The market downturn has led investors to search for cryptocurrency projects to invest in and potentially increase their investment earnings. However, the FUD and uncertainty that plague the current cryptocurrency market often lead many investors to search for less volatile assets.
On-chain data revealed that holders of SHIB and ATOM have intensified coin distribution to exit their trade positions due to the consistent decline in the values of these assets. With many looking for safer alternatives, they may consider Golteum’s GLTM, whose value has risen by over 85% since its private sale.
Golteum and what its gold-backed NFT marketplace has to offer you
Dubbed the world’s first 100% gold-backed NFT marketplace, Golteum offers a platform wherein its users can buy, sell and trade gold-backed NFTs in fractions or whole. In order to achieve that, the project has officially teamed up with Fireblocks. 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.
The severe decline in the price of cryptocurrency assets, exacerbated by the downtrend in the general market since the beginning of the year, has made it imperative for investors to seek investment in assets that offer security.
Thanks to Golteum, investors need not look any further as they can buy, sell and otherwise trade NFTs backed by gold. Golteum’s vision is to revolutionize the gold industry by providing Web3 access to the world’s oldest reserve currency, gold.
There is no gainsaying in denying the security offered by a gold-backed asset, especially in the inflationary times that we currently live in. Moreover, gold’s inherent value and the fact that it is of limited supply makes any asset that it backs very high value and recession-proof.
With Golteum, investors can trade fractional NFTs that are 100% backed by physical gold. They can set stop and limit orders, activate price alerts, and track their holdings automatically.
In addition, while still at the first round of its pre-sale phase, GLTM, the native token that powers the Golteum ecosystem, has recorded significant success. GLTM’s price had jumped by almost 90% from when its private sale was conducted to when the 1st round of the pre-sale event started. With GLTM, users of Golteum that hold the native token are offered fee discounts on the subscription to the platform.
Also, upon the launch of GLTM staking, holders who stake their GLTM will receive high APRs that exceed market rates.
To show that GLTM is a viable token with excellent tokenomics, the smart contract that powers it has been audited and verified by Certik, the leading blockchain security expert.
Experts have predicted that holders will log over 300% returns on their initial GLMT investments by the end of the pre-sale phase.
Investors look else where even with Shiba’s SHIB Metaverse
In April, the Shiba Inu ecosystem launched its Shib Metaverse and promised to make its investors and other interested members of the public “landowners”. The sale of lands on Shib: The Metaverse was divided into three phases: the Bid Event, the Holders event, and the Public Sale.
While this was done to incentivize more people to invest in the tokens that power the Shiba Inu ecosystem, its SHIB token, most especially, has since failed to see much growth.
Since then, its price has fallen by 66%. Its decline in value and the large coin distribution is due to the fact that SHIB is a meme token that most believes offers no real utility.
An ATOMIC loss for holders
Cosmos network set out with the objective to increase interoperability between blockchains. However, with many crypto assets built to operate on several blockchains, Cosmos’ function has been rendered somewhat redundant.
This has driven down the value of its native coin ATOM. Exchanging hands at $9.48 at the time of writing, its value has gone down by 71% since the beginning of the year.
Find Out More About The Golteum Presale
Website: https://www.golteum.io
Presale: https://presale.golteum.io/register
Whitepaper: https://golteum.io/GolteumWhitepaper.pdf
Telegram: https://t.me/golteum