Should You Add Gnox (GNOX), Shiba Inu (SHIB) and Dogecoin (DOGE) to Your Portfolio in July?
The first half of 2022 will go down in history as one of the worst first halves for both crypto and tech stocks. While many investors have learned some painful lessons along the way, this creates a once-in-a-generation opportunity for anyone who wants to invest in cryptocurrencies for the long haul.
Although the markets aren’t expected to put in a V-shaped recovery, that’s okay. The longer the market consolidates, the better the returns new investors will see in the long run.
Here are three cryptocurrencies that you might want to add to your research list for July. The first two are, admittedly, meme coins. Their biggest asset is team loyalty. Dogecoin ($DOGE) and Shiba Inu ($SHIB) have recently seen the number of active addresses on their networks swell by over 30% in the past month.
The third is a DeFi token called GNOX that looks particularly attractive for July.
Shiba Inu (SHIB)
Never underestimate the power of brand loyalty. Meme coins tend to attract blind followers with excessive team spirit. However, don’t underestimate the SHIB army. So far they’ve launched their own DEX and DeFi platform, started work on a major metaverse project, and have even created Shiba Inuversity to help educate fans about crypto.
Shiba Inu started out with an insanely high circulating supply so that early adopters would be able to buy millions and billions of them. The current price is a measly one one-thousandth of one dollar — that’s $0.00001. However, the token started out at $0.000000000056.
Along the way, SHIB has created several millionaires. However, it has also lost investors a lot of money as it has fallen about 90% since its all-time high of $0.00008.
July looks to be shaping up as a good month. While the majority of cryptos continue to tank, SHIB has been leading the top 100 altcoins coming into July and is expected to continue to outshine all those less adorable cryptocurrencies.
Dogecoin (DOGE)
The original dog-themed meme coin, DOGE started out as a joke. Nonetheless, it has attracted a rabid following of fans. Its unofficial lead dog, Elon Musk has been a major catalyst for several pumps. Additionally, unlike most altcoins, some major operations now accept DOGE for payments including AMC Theaters, Game Stop, and several others.
Why do we think DOGE might be a good investment? The bottom line is that Elon Musk, a DOGE whale himself, all but promised in June to continue to support DOGE and has even hinted that it might someday be the official cryptocurrency of Mars. We think DOGE is going to be around for a long time to come.
Gox Token (GNOX)
Why would be telling you about a token to check into in July when it doesn’t even launch until mid-August? It’s because Gnox is currently in ICO mode. The presale ends on August 12th.
Between now and then, to incentivize early adoption, there are going to be at least two major token burns that will increase the price of the token before it even hits the open market. Then upon the close of the ICO, all unsold tokens will be burned which could drastically increase the price. Early adopters have already seen greater than 60% gains after the first two monthly burns.
So, what is the Gnox platform? It’s actually a pretty innovative concept. The idea is that all crypto investors have to do is buy and hold the token to enjoy passive income from an array of different DeFi platforms including staking platforms, peer-to-peer lending, and liquidity pools. Gnox calls it “yield farming as a service.”
There’s a lot more to be said about Gnox’s unique DeFi angle. If you take the time to learn more you’ll lilely think twice about selling your GNOX stack at a profit come launch day.
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/
The post Should You Add Gnox (GNOX), Shiba Inu (SHIB) and Dogecoin (DOGE) to Your Portfolio in July? appeared first on .
The first half of 2022 will go down in history as one of the worst first halves for both crypto and tech stocks. While many investors have learned some painful lessons along the way, this creates a once-in-a-generation opportunity for anyone who wants to invest in cryptocurrencies for the long haul.
Although the markets aren’t expected to put in a V-shaped recovery, that’s okay. The longer the market consolidates, the better the returns new investors will see in the long run.
Here are three cryptocurrencies that you might want to add to your research list for July. The first two are, admittedly, meme coins. Their biggest asset is team loyalty. Dogecoin ($DOGE) and Shiba Inu ($SHIB) have recently seen the number of active addresses on their networks swell by over 30% in the past month.
The third is a DeFi token called GNOX that looks particularly attractive for July.
Shiba Inu (SHIB)
Never underestimate the power of brand loyalty. Meme coins tend to attract blind followers with excessive team spirit. However, don’t underestimate the SHIB army. So far they’ve launched their own DEX and DeFi platform, started work on a major metaverse project, and have even created Shiba Inuversity to help educate fans about crypto.
Shiba Inu started out with an insanely high circulating supply so that early adopters would be able to buy millions and billions of them. The current price is a measly one one-thousandth of one dollar — that’s $0.00001. However, the token started out at $0.000000000056.
Along the way, SHIB has created several millionaires. However, it has also lost investors a lot of money as it has fallen about 90% since its all-time high of $0.00008.
July looks to be shaping up as a good month. While the majority of cryptos continue to tank, SHIB has been leading the top 100 altcoins coming into July and is expected to continue to outshine all those less adorable cryptocurrencies.
Dogecoin (DOGE)
The original dog-themed meme coin, DOGE started out as a joke. Nonetheless, it has attracted a rabid following of fans. Its unofficial lead dog, Elon Musk has been a major catalyst for several pumps. Additionally, unlike most altcoins, some major operations now accept DOGE for payments including AMC Theaters, Game Stop, and several others.
Why do we think DOGE might be a good investment? The bottom line is that Elon Musk, a DOGE whale himself, all but promised in June to continue to support DOGE and has even hinted that it might someday be the official cryptocurrency of Mars. We think DOGE is going to be around for a long time to come.
Gox Token (GNOX)
Why would be telling you about a token to check into in July when it doesn’t even launch until mid-August? It’s because Gnox is currently in ICO mode. The presale ends on August 12th.
Between now and then, to incentivize early adoption, there are going to be at least two major token burns that will increase the price of the token before it even hits the open market. Then upon the close of the ICO, all unsold tokens will be burned which could drastically increase the price. Early adopters have already seen greater than 60% gains after the first two monthly burns.
So, what is the Gnox platform? It’s actually a pretty innovative concept. The idea is that all crypto investors have to do is buy and hold the token to enjoy passive income from an array of different DeFi platforms including staking platforms, peer-to-peer lending, and liquidity pools. Gnox calls it “yield farming as a service.”
There’s a lot more to be said about Gnox’s unique DeFi angle. If you take the time to learn more you’ll lilely think twice about selling your GNOX stack at a profit come launch day.
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/
The post Should You Add Gnox (GNOX), Shiba Inu (SHIB) and Dogecoin (DOGE) to Your Portfolio in July? appeared first on .
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