With much of the economic world in turmoil in recent weeks, the crypto scene hasn’t managed to escape losses. Many are wondering how long this bear market will last, and what the long or short-term prospects are for many of their favorite coins. It’s also why some crypto investors are shifting their portfolios around and moving their positions into those that have performed better in recent weeks. Coins that have shown some bear market resilience are understandably growing in popularity. Let’s have a look at some of those coins
Enjin Coin (ENJ)
Built off the back of the popular gaming network, Enjin (a crucial part of the wider-Minecraft community), Enjin coin aims to make NFTs available to everyone. And with the NFT space becoming huge over the last couple of years, it’s well-placed in the crypto world. However, despite NFT’s explosion out of nowhere just a year or two ago, they’re currently struggling just like many other assets. That’s why ENJ coin holders could be looking for the next big thing in the crypto world.
Loopring (LRC)
Loopring is another interesting project that we like the look of. Built on the Ethereum blockchain, Loopring (LRC) offers anyone the ability to build their own exchange with the platform’s open-source technology. And the outlook for LRC is good, despite current market conditions. However, as Ethereum itself has struggled in recent weeks, so has LRC. That’s why more LRC holders might be looking to diversify their portfolio into a better coin.
Why people are moving their crypto holdings into GNOX
There’s a reason why people are selling a range of other coins and buying GNOX: the revolutionary new platform has performed remarkably well in recent weeks and shows true bear market resilience. GNOX has surged over 60% in price, while much of the rest of the crypto world is struggling. And for good reason, GNOX is a unique innovation that solves real issues the DeFi investment space and aims to bring real passive income benefits to regular and institutional investors thanks to “yield farming as a service”.
Gnox has already sold over 49million coins. This figure is expected to continue to grow as the coin moves from pre-sale and into the mainstream. Gnox tokens are still available at a discount via pre-sale. And it’s the wider GNox ecosystem that interests newcomers the most. The ability to enjoy passive income benefits without worrying about staking or liquidity pooling could be key in moving crypto investments into the mainstream as it aims to attract regular retail investors who have previously been hesitant about DeFi (or just simply don’t understand it).
As people make important decisions about their portfolios during the current bear run, there’s a reason why Enjin and LRC holders might be moving into GNOX.
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
