Pre-Sale Sale Sparks Whispers Gnox (GNOX) Will Outpace Bitcoin (BTC) and Ethereum (ETH) Gains

A new cryptocurrency called “Gnox” could surpass Bitcoin and Ethereum, according to industry experts. Gnox is a government-backed token. That is, the token reflects ownership in the treasury. Treasury is funded by a 10% royalty on all its token aftermarket sales. That means every time someone buys its token, the treasury grows. It doesn’t matter which way the market goes.

With its strong passive income tool, Gnox is already gaining traction with whales from the top cryptocurrencies and its popularity is expected to continue to grow.

Bitcoin (BTC) and Ethereum (ETH)

Bitcoin’s price faces strong resistance near the USD 23,500 level. It is currently trading (03:51 UTC) near USD 23,300 and is up over 1% in a day and is unchanged in a week.

Likewise, the most popular altcoin is attempting another surge. ETH moved above USD 1700 and could accelerate if it clears USD 1740.

Ether, Ethereum’s native token, continues its rally against Bitcoin as euphoria around the upcoming network upgrade, “the Merge”, grows.

Meanwhile, technicians paint a brighter picture for Ethereum against the US dollar. The potential for a 10% breakout for ETH/USD looks strong in August due to a classic bullish reversal pattern.

What is GNOX (GNOX)?

Gnox, a protocol currently in its third pre-sale phase, is oblivious to the volatile market and is selling out quickly, registering a 63% price increase in recent weeks. The pre-sale has received a lot of attention from the market, and some crypto analysts say it has the chance to surpass Bitcoin and Ethereum’s growth in recent weeks.

Gnox is the first protocol to offer yield farming as a service, making DeFi investments more accessible and easy. Gnox accelerates this process through its treasury, which is used in DeFi protocols on behalf of the investor.

Gnox is the first investment tool to fully integrate DeFi investment science. Token holders are entitled to receive a stablecoin reflection every 30 days, which has proven to be a well-liked source of passive income among investors.

Gnox will have its official launch on August 18, 2022.

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