Finding Quality Projects Is Stressful. Here Are Three Potential x25 gems: Gnox (GNOX), CurveDAO (CRV), and BitDAO (BIT)

The post Finding Quality Projects Is Stressful. Here Are Three Potential x25 gems: Gnox (GNOX), CurveDAO (CRV), and BitDAO (BIT) appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptocurrency market has witnessed growth over the past few years. Finding the best crypto gems and investing in them before they explode has become a profitable business model for many investors.

All of that havoc, whether you are going through a bull market or a bear market, happens within your trading portfolio, so you really need to be very wise about it. To add those coins to your portfolio as soon as you spot an opportunity, you need to know which coins could pump next or which coins have the best short-term potential.

Below are the top three projects that could multiply 25 times by the end of 2022.

Gnox (GNOX)

Gnox has long-term fundamentals that the cryptocurrency world has been clamoring for, in addition to its potential for short-term price growth. Regular investors can easily access lucrative passive income yields with the platform’s novel Yield Farming as a Service (YFAAS), all without the need for prior crypto or DeFi experience.

DeFi yields have been around for a while—but only for experienced users. For regular investors who simply want a good return on their investment without any hassles, this has long been a barrier to entry. They get all of that and more with Gnox, which offers investors straightforward returns on their investments and high yields.

Gnox operates by adding a sales tax to each and every transaction. After that, the sales tax is divided up, but the majority of it is placed in their special fund treasury. These funds are subsequently invested in a variety of cryptocurrencies in projects with varying degrees of risk. It is a genuinely democratic system because holders vote on the level of risk they are willing to accept. 

But more importantly, they are relieved of the responsibility of investment management. Due to this, Gnox holders receive real passive income as opposed to only semi-passive income. It is entirely automated. And it might be important for popularizing DeFi investment.

CurveDAO (CRV)

This project, which is based on Ethereum, enables direct trading between users of different cryptocurrencies. The platform uses liquidity pools and other similar mechanisms to execute transactions quickly for relatively low service fees.

CRV’s value has increased 57.2 percent over the last 30 days. According to DeFi Llama data, Curve Finance has $5.94 billion in assets and is the fifth-largest DeFi protocol by total value locked.

Decentralized protocols like Curve Finance have benefited from the demise of numerous centralized exchanges and crypto lending platforms because users may gradually migrate to these solutions due to their decentralized and permissionless nature. This could be the reason why the value of each token is increasing.

BitDAO (BIT)

Aiming to create its own wholly decentralized cryptocurrency investment platform, BitDAO is a bold project. One of the biggest and most well-known DAOs in the world, BitDAO is entirely run by BIT holders.

Behind BitDAO are a number of well-known figures, including Peter Thiel, the co-founder of PayPal, Bybit, and numerous others.

With its R&D fund, BitDAO aids in the creation of platforms devoted to DeFi, DAOs, NFTs, and gaming. They did this in exchange for platform-related assets. The objective is to assemble a priceless treasury of assets.

A true test of whether or not a DAO can achieve triple-digit returns will be BitDAO.

Learn more about Gnox:

Join Presale: 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

Instagram: https://www.instagram.com/gnox.io

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