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Gnox (GNOX) Presale Expected To Be Sold Out By Mid-August. Ethereum (ETH), And Cardano (ADA) Spike In Price

Gnox (GNOX) Presale Expected To Be Sold Out By Mid-August. Ethereum (ETH), And Cardano (ADA) Spike In Price

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ETH and ADA Price Spiking On Upcoming Renovations

Both Ethereum (ETH) and Cardano (ADA) have been spiking as of late as crypto investors anticipate milestones such as Ethereum's “merge” which will finally take the blockchain off of proof-of-work and onto a proof-of-stake accounting mechanism. 

The merge is expected to reduce the amount of energy needed to run the blockchain by 99% while speeding up transactions. It won’t however, have much of an effect on the gas prices as they are solely based on network usage which is expected to only go up. ETH is currently priced at over $1500 and has risen more than 60% in the past couple of weeks. 

Cardano is on the verge of launching Vasil on its mainnet — the most important milestone in 2022. According to developers IOG, Vasil will offer Cardano platforms “significant performance and capability upgrades” and a better experience overall. ADA is selling at around 50 cents at the time of writing and has recently seen a 30% surge in price. 

Gnox (GNOX) Presale Is On Fire

Gnox Token (GNOX) is now in Round 3 of its private, pre-launch token offering. The presale was divided into three phases with a certain amount of tokens allotted to each phase. At the end of each round, all unsold tokens are burned, thus raising the price for the next round. 

However, things didn’t go as expected. Round 2 actually sold out with days. The third phase runs until August 12th and is also expected to sell out. So if you want in on GNOX, now is the time. 

But what is the Gnox platform and why is it on fire before the platform has even launched. GNOX is the first DeFi token to have a real shot at mass adoption. 

Right now, if crypto investors want to build a diversified portfolio of assets, they have to go to do all of the research and then open an account on an exchange and buy the assets piecemeal. Furthermore, if you want to earn any passive income on the assets you have to learn the ropes of DeFi platforms that offer staking, lending, and pooling opportunities. It’s a lot of work and most people end up not getting the results they’re hoping for.

GNOX changes all that. All you have to do to be invested in a diversified portfolio of crypto assets is buy and hold the GNOX token. Done. A team of professionals does all of the heavy lifting. 

You can think of GNOX as you might think of an ETF that gives you exposure to a basket of stocks. However, GNOX takes it a step further and offers ongoing passive income to all holders. 

The GNOX treasury (which is funded by a royalty on token sales) will be invested in top cryptocurrencies that offer passive income opportunities across several platforms and blockchains. The revenue will then be used to buy back and burn GNOX tokens on a monthly basis thus constantly reducing the supply. 

Moreover, a 1% royalty on all aftermarket sales will be airdropped back to all GNOX holders every hour. This means you can sit back and watch your stack grow throughout the day. This, on top of a constantly growing treasury that produces more and more passive income provides great incentive to get in as early as possible and hold for the long haul in order to create generational wealth.

You can get in on the presale and learn more about GNOX on the Gnox.io website.

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 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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