Uniswap (UNI) and Monero (XMR) Trade Upward With Huge Price Increase Expected for Gnox (GNOX) on Launch Day

• – On the daily chart, Bitcoin broke over the resistance of the 50-day moving average as well as the trading range to a huge price ($19,000 to $23,000). The UK is still working to build a cryptocurrency regulatory framework, and Jerome Powell stated that the most recent rate hike will be the final one.

The next aim for Bitcoin is $26,000; if it can move over this, a protracted macro trend will occur, and the altcoin season will start. Crypto markets soared in response to this news. Gnox is anticipated to rise sharply at launch, and the news of a new participant in the BSC (Binance Smart Chain) ecosystem is welcomed. Other DeFi (decentralized finance) tokens, such as Uniswap (UNI), are displaying bullish indicators, and the privacy-focused cryptocurrency Monero (XMR), is also seeing bull trading.

Gnox (GNOX)

The last round of the pre-sale for Gnox has begun, and it will be available in less than a month. By facilitating DeFi investing for the typical crypto investor and making it more sustainable, this protocol seeks to transform the field. The creators at Gnox have invented a fresh method to promote DeFi income. developing a protocol treasury fund by utilizing trading taxes. Then, this money is put to work making money for the investors. With a constant monthly coin payment and hourly GNOX distribution, this new method was properly termed Hold to Earn.

• – Gnox offers a low-touch approach to succeeding in DeFi. One investment vehicle, the GNOX token, gives investors exposure to DeFi and the profits available globally. With no psychological resistance level and a bull market launch, the price discovery round for Gnox is anticipated to be dramatic.

Uniswap (UNI)

In 2018, a decentralized exchange went live, altering the way DEXs (decentralized exchanges) operate. By offering LP (liquidity provider) tokens, Uniswap’s automated market maker system increases swap efficiency for traders and allows investors to make money. In the DeFi Summer of 2020, Uniswap took off, becoming a major player in the DeFi industry.

Users can cast ballots for proposals using the management token UNI. It has increased by more than 30% in the last week and is currently trading at 9.20 USD. Since the merchant armies are returning to space, there is momentum behind this initiative, and UNI will continue to develop as a result of the increased trade volume.

Monero (XMR)

The history of Monero in the world of digital assets is extensive. It is a cryptocurrency with a privacy focus that was introduced in 2014 and enables users to conduct anonymous transactions. Payments can be made without worrying about reprisal since it uses cryptography to conceal senders and receivers.

• – The popularity of Monero is rising. Most individuals have a false sense of security because Bitcoin is purportedly anonymous, but with the rise of CEXs (centralized exchanges) and the requirement of the KYC process, it’s simple to track wallets and transactions back to a specific person. At $165, XMR has broken through the important $155 resistance. The bulls are tightly in control, and XMR should go for $200 at the next level.