After +60% Movement, Gnox (GNOX) Looks Primed To Push Up, Beating Out Gains From Solana (SOL) And FTX (FTT)

There is no doubt that the bear market has arrived, and the general market environment is looking sluggish. Supply chain disruptions caused by COVID-19 and the war in Ukraine, causing energy prices to soar, created the perfect storm for inflation. Then the FED printed trillions of dollars and markets soared with this introduction of cheap liquidity. But with a finite amount of goods and more money to buy them with, inflation soared. Now the FED is backpedalling and trying to remove as much liquidity as possible from the system, the effect being that markets are tanking. But all these factors are not stopping certain projects from posting astounding gains, and this article examines three crypto projects, one of which has completely disregarded the bear market.

Gnox (GNOX)

It is evident that Gnox has not received the memo about prevailing market conditions; the token has posted gains of more than 60% last month alone and looks primed to continue its rally. Still, in its presale phase, Gnox continues to draw more early investors.

What is Gnox?

Gnox is a new protocol implementing a Hold to Earn strategy with ambitions of bringing DeFi (decentralised finance) to a much wider audience. Gnox has formulated a single investment vehicle for DeFi earnings. The protocol introduces a treasury built and run on behalf of the investors, this treasury generates yield in DeFi protocols, and every 30 days the yield is reflected to GNOX holders. This simple passive income protocol is attracting many investors to the presale, and with its growth-orientated nature, it seems inevitable that Gnox will continue to rally.

Solana (SOL)

The infamous ‘Ethereum Killer’. Solana is a project at the forefront of the next generation of blockchains promising greater scalability. Built entirely around the premise of speed, Solana has become one of if not the fastest layer one protocols in the crypto space. With its hyperspeed and low-cost transactions, it has established itself as a true competitor for the blockchains of tomorrow.

SOL, the native token of the network, has proven itself capable of incredible price appreciation with a legendary run in 2021. Now trading at $32, many investors are using its current price point to load their bags.

FTX (FTT)

FTT is the native utility token for the popular CEX (centralised exchange) FTX, where it can be single-staked and used to reduce trading fees. FTT was another token that enjoyed an explosive run throughout 2021, with the token posting gains of more than 1200%.

FTX is an exchange sometimes described as a paradise for seasoned crypto traders. It specialises in leveraged products and derivatives. Its smooth UI and more advanced trading options have attracted many traders. FTT, now trades at $24 and is primed to rally when the market reverses, and leveraged trading once again becomes more ubiquitous.

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

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