In July, there was a lot of volatility in the cryptocurrency market. Several things, including a general decline in confidence in the market, uncertainty around regulations, and a decline in institutional participation, have contributed to the recent bear market in cryptocurrencies.
Due to the current political and economic climate, investors have lost faith in crypto-assets and sold them, further bringing down prices. As the bear market persists, values for popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and other significant coins are falling.
Just like any other investment, putting all your eggs in one basket is never a smart move. Therefore, diversifying your portfolio is always wise if you consider investing in cryptocurrencies. These three are special selections that will help you benefit from the current bearish trends: Gnox (GNOX), BitTorrent (BTT), And Basic Attention (BAT).
Reflective DeFi tokens, such as Gnox, are known for their uniqueness in giving investors steady passive income opportunities.
Gnox fulfills its reflective nature by applying a 10% royalty to every token sale. In return, holders receive an airdropped share of the royalty every hour. A common treasury is utilized to invest in diverse DeFi protocols and liquidity pools and create passive income opportunities for the investors. Then, monthly, investors receive a payout from these investments.
The most exciting part of GNOX’s nature is that regardless of where the market is going, both the treasury and holders’ accounts will keep growing over time. In reality, the quicker the treasury expands, the more volatile the coin becomes. This is the main principle that has let GNOX survive and maintain continuous growth even during the Presale.
This approach is known as “yield farming as a service” and was initially offered to the Gnox team. It’s the perfect mechanism for long-term cryptocurrency investors to profit from yield farming chances without committing the time to study the prospects, learn the ropes, diversify their assets, and then watch over them.
BitTorrent is a well-known peer-to-peer (P2P) platform for torrenting and file-sharing that has become more decentralized in recent years. BitTorrent was first made available in July 2001.
BitTorrent’s original goal was to revolutionize how people consume information and the established entertainment sector. The creator, Bram Cohen, saw advantages in allowing internet users to distribute content among themselves directly, making costly and ineffective distribution networks the primary goal.
BitTorrent is a popular project and something today’s online world lacks. Thus, broad adoption and price increment are realistic.
Basic Attention Token (BAT)
The Basic Attention Token, also known as BAT, is the cryptocurrency that powers a new blockchain-based digital advertising platform intended to fairly compensate consumers for their attention while giving advertisers a greater return on their advertising investment.
In this advertising ecosystem, users, publishers, and advertisers all trade Basic Attention Tokens, which serve as the incentive currency. BAT tokens are used by advertisers to fund their advertising campaigns. A little percentage of this funding is sent to advertisers, while 70% is given to users; this improves cost-efficiency by eliminating the intermediaries that traditionally push advertising expenses.
Since their releases, Basic Attention Token has seen a huge increase in user adoption, and while the price is expected to grow further, now might be the perfect time to add it to your portfolio.
GNOX’s presale performance proves the project’s potential for further growth. With a growing community and beautiful goals, Gnox can guarantee to reach financial freedom among BTT, and BAT.
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.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.