With a DeFi Frenzy Incoming, Analysts Favour Gnox (GNOX), Uniswap (UNI) and Binance Smart Chain (BNB) as Potential Best Performers

In the past few weeks, following continuous downwards movement, Bitcoin has broken the bearish pattern and moved to the upside. This has given altcoins room to rally, and with a massive influx of capital expected within the DeFi (decentralised finance) sphere, analysts have touted three crypto projects to outperform the rest. Gnox, Uniswap, and Binance Coin are earmarked to be the best performers in the coming months.

Gnox (GNOX)

Gnox is a new addition to the BSC (Binance Smart Chain) ecosystem and one that will make DeFi earning easy. Gnox is a low-touch solution for generating yield within DeFi, guaranteeing investors a monthly stablecoin payout. Scheduled to launch in Q3 this year, Gnox is highly promising because of its protocol design and the momentum it has generated within the sphere. The GNOX token will enter its price discovery phase in bullish sentiment with no psychological levels of resistance.

Gnox features buy and sell taxes, with the project's central feature being its treasury, a capital fund that constantly grows. The treasury does the hard work for investors, earning yield within DeFi, and all investors have to do is hold GNOX. This single investment vehicle has brought simplicity to a highly complex process, and investors should expect its price action to reflect its value proposition; Gnox is a true crypto gem.  

Uniswap (UNI)

Uniswap the DEX (decentralised exchange) that paved the way and became a foundational part of the entire DeFi ecosystem. Uniswap is an automated liquidity protocol that enables greater swap efficiency through automated market makers. This did two things: it gave greater liquidity depth to the protocol and facilitated better swaps, and gave users the opportunity to earn on the protocol by depositing LP (liquidity provider) tokens.

UNI is the governance token and gives users the right to vote on proposals directing the platform's future. Currently trading at $6.89, with an ATH (All-Time High) of $44, UNI represents an excellent choice for investors.

Binance Coin (BNB)

BNB is the native token of the BSC powering the entire ecosystem. It is also the utility token of the world's greatest exchange Binance, entitling users to trading fee discounts, and can be utilised on Binance Earn to generate passive income for holders.

BNB is a true crypto success story, launched via ICO (Initial Coin Offering) in 2017 at $0.15 a token. It now trades at $255. BNB sits fifth ranked by market cap and is a crypto beast. It will continue to play a vital role in the development of the digital asset space as a whole and go on to reach new highs, making it another prime choice for investors. 

Find Out More Here:
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Website: https://Gnox.io
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