Gnox (GNOX) Final Presale Is Almost Over! Fantom (FTM), Polygon (MATIC) And Apecoin (APE) Turn Bullish

The price of Gnox, a newcomer to DeFi, increased exponentially during the most recent crypto bull run. It is currently in its last and third presale round, with the first two rounds selling out in the market.

Numerous DeFi platforms generated significant gains in 2020 and 2021. However, most of them have fallen by 80% to 90% or more since hitting their record highs, wiping out all of their gains. Crypto analysts predict that Gnox will be a significant token in the DeFi market because of its strong business model and impressive use cases.

What is Gnox (GNOX)?

Gnox combines the functions of an investment token, a store of value, a diversified portfolio, and an asset that generates passive income. Simply purchasing and holding its token will give crypto investors exposure to a diversified portfolio of assets that generate passive income. 

The amount of time that this “yield farming as a service” saves crypto investors who want to diversify their long-term holdings cannot be emphasized enough.

For ongoing passive income, Gnox’s treasury is invested in liquidity pools, lending platforms, and staking rewards. Gains are occasionally used to sell Gnox tokens back on the open market and burn them, making GNOX a highly sought-after deflationary token.

Mid-August is the anticipated launch date for the platform, at which point the token will be traded on exchanges. However, prior to the launch, periodic burns gave early investors a 63 percent boost in the value of their stack. Prior to launch, all unsold tokens will be burned, causing a price increase before the GNOX token even reaches the exchanges.

Investing in GNOX should give you exposure to all three of the aforementioned cryptocurrencies, as well as a lot more.

Bullish run for Fantom (FTM), Polygon (MATIC), and Apecoin (APE) 

Fantom continues to attract investors as the billionaire investor and founder of HyperChain Capital Stelian Balta adds another $15 million. 

A unique feature of Fantom’s Mainnet is the Lachesis mechanism, which is responsible for 2-second transaction finalization and also brings several improvements to the existing proof-of-stake consensus.

The native token of the Fantom blockchain (FTM) aims to “grant compatibility between all transaction bodies around the world.”

On the other hand, Polygon announced new features at the end of the first quarter of 2022, including mobile burning capabilities for MATIC tokens and the launch of a new Token List service. That indicates that the MATIC burn console, complete with a new user interface, is now accessible for Polygon’s mobile wallet suite.

The Polygon price (its native coin MATIC) corrected more than 50% in 2022 despite recent roadmap upgrades and updates, starting the year at $2.5 and now trading at $1.1–$1.2 in the second quarter. Despite the positive news, it lost 36% of its value in April 2022.

Lastly, ApeCoin has persisted in demonstrating its performance as a well-liked NFT despite the pressure from cyberattacks. At the time of writing, the current price of APE is US$6.40 with a global market rank of 32, a market cap of US$1,957,561,612.64, and a volume of US$712,016,181. With a one billion token maximum supply, the price of the APE token has increased by 8.23% over the past 24 hours. 

Within a month of its introduction to the NFT market, it is already regarded as one of the largest Metaverse NFT tokens by market capitalization. It was predicted that the staking mechanism would be put in place in May 2022. It became well-known for its APE price, which rose by 126.8% on the first day of its launch to US$16.47.

Learn more about Gnox:

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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. 

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.

Robbie Kenllis

Published by
Robbie Kenllis

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