Uniglo is an Ethereum-based social currency. Blending wealth preservation with growth speculation and giving investors a store of value that appreciates in the long run. Uniglo developers have deployed buy and sell taxes to fund two critical features of the protocol.
The first is value-backing. A portion of each transaction goes towards purchasing assets stored in the Uniglo Vault. The Vault will hold a collection of digital, physical, and NFT assets, giving investors broad exposure to different market segments. This collection will be actively managed and assets that have performed well sold, and profits reinvested. Uniglo is giving investors access to large-cap cryptos and high-end physical goods such as gold and fine art, generally outside the ordinary investor’s range. The second is Uniglo’s revolutionary Ultra Burn Mechanism which sees 2% of every transaction burnt, making GLO a hyper-deflationary token. A dwindling supply means severe upwards pressure on price. GLO will likely enjoy a brilliant 2022 and will continue to grow in the coming years.
The Sandbox (SAND)
The Sandbox is a leading virtual real estate broker in the digital asset space. The developers have leveraged blockchain technology to create an immersive decentralised gaming ecosystem. Within The Sandbox, investors can create and collect blockchain-based assets and, with the play-to-earn model, can sell these assets for cryptocurrency.
SAND is the utility token of the ecosystem, used for in-game trading and, most importantly, the sale of land. DeFi real estate is a market segment set to explode, and the gaming market is another market segment rife with opportunity, The Sandbox targets both. It is primed to enjoy a period of explosive growth.
Chiliz has been tearing through the ranks recently and is up more than 100% in the last month. Chiliz is the leading sports and entertainment token; by utilising blockchain technology, Chiliz has brought fans and teams closer together. Chiliz is the utility token used to purchase fan tokens on the Socios website, allowing fans to participate in the governance of their favourite teams.
Chiliz has bridged supporters and players worldwide, sports teams can more effectively monetise their fan base, and supporters can vote on proposals and have a literal stake in their favourite club. Boasting enormous partnerships, Chiliz is a token that has only just begun its journey, and primed to rally much further. The World Cup in Qatar 2022 could be a key trigger for CHZ to start another rapid climb.
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