In a week where over 90% of the top 100 Cryptos by market cap are down, we were given a glimmer of hope by newcomer Gorilix (SILVA) which began its presale amid the storm in early June 2022 to positive reviews and a strong reaction from the public with x amount of tokens sold driving the price up 7%. For comparison, in the same period, crypto staple Bitcoin dropped -24.29%,and Cardano, one of the most popular coins in recent times, also suffered a-15.87% loss.
With losses spreading far and wide, many crypto enthusiasts and analysts have decided to move their money from these coins and split them between smaller high potential coins and stable coins to balance their portfolio and capitalise on the gains. SILVA has proved popular for a few reasons, one being the use case of the GorilixDefi platform, which uses SILVAasits native token. GorilixDefi gives its customers the power to essentially be their own crypto bank by saving, lending and borrowing crypto via the decentralised platform. Upon launch, you’ll be able to invest in Ethereum-based tokens, including custom ERC20 tokens, by lending them to other customers through the platform. This is a fascinating prospect for customers as it will allow them to utilise all aspects of their crypto portfolios, including any tokens they believe to be under or over-valued, whilst earning interest. Interest earned will be paid in SILVA tokens through the GorilixDefi platform. The yield on tokens can be as high as 20%.
Whilst things are looking promising and stable for SILVA, the Cardano (ADA) rollercoaster isstill in full flow,bouncing back9.4% after a -23.2% drop in the 24 hours before. The turbulent price journey of Cardano is one of the things that has led some to trade it in to purchase SILVA tokens which we expect will continue to go from strength to strength during the presale whilst demand increases for the token.
The SILVA token is currently available on presale exclusively from Gorilix.io.
The Gorilix roadmap looks exciting. After the token IDO launch on UniSwap, the Gorilix NFT marketplace will be launched alongside its flagship SILVA Kong NFT collection, consisting of 1950 different NFTs split into four categories. Within the collections, there will be 1250 NFTs available exclusively via the Gorilix NFT platform launching with a floor price of 0.1 ETH (approx. $122).
These exciting prospects have caused the Gorilix (SILVA) project to be received so well. Whilst Bitcoin and Cardano have had their recent struggles; it is fair to say that diversifying your crypto portfolio to include high-growth tokens such as SILVA can help balance or even increase the overall value of your portfolio during this time.
To buy your SILVA tokens, visit Gorilix.io.
To register for the presale: https://cabinet.gorilix.io/sign-up
To join the Telegram, Twitter & Instagram: https://linktr.ee/Gorilix
