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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected

Q3 Top Presale And Layer One Cryptos You Can Invest In Right Now; Gnox (GNOX), Polygon (MATIC), Fantom (FTM)

Bitcoinist
by Bitcoinist
Last Updated: August 3, 2022 10:28 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Last year, cryptocurrency presales were all the rage, offering a compelling way for investors to learn about intriguing projects before they go public. Pre-sales are inherently risky, but if the project succeeds and lists on centralized or decentralized exchanges, they can offer exceptional returns.

Below are the top presale tokens and layer one cryptos you can invest in right now:

Gnox (GNOX)

Gnox is a protocol designed to give long-term investors a growing treasury that will generate an increasing stream of passive income for investors. When this project debuts on the Binance Smart Chain (BSC) in Q3, a lot of people are curious to see how it performs in comparison to some of the most potent growers in the cryptocurrency space.

The first protocol that offers yield farming as a service is Gnox. It accomplishes this by levying a buy/sell tax and using a portion of each token transaction to pay for the establishment of a treasury. The yield generated by this treasury is then distributed via DeFi protocols to stablecoin holders of tokens.

A remarkably complex process has been condensed by Gnox into a single investment vehicle. The monthly reflection will always increase because only the proceeds are ever touched from the treasury. Analysts who have commented on the token predict that it will grow quickly in 2022.

Polygon (MATIC)

A network with a low transaction fee can now benefit from Ethereum’s security and efficiency thanks to Polygon, a decentralized platform. It makes use of a proof-of-stake consensus and is intended to support DeFi protocols inside the Ethereum ecosystem. It is simple for developers to create and port apps thanks to EVM compatibility.

The team also has future plans to introduce blockchain networks that are connected to one another, creating an “internet of blockchain.” The fact that this network is currently hosting up to 7000 dApps suggests that the platform will be around for a very long time.

Fantom (FTM)

Fantom is best known for its work in decentralized finance, or DeFi. Decentralized exchanges (DEXes) or DeFi protocols, such as SpookySwap, SpiritSwap, and Curve, make up the majority of the top projects on the Fantom network at the moment. That makes sense, especially considering how fast and inexpensive Fantom is. For a DEX to function effectively, processing a large volume of trades requires both high speeds and low costs. An aggressive entry into a more varied range of cryptocurrency opportunities could be a motivator for Fantom.

Learn more about Gnox:

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
Instagram: https://www.instagram.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 Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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