Throughout history, there have been destined people. This is especially true for the bear market. Cryptocurrency prices are oversold on the RSI and the Fear & Greed Index has been at record lows in recent weeks. These conditions only occur at the bottom. Still, some dark blacks are predicting further ruin.
But if history is any sign, the market will quickly turn in the opposite direction as usual. Here are three cryptocurrencies that we recommend you consider stacking right now before taking off again.
Traditionally, Tron’s use cases have been distributed file storage and content delivery. However, Tron is currently working on adding the Stablecoin ecosystem to the Layer 1 blockchain. This will significantly increase the potential use cases and demand for coins.
Stablecoin is programmed to have a fixed value of US $ 1. When the price goes down, TRX holders can buy at a lower price, and if the price overheats, they can revert to TRX. The more stablecoins the platform mint, the more demand for TRX should be.
Even without Stablecoin, TRX has a history of surpassing other altcoins in the bear market and surpassing Bitcoin and Ethereum in the bull market.
In the battle for the superiority of the Layer 1 blockchain, it will be difficult for the rest of the pack to catch up with the leader Ethereum, especially after the network has been completely transformed into a proof of stake consensus mechanism.
The major smart contract platforms have the largest development community and are the most used in the blockchain. If Ethereum could manage the gas price, it would certainly be pulled away from the rest of the pack, so keep an eye out for the news about it.
In today’s market, some crypto analysts expect ETH prices to exceed $ 10,000 by 2025 and $ 20,000 by 2030. That’s 1600% revenue in just eight years.
Gnox token (GNOX)
Gnox is a DeFi utility token scheduled to be released in mid-August. However, crypto investors have the opportunity to participate in this project before it begins. Early adopters have the potential to earn some great returns from now on with monthly token burns. Also, all unsold GNOX tokens will be burned at startup, but a substantial profit is guaranteed.
The buyer may then make a profit and sell the initial investment. Or, better yet, it could last for a long time. GNOX holders can earn continuous passive income simply by holding tokens through what Gnox calls “harvest farming as a service”.
Interestingly, it doesn’t matter if the market is bullish or bearish. This is because all aftermarket sales of GNOX tokens are subject to a 10% royalty that goes directly to the Gnox Treasury, which is used to invest in passive income opportunities.
This means that regardless of which direction the market is heading, the treasury will grow and generate more and more passive income over time. In addition to its regular burns and airdrops, it continues to increase its GNOX holdings.
You must participate in the pre-sale of tokens until August 12, but if you board the ship early, the profits you will get at the time of launch will be large.
Details of Gnox:
Participate in presale: https: //presale.gnox.io/register
Website: https: //gnox.io
Telegram: https: //t.me/gnoxfinancial
Discord: https: //discord.com/invite/mnWbweQRJB
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