Though we’re in a bear market now, the bulls always come back around. And when they do, once again, savvy altcoin investors will see life-changing gains. Here are three altcoins to keep an eye on as the markets await the winds of change.
Algorand (ALGO)
Algorand could provide enormous gains when the bull market comes back around. This is because the network is so scalable that it has the potential to power the entire financial market. With incredibly high transaction speeds of over 1,000 per second, Algorand is becoming very popular among developers and in DeFi circles.
The ALGO coin currently trades around 30 cents. Its all-time high was ten times that at $3. It’s very possible that ALGO could surpass $3 again in the next few years offering investors a nice 10X return on their investment.
VeChain (VET)
VeChain’s superpower is that it was custom built to manage supply chain logistics. The network offers businesses high efficiency, traceability, and transparency. VeChain’s appeals to a wide variety of clients and industries. This versatile enterprise-grade L1 smart contract platform has the potential to disrupt any and all traditional business models.
Like ALGO, VET is down around 90% from its all-time high. Currently trading at about two-and-a-half cents, VET, too, could pull a 10X in the next few years.
Gnox Token (GNOX)
Gnox Token has just one superpower. But it’s a good one. And it could lead this new type of DeFi platform to explosive adoption. It’s called “yield farming as a service.” The Gnox platform offers crypto investors something they’ve been craving for a long time — simplicity.
Let’s face it. If you’re not an experienced DeFi investor, then you face a steep learning curve to really understand how it all works. Now, however, all investors have to do to earn passive income on their crypto to simply buy and hold GNOX tokens.
Funds from the Gnox treasury are invested in a diversified basket of passive income opportunities such as staking, lending, and liquidity platforms. Unlike other DeFi platforms, there are no winners and losers. All GNOX holders share proportionally in the profits.
The treasury is funded by a royalty on all aftermarket sales of GNOX tokens. Each time someone buys/sells GNOX, the treasury grows larger. This is regardless of which direction the market is headed. And the larger it grows, the more passive income it produces.
The Gnox platform is currently in ICO mode and is scheduled to launch in mid-August. Investors who want to get in on this ICO should do so quickly because monthly pre-sale burns assure that early investors see gains before the platform even launches. The earliest investors have already seen their value grow by more than 60%.
Also, any unsold tokens will be burned creating a fair launch and further increasing the spot price of the token before it hits the open market. Grab that bull by the horns.
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 paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.