Bears have tightened their grip on the global crypto market, which is currently trading at declining levels. On the other hand, intelligent investors tend to be bullish because they believe in the underlying technology.
According to history, those who continue to build during a down market profit the most when the market corrects. Binance and Ethereum are two excellent former examples.
Binance Coin (BNB)
Binance is one of the largest cryptocurrency exchanges in the world, with a trading volume of $7.7 trillion in 2021. It was established in Hong Kong and immediately became one of the most popular exchanges.
Binance offers one of the most diverse portfolios of altcoins on its exchange. Its coin is currently the fifth most valuable cryptocurrency by market capitalization, leaving behind only Bitcoin, Ethereum, USD Tether and Cardano.
Blockchain-based software networks have many uses and applications in the IT industry, including gaming, music, entertainment, and decentralized finance (DeFi). It is one of the most popular and frequently used cryptos this year.
Ether has an annual ROI of around 300%. Since 2014, early investors have almost doubled their money every year.
What is Gnox (GNOX)?
Gnox’s most important innovation is its first-to-market “produce farming as a service” business model. Its tokens are specifically designed to generate profits in bear and bull markets, making DeFi earnings simple and frictionless for crypto investors.
The platform eliminates barriers to entry by providing education, seamless investment tracking and a single investment vehicle. It strives to make DeFi earning as simple and seamless as possible to support the continued development of the protocol.
How will the new Gnox (GNOX) stack up against industry giants like Binance (BNB) and Ethereum (ETH)?
Gnox discovered a market gap in which Treasury funds could be used to assist users in ways other than a flat percentage of all transactions.
The project lends and leverages a portion of their treasury, allowing them to provide value to investors while ensuring long-term and increasing returns.
A Treasury has a percentage of Gnox’s investments. DeFi analysts invest those assets in yield farming options, including staking, liquidity pools and lending processes, to generate consistent passive revenue.
This token is a yield farming platform that pays crypto investors up to 50% APY. The key to its high rates is its treasury, which is brand new in the crypto industry.
By having a new business model that creates passive revenue for its holders, Gnox will be able to compete with big players like Binance and Ethereum.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register