GNOX Set To Overtake APE, MATIC As Token’s Price Continues Ascent
28 Juli 2022 - 2:40PM
NEWSBTC
GNOX, and the crypto markets, are slowly recuperating from months
of recession. And it’s not just the crypto winter that’s to blame,
a whole rigmarole of other factors comes into play. Traders and
investors are now looking for the most lucrative and promising
cryptocurrencies and projects like the blue-chip GNOX. With its
impressive business model, many crypto experts are placing their
bets on the token, a new breed of DeFi or smart money that is
expected to eclipse APE and MATIC in terms of price gain. Related
Reading | BNB Basks In The Green As Price Glows 5.84% In
Fields Of Red GNOX Pre-Sale Price Spikes 60% Gnox is a
revolutionary and user-friendly Decentralized Finance earning tool
which comes handy even for beginners. Evidently, the token’s
pre-sale price has spiked by 60% even if it hasn’t been launched
yet. Gnox is yet to launch in August 2022 but to date, it has
already amassed hefty pre-sale gains matching the needs of private
and institutional investors. Its massive growth even at a
pre-launch stage is comparable to that of EOS and Binance Coin
(BNB). Gnox is definitely great fit for newbies in the DeFi space
because its platform is made conducive to investors who are looking
to create passive income from crypto. APE And MATIC Enjoy Price
Pumps APE and MATIC are also enjoying significant price hikes as
the Bored Ape Yacht Club APE token price increased by 20% which
goes the same with Polygon’s MATIC price that jumped by 16%.
Polygon recently announced an ETH upgrade which gave MATIC
increased momentum especially since it was also made public that
the latter has been chosen to be a part of much-coveted Disney
accelerator program. These left and right collaborations and
development paved the way for MATIC’s recent increase in price that
soared by over 60% in the past couple of days. More so, MATIC has
also grown rapid to over 126% as seen in the past making the token
one of the high-performers among cryptocurrencies at that
particular time. Related Reading | Shiba Inu Whales Trading
Volume Surges 640% As SHIB Holds Critical Support Crypto total
market cap at $1.03 trillion on the daily chart | Source:
TradingView.com The Promise Of Passive Income Gnox promises passive
income opportunities apart from ridding off middlemen in financial
tractions. It’s also the first-ever protocol that has a treasury.
It aims to simplify DeFi and make it easy-running for all
investors; even for entry-levels. For those with low-risk appetite,
Gnox is a haven because this platform allow everyone to access
lending and liquidity protocols without taking lengthy steps. The
only requirement is to buy and hold GNOX and then start earning
passive income out of it. Apart from providing passive income, Gnox
also aims to be platform for different DeFi activities. In the
future, Gnox is also planning to launch NFT staking and a
decentralized exchanged combined with an aggregator tool. Once Gnox
is launched, the protocol is designed to be 100% decentralized and
with zero human intervention. Featured image from Analytics
Insight, chart from TradingView.com
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