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DeFi Market And Its Best Tokens: Gnox Token (GNOX), Cardano (ADA), And Biswap (BSW)

Written by: Coinpedia

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Coinpedia

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Jun 14, 2022

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    Everyone in the crypto world wants to know what the next big coin will be. That’s why we’ve curated a collection of the best tokens in the DeFi arena right now. While you’ve probably already heard of Cardano, the other two might be surprises. Here’s why we rate them so highly:

    GNOX Token

    GNOX is arguably the hottest new token in the DeFi world right now. Its price has already surged significantly even during its first pre-sale phase. Could this surge continue once it heads out of pre-sale and onto the main exchanges?

    GNOX solves a number of issues in the DeFi space by offering yield farming as a service, allowing holders to generate passive income without any technical knowledge (and without having to manage investments themselves).

    So by buying GNOX early, you could potentially benefit from continued price rises in the coin itself alongside long-term passive income if you continue to hold. That sounds like a win-win.

    Cardano (ADA)

    One problem Cardano addresses incredibly well in the crypto scene is the environment. Bitcoin has recently got a bit of bad press for how resources-dependent its mining process is, and questions have been asked as to whether this is good or bad for the environment. In contrast, Cardano is considered to be an environmentally green choice, and makes use of a much more efficient mining process.

    Cardano also offers users the ability to trade and make transactions with low fees, another issue with some other coins. Alongside fast transaction times, these are some of the reasons why Cardano stands out, and they’re also why Cardano is one of the biggest altcoins around right now. Some analysts predict that the coin should continue to grow in value over the medium-to-long term.

    Biswap (BSW)

    Biswap is a DEX, or decentralized exchange that helps its users swap BNB smart chain tokens. It sits well placed to capitalize on the huge growth of the entire DeFi space, and sets itself apart from many similar projects by offering extremely low trading fees of only 0.1%.

    The Biswap token, BSW, has undergone a series of huge gains before falling back down again. Current price of around $0.5 is somewhat lower than all-time highs it has experienced at least 3 times. As a relatively new token, it could be argued that it will be a while before it finds its “true” price, but speculators could see it as having huge upside. If it’s already experienced three massive booms in price in under a year, could it be suggested that another is due? Maybe the current price is a huge discount.

    We love these three tokens for good reasons, and we think you should too. They’re all crucial to the crypto ecosystem and have big potential upsides for a variety of reasons. If you haven’t already, you should check them out.

    Find Out More Here:

    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

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    Coinpedia

    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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