Warning! Gnox (GNOX), Bitcoin (BTC) And Fantom (FTM) Bullish Movement In Late August Confirmed

Warning! Gnox (GNOX), Bitcoin (BTC) And Fantom (FTM) Bullish Movement In Late August Confirmed

The market is seeing a lot of bullish activity in the last few days of August and this is being led by Gnox, Bitcoin and Fantom. All three of these digital assets have seen significant gains in the last week, and crypto experts believe this is set to continue in the coming days.

Gnox (GNOX)

Gnox has been one of the biggest gainers in the past few months, rising by more than 60%. The reasons for the steady surge in Gnox's price are its strong passive income utility and business model. In addition, its official launch has been highly anticipated by the Gnox community and has finally arrived. The launch has been successful and has seen a lot of positive reactions from investors.

Gnox, the first reflection token ever created, provides a service for farming yields. Its token is a single investment vehicle that exposes investors to DeFi and the yields found within the sphere.

Bitcoin (BTC) 

Bitcoin, the world's largest digital asset by market capitalization, has also seen a lot of bullish activity in recent days. The price of Bitcoin has risen by over 5% in the last week and is now trading at around $24,500 at the time of writing. This is a big increase from the $18,500 level that Bitcoin was trading at just a few weeks ago. The reason for Bitcoin's surge is the increasing demand for digital assets from institutional investors.

Fantom (FTM)

Fantom was also posting double-digit gains, up 13.82% at $0.41 at the time of writing. This follows partly because Binance launched FTM Locked Staking with up to 18.70% rewards for users.

Fantom is another rapidly growing DeFi project that was created to compete with Ethereum. Fantom was created to address the problems associated with other cryptocurrencies, such as slow transaction speeds and high fees. It can process up to 30,000 transactions per second, whereas Ethereum can only process about 15 per second. Fantom intends to accomplish this in part through their "Opera" mainnet.

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