Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
$RUNE Gains 50% As THORChain Becomes Third-Largest DEX. Is Galaxy Fox Next?
Find out more on THORChain’s rise to become the third-largest decentralized exchange and RUNE’s 50% surge in one week. Explore the potential trajectory for Galaxy Fox.
The recent growth of THORChain has seen it emerge as the third-largest decentralized exchange (DEX). This growth caused its native token, $RUNE, to emerge as one of the best cryptos to invest in, gaining more than 50%.
Another crypto that has caught the attention of investors is Galaxy Fox ($GFOX). Recording massive network growth, will $GFOX replicate the parabolic rise of $RUNE? Let’s find out.
>>BUY $GFOX TOKENS NOW<<
$RUNE Jumped 50% As THORChain Emerged Third-Largest DEX
The decentralized exchange of THORChain became popular because it enabled cross-chain swaps without token wrapping or pegging. Users can transfer tokens between blockchain networks on the DEX without any intermediary. This feature enabled THORChain to gain massive popularity in the Defi space.
The recent growth has culminated with THORChain becoming the third-largest DEX. THORChain has processed over $1.32 billion in trading volume trailing only Uniswap and PancakeSwap. However, the TVL on the THORChain network has remained flat at $262.3 million, the seventh biggest DEX according to DeFiLlama.
Interestingly, the THORChain coin, $RUNE saw a massive price surge. On the weekly chart, the $RUNE price has increased by more than 62% to reach the $5.49 level. The 30 THORChain price chart is even more impressive, with an increase of more than 232%, making $RUNE one of the best cryptos to invest in 2023.
The THORChain DEX has been featured among the best ways to earn passive income with cryptocurrency in 2023. The platform has offered an average annual percentage rate (APR) of nearly 44% on its $RUNE token. Some liquidity pools offer substantially higher APRs, leading to the recent growth in the platform.
>>BUY $GFOX TOKENS NOW<<
Galaxy Fox ($GFOX) Emerges As a Top Contender for Crypto of the Year
As the search for the best cryptocurrencies to buy continues, several options emerge. One of which is Galaxy Fox ($GFOX). The project has gained attention from investors because of the new unique model it has introduced.
Galaxy Fox is built on the Ethereum network but has blended the appeal of meme coins with the practical utility offered by play-to-earn (P2E) gaming. As such, it has created a hybrid project. The project has added more excitement to its web3 runner game with some of the coolest NFTs in the entire crypto market.
The Galaxy Fox NFTs are limited to 3,000 unique items. Each NFT was designed to offer a special feature within the intergalactic runner game. From powering up characters to unlocking special abilities, the NFTs offer all. While the gameplay is spiced up with Galaxy Fox NFTs, they also hold value on NFT trading platforms like OpenSea.
The utility token of the ecosystem, $GFOX, stands out with several drivers offering. $GFOX is an ERC20 coin built with a deflationary token model and offers rewards for staking. These features were integrated to enhance investor, and user experience, and improve the value of the coin over time.
Because of the unique features and supportive community Galaxy Fox has built, it has shown potential to become one of the best ICOs to launch. The project is still in the early stages of its crypto presale where a $GFOX token is sold at $0.00066. As it gains more support, $GFOX could record a 20x price surge in the crypto bull market. So be sure to get in early!
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
Read the full article here