Not all tokens are created equal, and the bear market is seperating the wheat from the chaff. Tokens that add meaningful value to the ecosystem will continue to prosper, whilst those built on hype and coasting on the bullish sentiment will wither and die. This is a natural process for all market ecosystems, and crypto is no exception. This article features three crypto projects that will secure gains for their investors when the market reverses; however one is drastically outperforming the rest.
Gnox (GNOX)
It seems that Gnox has not realised crypto is in a bear market. The token has posted spectacular gains of 63% in the past month, and all outward appearances point to this rally continuing. Gnox is an ambitious new project that seeks to make DeFi investing easier and more accessible for the ordinary investor, and the protocol is pioneering a new investment strategy dubbed ‘Hold to Earn.’
Investors in Gnox do just that. Holding the token entitles investors to an automatic distribution of GNOX every 60 minutes and a stablecoin reflection every 30 days. This passive income stream has excited investors, with the reflection provided by the treasury- funded by buy and sell taxes. Everything points to this token delivering greater and greater payouts with time. In its presale phase, early investors can lock in a 10% token bonus at launch by participating. With the protocol’s dynamic pricing strategy, demand is driving price, and this rally means that more and more investors are joining the presale.
Dogecoin (DOGE)
The legendary ‘Meme coin’ was released in 2013 and has a longer history than most tokens currently available on the market. What started as a joke and a token that many investors turned their noses up at has solidified itself as a valid investment through its performance. DOGE is notoriously volatile, and a tweet from Elon Musk can cause an enormous rally.
Trading just above $0.06, certain investors wonder if this token will ever reach its fabled price of $1. However, many investors seem to be sure of this and load their bags waiting for a market reversal and a tweet from Musk.
Shiba Inu (SHIB)
SHIB, the ‘Dogecoin Killer’ launched by the anonymous Ryoshi, the second most popular dog-branded token. SHIB enjoyed enormous success in 2021 with one of the largest rallies ever experienced by any asset. SHIB made many investors incredibly wealthy, and many investors now enter positions on this token, hoping for a repeat.
SHIB has become more than a carbon copy of its rival, introducing greater utility with two other tokens BONE & LEASH, in its ecosystem. SHIB also has Shibaswap, a protocol where investors can generate passive income with their tokens. Recently surpassing more than 400 hundred trillion tokens burnt, will this deflationary mechanic be enough to push SHIB towards $0.01?
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Source: https://www.cryptopolitan.com/spectacular-rally-for-gnox-gnox-gains-of-up-to-63-dogecoin-doge-and-shibu-inu-shib-lag-behind-new-defi-solution/