Gnox (GNOX) Demand on Presale Spikes the Price Up by 63%. Bitcoin (BTC) and Ethereum (ETH) Revive from the Bottom
It has been an eventful year for the crypto market thus far, but not the kind you wish as an investor. Major cryptocurrencies have taken a nosedive following a deep correction. Even though the market is consolidating at a critical level, no one knows where the macro bottom will be.
The two largest digital assets by market capitalization, Bitcoin and Ethereum printed green candles after recovering from the recent market downturn. Bitcoin is up by 22% from the yearly lows of $17600, while Ethereum has gained over 30% this week. The sudden upswing from the local bottom has added over $100 billion to the crypto market.
However, the revival may be short-lived, amid the fears of a global financial crisis and fed rate hikes. The macroeconomic outlook doesn’t seem to favor the bulls, and a prolonged bear market could be a possibility.
Despite huge losses across the board, Gnox has been performing beyond expectations. Owing to a huge presale demand, the price is already up by 63%, and there’s still plenty of room to grow. A massive token burn after the conclusion of the first presale phase has been the catalyst behind the rise.
Given the need for innovation in the DeFi space, Gnox is on a mission to make yield farming rewards easily accessible for investors of all levels. The protocol sets a new standard in tokenomics by eliminating the complexities of DeFi for GNOX token holders. The platform has a purpose-built treasury with the main objective of accumulating funds and deploying them to various liquidity pools and loaning protocols. The proceeds from DeFi investments are then distributed as rewards to the community.
With the multichain expansion and aggregator tool in the making, Gnox will become a single-point platform for new investors looking to benefit from DeFi.
The mechanism behind Gnox has been widely tested by DeFi experts, and the lucrative incentives on offer have attracted long-term investors. The presale has garnered a lot of attention with several media outlets covering its progress. Further upside is expected as the project gets closer to the launch.
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
The post Gnox (GNOX) Demand on Presale Spikes the Price Up by 63%. Bitcoin (BTC) and Ethereum (ETH) Revive from the Bottom appeared first on .
It has been an eventful year for the crypto market thus far, but not the kind you wish as an investor. Major cryptocurrencies have taken a nosedive following a deep correction. Even though the market is consolidating at a critical level, no one knows where the macro bottom will be.
The two largest digital assets by market capitalization, Bitcoin and Ethereum printed green candles after recovering from the recent market downturn. Bitcoin is up by 22% from the yearly lows of $17600, while Ethereum has gained over 30% this week. The sudden upswing from the local bottom has added over $100 billion to the crypto market.
However, the revival may be short-lived, amid the fears of a global financial crisis and fed rate hikes. The macroeconomic outlook doesn’t seem to favor the bulls, and a prolonged bear market could be a possibility.
Despite huge losses across the board, Gnox has been performing beyond expectations. Owing to a huge presale demand, the price is already up by 63%, and there’s still plenty of room to grow. A massive token burn after the conclusion of the first presale phase has been the catalyst behind the rise.
Given the need for innovation in the DeFi space, Gnox is on a mission to make yield farming rewards easily accessible for investors of all levels. The protocol sets a new standard in tokenomics by eliminating the complexities of DeFi for GNOX token holders. The platform has a purpose-built treasury with the main objective of accumulating funds and deploying them to various liquidity pools and loaning protocols. The proceeds from DeFi investments are then distributed as rewards to the community.
With the multichain expansion and aggregator tool in the making, Gnox will become a single-point platform for new investors looking to benefit from DeFi.
The mechanism behind Gnox has been widely tested by DeFi experts, and the lucrative incentives on offer have attracted long-term investors. The presale has garnered a lot of attention with several media outlets covering its progress. Further upside is expected as the project gets closer to the launch.
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
The post Gnox (GNOX) Demand on Presale Spikes the Price Up by 63%. Bitcoin (BTC) and Ethereum (ETH) Revive from the Bottom appeared first on .
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