PancakeSwap

Uniswap

Galaxy

Million

<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=104" target="_blank" rel="noopener noreferrer nofollow"></a>The trend towards on-chain products and services was an overwhelming feature of the 2022/ 2023 bear market. While analysts expected this trend to subside when the bull market began, the opposite has happened. DeFi is booming, and on-chain presales are outpacing their CEX launchpad counterparts. DEX coins heat up as PancakeSwap ($CAKE), Uniswap ($UNI), and THORChain ($RUNE) gain momentum. <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=104" target="_blank" rel="noopener noreferrer nofollow">Galaxy Fox ($GFOX)</a> nears $3 million in presale. Even perpetual futures trading volume is occurring on-chain. Time for a deep dive into the DeFi boom and a look at what cryptos to buy now. Galaxy Fox ($GFOX) Nearing $3 Million Galaxy Fox is an on-chain presale success story closing in on $3 million. This memecoin/ P2E project has delivered some of the best tokenomics seen amongst presales, explaining its early lead. It introduces the classic deflationary burn typical of the memecoin genre and pairs it with an innovative taxation system. Buy and sell taxes fund staking payouts, the liquidity pool, and help the Treasury with ecosystem development. This model ensures no inflationary token emissions, and with the majority of tokens live at the TGE presale, participants have a big advantage. No looming inflation and the ability to earn yield on a deflationary asset. The ecosystem additionally includes NFTs, an NFT marketplace, and real-world merchandise. Its taxation system creates a constant revenue stream, and this funding, primarily split between rewarding stakers and driving expansion, could be the golden touch for this up-and-coming gem. Galaxy Fox’s runner game presents another earning opportunity, and the top-ranked players walk away with prizes at the end of each season. Dubbed a top crypto to invest in this year amongst all the GameFi furor, this nascent presale gives every indication it wants to fly post-launch.&nbsp;&nbsp;
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="95" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-1024x95.png" alt="" class="wp-image-414678" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-1024x95.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-300x28.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-765x71.png 765w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-1536x143.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-2048x190.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-1617x150.png 1617w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-100x9.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144-788x73.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-144.png 970w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
PancakeSwap ($CAKE) Tokenomics Overhaul PancakeSwap is another leader entering the fray regarding what cryptos to buy now before the bull market kicks off in earnest. It remains the largest DEX by TVL and volume on the Binance Smart Chain and continues to innovate. The tokenomics overhaul began with v2.5, then the introduction of the veCAKE system, and now an approved governance proposal to slash the total supply of $CAKE from 750 million to 450 million. This deflationary angle has proven wildly popular with investors, and PancakeSwap’s only real negative was its constant inflationary printing. For anybody who believes in the future of the Binance Smart Chain and DEX activity on this chain, $CAKE is easily one of the best cryptocurrencies to buy this year. Uniswap ($UNI) First-Mover Advantage Uniswap remains the dominant DEX across DeFi, responsible for 40% of the total spot trading volume while controlling the majority of trading activity on Ethereum ($ETH). Launched in 2018 and solidifying itself as the go-to trading house for on-chain swaps, Uniswap has really made the most of its first-mover advantage. Introducing V3 allowed for customizable liquidity ranges and gave liquidity providers quasi-unlimited opportunities. The introduction of V4 and hooks promises to be another growth catalyst, and $UNI additionally enjoys tailwinds from the broader revitalization of Defi 1.0 tokens. THORChain ($RUNE) DeFi Powerhouse THORChain was a top performer in Q3/ Q4 last year, and experts predict this momentum will spill over into 2024. It remains one of the only protocols that allows native asset swaps, and following all the exploits revolving around bridges and wrapped assets in 2022 and 2023, its value proposition has never looked stronger. Lending has been a new addition to THORChain’s offerings, and the Saver Vaults have proven timeless yield spots for investors who want to earn returns on a single asset without facing impermanent loss. The best part for $RUNE holders is the token’s deep integration into services offered by THORChain, driving a constant and organic source of buy pressure for the token. Closing Thoughts: DeFi Keeps Climbing DeFi is open and permissionless. Investors utilizing their assets have full control of their funds. Headed into 2024, investors should not forget the importance of self-custody, and DeFi’s return signals that those who stuck around in the bear market are keeping everything on-chain. Galaxy Fox deserves a special nod even among this list of what cryptos to buy now due to its developmental stage. Entering an up-and-coming presale in the pre-bull market stage is one of the best trades of the year from a returns perspective, and this cosmic protocol looks ready to soar.&nbsp;
Learn more about $GFOX here:
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=104" target="_blank" rel="noopener noreferrer nofollow">Visit Galaxy Fox Presale</a> | <a href="https://t.me/galaxyfoxtoken" target="_blank" rel="noopener noreferrer nofollow">Join the Community</a>
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/dex-coins-heat-up-as-cake-uni-and-rune-gain-momentum-gfox-nears-3-million-in-presale/" rel="noopener noreferrer nofollow">DEX Coins Heat Up as $CAKE, $UNI and $RUNE Gain Momentum; $GFOX Nears $3 Million in Presale</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

DEX Coins Heat Up as $CAKE, $UNI and $RUNE Gain Momentum; $GFOX Nears $3 Million in Presale

CaptainAltcoin

Other articles published on Jan 6, 2024

Europe’s inflation saw a 3% surge in December

Bitcoin ETFs: Balancing Investment Appeal with Custody Risks

The Impact of AI on Law Enforcement: A Cautionary Perspective

The Crypto Gold Rush Of 2024: 10 Altcoins Leading The Way

ScapesMania's Presale is Nearly $4M - Join the Historic Journey Now!

Anarchy (ANA) – A Matrix-Resistant Crypto Alternative

Join our free newsletter for daily crypto updates!