Place/Date: - June 17th, 2022 at 10:17 am UTC · 3 min read
Both Uniswap and Chainlink have arguably become mainstays of the altcoin world. And while it might not be too late to get involved, people wanting stratsopheric gains may already have missed the boat. But there’s one token in the crypto world that while new to the scene, has been generating a ton of interest. And that’s GNOX. And because GNOX is so new, now could be the perfect time to invest before it goes to the moon. Regardless of GNOX’s future price restriction, we believe it’s an incredibly worthwhile project that solves real issues in the crypto world.
Uniswap and Chainlink currently sit 23rd and 21st respectively by market cap – with totals of $8bn between them. So while they might not be as large as BTC and ETH, they’re still big players in the altcoin world. And importantly: they’ve arguably already had their growth phase.
This itself doesn’t mean they won’t continue to have a great future in the crypto scene. After all, they’re highly competent projects that have already managed to make themselves highly competitive. They both also sit considerably lower than their all-time-highs. Does this suggest their time is over, or that they’ve got potential for when the next bull market starts?
The problem with investing in LINK or UNI is that while they’re great projects, you aren’t getting in early. That’s why we think GNOX could be the perfect choice. Still in pre-sale 1, with pre-sale 2 starting soon, now could be the time to invest.
Gnox works by building a treasury of funds which are then invested based on holder voting. Gnox token holders get to vote on how much risk they want the investments to take, but importantly—they don’t have to get involved with managing the investments themselves. Liquidity pooling, staking, loaning protocols and a range of other complicated strategies are all taken care of for them by the treasury. All they need to do is hold and count their passive revenue. It’s something the crypto world has been crying out for and could be the next step in taking DeFi investment into the mainstream.
So early adopters of GNOX get two benefits: they might get to experience continued growth in the GNOX token, but even just by holding their coins they will get access to regular passive income, without having to manage anything. And that’s why we think GNOX could be perfect for those new to crypto, in an industry where many of the benefits are often limited to those who understand exactly what they’re doing.
Maybe it is too late for UNI or LINK, especially if you want to get into a project early with huge potential upsides. With GNOX, you can just get good passive income at a time when lending rates from banks are low. And if the coin itself continues to surge in price, it could be a win-win.