A quick 3min read about today's crypto news!
You Could Join The 1% Of Profitable Investors In Bear Market With These Crypto: Gnox (GNOX), Fantom (FTM) And Evmos (EVMOS)
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
Make no mistake about it; the bear market is a brutal and punishing period for novice investors, but surviving a bear market is what transforms an ordinary investor into a battle-hardened hodler who takes advantage of dips and locks in the gains of tomorrow today. Seasoned investors still make money throughout bear markets because they invest in solid projects.
This article features three crypto projects helping investors beat the bear market and are primed to soar during the next bull cycle.
Gnox (GNOX)
Gnox is first on the list and is a token taking no notice of the bear market shooting up more than 60% in the past month. Gnox has seen a massive influx of demand as investors begin to understand the protocol and its bearproof design. Knox developers have spearheaded a new strategy for DeFi (decentralised finance) earnings and created a passive income stream accessible to all investors.
The Gnox protocol treasury is utilised to generate yields on behalf of investors, and the proceeds are swapped into stablecoin every 30 days and distributed amongst GNOX holders. The principal of the treasury is never touched, and with buy and sell taxes on the GNOX token, this fund is earmarked to continue growing every month. A larger treasury means a larger stable coin payout. Investors who have worked this out are taking advantage of Gnox’s current price because when the community realises what an easy stream of passive income holding GNOX is, the price will shoot upwards.
Fantom (FTM)
A mainstay of the DeFi world. The Opera network has a TPS (transaction per second) of 20,000, is home to some of the best-decentralised applications within DeFi, and offers asynchronous transactions- meaning transactions are confirmed as soon as they enter the network instead of waiting for the previous block to be validated.
Fantom brought speed whilst retaining EVM (Ethereum Virtual Machine) compatibility meaning developers on Ethereum could instantly migrate their apps to a faster and cheaper network. The effect was that Fantom quickly ate up the TVL (Total Value Locked) of other layer one projects and solidified itself as a blockchain of the future.
FTM, the native token, trades at USD 0.25 down from its ATH (All-Time High) of USD 3.48 and this highly volatile token at its current price is an investment that will make lots of investors rich.
Evmos (EVMOS)
For investors who realise that the future of DeFi is multichain, EVMOS is an exciting prospect. The Evmos blockchain network is EVM (Ethereum Virtual Machine) compatible. It will act as the bridge allowing developers to bring their decentralised applications from the Ethereum network to the much faster and cheaper Cosmos network.
This compatibility layer will see masses of TVL brought to the Cosmos network, and EVMOS, currently trading at USD 2.28, can be staked to earn investors passive income. This token is primed to rally soon with the value it brings from joining Ethereum to the Cosmos network.
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
A quick 3min read about today's crypto news!
