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Bull market is the opposite of bear market. They show a short-term uptrend. As a result, investor optimism is often present in the market, as price expectations rise.
Investors are more confident during bull markets because they often expect reliable results to continue for long periods of time (although it is difficult to predict trends consistently).
Although complicated, taking advantage of the bear market can be useful for many investors if they invest in a selection of high quality cryptos. And analysts predict that the following tokens should be considered a worthwhile investment.
Gnox (GNOX)
Gnox is a DeFi utility token that has gained popularity recently. Due to its “yield farming as a service” feature, Gnox is sure to attract new investors and those who don’t have time to do their own research. All you have to do to continue earning passive income is to continue buying Gnox tokens.
Part of the proceeds from the aftermarket sale of Gnox tokens is placed in the treasury. To spread risk and generate passive income, a team of experienced DeFi analysts invest community treasury funds into various crop farming platforms. Profits are collected and then returned to Gnox owners through various mechanisms, such as burns and airdrops.
The total amount of assets invested in Treasuries will increase, generating passive income that continues to grow as Treasuries are funded by royalties on aftermarket sales.
In mid-August, the platform will make its official debut. But until August 12, Gnox is now on presale. Early buyers will be able to profit before the platform is launched due to the monthly burn. Additionally, after the presale ends, all unsold tokens will be burned, increasing the price of tokens again.
Binance Coin (BNB)
Changpeng Zhao founded the cryptocurrency trading platform Binance. When increased Chinese regulation threatened the company’s operations, it left China and moved to the Cayman Islands.
With a large list of trading pairs and relatively low fees when compared to competing platforms, Binance is quickly becoming one of, if not, the largest cryptocurrency trading platform in the world. Although it has since added many KYC steps, the site’s initial lack of KYC (know your customer) restrictions has also attracted some.
Phantom (FTM)
Indeed, Fantom has earned a reputation as a high-performance EVM-compatible L1 blockchain built with scalability in mind. The mainnet, called Fantom Opera, is designed to support fast transactions at a reasonable price with significant throughput.
Fantom becomes the ideal network for using dApps, DeFi protocols, metaverse projects, GameFi protocols, Non-Fungible Tokens, and more while not sacrificing security or other important elements in the process.
Learn more about Gnox:
Join the 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
