The FED spoke and the markets collectively breathed a sigh of relief. Jerome Powell said the latest rate hike of 75 basis points would be the last extreme rate hike. His tone struck investors as redundant, signaling the start of a move away from inflation control and toward economic stimulus in the coming months.
The Dow Jones industrial average posted its biggest one-day jump since 2009 and volatile market sentiment is reversing. The current state of the market represents a huge opportunity for investors and experts have touted Gnox (GNOX), Kava (KAVA) and Gnosis (GNO) to see explosive growth soon.
Gnox (GNOX)
Gnox will be a new addition to the BSC (Binance Smart Chain) ecosystem and is set to launch in the third quarter of this year. Gnox has built strong momentum in the crypto community and sold out its second presale stage. Entering the third and final phase of the presale, the token launch is getting closer and closer. You want to revolutionize DeFi earnings (decentralized finance) and bring the earnings of DeFi returns to ordinary crypto investors. This project distills the complex earning process within DeFi into a single investment vehicle.
GNOX token holders will receive a monthly stablecoin reflection provided by the protocol fund, which is the first of its kind, built for investors to earn. Funded by purchase and sale taxes, the treasury is hard-wired to grow over time and thus offer larger payouts to investors. As investors begin to receive these stablecoin payouts, the price of GNOX is expected to move sharply upwards.
KAVA
The Kava protocol is another project in the space that is garnering huge attention, introducing a new compiled chain co-chain architecture. The Kava network combines the best of the Ethereum network and the Cosmos network. Powered by the Tendermint Consensus Engine, Kava integrates the richness of the Ethereum ecosystem and the interoperability of the Cosmos ecosystem. This highly scalable single-layer protocol also offers a decentralized lending protocol. Thanks to the co-chain architecture, investors can borrow tokens that are not available on other lending platforms.
KAVA is trading at $1.87 and is slowly fighting its way up the ranks, currently ranked eighty-seventh by market capitalization. As more and more users continue to join the network, Kava easily has the potential to break into the top twenty five.
Knowledge (GNO)
Gnosis focuses on building infrastructure to improve DeFi. It offers three central functions for investors. conditionally mint tokens to speculate on real-world events, provide better exchange efficiency for traders through batch auctions, and offer Gnosis Safe, the safest place to store assets on the Ethereum blockchain.
Gnosis is one of the most exciting projects in the digital asset space and one that is truly poised to explode in value. GNO is currently trading at $156, which is likely an investor’s last chance to buy this quality crypto at a discount.
Learn more here:
Sign up for the Pre-Sale: 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
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment or financial advice
