Gnox (GNOX), Fantom (FTM) And Polygon (MATIC) Could Explode By Mid August

Gnox (GNOX), Fantom (FTM) And Polygon (MATIC) Could Explode By Mid August

The DeFi space could witness another bull run in the coming months. The current market momentum does not show that there is another bull run in the offing. Nevertheless, the fundamental analysis of the three DeFi coins isn’t showing any sign of weakness. The three DeFi coins are Gnox, Fantom and Polygon.

Gnox (GNOX)

Gnox generates yield for its investors through its treasury. It has created a new earning strategy with the only requirement being to hold its token, GNOX. The difficult and time-consuming process of identifying long-term and profitable DeFi yields has been simplified into a single investment vehicle. 

With this, Gnox is designed to be an easy-to-use DeFi earning solution for new crypto investors, bringing meaningful DeFi interaction to a wider audience.

Analysts have been curious about the recent 63 percent price increase for Gnox during its second presale. Some even predict a third presale round to be even more successful. It will have its official launch on August 18, 2022.

Fantom (FTM)

Fantom has earned a reputation for being a high-performance, EVM-compatible L1 blockchain that was built with scalability in mind. Its mainnet, Fantom Opera, was designed to support fast transactions at competitive prices and high throughput.

Fantom has evolved into the ideal network for the deployment of dApps, DeFi protocols, metaverse projects, GameFi protocols, Non-Fungible Tokens, and other critical components.

Polygon (MATIC) 

According to a well-known cryptocurrency analyst, blockchain scaling solution Polygon is poised to rally ahead of Ethereum’s much-anticipated Merge next month.

The pseudonymous host of Coin Bureau, Guy, says in a new video update that MATIC is struggling despite many bullish developments over the last few months.

According to the analyst, MATIC is poised to rise despite its difficulties as Ethereum transitions from a proof-of-work to a proof-of-stake mechanism. Guy claims that the switch will benefit Polygon by making its scaling solutions more environmentally friendly.

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