Gnox (GNOX) Looking To Be On Top Gainers List Ahead Of Ethereum (ETH) And Elrond (EGLD) When Bullish Trend Returns


While no one really knows how long it will take, it’s pretty much a certainty that the markets will turn around and get bullish again at some point. And when it does, we’re going to have a smorgasbord of altcoins and DeFi tokens to choose from. Here are three DeFi-focused cryptocurrencies that are likely to be top gainers when the bull run comes around again.

Ethereum (ETH) —  GOOD

Although Ethereum’s price performance has been lackluster lately (what coin hasn’t?), the granddaddy of all smart contract blockchains still has the largest developer community and the most use cases by far for any blockchain. 

Consider that Ethereum has the potential to become the backbone of Web3 and you get the idea of the potential returns. Several analysts are predicting that the price of ETH will surpass $10,000 by 2025 and could surpass $20,000 by 2030. That’s a 1600X return in just 8 years. If that happens, then all you need is 0.5 ETH today to be worth $1 million in 2030. 

Elrond (EGLD) — BETTER

Looking for even greater returns? Elrond (EGLD) is another worthy competitor for becoming the backbone of Web3. And it could be the latecomer that leaves Ethereum in the dust. The Elrond blockchain can execute up to 15,000 transactions per second. And transaction fees are less than one-tenth of a penny. These numbers just blow the doors off of Ethereum. 

EGLD price is running around $60 at the time of writing. According to TradingBeats, EGLD could pass $180 by the end of 2022 — a 3X return in less than six months. Moreover, WalletInvestor expects EGLD to pass $600 within a few years and blow past $2,000 by 2030 — a 33X from here.

Gnox Token (GNOX) — BEST

Gnox Token is the new kid on the DeFi block. When you buy GNOX tokens, you’re not just buying one token. You’re investing in a diversified portfolio of cryptocurrencies and passive income opportunities across several platforms and blockchains. They call it “yield farming as a service.” 

All crypto investors have to do to earn passive income is buy and hold GNOX tokens and the rest is done behind the scenes. GNOX is designed in such a way as to continually lock more and more capital over time into a common treasury that’s used to invest in passive income opportunities such as staking, lending, and liquidity providing.  

Right now, the total DeFi market cap is well north of $140 billion. All it would take to take a huge bite out of that market is for someone to come along and make it easier and less risky to earn passive income with crypto. And Gnox has achieved this goal. 

You can earn some nice returns on GNOX before the platform even launches in mid-August. While the ICO is on, millions of GNOX tokens are being burned each month thus increasing the value for earlier adopters. (Initial buyers are already up 60%.) Then, upon launch, all unsold tokens will be burned which is expected to suddenly spike the value of the token before it goes on the open market. In other words, between now and launch, the value of GNOX token is only going up. 

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