Gorilix gains traction as Polygon and Binance’s BNB stand firm

Following its recent trend, Gorilix (SILVA) has continued gaining footing and building traction during its presale. With just over a week left in the first stage, we have seen a total of 15 million SILVA tokens purchased so far. The SILVA hype train is in its early stages, so it hasn’t left the station just yet, but so far in its short life span, the token has seen impressive growth with its price tripling already. Now priced at $0.026 per token, up 230% from its $0.008 market debut, it would appear the token is still modestly priced with much room for growth.

Generally speaking, new tokens’ early growth phases are during the presale, shortly after launch, and when they are listed on major exchanges. For Gorilix, the presale phase will conclude on September 6th, when it will launch onto UniSwap. Soon after this launch, the plan is for the token to be listed on many more exchanges, thus increasing its reach and opportunity for growth.

The value in the Gorilix proposition is in both the token and the Gorilix Defi platform, which is being built to enable crypto casuals, enthusiasts, traders, and investors to maximize their crypto portfolios and gain interest on all their holdings,including custom ERC20 tokens.

To buy your SILVA tokens or learn more about GorilixDEFI, visit https://gorilix.io.

Turning tide

After experiencing a good month of trading which sees Polygon (MATIC) up over 30% in the past 30-days, Polygon continues to be resilient, showing the tide may slowly changefrom the crypto winter of May and June. Despite the value dropping as much as 6% on Wednesday 13th July, the price has begun to climb again, showing sustained resilience against broader market conditions.

MATIC’s current good run has put the crypto in a position to challenge Wrapped Bitcoin (WBTC) and Avalanche (AVAX) in terms of total market capitalization.

BNB coin has also shown its strength, with its price remaining pretty stable over the past 30 days. As things stand, the price over the past 30 days is almost identical, while in the pastseven days, there has been a slight slippage of around 4% in the value. Although the currency has reached as high as $246.68 and as low as $184.54 in the past month, BNB has largely managed to stay within its current range of $215-$235 and has performed considerably better than both Bitcoin (BTC) and Ethereum (ETH) during this time.

While we wait to see what happens with crypto in the immediate future, the signs are there that the tide could be turning with the market seeing more stability now than it has in the previous months.

To buy your SILVA tokens or learn more about GorilixDEFI, visit https://gorilix.io.

To register for the presale: https://cabinet.gorilix.io/sign-up

To join Gorilix on Telegram, Twitter & Instagram: https://linktr.ee/Gorilix

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.