While we’ve seen some relief from the crypto market’s big dip of 2022 over the past few weeks, most analysts are suggesting we may not be completely out of the weeds just yet. However, most also agree that once we see a new bull market, three crypto assets in particular could offer holders massive upside potential. These are Binance Coin (BNB), Gnox Token (GNOX) and Solana (SOL).
While BNB and SOL are both top Layer 1 blockchains that are predicted to continue gaining ground on Ethereum, GNOX is a newcomer to the scene that appears to have no real competition and a built-in advantage.
Let’s go through each of these assets and see why they could offer crypto investors superior returns in the next bull run.
Binance Coin (BNB)
Binance was originally a modified copy of Ethereum. However, Binance is now the world’s largest crypto exchange (by daily volume) and has evolved since then.
Binance Chain and Binance Smart Chain were merged into the BNB Chain back in February. And recently, at the BNB Chain Revelation Summit, Binance announced that it released a new technical roadmap.
The new roadmap includes the introduction of BNB sidechains for improved DAPP development, an increase in block gas capacity to 200 million, and an increase in the number of decentralized validators to 41. The increase in block gas capacity is expected to result in faster and cheaper transactions.
Ongoing development aside, Binance has broadened its horizons
ally recently announced that they have received licenses for crypto services in several European countries, most recently in France and Italy.
Gnox (GNOX)
Gnox quickly gained notoriety for its unique and innovative Yield Farming as a Service platform. The project’s mission is to streamline and simplify yield farming for entry-level investors while significantly reducing risk.
Gnox puts a portion of each sale of its native GNOX token into a treasury. These funds are then used by experienced DeFi analysts on yield farming platforms to generate passive income. Cumulative Returns a
re then used to buy GNOX tokens from the secondary market and then redistribute them to holders.
According to the Gnox whitepaper, holders also accumulate coins with a 1% tax on each transaction. That, plus the fact that the treasury is invested in low-risk assets that pay dividends, makes GNOX a no-brainer as a long-term investment.
The Gnox presale is ongoing and will run until July 12th. The platform officially launches on July 18th. Early adopters have already seen more than 50% returns on their investment.
Sunshine (SUN)
Solana is a Layer 1 intelligent blockchain that offers the potential for life-changing gains in the years to come. Like every Ethereum competitor, Solana has what it takes to compete in the global DeFi market, including ultra-fast transaction confirmation and low fees.
Solana has seen amazing growth over the past few years. Blockchain was launched in 2021 and quickly rose to the 120th position by market cap. Before the end of the year, SOL had overtaken both Cardano and Polkadot and made its way into the top 5 smart blockchains. By mid-2022, SOL was rewarding early adopters with gains of over 12,000%. SOL has done well during the 2022 slump and is actually up about 150% since that time last year.
Learn more about Gnox:
Participate in the pre-sale: 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
Instagram: https://www.instagram.com/gnox.io/
I’m an Associate Content Producer for the news section of Coinape. I have previously freelanced for numerous websites, covering a dynamic range of topics from sports, finance to business and politics.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
https://platform.twitter.com/widgets.jshttps://platform.instagram.com/en_US/embeds.js
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.