Gnox (GNOX) Price Increases By 63%. Bitcoin (BTC) Begins Recovery, While Shiba Inu (SHIB) Continues To Gain Popularity

The last few weeks have been eventful in the crypto world. If you’ve been following the markets, you’ll already have seen huge losses across a number of different cryptos. But these losses aren’t limited to the crypto world, traditional stocks have been struggling just as much. While some crypto fans panic, others see this as the time to buy. Many believing that prices might not get this cheap again (potentially ever). While nobody knows for sure, if you still believe in the long-term for crypto (we do), then short term volatility shouldn’t be an issue.

Despite huge losses recently and big falls from previous all-time highs, the market has arguably been consolidating over the last few days. Even so, with global recession looming, nobody is certain how long this bear market will last. That’s why picking the right crypto investments is as important as ever. It isn’t as easy as when everything was just going “up”, but there is still money to be made in crypto. Let’s have a look at three different cryptocurrencies that are still popular right now despite overall market conditions…

Gnox performs outstandingly during the bear run

That Gnox has continued to rise in price over 63% when almost all of the rest of the crypto has seen huge losses, is quite frankly remarkable. GNOX has been one of the best performers across the entire industry for the last few weeks while still during pre-sale. With more token burns planned, and more people realizing the benefits of GNOX’s Yield Farming as a Service, prices could continue to grow. And Gnox holders also get the long-term upside of real passive income without having to manage DeFi investments themselves, seen as crucial in bringing the benefits of crypto investing to the masses.

BTC consolidates losses

After suffering losses over the last few weeks, many market analysts believed that there was enough support at $20,000 per BTC and that wall would not be broken. So when the price dipped below that point a few days ago, all bets were off. Confidence had arguably been lost, and nobody knew what the true bottom was. Some were calling $10k. Some even less. But since then, BTC has arguably shown real resilience. Having dipped below previous all-time highs, support arrived. It has since grown somewhat and managed to consolidate price a little. At a time when global market conditions are terrible, and with many people calling much lower bottoms, this consolidation could easily be seen as strong.

Shiba continues to grow in popularity

Shiba has had a very interesting year or two. Huge gains followed by a slight downturn. While some argue Shiba is just a memecoin with no real fundamentals, it does offer good passive income returns thanks to rewards for users who want to burn tokens. And prices could improve even more as supply reduces thanks to even more users burning SHIB.

We like these 3 cryptos right now, and think they could be great additions to your portfolio. Try mixing industry stalwart BTC with up-and-coming GNOX for real gains in the bear market.

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

For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.