As we come to the end of a crypto winter that has lasted into summer, investors continue to search for opportunities that offer some resilience to the forces continuing to drive major tokens downward. Two altcoins, though, are looking past the current state of things and preparing for solid future growth. Gorilix (SILVA) has ridden a practical, grounded value proposition and an ambitious roadmap to a remarkably successful presale, while Avalanche (AVAX) continues to build a stable, well financed platform capable of extraordinary speed and throughput.
Gorilix won’t have its IDO until its official listing through Uniswap on September 6, 2022. But that hasn’t stopped investors from creating a surge of momentum during its presale. The SILVA token has risen more than 350% as it nears the end of its presale’s first stage, scheduled for July 21.
The key to SILVA’s early success may well be its aversion to the high-risk approach that characterized the crypto market’s rise and contributed to its fall. Like some tokens that have fallen on hard times, Gorilix has positioned itself as a DeFi facilitator. Unlike many of its predecessors, Gorilix takes a measured approach to yield payments and a levelheaded one to borrowing.
Yields on SILVA holdings are directly tied to the token’s market value and overall liquidity levels—a market-based protocol that rewards prudent investors while guarding against the artificially inflated rates that invited some of this year’s most spectacular crashes. Gorilix plans a robust borrowing and lending platform, but its collateralization requirements are specifically designed to keep investors from taking overleveraged positions.
It’s a strategy predicated not on FOMO, but on the prudent instincts of smart investors with healthy streaks of skepticism. Those investors might find another promising option in an already-established token, AVAX.
While it remains somewhat exposed to the risks currently affecting the DeFi space, Avalanche has shown an historical ability to take advantage of the upside inherent in those risks, and to shield itself somewhat from the downside. The last 30 days are proof of that resiliency: AVAX has surged 60.7% over the last month, while ETH gained a little less at47.5% and after a recent rally BTC was able to climb 16.6%.
Behind that strength is a proven use case and a team that has developed Avalanche’s strengths consistently since its September 2020 debut. More than 200 protocols use the Avalanche blockchain, making it one of only five platforms to earn that distinction. Perhaps more importantly, AVAX boasts the fourthhighest TVL, or total value locked, level of any cryptocurrency—a testament to investors’ continued faith in the value of smart contracts facilitated by Avalanche.
The future is uncertain. But tokens like Gorilix and Avalanche are emerging as smart plays on the crypto market’s future upside.
- To buy your SILVA tokens or learn more about Gorilix DEFI, visit https://gorilix.io.
- To register for theGorilix (SILVA) presale: https://cabinet.gorilix.io/sign-up
- To join Gorilix on Telegram, Twitter & Instagram: https://linktr.ee/Gorilix
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