The crypto industry has flourished quicker, with new projects exceeding limits. Meanwhile, the constant growth and development mean you can find lucrative projects with 100X potential. For instance, Shiba Inu (SHIB) and Solana (SOL) presented staggering returns throughout 2021. These assets made many millionaires, and this content analyzes a new cryptocurrency project that might kick-start the next millionaire wave – Gnox (GNOX).
Gnox is a new protocol to join the Binance Smart Chain and is ready to dominate the decentralized finance (DeFi) earnings. Interacting with DeFi seems complicated due to fraudulent activities within the marketplace. Nevertheless, it’s a lucrative money-making option as a crypto investor. Gnox introduces the capability to earn via DeFi by bringing GNOX, its investment vehicle.
The Millionaire Potential
Gnox is massively underpriced at the moment. The market is yet to factor in the asset’s residual income, making Gnox a gem in the crypto space. The protocol offers its investors monthly stablecoin payouts via deploying the network’s treasury in battle-tested DeFi platforms. Meanwhile, buy & sell taxes fund the treasury and will accumulate with time, translating to surged payouts. GNOX price will explode once the market understands the project’s income opportunity.
Solana platform joined the market in March 2020, with SOL’s public auction price at $0.22 during the month. Solana developers wanted to introduce the quickest blockchain. Meanwhile, they appeared to have achieved the goal as Solana is the fastest or one of the swiftest networks within the cryptocurrency market.
Solana boasts high scalability and can handle massive participants. SOL saw enormous surges in 2021, hitting the $260 peak in November last year. Selling at peak would see investors that spent $850 during the public auction fetching over $1,000,000.
Shiba Inu (SHIB)
Shiba Inu attracted investors due to its utility, substituting the original meme coin, Dogecoin. It has more versatility than Dogecoin as it can run dApps and boast ‘smart’ contract capabilities. Moreover, it has ShibaSwap as its exchange. SHIB gained over 46,000,000% in 2021, creating many millionaires.
Timing is crucial to finding projects with massive profits, and savvy investors know early investments mean increased returns. Time is everything in this game. Will GNOX create the next millionaire batch? Time will speak.