The FED has spoken, and collectively the markets have breathed a sigh of relief. Jerome Powell has outlined that the most recent rate hike of 75 basis points will be the last extreme rate hike. His tone struck investors as dovish, signalling the start of a move away from controlling inflation and towards economic stimulation in the coming months.
The Dow Jones Industrial Average saw its largest single-day leap since 2009, and the bearish market sentiment is reversing. The current state of the market represents an enormous opportunity for investors, and experts have touted Gnox (GNOX), Kava (KAVA), and Gnosis (GNO) to see explosive growth shortly.
Gnox will be a new addition to the BSC (Binance Smart Chain) ecosystem and is slated to launch in Q3 this year. Gnox has built strong momentum amongst the crypto community and sold out its second presale stage. Entering its third and final presale phase the token’s launch grows closer. Set to revolutionise DeFi (decentralised finance) earnings and bring the profits of DeFi yields to ordinary crypto investors. This project distils the complex process of earning within DeFi into a single investment vehicle.
GNOX token holders will receive a monthly stablecoin reflection provided by the protocol’s treasury which is the first of its kind, built to earn for investors. Funded by buy and sell taxes, the treasury has been hard built to grow with time and thus deliver greater payouts to investors. As investors begin to receive these stablecoin payouts, the price of GNOX is expected to move sharply to the upside.
The Kava protocol is another project within the space garnering massive amounts of attention, introducing a new build type dubbed co-chain architecture. The Kava network combines the best of the Ethereum network and the Cosmos network. Powered by its Tendermint Consensus Engine, Kava incorporates the Ethereum ecosystem’s richness and the Cosmos ecosystem’s interoperability. This ultra scalable layer one protocol also offers a decentralised lending protocol. Thanks to its co-chain architecture, investors can borrow tokens not available on other lending platforms.
KAVA trades at $1.87 and is slowly battling its way up through the ranks, currently resting at eighty-seventh ranked by market cap. As more and more users continue to join the network, Kava easily has the potential to break into the top twenty-five.
Gnosis focuses on building infrastructure to improve DeFi. It offers three central functions for investors; to mint conditional tokens to speculate on real-world events, to provide better swap efficiency for traders through batch auctions, and offers the 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 genuinely ready to explode in value. GNO currently trades at $156, which is likely the investor’s last chance to buy this quality crypto at a discount.
Find Out More Here:
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