Due to its dual-chain architecture, Binance Smart Chain enables users to create decentralized applications and digital assets on one blockchain and then quickly trade them on the other.
Despite some early setbacks, this January, crypto enthusiasts think 2022 has the potential to be just as significant as 2021. A number of notable coins that are traded on the BSC are Gnox, Binance Coin, and Pancakeswap.
Even before the Gnox platform was formally launched, the investors in Gnox had already made a profit of more than 63 percent. According to experts, since additional gains are essentially taken into account, the price of its token will almost certainly rise over the course of the upcoming month. This is due to the fact that a significant portion of Gnox tokens bought during the presale is burned on the 12th of each month, every 30 days.
Investors have a good reason to make an investment today. All unsold tokens will be burned prior to the launch. This guarantees a fair initial public offering and unquestionably increases the token's price one more time before it is made accessible to the general public.
Gnox is currently in its third presale stage and will officially be launched on August 12, 2022.
Binance Coin (BNB)
The native token of Binance and the Binance Smart Chain is called Binance Coin (BNB). The BSC ecosystem uses it for a variety of things, including paying transaction fees. As the price of BNB reflects the overall health of the cryptocurrency market, BNB may be a profitable investment in 2022. Currently selling for $383, some analysts predict that BNB will cost $1000 by the end of the year.
One of the top decentralized exchanges, PancakeSwap, was created using the Binance Smart Chain (BSC). Its token, CAKE, helps to maintain the liquidity of the platform, and can also be staked on to earn its holders 62% APY at the time of writing.
To reach a high of $44.18 in 2021, CAKE experienced an enormous increase of almost 7000 percent. Its current price of $7.67 might offer a good entry point with plenty of room for growth
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
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