GNOX and crypto markets are slowly recovering from months of recession. And it’s not just the crypto winter that’s to blame, a whole host of other factors come into play.
Traders and investors are now looking for the most lucrative and promising cryptocurrencies and projects like the top notch GNOX.
With its impressive business model, many crypto experts are betting on the token, a new breed of DeFi or smart money that is expected to eclipse APE and MATIC in terms of price gain.
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GNOX presale prices jump 60%
Gnox is a revolutionary and user-friendly decentralized finance earning tool that comes in handy even for beginners. Obviously, the pre-sale price of the token has shot up by 60% even though it hasn’t launched yet.
Gnox has yet to launch in August 2022, but to date has already amassed significant 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 a perfect fit for beginners in the DeFi space, as its platform is designed for investors looking to create passive income from crypto.
APE and MATIC Take advantage of priced pumps
APE and MATIC are also enjoying significant price increases, with the Bored Ape Yacht Club APE token price increasing by 20%, similarly with Polygon’s MATIC price jumping by 16%.
Polygon recently announced an ETH upgrade that gave MATIC added momentum, especially since it was also made public that it was chosen to be part of the coveted Disney accelerator program.
These left and right collaborations and developments paved the way for MATIC’s recent price surge which has soared over 60% in the past two days. More so, MATIC has also grown rapidly at over 126% as seen in the past, making the token one of the top performers among cryptocurrencies at this particular time.
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 in addition to ridding middlemen of financial pulls. It is also the very first protocol that has a treasury. It aims to simplify DeFi and make it easy to manage for all investors; even for beginners.
For those with a low appetite for risk, Gnox is a haven as this platform allows anyone 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 from it.
Apart from providing passive income, Gnox also aims to be a platform for different DeFi activities. In the future, Gnox also plans to launch NFT staking and a decentralized exchange combined with an aggregation tool.
Once Gnox is launched, the protocol is designed to be 100% decentralized and without any human intervention.
Featured image from Analytics Insight, chart from TradingView.com