What Makes Gnox (GNOX), Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), And Fantom (FTM) Stand Out During A Bear Market?

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Finding a good coin is as important as ever during the current bear market. Picking a winner could have been easier when everything was just “going up”, which just isn’t the case anymore. Despite a lot of market panic, crypto still has a future. But now more than ever, investors need to focus on solid projects with good fundamentals rather than “get rich quick” schemes. And the good news is: there is still a lot of potential in the crypto world. There are still good coins that can make you money both in the short term and the long term. And these are the long term projects that we love the most. While the crypto market has always been volatile, they are long-term holds that should really pay off during the current market downturn. Ultimately, crypto is here to stay—but with a recession in its way, a recession could last for some time. That’s why we think these coins will stand the test of time:

GNOX

GNOX doesn’t just have long-term potential — it’s actually experiencing huge growth right now. Even in the past few weeks, it is up by over 60%, when the rest of the market has taken major losses. And it’s also a great long-term hold. GNOX provides an easy entry point into the benefits of DeFi investment strategies by giving traditional investors access to produce farming as a service. A wealth of funds that invest for passive income gains on their behalf, without users having to take care of things like liquidity pooling and betting themselves. Or even understand what they are. That’s why we think GNOX is the future for long-term adoption of crypto in the mainstream, and it’s still available at a discount during the pre-sale.

Ethereum

Ethereum is another great long-term hold. Although it has suffered losses in recent weeks, the prices have certainly recovered somewhat in the past few days. Ethereum is the backbone for most of the crypto world, and it is here to stay. While ETH does have some issues (slow transaction times and high gas fees), these should not be viewed as a negative. ETH 2.0 in particular aims to address them directly, and may even help further increase in price in the future.

Bitcoin

Bitcoin is often considered the gold standard in the crypto world. Some say it is the only true store of value. And this is the only coin that many regular people have even heard of. So we still think BTC has strong long term potential and the price could be very high in a few years.

Binance Coin

As a utility token for the Binance network, BNB is an extremely important asset in the crypto world. Backing up the Binance Exchange, BNB Coin can be used for a range of different services. You can easily place bets and earn with it through BNB Vault. Binance isn’t going anywhere, and Binance Coin is an important part of it. Have to stay here.

Phantom (FTM)

As the native coin of the Phantom Network, FTM allows users on the platform to pay lower transaction costs and make faster payments, something that has disappointed the industry (Ethereum in particular) for some time. We like the long-term potential of FTM and see it as an important part of growing the industry.

These five coins are great right now for good reason. While one cannot be sure of their short term ups and downs, they are good long term coins with a lot of bounce.