Gnox, a decentralized finance platform, has added $50,000 in start-up capital to its treasury. The move comes as Gnox looks to bolster its position in the burgeoning DeFi space. The $50,000 will be used to help Gnox invest in more high-yield opportunities that will generate passive income for its token holders.
Gnox is one of the leading platforms looking to capitalize on the growing DeFi space. With its massive price surge in recent months, it has outpaced crypto giants including Solana, Bitcoin, and XRP.
Solana (SOL), Bitcoin (BTC), and Xrp (XRP)
Solana’s price rallied by approximately 75% two months after bottoming out locally near $25.75, but the token’s splendid upside move is at risk of a complete wipeout due to an ominous bearish technical indicator.
Solana’s extremely eerie bearish setup appears as it closely tails trends across risk-on markets, mainly driven by the Federal Reserve’s hawkish response to inflationary pressures.
Now, let’s talk about Bitcoin. On July 18, Bitcoin broke out from a descending resistance line that had been in place since the end of March. The reaction after the breakout was relatively weak — Bitcoin failed to even reach the 0.382 Fib retracement resistance level at $29,370.
Док је БТЦ достигао локални максимум од 25,211 долара 15. августа, створио је дугачак горњи фитиљ (црвена икона) и од тада углавном пада.
For a significant number of trading sessions, the XRP price has been consolidating between $0.30 and $0.37. Over the last 24 hours, the altcoin has managed to hover around the same price mark without losing its market value. XRP has lost 2% of its value in the last week.
Гнок (ГНОКС)
Гнок has completed three extremely successful presale rounds and is launching with tremendous momentum. Gnox offers a single investment vehicle that allows investors to gain exposure to the highly capitalized and rapidly evolving DeFi sphere.
Every month, investors will receive a stablecoin reflection generated by the treasury, which will do the heavy lifting for them. The treasury fund is built up through the application of buy and sell taxes. Gnox’s treasury was designed to grow over time, increasing its revenue-generating capabilities.
Their team has added an additional $50,000 to its treasury as it plans to ensure that they meet its promises to its investors and stay ahead of the competition.
Сазнајте више о Гнок-у:
Сајт: https://gnox.io
телеграм: https://t.me/gnoxfinancial
Дискорд: https://discord.com/invite/mnWbweQRJB
Твиттер: https://twitter.com/gnox_io
инстаграм: https://www.instagram.com/gnox.io
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Source: https://cryptodaily.co.uk/2022/08/gnox-gnox-adds-50000-in-start-up-capital-to-defi-treasury-outpacing-solana-sol-bitcoin-btc-and-xrp-xrp