Uniglo (GLO) price benefits from Ethereum (ETH) merger alongside Ethereum Classic (ETC) and Ethereum Name Service (ENS)

The Ethereum merger is big news for the industry. A date was recently set for Ethereum to merge with ETH 2.0. This has been eagerly awaited for some time. But it’s not just big news for ETH itself, the entire industry could see a pump. Especially those tokens and projects based on the Ethereum blockchain. In case you didn’t know: Ethereum is not only the second largest cryptocurrency in the world, but also the number one blockchain development platform for all sorts of other projects. It is the beating heart of the blockchain application world and already hosts countless interesting projects that are being used in practice by the ton.

But Ethereum has been plagued by extremely high gas fees and annoyingly slow transaction speeds for some time. While it has tons of great benefits for those who develop on it, it also has these very obvious downsides. But with the merger to ETH 2.0, these disadvantages should be eliminated. That’s the main reason why the merger is happening, to address high fees and improve transaction speeds. If these are fixed, it could mean big things not only for ETH but also for many other Ethereum-based projects like Uniglo, Ethereum Classic and Ethereum Name Service.

Uniglo (GLO)

As an Ethereum-based project, Uniglo could have good things in the merger. But even without the merger, Uniglo has a ton of great credentials that make it poised for growth. It is asset-backed and fully deflationary. It also has strong dual burn mechanics that further reduce supply over time. Now available in pre-sale at discounted prices, GLO has a lot of potential to become one of the best projects in the crypto space. Therefore it is highly recommended.

Ethereum (ETH)

News of the merger has helped push Ethereum’s price higher lately, but it could go even higher if the merger actually happens. Ethereum is becoming an even more fertile ecosystem for development. Its price could go up again.

Ethereum Classic (ETC)

A fork of Ethereum, ETC is a smart contract platform with a ton of benefits for its users. It often follows the price of ETH itself, so the merger could have a good impact on its future potential.

Ethereum Name Service (ENS)

ENS is an innovative idea that makes it easy for people to use memorable phrases as wallet addresses, much like DNS did for website addresses. This could be the key to making ETH payments more mainstream as wallet addresses are currently difficult to understand and remember. It too could benefit from an improved blockchain infrastructure and thus have a strong future.

Conclusion

Any Ethereum project could grow if the merger happens. But it’s GLO, ENS and ETC that are best placed to enjoy this growth. Therefore they are all recommended investments.

Learn more here:
Join the presale: https://presale.uniglo.io/register
Website: https://uniglo.io

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