With over 17000 cryptocurrencies already in existence and the potential for more, it is safe to say that the cryptocurrency industry will continue to grow. Blockchain technology and cryptocurrency development are at the forefront of technological advancement.
If you invest in these three cryptocurrencies at the right time and hold on until they are about to burst, you could become very wealthy.
Gnox (GNOX)
While the rest of the cryptocurrency market is still cleaning up the mess, the Gnox platform is set to launch in the middle of August. Gnox will greatly benefit from having no psychological resistance levels as a newcomer because of this.
Gnox is a unique DeFi platform running on the Binance Smart Chain. It provides yield farming as a service to cryptocurrency investors. To invest in passive income opportunities like peer-to-peer lending, liquidity pooling, and staking across various DeFi platforms, a portion of all GNOX tokens is collected into a treasury. Shares of the passive income go to all Gnox owners. Daily airdrops ensure that holders’ stacks are always increasing, while monthly burns guarantee that the supply will always be deflationary.
Shiba Inu (SHIB)
Similar to DOGE, the Shiba Inu coin (SHIB) is a meme coin with a dog theme. The project team’s ongoing efforts to give the token utility, ensure a deflationary supply, and provide opportunities for passive income are significant factors in SHIB’s popularity.
The Shiba Inu ecosystem now consists of a DAO, ShibaSwap, a decentralized exchange, a metaverse community, and many other components. Similar to DOGE, SHIB has amassed a cult-like following and is anticipated to stick around for a while. SHIB is also down by about 90% from ATH.
Fantom (FTM)
Blockchains rely on Web3 programmers to create applications for the platform that can be widely adopted. Developers find Fantom (FTM) very appealing due to its open-source code, lightning-fast settlements, and extremely reasonable transaction fees. The best part is that Fantom is Ethereum compatible, making it simple for developers to create cross-platform applications without having to pay the high fees and put up with Ethereum’s poor bandwidth.
On Fantom, there are already more than 200 dApps, including several well-known DEXs, cross-chain bridges, platforms for peer-to-peer lending, yield optimizers, NFT markets, games, and wallets. FTM is regarded as being heavily oversold because it has dropped more than 95% from its ATH, making it a profitable wager.
BitTorent (BTT)
BitTorrent dominated the cryptocurrency market in 2021 and provided an ROI of over 500%. (ROI). It is one of the most dominant cryptocurrencies as a result, reaching an all-time high price of $0.000003054 on January 18, 2022, per CoinMarketCap.
BTT strengthens its ecosystem while lowering the barrier to entry for international investors. The coin is evolving, and last December, its creators launched the mainnet BitTorrent Chain. TRON, Ethereum, and the Binance Smart Chain are currently supported by BTT, and more chains are anticipated to be supported in the future.
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.
