GNOX Token (GNOX) looks to follow the trajectory of Shiba INU (SHIB) and Dogecoin (DOGE)

Currently in its presale, the new digital token Gnox has already made waves in the crypto community. It has garnered attention in the DeFi space due to its release plan to bring the first “Yield Farming as a Service” to the market.

first “Yield Farming as a Service” to the market.

Shiba Inu (SHIB)

This penny token, named after a Japanese dog breed, has grown at an incredible rate since entering the crypto world, attracting investors and fans alike. It even outperformed behemoths like Bitcoin and Ethereum in terms of returns.

Of course, Shiba Inu’s holders are not value investors, and the coin’s price is volatile. Its value recently dropped nearly 25% in one day when a Shiba Inu whale looked to be selling a portion of his holding. And the token is still down from its October highs.

Dogecoin (DOGE)

Dogecoin, which was created as a joke by Jackson Palmer, became an almost instant hit. The currency drew the attention of a devoted internet community by utilizing the popular internet meme ‘doge.’

Dogecoin rose 300% in 72 hours after launch, demonstrating online interest. By using the ‘doge’ image on its website and associating it with its catalytic meme, the cryptocurrency has maintained internet popularity.

Despite the success, DOGE is currently down 78% from its all-time high. Changes to the altcoin are possible in the future months.

Gnox (GNOX)

Named Gnox, this new DeFi token is considered by some to follow the trajectory of Dogecoin and Shiba Inu. Hoping to swiftly climb the ranks, Gnox is relying on the passive income utility it brings to its holders.

With its “Yield Farming as a Service”, Gnox rewards long-term holders and users by offering a passive income stream equivalent to the treasury’s earnings over time.

Gnox has a unique DeFi treasury feature that allows its treasury to create a bigger reward from other protocols. Currently, this token has one of the fastest-growing communities among reflection projects.

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