Lark Davis: Number Of Addresses Holding At Least One Bitcoin (BTC) Has Hit A New All-Time High And Why You Should Hold Gnox Token (GNOX)

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Lark Davis is a content creator on the YouTube platform who brings daily content to his followers on Bitcoin and cryptocurrency. Recently he tweeted a graphic showcasing that the number of unique wallet addresses holding at least 1 BTC has hit an ATH (All-Time High). 

It means smaller players, ordinary retail investors, are accumulating. And investors only accumulate when they foresee asset appreciation in the future. Many investors have been in the crypto space for a few years now and have seen Bitcoin crumble only to rise from the flames time and time again. This has bolstered investor confidence, and despite dramatic downwards movement with prevailing macroeconomic conditions, investors are taking this opportunity to build their Bitcoin stack. Investors who bought the tops of November 2021 are also taking advantage of the current price action to reduce their average cost. With Bitcoin currently trading at around USD 22,500 it has dropped significantly from its prior ATH (All-Time High) of USD 69,000. Many analysts point out that Bitcoin as an asset has only existed during a historic bull run and nobody knows what could happen to it during times of recession. However, this does not seem to phase investors who diligently DCA (Dollar Cost Average) and continue to pile up Bitcoin.

Gnox is a brand new player in the crypto ecosystem scheduled to release on the Binance Smart Chain (BSC) and promises to broaden the availability of DeFi investment. GNOX is a token many analysts have called’ recession-proof’, and following the project’s recent token burn event, it appears to be a project investor’s would be foolish to miss. 

Gno