Gnox (GNOX), SHIB and FTM Show Bullish Signs!

Gnox: The outlook for most crypto investors is bleak with a growing risk aversion environment. Crypto’s overall market cap continues to drop and it seems to bring lower lows every week. However, investors have deeply misunderstood the current market conditions. decline process; When the inevitable market turn comes, crypto is a once-in-a-lifetime opportunity to accumulate and secure life-changing wealth. This article features three crypto projects (GNOX, SHIB, and FTM) with bullish signals that could show excellent performance towards the end of 2022.

First altcoin on the list: Gnox (GNOX)

The first of the altcoins we will talk about is Gnox, a unique reflection token that will be released in the 3rd quarter of this year. This new addition to the BNB Chain ecosystem will change the DeFi (decentralized finance) earnings paradigm. Gnox makes DeFi returns more accessible and manageable for casual crypto investors. The GNOX token acts as a single investment vehicle, providing investors with exposure to DeFi returns.

Gnox’s treasury is financed by trading taxes. It provides earnings for investors on tested DeFi protocols. It is the first treasury where investors are at the forefront. Once GNOX is on the open market, all trading activities will provide a steady flow of capital. Thus, it will increase the income generation potential of the treasury. The desirability of GNOX will naturally increase as GNOX holders start receiving stablecoin reflections and their value starts to increase. Token price action is expected to be incredibly bullish towards the end of 2022.

Popular meme coin: Shiba Inu (SHIB)

The famous “Dogecoin Killer” Shiba Inu was originally launched to rival the famous meme coin. This token shocked investors globally. It has solidified itself as one of the most profitable investments ever after the hard rally in 2021. On-chain metrics show that whales are busy accumulating SHIB and the token burning continues as trillions of tokens exit the market. With the burn, the total supply of the token continues to drop. These signals are incredibly bullish. It signals that SHIB will make another major rally once macro market conditions reverse.

Last coin on the list: Phantom (FTM)

FTM is the native token of Opera Network and a coin with a reputation for price volatility. However, this does not seem to deter investors. Looking at the on-chain data, it seems that the whales in the ecosystem are busy accumulating FTMs quickly. Whales are taking advantage of this current price action. For investors, it would be wise to follow the lead of the whales.

Expert Shares Altcoin Picks

Opera Network is known as the “Unofficial DeFi King” among its supporters. The incredible development of Phantom is due to its ability to grab the TVL (total locked value) of other chains in the ecosystem. Big names like Harry Yeh and the Tomb Finance ecosystem continue to grow and develop Phantom. Meanwhile, more and more protocols continue to be launched on the network. The potential of FTM is huge and investors are acting very early for this network, which will be a central player in DeFi’s future. More information can be found at the following links:

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing site 3 months ago.