GNOX Set To Overtake APE, MATIC As Token’s Price Continues Ascent

Christian Encila

2 years ago

3 mins read

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GNOX, and the crypto markets, are slowly recuperating from months of recession. And it’s not just the crypto winter that’s to blame, a whole rigmarole of other factors comes into play.

Traders and investors are now looking for the most lucrative and promising cryptocurrencies and projects like the blue-chip GNOX.

With its impressive business model, many crypto experts are placing their bets on the token, a new breed of DeFi or smart money that is expected to eclipse APE and MATIC in terms of price gain.

GNOX Pre-Sale Price Spikes 60%

Gnox is a revolutionary and user-friendly Decentralized Finance earning tool which comes handy even for beginners. Evidently, the token’s pre-sale price has spiked by 60% even if it hasn’t been launched yet.

Gnox is yet to launch in August 2022 but to date, it has already amassed hefty pre-sale gains matching the needs of private and institutional investors. Its massive growth even at a pre-launch stage is comparable to that of EOS and Binance Coin (BNB).

Gnox is definitely great fit for newbies in the DeFi space because its platform is made conducive to investors who are looking to create passive income from crypto.

APE And MATIC Enjoy Price Pumps

APE and MATIC are also enjoying significant price hikes as the Bored Ape Yacht Club APE token price increased by 20% which goes the same with Polygon’s MATIC price that jumped by 16%.

Polygon recently announced an ETH upgrade which gave MATIC increased momentum especially since it was also made public that the latter has been chosen to be a part of much-coveted Disney accelerator program.

These left and right collaborations and development paved the way for MATIC’s recent increase in price that soared by over 60% in the past couple of days. More so, MATIC has also grown rapid to over 126% as seen in the past making the token one of the high-performers among cryptocurrencies at that particular time.

Crypto total market cap at $1.03 trillion on the daily chart | Source: TradingView.com

The Promise Of Passive Income

Gnox promises passive income opportunities apart from ridding off middlemen in financial tractions. It’s also the first-ever protocol that has a treasury. It aims to simplify DeFi and make it easy-running for all investors; even for entry-levels.

For those with low-risk appetite, Gnox is a haven because this platform allow everyone to access lending and liquidity protocols without taking lengthy steps. The only requirement is to buy and hold GNOX and then start earning passive income out of it.

Apart from providing passive income, Gnox also aims to be platform for different DeFi activities. In the future, Gnox is also planning to launch NFT staking and a decentralized exchanged combined with an aggregator tool.

Once Gnox is launched, the protocol is designed to be 100% decentralized and with zero human intervention.

Featured image from Analytics Insight, chart from TradingView.com

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.