Cryptocurrencies have been on a roller coaster ride over the past few years, and it looks like they’re about to go on another bull run. While the last bull run was driven by retail investors, this one looks like it will be driven by deep-pocketed institutional investors. This is good news for the cryptocurrency market, as it will bring in more legitimacy and mainstream adoption.
When it comes to the next bull wave, there are few places hotter than the cryptocurrency market right now. As the crypto market gears up for the next bull run, Gnox, NEAR Protocol and Algoran are three of the top cryptos to watch.
Gnox (GNOX)
Gnox is an investment token, a store of value, a diversified portfolio, and a passive income generator all in one. To gain exposure to a diverse portfolio of passive-income producing assets, crypto investors only need to purchase and hold the GNOX token. The Gnox team takes care of the rest.
For ongoing passive income, Gnox’s treasury is invested in liquidity pools, lending platforms, and staking rewards. Gains are used to buy back and burn GNOX tokens on the open market on a regular basis, making Gnox a sought-after deflationary token.
Gnox’s team has extensive experience in the cryptocurrency space, and the project has the potential to disrupt traditional investment assets.
Near Protocol (NEAR)
The native NEAR token jumped 12% to a high of $5.97 after Coinbase added the token to its listing roadmap, which shows assets that the cryptocurrency exchange plans to add.
NEAR is the native token of the Near Protocol, a layer 1 blockchain network that allows developers to create decentralized applications (dapps). The network, which uses a proof-of-stake (PoS) consensus mechanism, is a direct competitor to Ethereum.
Near was designed to be faster and less expensive than Ethereum. Its high transaction speed and capacity are achieved through a process known as “sharding,” which divides the blockchain into subchains that are operated on by different validators and are regularly connected to one another.
Algorand (ALGO)
Although Algorand is not the oldest cryptocurrency, it does provide a new method for digital transactions that has piqued the interest of both investors and users. Algorand has kept its promises, and it is now one of the most well-known names in cryptocurrency.
In the first quarter of 2022, Genesis-Capital, Coinbase Ventures, Borderless Capital, ParaFi Capital, The Algorand Foundation, OKEx Blockdream Ventures, and Jump Crypto all invested in Algorand. This is demonstrated by the fact that Algorand is one of the best cryptocurrencies to purchase right now.
Learn more about Gnox:
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
Instagram: https://www.instagram.com/gnox.io
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Source: https://www.thecoinrepublic.com/2022/08/13/with-gnox-gnox-near-protocol-near-and-algorand-algo-you-are-set-for-the-next-bull-wave/