Best tokens to buy now: Ethereum (ETH), Gnox Token (GNOX) and Fantom (FTM)

Finding the best altcoins can be difficult due to the large number of options available, but it is unquestionably worthwhile because these currencies can sometimes yield triple-digit returns.

This article will look at the top tokens to invest in right now.

• Ethereum (ETH)

Ethereum’s position as the second-largest cryptocurrency in terms of market capitalization, although being second in line to the top crypto, Bitcoin, remains untouchable. ETH now has a market capitalization of about $218 billion.

Ethereum is another popular cryptocurrency to invest in, as many people believe it has more considerable price potential than Bitcoin. The platform provides a platform for dApp developers to build their projects and execute smart contracts, with the potential to revolutionize various industries. 

The upcoming upgrade to Ethereum 2.0 is expected to cause a stir, as it will see the platform switch to a Proof-of-Stake mechanism, which will significantly increase speed and reduce fees.

• Gnox (GNOX)

Given its recent focus in the crypto world, Gnox remains a highly anticipated project. Gnox’s price increased by 52% during its first-round presale after passing a thorough background check and getting a Soken KYC badge on May 21, 2022.

Gnox is a cutting-edge DeFi utility platform that provides “yield farming as a service.” A treasury is established with a portion of the native GNOX token. It is comparable to a high-yield farming pool.

The funds are then invested by a team of DeFi analysts in a pool of DeFi prospects dispersed across many blockchains and platforms.

It lends and reaps advantages with a portion of its treasury, allowing the project to deliver value to investors and secure long-term, growing returns.

• Fantom (FTM)

Traditional blockchain systems, like Bitcoin’s, prioritize security and decentralization over scalability. Bitcoin transactions take 10 to 15 minutes. This makes transaction scaling harder.

Fantom uses a leaderless proof-of-stake (PoS) protocol to defend the network (i.e., the blockchain does not compromise security or decentralization). FTM transactions take 1–2 seconds. Also, the transaction costs are far lower than those of Bitcoin.

The blockchain trilemma refers to the inability to achieve a simultaneous balance of speed, security, and decentralization. To achieve decentralization and security, Fantom uses a permissionless protocol and aBFT to process transactions asynchronously, which speeds up the entire process.

Conclusion

The popularity of cryptocurrencies stems from their complete transparency, which is enabled by open-source, publicly verifiable technology. Despite market instability and fluctuation, long-term investments in cryptocurrency are thought to be extremely beneficial.

If you want to make money with cryptocurrency, the coins listed above are well-positioned to appreciate in value regardless of which direction any specific token is heading on any given day.

Learn more about Gnox:

Join Presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io