It’s time for crypto holders to weather the storm as we witness Bitcoin crashing down to levels not seen since December 2020. The fear & greed index has swung towards “Extreme fear”, and many investors are feeling the short-term pain.
However, crashes like these also make up a perfect opportunity to buy the dip. History has proven time and again that the crypto market makes a strong comeback after every crash. That being said, not every altcoin will benefit from the anticipated bounce. Only those with strong fundamentals and exceptional teams will make the cut.
Polkadot (DOT), Gnox (GNOX), and Binance (BNB) are three such coins that have grabbed the attention of investors for their resilience in volatile market conditions.
GNOX
While the project is still in the presale phase of development, Gnox has gained immense popularity for its vision to make DeFi earning easy. It claims to be the first-ever protocol to offer “Yield farming As A Service”.
The primary goal of this venture is to lower the barrier for entry-level investors by providing seamless education. It employs treasury cash to invest in DeFi yield earning protocols. Any rewards accumulated in a given time frame will be used to buy $GNOX from the secondary market and redistributed to holders. According to the whitepaper, users will also get 1% of the buy/sell tax every 60 minutes for each transaction on the network. These incentives are meant to ensure price stability even during uncertain market conditions.
The first presale has already started in full swing, with 1.375B $GNOX tokens up for grabs at a price of $0.01 per token. Given the innovative tokenomics and marketing techniques behind this project, it is poised to garner wider attention in the coming weeks.
Binance (BNB)
A native token of the world’s largest crypto exchange is a no-brainer investment in any dip. While most cryptocurrencies are down by over 80%, BNB has stood the test of time and is still hovering around important support levels. At the time of writing this, it is trading at about $300 with a market cap of $49.5 bn.
The tokenomics is designed in a way that every quarter, some BNB will be burned until half of the total supply is completely destroyed. That means you can foresee an increase in value over time. Apart from paying the trading fee, the token can also be used to settle transaction fees on Binance Smart Chain and participate in token presales.
With the growing popularity of Binance, it comes as no surprise that BNB is one of the safest bets you can make right now. Once the dust settles, there is no reason why it shouldn’t hit the 4-digit mark!
Polkadot (DOT)
The term ‘interoperability’ has become synonymous with the Polkadot protocol that aims to connect blockchains and oracles. With unmatched scalability and speedy transactions, the project is here to stay regardless of the market conditions.
The network flexibility to interact with other blockchains is the primary reason why many educated investors are considering DOT as a safe investment.
Find Out More Here:
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
