Global Crypto Market

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Gnox Token (GNOX), Cardano (ADA) and Fantom (FTM) are Here to Fix Your Troublesome Portfolio – Cryptonews

Disclaimer: The text below is an advertorial article that was not written by journalists.
If your portfolio has taken a hit in recent weeks, you’re not alone. Vast swathes of a crypto market have taken a hit recently, from marquee coins like Bitcoin and ETH all the way down to hundreds of different altcoins. If you’re looking to get rich quick, crypto might not be the answer. But crypto is the answer if you’re looking for innovative projects, passive income, and a big potential upside.
That’s why now might be the time to invest in some unique projects, and you could even be getting their token at a discount compared to just a few months ago. If you believe in the project, all you have to do is hold… Rather than worry about daily fluctuations.
Gnox token is part of the Gnox protocol which aims to help regular investors earn real passive income from DeFi investing strategies, even if they don’t have the expertise to do so themselves. Let’s face it, newcomers to crypto don’t know or understand how liquidity pooling, loaning protocols and staking work (even some crypto veterans don’t), but they still want to enjoy the benefits they bring. Most notably: passive income. With Gnox, they can.
By levying a 10% transaction tax on every Gnox token bought and sold, the platform steadily builds a treasury of funds alongside helping market the platform and solidifying a stable floor price. This means that holders of GNOX get 1% of transaction costs redistributed to them every 60 minutes as well as a share of the treasury’s investment profits every month. They also get to vote on how the treasury invests its funds.
Currently entering pre-sale, Gnox could be a great addition to your portfolio. Not only is the upside huge for GNOX, it’ll also earn you real passive income without any of the complications associated with other DeFi staking options.
Cardano has been around for a while, and although the current price of around USD 0.58 is somewhat lower than its all-time high in August 2021 of USD 2.85, some analysts suggest now could be the time to buy the dip.
If there’s one thing Cardano has shown over the years: Staying power. Having launched in 2017, Cardano is basically old-school when it comes to the crypto world. And while its price may have suffered recently (as many other cryptos have), it isn’t going away.
Fantom is a smart contract platform supported by its own token, FTM, which allows holders to vote on key decisions regarding the protocol. Fantom aims to bring investors into crypto while offering them everything they need in one place, with access to low transaction fees and a range of other unique features.
FTM has already experienced huge gains, having surged in price over 10,000%. While things have declined a bit since then (in line with the overall bear market), many investors are wondering if it could be about to surge once again. If you think it might, then it could be a useful addition to your crypto portfolio.
Simply sitting back and counting the gains to your crypto portfolio used to be easy back when everything was just going up. But the real skill is in creating a portfolio that might stand the test of time. That’s why these tokens could be the right long-term holds that are predicted to outlive the current bear market.
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