Best Investments To Stack For Bear Market Gains: Gnox (GNOX), Solana (SOL) And Tron (TRX)
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The bear market is an intimidating prospect to newer investors who overleveraged themselves during the intoxicating market run from August to November last year. It forces investors to change their time horizon and ‘HODL’ waiting for the next bull run. Unfortunately, lots of investors sell and lock in permanent losses. But the truth is the bear market is an investor’s best friend. It is the time to accumulate and stack crypto at a discount price to lock in serious gains when the market reverses.
This article features three of the best cryptos to stack during this bear market.
Gnox is the first of its kind, a new type of reflection token with a treasury designed explicitly for the investor. Gnox has caught the attention of many investors and analysts due to its progress in current market conditions. A project that builds during the bear market excites seasoned crypto investors, and it is precisely this fact that is drawing many investors to partake in the project’s presale.
Gnox makes the process of DeFi investment easy, streamlining the procedure into a single investment vehicle, making this project desirable for both the novice crypto investor and the more advanced investor who wants more freedom but still wants the returns offered by DeFi. Deploying its treasury fund in DeFi protocols, the project will reflect stablecoins to GNOX holders every 30 days. This simple passive income stream seems to be highly popular with investors and looks to be a bear market essential.
Solana is a blockchain network that aims to address the issue of scalability and prioritised speed and throughput with the ambition of being the fastest network. The Solana network has gone on to achieve this ambition enjoying an enormous TPS (transactions per second) of 50,000 making it undoubtedly one of the fastest networks available.
SOL is the native token of the network and has shared the successes of its blockchain, which saw a massive spike in popularity throughout 2021, and SOL made a colossal run upwards. SOL now trades close to USD 36, down more than 85% from its ATH (All-Time High), and many investors are taking the opportunity to pick up this crypto at its current price. For SOL to reclaim its old ATH during the next bull market, it would generate more than a 7X for investors.
Tron is one of the world’s most popular blockchains. It set out to build the infrastructure for a totally decentralised internet. Due to its support of the popular token USDT (Tether) and its incredibly low fees, it has become one of the most widely adopted blockchain networks. The utility of the Tron network has driven its adoption with many people globally who live in countries with high inflation and an inability to buy dollars using the network to store their wealth in stablecoin.
TRX currently trades at around USD 0.06. With the network’s continued adoption, TRX is primed to rally in value when market sentiment reverses and is a token every investor should watch.
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Join Presale: https://presale.gnox.io/register