Gigantic Supply Shock Imminent for Uniglo.io as Community Passes Burn Proposal – LUNC and SHIB Holders Buying Presale

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Investors have watched their crypto portfolios crumble in recent months. More savvy investors have been using this time to bolster their portfolios.   

A recent DAO proposal by Uniglo has telegraphed easy gains to the crypto community, and LUNC and SHIB holders have been buying GLO tokens en masse. 

Uniglo.io

The Uniglo DAO passed a proposal to undertake an enormous burn event. This drastic reduction in supply will cause a supply shock and give GLO the momentum to make an easy 5X. Uniglo represents one of 2022’s most exciting launches, and even Business2Community has picked up on the protocol’s success. 

Uniglo’s value position is simple: provide a long-term store of value for crypto investors. But the implementation of asset ownership and scarcity put this protocol in a league of its own. Uniglo introduces the digital asset standard and holds a unique collection of digital assets that value-back GLO. Additionally, it implements a hyper-aggressive burning strategy, and these mechanisms result in a token with a constantly appreciating valuation. A genuine DeFi gem and one ready to challenge the DeFi hierarchy.

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LUNC 

LUNC holders have been apeing into GLO. Binance began burning all the associated trading fees on the LUNC token, and Binance has already burnt nearly twenty billion LUNC. Investors holding LUNC have witnessed firsthand the power of reducing the total supply, and on-chain analysis shows they have been buying as much GLO as they can before the burn event. 

SHIB 

Shiba Inu is another project that implemented a massive burn campaign. To date, 41% of SHIB’s total supply has been burnt, and this reduction in supply allows each SHIB token to command a greater price. Investors obviously like this mechanism, and SHIB holders have targeted Uniglo aggressively. They already know that the future supply shock will send the token soaring. 

Closing Thoughts 

Uniglo’s burn campaign will considerably reduce GLO’s total supply. This will be one of the most aggressive burns ever witnessed in crypto, and the resulting supply shock will send GLO parabolic. Such easy investment plays come along infrequently and buying GLO before the burn is an easy money maker.

Find Out More Here:

Join Presale: https://presale.uniglo.io/register  

Website: https://uniglo.io 

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