The crypto market has finally left the extreme end of the spectrum after spending 17 weeks there, moving us into the range of fear. Everyone is currently attempting to protect their remaining capital in order to prevent it from further dwindling. But that’s not the best course of action. When dealing with exponential technologies, the math indicates that the best course of action is to go all in on your high conviction plays to take advantage of exponential growth.
Gnox (GNOX) is the leading player in the field.
Despite a decline in both Bitcoin and Ethereum, as well as a decline in the rest of the market, Gnox has increased by 60%. Many investors are baffled as to how this new protocol has performed so well in the current market environment.
Gnox has the advantage of not having just dropped 90% and therefore not having any psychological resistance levels on the way up as the bulls start a new stampede by launching at the end of a bear market.
Gnox has already sold around 49 million coins, and sales are expected to rise. Its supply will be reduced by the upcoming burns, which should raise the price.
The token is currently in the presale stage and will officially launch in August. The project aims to transform how investors participate in DeFi, making it more accessible to a larger audience and integrating a smooth process into a single investment vehicle. The protocol will enable investors to access DeFi yield-generating opportunities via buy and sell taxes. The holders of Gnox then receive these yields after they have been converted to stablecoin.
Polygon (MATIC) and Fantom (FTM) are making big moves.
Following the announcement that it was a part of a Disney deal, Polygon has had a great few weeks. Prices have significantly increased as a result of the entertainment behemoth acquiring Polygon’s technology. As a result, the project’s future is given long-term confidence, and prices may rise further.
On the other hand, Fantom had been struggling to mark a sustainable rise since June after it lost over 46.3% in the span of just 12 days.
Attempts to achieve the same towards the end of June failed, but in the last seven days, FTM has managed to rise by 47.01%, and the 16.1% rally in the previous 24 hours has been a huge contribution to the same.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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