Investors are bullish on Gnox (GNOX), Bitcoin (BTC) and Aave (AAVE) in mid-August
Crypto investors witnessed history recently when BlackRock, the world’s largest asset manager, announced that it had partnered with Coinbase to provide access to Bitcoin for institutional investors. BlackRock manages more than $10 trillion in assets, and this partnership is evidence of continued interest from institutional investors in gaining exposure to Bitcoin. This moment will become a pivotal point in crypto history and could change the landscape forever.
August has no FOMC meeting, and after a decline in annualized inflation rates in July, everything points to a bright month for higher-risk assets. The entire digital resource area should appreciate well. Especially Gnox (GNOX), Bitcoin (BTC) and Aave (AAVE). All of which show bullish indicators and are designated as the best performers.
Gnox (GNOX)
Gnox will launch on BSC (Binance Smart Chain) in less than a week. Early investors are anxiously awaiting this moment, and judging by the community’s reactions, the launch price may be the last decent entry point. Gnox has sold out its ICO (Initial Coin Offering), and it’s easy to see why; Gnox makes DeFi (decentralized finance) earning easy. Yield farming has been controlled by a relatively small percentage of crypto holders, and the developers at Gnox are changing this.
Gnox implements purchase and sale taxes to build a treasury fund that serves investors. Every month, all generated returns will be exchanged to stablecoin and shared between GNOX holders. This simple, low-touch investment vehicle provides exposure to the fastest growing financial sphere and guarantees a monthly income.
Bitcoin (BTC)
Bitcoin dropped to $17,800 on June 18, marking a 75% retracement from the ATH (All-Time High) of $69,000 in November. This is the typical level of retracement seen in previous cycles and the probability suggests that this was the macro bottom.
With BlackRock showing public interest in the asset, this may be the last opportunity for ordinary investors to accumulate a significant stack of BTC. Currently, BTC is trading in a band between $23,000 and $25,000, and investors should not miss this opportunity to accumulate.
Aave (AAVE)
AAVE is the token of the DeFi giant Aave. With more than $7.5 billion locked in its smart contracts and a 35% increase in TVL (Total Value Locked) in the last month, the Aave protocol is setting the pace in DeFi.
The fate of the AAVE token is inextricably linked to the success of Aave, and given how the protocol is performing, AAVE is set to have an explosive August and great run in the following months. Now trading at $111, AAVE is expected to tackle $150 very soon before facing a critical resistance level of $200. But that resistance still means a 2X for investors buying at the current price.
Find out more here:
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
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