Many investors are in a panic during this bear market and are eager to sell their holdings and switch their portfolios to cash or short-term government bonds. The selling pressure for coins and tokens is driving down the price of cryptocurrencies, and the cryptocurrency market is no exception.
However, now would be a great time to invest in cryptocurrencies with the highest potential gains. Analysts believe that during the upcoming bull run, these three cryptocurrencies have significant potential for yield.
Gnox (GNOX)
Gnox is a brand-new decentralized financial solution that aims to give users of various DeFi platforms access to crypto investments. This protocol is distinctive in that it keeps a treasury funded by the collection of a transaction tax of 6%.
Investments in DeFi opportunities and stablecoin earnings are made using this treasury. Stablecoins gain value as the market starts to recover, giving token owners a reliable source of passive income. Token holders also receive a 1% tax distribution, boosting investors’ profits.
Within the first month of the presale, the price of Gnox’s token, GNOX, has already increased by 63 percent and may continue to rise exponentially after launch. Investing in this cryptocurrency now could result in sizable profits down the road.
Polygon (MATIC)
Some investors might view The Polygon as a secure investment, while others might not. The cryptocurrency enthusiast billionaire Mark Cuban made an investment in Polygon. Additionally, Polygon is actively hiring as many cryptocurrency businesses, such as Coinbase and BlockFi, lay off staff.
Numerous prominent partnerships may be a contributing factor in this. Apart from the NFL, brands like Nike, Adidas, Prada, Macy’s, Dolce & Gabbana, Macy’s, Adobe, and Meta have also used Project Polygon. Currently, the platform supports over 7,000 decentralized applications. Its broad range of dApps will continue to be useful for a very long time.
Binance Coin (BNB)
There is no denying that Binance has grown to be a powerful player in the world of cryptocurrencies. Though analysts think the BNB is risky and probably most impacted by changes in governmental regulations, the BNB cannot be discounted. Prior to declining by 10% at the start of this year, the coin rose by 1,250 percent in 2021. The likelihood of a similar resurgence is predicted by experts.
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
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/07/make-gains-against-the-bearish-headwind-with-gnox-gnox-polygon-matic-and-binance-coin-bnb