As one of the worst crypto winters in history rages on, almost every project in Web3 is struggling to stay afloat and relevant. This extends to even the projects that have been community-favourites such as Polkadot and Litecoin. Yet, this isn’t to say that there are no projects in the crypto space that are doing incredibly well. Projects such as Golteum have been able to not only weather the storm, but thrive and consistently grow in these market conditions. Here’s why!
BUY $GLTM Tokens Now
Polkadot is a relatively new cryptocurrency and blockchain that has quickly become a favourite amongst Web3 investors and traders. The reason for its rapid growth in popularity is due to the blockchain offering parallel chains, which is an innovation that market leading blockchains such as Bitcoin and Ethereum do not have. The interactivity and speed of Polkadot makes it truly stand out from its competitors.
However, even with the benefits offered by the Polkadot blockchain, it has still been heavily impacted by the current market conditions, with $DOT going from an ATH of $54.98 during the bull run, to a current price of $5.24.
Litecoin is an older altcoin which has always been a market favourite due to its real world utility. It is one of only cryptocurrencies in the world that is accepted as a form of payment on various payment platforms such as Venmo and Paypal.
The altcoin has grown steadily throughout the years until 2022. As the crypto winter hits the markets, Litecoin went from an ATH of $410.86 in 2021 to a current value of $73.16.
Golteum is a new project that has seen incredible growth since its inception in late 2022. They are the first project in Web3 that offers gold-backed NFTs which is tradable in the upcoming NFT marketplace. The founding team consists of gold industry professionals that are certified and vetted by Certik, the leading platform in blockchain cybersecurity. The project offers investors an opportunity to invest in gold traditionally, but with a modern twist through the use of blockchain technology.
Investors are able to buy,sell and trade gold on their platforms with fractionalized NFTs transparently and in real time. Of course, they can also opt to burn the NFTs to redeem the gold, making it a phygital (physical + digital) item.
Additionally, to support their mission in launching a top-tier trading platform, they've chosen to integrate the Fireblocks Web3 Engine. This includes custody services, treasury management, risk mitigation tools, and their highly anticipated tokenization mechanism for the handling of all gold NFTs
It is because of the unique and unparalleled benefits that Golteum has a great potential to be a blue chip option. In fact, even during these market conditions, the value of GLTM tokens have skyrocketed by 85%, going from $0.07 to $0.13. Furthermore, to provide even more value to new investors, the protocol has opted to offer new investors a limited time discount of 20% off on all tokens during the 2nd pre-sale, making it a great point of entry into this next blue chip!
Layer-2 Blockchain, Alt-Coins or Gold-Backed Web3 Protocol?
With the stiffness in competition of layer-2 blockchains and their various utilities, coupled with the huge unknown in Alt-Coins. Golteum remains a reliable option which promotes security, transparency and most importantly, having gold reserves to back up their NFTs and their marketplace.
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