There are a lot of choices in the crypto world, and like everywhere, this makes it even harder for investors to decide which one is best for them. Although UNUS SED LEO (LEO) and Wrapped Bitcoin (WBTC) aren’t the worst choices, they aren’t the best either.
This is because there are more promising cryptocurrencies like Golteum (GLTM) to explore in this time of turbulence. Golteum has recently launched an asset-backed multi-asset trading platform that is swiftly gaining interest in the crypto sphere.
UNUS SED LEO (LEO): The Promising Utility Token for Cross-Border Transactions and Decentralized Finance
Unus Sed Leo (LEO), the native token of the iFinex ecosystem, is currently gaining momentum in the crypto market. One thing that makes LEO very different is its expiration date. The token is based on a buyback and burn mechanism, whereby the iFinex firm will buy back and burn the whole initial and maximum supply using a portion of the company’s net earnings.
The utility token primarily performs the function of a discount token for the Bitfinex trading platform. It provides discounts for fees on deposits and withdrawals made to and from primary accounts and sub-accounts.
Holders of LEO can also take advantage of lower trading costs, take part in token sales, have access to special features, and even use LEO as collateral for loans on the platform. And despite the crypto market’s performance significantly impacting UNUS SED LEO’s performance this year, experts have estimated that LEO’s price might reach $77.12 in 2030.
Wrapped Bitcoin (WBTC) Facing Uncertainty in a Challenging Crypto Market
The price of Wrapped Bitcoin (WBTC) moves in the same direction as Bitcoin (BTC), maintaining peg with the latter, and examining what is happening with the latter to determine what happens to the former makes sense
Like Bitcoin, Wrapped Bitcoin (WBTC) has significantly increased from $16,000 to around $30,000 since January, showing a respectable recovery. And like Bitcoin (BTC), Wrapped Bitcoin’s (WBTC) price has continued to hover at $30,000.
Some experts speculate that it could remain bearish for the rest of 2023, even dropping below its current value following the trend of BTC. However, some predict that it could experience a surge that will take its price to $73,278 before the end of 2023.
This predicted performance follows what is expected for Bitcoin (BTC) over the next few months. However, the uncertainty looming over this coin has made investors opt for other stable assets.
Golteum GLTM Token: Impressive Performance and Promising Future
Golteum is the world’s first Web3 multi-asset trading platform backed by precious metals like gold. This cutting-edge trading platform was developed to revolutionize the precious metals sector by giving consumers access to precious metals through asset-backed NFTs and cryptocurrency trading.
Golteum GLTM has teamed with the likes of Fireblocks to aid in the launch of this high-level trading platform. The Fireblocks Web3 Engine has been implemented, which offers treasury management, risk management tools, custody services, and a long-awaited tokenization technique for handling all precious metals and NFTs.
Traders can possess and trade precious metals-backed NFTs in whole or fractional amounts on the Golteum platform. The platform is comprehensive since it gives users access to DeFi, where they may explore more options with tokens backed by precious metal assets.
Since its private sale, the GLTM token has been performing well. Between the private sale and the second presale round, its value rose from $0.0074 to $0.012.
This success is linked to the token’s rising demand as early investors attempt to stock up in anticipation of some exciting price movement in the future.
The second round of the presale will see a total of 55 million tokens sold at a price of $0.012 and the tokens are selling out fast as demand rises. There is also a 15% bonus being offered on token purchases. By the end of the presale period, analysts expect holders to have made a profit of over 700%.
Furthermore, six members of the GLTM team have been awarded the silver badge after successfully completing the Certik KYC process. Additionally, Certik has also audited, evaluated, and verified GLTM’s smart contract.
GLTM is giving early investors involvement in the tokenized assets industry, a sector that Boston Consulting Group, an industry authority, has predicted has the potential to reach $16 trillion by 2030.
For more information about the GLTM presale:
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