Gnox (GNOX) Expected To Deliver High Returns, Similar To Cronos (CRO) And Ripple (XRP) After Successful ICO


The digital asset space has continued to develop despite experiencing negative price action. However, price is only one metric investors should follow; technology, value, and adoption are other metrics that can help an investor make prudent decisions. Bitcoin has finally started to make gains recently, but throughout the entire bear market, the technology never changed, its value proposition remained the same, and its adoption increased. Investors taking note of these metrics have been using this time to accumulate and will benefit significantly in the coming bull market cycle.

However, as Bitcoin matures, its price action becomes less volatile, and the outlandish returns of the prior cycles will remain consigned to history. Investors searching for high returns must look to altcoins, and coming to the BSC (Binance Smart Chain) next week is an underrated crypto gem. Gnox (GNOX) is expected to rally strongly when it launches. With its ICO (Initial Coin Offering) selling out, the momentum is clearly behind the project, and judged on the value metric; it is sure to disrupt the DeFi (decentralised finance) landscape. Gnox has the potential to deliver returns similar to Cronos (CRO) and Ripple (XRP).

Gnox (GNOX)

Gnox is restructuring DeFi investment, making it more equitable and accessible to a greater share of market participants. The GNOX token acts as a single investment vehicle exposing the holder to the profits of yield farming and DeFi interaction. The protocol leverages buy and sell taxes to build a treasury which is then put to work for the investor to generate yield. Each month all the proceeds will be swapped into stablecoin and split amongst GNOX holders. A key mechanism of this project is its focus on growth. Only the proceeds are distributed. The principal sum of the treasury remains untouched and continues to grow with time. A larger treasury fund means greater earning potential, and when the market prices in these increasing stablecoin payouts, GNOX will soar in value.

Cronos (CRO)

CRO is the utility token of and the native token of the Cronos blockchain. This token has grown alongside its exchange and displays many similarities with BNB. With many investors speculating that as the platform develops, so will CRO.

In 2018 CRO traded at $0.01149. Now it trades at $0.15 and traded as high as $0.96. Early investors made a fortune on CRO, and its current price point still offers an attractive entry point.

Ripple (XRP)

Ripple has been dogged by its SEC (Securities and Exchange Commission) case, which is finally starting to go in Ripple’s favour. When the case is concluded, Ripple will see a nice rally, and the coming integration of blockchain technology for international payments with the ISO20022 standard could see global Ripple adoption.

When it was a small cap in 2014, XRP traded at $0.002802 and currently trades at $0.37. Any long-term holders have undoubtedly created life-changing wealth.

Closing Thoughts

Understanding a project’s fundamentals allows investors to see its long-term horizon. If investors find a project with solid fundamentals early and before launch, they have found themselves a winning crypto pick. Gnox meets both criteria and is a project investors should be watching.

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