GNOX and crypto markets are slowly recovering from several months of economic recession. And it’s not just the crypto winter that’s to blame, a whole rigmarole of other factors comes into play.
Investors and traders are looking for the best cryptocurrencies, and blue-chip GNOX projects.
Its impressive business model has attracted many cryptocurrency experts who are betting on it as a new kind of DeFi, or smart money, that will surpass APE/MATIC in price gains.
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GNOX Pre-Sale Price Spikes 60
Gnox, a Decentralized Finance tool that is revolutionary and easy to use for anyone starting out, can be very useful. Evidently, the token’s pre-sale price has spiked by 60% even if it hasn’t been launched yet.
Gnox will launch in August 2022, but it already has substantial pre-sale gains that match the requirements of institutional and private investors. Even at the prelaunch stage, its rapid growth is similar to EOS or Binance Coin (BNB)
Gnox, a platform that is conducive for investors looking to generate passive income through crypto, is a fantastic fit for DeFi novices.
Prices Pumps for APE and MATIC
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 announced a ETH upgrade, giving MATIC more momentum. It was especially notable since the public announcement that MATIC has been selected to participate in Disney’s 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. MATIC’s growth has been rapid, reaching over 126%, as was seen previously making it one of the most popular cryptocurrencies in that time period.
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The daily market capitalization of crypto is $1.03 trillion | Source: TradingView.com
The promise of passive income
Gnox also promises passive income possibilities, and eliminates middlemen in financial transactions. It’s also the first-ever protocol that has a treasury. The protocol is designed to make DeFi simpler and easier-running for all investors, including entry-levels.
Gnox offers a refuge for people with low risk appetites. It allows anyone to get access to liquidity protocols and loans without having take long steps. Only one requirement: Buy and Hold GNOX to start making passive income.
Gnox is not only a passive income platform, but also an open source platform to support different DeFi activities. Gnox also plans to launch NFT Staking as well as a combination of an aggregator and decentralized exchanges in the future.
Gnox will be launched once the protocol has been fully decentralized with no human intervention.
Featured image taken from Analytics insight. Chart by TradingView.com