Potential 200x Gains For Gnox (GNOX) Is Getting Investors Eager For Launch Day. Could This DeFi Newcomer Become The Next Ethereum (ETH)?
Smart investment is all about achieving a mix of long-term and short-term gains. In the crypto world, there are coins that offer potential 200x gains.
However, selecting those coins and tokens that provide a short-term yield can be challenging. In this article, we have explained why investors are getting eager for the launch day of Gnox, a new entrant in the DeFi market. Many crypto enthusiasts are asking: Could Gnox become the next Ethereum?
Ethereum (ETH) is the biggest pre-sale success story
Ethereum‘s market value has grown exponentially since its public launch in 2015. At the time of writing, it is the second-largest cryptocurrency by market value.
Ethereum’s success is due in part to its unique purpose. Unlike Bitcoin, which was designed primarily as a store of value, Ethereum was built to enable decentralized applications (dApps). This has made it popular with developers and helped drive adoption. As dApp usage increases, so too does the demand for ETH. This feedback loop has been a major contributing factor to Ethereum’s success.
Ethereum showed its historical floor price in October 2015, approximately seven years ago. Compared to its current price, ETH, which is 468,345 percent cheaper, was traded at $ 0.4209 at that time.
In addition to all these, when calculated according to the current transaction value, the coin has brought 69530% profit to its first-term investors.
Gnox (GNOX) could be the next Ethereum
Analysts predict Gnox’s passive income utility will entice more crypto investors. Gnox has already received widespread attention from the crypto community due to its groundbreaking presale performance and impressive business fundamentals.
Gnox is a DeFi-earning solution that has gained traction in the market for being easy to use, making it ideal for newcomers in the investment space.
This coin is yet to be launched, but it has been demonstrating an upward trend in its pre-sale price since having a 52% increase last May and a further jump to 60% in recent days.
This pattern provides an opportunity to achieve gains before Gnox launches in July 2022. With its strong pre-sale gains, this token is suitable not only for private investors but also for institutional investors.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register