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Volatility is the price you pay for returns in the market. That’s how it works in the crypto world. With Bitcoin trading at yearly lows, several investors are cutting their losses, and very few have plans to buy the blood. Crashes bring opportunities that most ignore, and this may be the best time to build a balanced portfolio. Speaking of which, here are the top three picks with long-term potential.
With Crypto.com on a mission to encourage global crypto adoption, Cronos is the native token that powers its ecosystem. The company has invested heavily in advertising and has partnered with big names like Formula One and Staples Center. It has lowered the entry barrier for new users by moving beyond speculative trading and providing intuitive products with lucrative incentives. You can use the in-app staking feature to grow your holdings or pay for anything with the utility token. With a total value of USD 1.63b locked in DeFi, Cronos looks to be a safe long-term bet.
Gnox is a one-of-a-kind reflection project that aims to generate passive rewards for users by investing treasury funds in DeFi protocols. It takes the guesswork out of the equation for investors with a limited understanding of yield farming. The protocol will derive value from its native asset, GNOX, where each buy/sell transaction will be charged a 10% tax to support the ecosystem. This comes back as a reward for long-term holders. With future prospects looking great, the Presale has been a resounding success within a couple of weeks from its onset. Smart investors are filling up their bags before the contract launch in July.
Binance, the largest cryptocurrency exchange in the world, has its own ecosystem powered by BNB. There are multiple use cases of this token. You can pay for goods and services, pay trading fees, and participate in exclusive token sales like that of Gnox. BNB uses a real-time burning mechanism based on gas fees, and it also employs an Auto-Burn system with the objective of reducing the total supply to 100M BNB. This happens every quarter depending on the token price and the number of blocks generated on the Binance Smart Chain. Given the strong fundamentals and powerful leadership, Binance is poised to grow bigger in the near future.
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Join Presale: https://presale.gnox.io/register
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