Whereas the cryptocurrency market is experiencing a bear run, not all cryptocurrencies will fail. Actually, as an investor seeking to see some returns on funding within the coming 12 months, three particular cryptocurrencies have the potential to set off the following bull run: Golteum (GLTM), Litecoin (LTC), And Ethereum (ETH)
GLTM has seen a rise in worth since its non-public sale, with its worth at the moment over 85% since its preliminary launch.
Golteum [GLTM]: The token that powers the primary world’s first 100% gold-backed NFT market
Popularly considered the primary world’s first 100% gold-backed NFT market, Golteum’s concept to permit individuals to carry NFTs backed by a real-life asset comparable to gold was resulting from its imaginative and prescient to revolutionize the gold trade by offering Web3 entry to the world’s oldest reserve foreign money.
The worth derived from holding a gold-backed asset in making an attempt occasions such because the one we discover ourselves in can’t be overemphasized. In occasions of financial uncertainty, gold is seen as the one recession-proof asset. Moreover, Golteum has formally teamed up with Fireblocks. To help their mission in launching a top-tier buying and selling platform, they’ve chosen to combine the Fireblocks Web3 Engine. This contains custody providers, treasury administration, threat mitigation instruments, and their extremely anticipated tokenization mechanism for the dealing with of all gold NFTs.
This makes Golteum’s providing of gold-backed NFTs notably beneficial. Moreover, the presence of bodily gold on the blockchain provides an additional layer of safety, making certain that buyers’ investments on Golteum are protected.
The GLTM token is a vital a part of the Golteum ecosystem. Customers who maintain the native token are provided a variety of advantages, together with lowered buying and selling charges and reductions on platform subscriptions.
Moreover, when GLTM staking is launched, holders who stake their tokens will obtain excessive APRs. To make sure that GLTM is a viable token with sound tokenomics, its sensible contract has been audited and verified by Certik, the main blockchain safety knowledgeable.
The value of GLTM elevated by over 85% from the final non-public sale to $0.13 on the first spherical of the pre-sale, with a 20% bonus provided to holders.
Litecoin and its deliberate halving
In 2023, Litecoin will bear its third halving occasion, which can end in a 50% discount within the quantity of newly minted LTC tokens. The third halving occasion has a historical past of driving up the worth of Litecoin (LTC) and may very well be a key consider triggering a brand new bull cycle in 2023.
Litecoin halving is critical to manage the provision of its native coin LTC, therefore driving up its worth. A progress in LTC’s worth is anticipated in 2023.
Ethereum [ETH]: The Shanghai Replace
The Shanghai Replace represents the following main improve to the Ethereum community following the extremely anticipated merge, which passed off in September. With this replace, beforehand staked tokens despatched to the Ethereum 2.0 contract forward of the merge could be obtainable for withdrawal.
As well as, the improve is anticipated to introduce vital updates and important adjustments to the EVM functionalities of the Ethereum blockchain. For instance, with the Shanghai Replace, fuel charge discount ought to be carried out for Layer 2 options constructed atop Ethereum.
With these huge upgrades coming to the Ethereum community, coupled with the truth that analysts have predicted that the underside was in already for ETH, one can anticipate it to fare considerably higher than it did this 12 months.
Discover Out Extra About The Golteum Presale
Web site: https://www.golteum.io