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With Many Cryptos Falling Victim To The Bear, Only A Few Escape; Gnox (GNOX), Evmos (EVMOS), And Binance Coin (BNB)

With Many Cryptos Falling Victim To The Bear, Only A Few Escape; Gnox (GNOX), Evmos (EVMOS), And Binance Coin (BNB)

After losing almost $2 trillion in value since the November 2021 highs, the crypto market has suffered a brutal meltdown this year. Many experts are of the opinion that this bear market is going to be longer than what we assume. Some major cryptocurrencies have faced the brunt flat on face, except a few resilient cryptos like GNOX, EVMOS, and BNB.

Let’s take a look at what makes them tough against turbulent market conditions.

Gnox (GNOX)

Gnox is a community-focused ecosystem with the primary focus to provide “Yield farming as a service” to investors. It sets a new standard in tokenomics to protect the value against volatile market conditions. The conceptual incentive model of this protocol is based on the deployment of the treasury to DeFi protocols. Rewards generated from liquidity pools and DeFi lending are shared among GNOX token holders. This encourages long-term investment from potential investors, which creates sufficient buying pressure on the token. It is currently in the presale phase, and all the unsold tokens will be burnt before the contract launch. This will trigger further price increase, irrespective of blood on the streets.

Evmos (EVMOS)

Evmos is a next-level PoS blockchain that brings Ethereum-based applications to the Cosmos ecosystem, thus allowing developers to access all the desired features of Ethereum. With high throughput, horizontal scalability, and fast transactions, Evmos is a boon for developers looking to deploy their smart contracts on a Proof-of-stake consensus. The functionality of this level is anticipated to be the future of crypto development. Furthermore, its native token EVMOS is not just intended to be used for transaction fees and staking. It will also align users, developers, and validators through a governance mechanism. At the current price, it has shown plenty of strength over the past few weeks and is expected to weather the storm further.

Binance Coin (BNB)

BNB is the primary token of the Binance Smart chain ecosystem, with other prominent use cases such as paying for trading fees, staking, and real-world purchases. It is one of the most popular utility tokens in the world with an auto-burn mechanism that fuels the supply-demand tokenomics. BNB has stood the test of time, thanks to a growing ecosystem that keeps expanding regardless of market conditions. Experts consider Binance Coin as one of the safest investments that will generate exponential returns over the long term.

Find Out More Here:

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

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. 

 

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