Leading economists forecast the bear market to last for a minimum of twelve months, more likely twenty-four months. With constant announcements from top crypto analysts of lower lows and more legs downwards, investors are beginning to lose hope. And for the investors who bought at the cycle tops, the bear market is the cruellest time, yet it is in these market conditions that life-changing wealth is made.
This article features three crypto projects that will breathe life into any investor’s portfolio.
Gnox (GNOX)
First up is Gnox, which has had an astounding performance in the last month alone, soaring by more than 60% to the upside. Gnox is a protocol slated to release in Q3 on the BSC (Binance Smart Chain) with a vision of totally disrupting DeFi (decentralised finance) earnings. Instead of DeFi yields being kept to a small, tight-knit community, Gnox will leverage the power of its treasury to bring DeFi earnings to ordinary investors. Gnox’s treasury is funded by buy and sell taxes and is the first protocol treasury to be used on behalf of investors.
GNOX holders are entitled to a monthly stablecoin reflection and hourly distribution of GNOX tokens in a new earning strategy called Hold to Earn. The treasury is deployed in DeFi protocols, and then the yields are distributed amongst GNOX holders. With a focus on growth, only the proceeds are distributed, so in theory, the principal sum of the treasury should constantly expand.
Early participants in the protocol have realised this and are betting on the project paying out greater and greater reflections. When the market recognises Gnox for its residual income flow, the price will undoubtedly move to the upside. The anticipation of these payments is already forcing the token’s price upwards.
KuCoin (KSC)
KuCoin is one of the most popular exchanges, and for a good reason. It boasts an enormous selection of digital assets, comparatively low fees, and features many tools for advanced traders such as futures and P2P trading. KuCoin also has high liquidity and a huge number of users allowing it to make highly efficient swaps.
KCS is the native token of KuCoin and was released in 2017 via a token sale for $0.26 per token and has performed admirably since. Initially introduced as a profit-sharing token, it has allowed traders on the platform to benefit from the exchange’s growth. Now trading at $9.05, KCS will inevitably see growth when the next trading frenzy begins either at a market reversal or another leg down. Exchange utility tokens benefit massively from increased trading activity, and KCS will rally again; it is just a matter of time.
Celo (CELO)
Celo is a project that has garnered lots of attention for its unique approach and is one of the blockchains being adopted worldwide. It is a PoS (Proof of Stake) and EVM (Ethereum Virtual Machine) compatible layer one protocol that focuses on mobile users. Celo brings global payment infrastructure to the world, specifically the 1.7 billion unbanked who have access to a smartphone.
Celo is the world’s first carbon-negative blockchain and allows for payments to be sent with just a phone number, and the effect this protocol has had in areas of the developing world is astounding. CELO is the governance token for the protocol and trades at $0.94, but with swelling adoption, the CELO is primed to appreciate.
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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Source: https://www.thecoinrepublic.com/2022/07/10/reverse-your-portfolios-bearish-trend-with-gnox-gnox-kucoin-kcs-and-celo-celo/