Gnox (GNOX) KYC And Audit Are Filling Investors With Confidence. Fantom (FTM) and Polygon (MATIC) May Explode Soon

Written by: Coinpedia

August 17, 2022

According to a recent report, Gnox’s KYC and audit performed by Solidproof instill confidence in investors. According to the report, the company’s compliance with KYC and audit requirements helps to build trust with investors and gives them a sense of security. Solidproof is a market leader in digital identity and KYC solutions.

What is Gnox (GNOX)?

Gnox is a permissionless DeFi protocol that aims to change the way people invest in the decentralized world. It derives value from the community and returns it to GNOX token holders as an incentive. Funds are accumulated in a dedicated treasury through its innovative tokenomics and then invested in yield farming protocols. 

The profits from these investments are not only used to fund project development but are also distributed to token holders. This revolutionary concept has piqued the interest of DeFi experts, who believe it has the potential to be a game changer in driving mass adoption. Gnox’s strong passive income utility has piqued the interest of the crypto community, and smart investors have already begun stockpiling for exponential returns.

Fantom (FTM) and Polygon (MATIC)

Volatility has struck the cryptocurrency market, and altcoins like MATIC and FTM look poised for significant price movement.

MATIC has enjoyed impressive bullish momentum, surging nearly 13% since the start of Saturday’s trading session. The upswing allowed it to break out of an ascending triangle that developed in its four-hour chart in late July. Further buying pressure could help Polygon enter a 27% uptrend toward $1.25 based on the height of the pattern’s Y-axis.

Unlike MATIC, fantom has fallen 4.4% since the start of the trading session on Saturday. A rejection from the upper trendline of an ascending wedge developing on FTM’s four-hour chart caused the downswing. This consolidation pattern is so strong that if prices fall below the lower trendline at $0.38, a 17.5% drop to $0.32 is imminent.

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