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New Delhi [India], August 5 (ANI/GPRC): Uniglo is a new cryptocurrency that has the potential to take on Spookyswap and Binance Coin. Uniglo (UNI) was developed on the popular Ethereum blockchain and was created with the intention of becoming a user-friendly and safe place where market volatility loses its meaning. Given its potential advantages, Uniglo looks poised to take on existing players like Spookyswap (BOO) and Binance Coin (BNB). With its strong team and technology, Uniglo could soon become a major force in the cryptocurrency space. Uniglo (GLO) Uniglo.io is a deflationary currency, which means it becomes more valuable as time goes on. The supply of GLO decreases over time due to burns and fees, making it a scarce resource. As demand for the currency increases, the price will go up. How does Uniglo.io work? Uniglo.io uses two mechanisms to reduce the supply of GLO: burns and fees. Burns: A burn is when a certain amount of GLO is destroyed and removed from circulation permanent

New delhiBinance exchangeBinance coinBinance smartAutomated market makingDecentralized exchangesMore about unigloNew delhi indiaUgust 5 ani gprc uniglo isa new cryptocurrency that has the potential to take on spookyswap and binance coin uni was developed popular ethereum blockchain created with intention of becominga user friendly safe place where market volatility loses its meaning given advantagesNiglo looks poised to take on existing players like spookyswap boo and binance coin bnb with its strong team technologyNiglo could soon becomea major force in the cryptocurrency space uniglo glo io isa deflationary currencyHich means it becomes more valuable as time goes on the supply of glo decreases over due to burns and feesAking ita scarce resource as demand for the currency increasesHe price will go up how does uniglo io work uses two mechanisms to reduce the supply of glo burns and fees burnsa burn is whena certain amount destroyed removed from circulation permanently this happens when someone buys or sells on platforma portion each transaction used buy market then destroy itFfectively removing it from circulation fees when someone uses the uniglo platform to buy or sell somethingHey are chargeda small fee in glo these fees also used to purchase and destroy from the market furthermore