As Uniglo.io Price Surges Again, Avalanche And Fantom Investors Feel The Pain
Join Our Telegram channel to stay up to date on breaking news coverage A famous saying amongst investors: ‘Don’t fight the FED.’ In layman’s terms, it means investors should align their investment strategy with the current policy of the Federal Reserve. If the FED undertakes quantitative easing and prints money, they inject liquidity directly into the economy, resulting in assets flourishing . On the other hand, if the FED engages in quantitative tightening , they draw liquidity out of the economy, and asset prices suffer. But one token, Uniglo.io (GLO), takes no notice of the FED and has pumped again on the back of its value proposition. This is while established projects like Avalanche (AVAX) and Fantom (FTM) feel the pain of the bear market. Uniglo.io (GLO) Uniglo is an incredibly unique project and one that defies market rationale. But in many senses, the prevailing market conditions have allowed it to flourish. Uniglo provides a store of value. Thi...