“Bitcoin Is Dead” Is Trending Across Social Networks, while Top BSC Projects, Gnox (GNOX), Binance Coin (BNB), and Uniswap (UNI) Continue to Gain Investors
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Some people think it’s all over for Bitcoin. Having dropped in value massively in recent weeks, panic is starting to spread across the market. And for a crypto that mostly got “big” because of sentiment and gaining mainstream retail attention rather than actually having the best crypto fundamentals, nobody really knows how low the bottom could be.
However, it isn’t necessarily completely over for Bitcoin – but that also doesn’t mean the future is with $100k BTC. After a series of dips, BTC has stabilized around $20k per coin. Is this consolidation setting it up for further gains, or will it continue to go lower? The jury is still out.
But there’s one thing for sure in the crypto world: just because BTC is struggling, that doesn’t necessarily spell disaster for the entire crypto space. There are other projects that have solid backgrounds and have actually been performing well. Maybe BTC was the first and biggest coin, but that doesn’t mean it’s the future of crypto. Let’s have a look at some top BSC (Binance Smart Chain) projects that many people are deciding to move their BTC holdings into for good reason:
Gnox (GNOX)
Gnox is probably one of the best new projects we’ve seen in the crypto world for some time. And despite overall market conditions, it’s still performing extremely well, up over 60% in the last few weeks while still during pre-sale. And GNOX is still available at a discount in pre-sale, so now could be the time to buy.
And people are talking about GNOX not just because of recent price rises—but also because it’s an incredibly solid project that answers key issues in the crypto world. By giving GNOX holders access to Yield Farming as a Service, they get real passive income benefits from DeFi without having to manage investments themselves. This simplifies the whole process for those who just want passive returns but don’t understand how DeFi investment strategies often work. That’s why GNOX is perfectly placed to bridge the gap into the mainstream investment world and attract more regular investors to the benefits of DeFi.
Binance Coin (BNB)
BNB is another great option for regular investors who want to start earning passive income from their holdings. With the recent launch of BNB Vault, holders get to stake BNB at the click of a button and without many of the other complications that are often associated with such strategies. BNB (Binance Coin) is the main native token on the Binance Exchange and offers holders a range of benefits when holding. It’s another we think has got a great future.
Uniswap (UNI)
Uniswap is the flagship token-swapping platform in the crypto world, and is backed by its own native token, UNI. As more people start to realize the upsides associated with token swapping as they start to understand more about crypto, Uniswap is perfectly placed. It could grow even more and is the perfect next step for those who want a bit more control of their holdings and the ability to swap tokens between different chains.
Uniswap, GNOX and BNB are all great options for your portfolio right now, and they’ve got the crypto world talking even when Bitcoin is struggling.
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