Experts: Only A Few Cryptos Made Profits During This Bear Market; Gnox (GNOX), Solana (SOL), And Elrond (EGLD). Find Out Why Crypto-News

Gnox (GNOX)

If you’re looking for a digital currency that will generate earnings even during a bear market, look no further than GNOX. Its low fees, high scalability, and quick transfer speeds are the perfect choice for investors. GNOX Protocol is the first reflection token using yield farming as a service. Gnox holders invest in treasury funds that are used to fund the Gnox liquidity pool. Each $GNOX sale is applied by a 10% tax, part of which, more precisely, 1%, redistributes to the $GNOX holders, meaning 1% of all thousands of Gnox transactions that occur every 60 minutes gets back to the holders. This mechanism has guaranteed Gnox’s success during the current harsh market sentiment.

More importantly, all these complicated DeFi procedures are automated. Gnox’s yield farming aggregator collects data and generates returns automatically for the holders, making the whole DeFi experience faster and easier for novice and seasoned traders.

We already saw $GNOX’s 60% price surge (current price $0.016/GNOX), exactly when all the major cryptos were struggling and dropping below the bottoms, giving us hope for the token’s big potential.

Currently, Gnox is in the second presale phase, which will end on July 12 with a massive token burn event, meaning we should expect a higher price in the third presale.

The final launch of Gnox on PancakeSwap is scheduled for August 18, and more exciting updates are yet to come.

Solana (SOL)

Solana is a high-performance blockchain that uses a new consensus algorithm called Proof of History. Solana is scalable, with the ability to process up to 65,000 transactions per second.

The Solana team has continued to progress on the platform during the bear market, with several new features and partnerships being announced. This has helped keep Solana’s price stable during the bear market, and the project is well-positioned for growth.

Elrond (EGLD)

What’s driving Elrond’s outperformance? For one, the project has been laser-focused on execution, consistently delivering on its roadmap while rapidly expanding its ecosystem. Moreover, Elrond is now live on the Mainnet and boasts a growing network of over 5,500 nodes.

The team has also launched several vital applications on its platform, including a digital wallet, a native exchange, and a staking portal. Another critical factor is Elrond’s unique architecture, which enables it to process unprecedented transactions per second (TPS). Whereas most blockchains are limited to around 10-20 TPS, Elrond can theoretically scale up to billions of TPS. This makes it ideal for high-pressure environments like gaming and DeFi, which are currently two of the hottest trends in crypto. The unique mechanism has pushed Elrond’s price even during the bear market. So if you’re searching for crypto still in the green, Elrond (EGLD) is worth a closer look.

Final Thoughts

If you’re looking for digital assets with solid teams, strong backing, and fundamentals, then check out GNOX, SOL, and EGLD. Newcomer GNOX sets new standards in tokenomics and DeFi, making an attractive altcoin for hundreds of new investors every day, sending signals that bulls are on the way!