Crypto bull markets are excellent. Token holders enjoy asset price appreciation, but the frenzy of market activity unlocks great passive income opportunities. Got your eye on any yet? Uniswap ($UNI) up 20% as staking proposal nears approval, and the fee switch will be directing fees to token holders instead of Ethereum ($ETH) validators. Galaxy Fox ($GFOX) has smashed $4.2 million in its presale as the $GFOX staking rewards top the meme market. Looking for passive income and yield? $UNI and $GFOX are the top cryptos to buy right now.
Uniswap ($UNI) Flipping On the Fee Switch
Uniswap remains the predominant decentralized exchange and executes the majority of on-chain volume. However, $UNI token holders have never profited from this activity. That was until the recent governance proposal to share swap fees with $UNI owners who stake their tokens.
The proposal passed with a landslide, and now $UNI holders can look forward to revenue share. Demand for $UNI ownership is up, with the token pumping 20% in the last week. Uniswap is executing more than $1 billion in volume daily across multiple chains, and this revenue share could be worth a pretty penny, especially for larger holders.
Uniswap has always shied away from the fee switch due to regulatory fears, and the announcement of this proposal implies that the court case between the SEC and Coinbase will likely terminate in a favorable ruling for the latter. DeFi’s largest DEX is now paying out trading fees to token holders. $UNI is an excellent answer to what crypto to buy now for anybody who wants to start earning and gain broad DeFi exposure.
Galaxy Fox ($GFOX) Staking Rewards Taking Over
Galaxy Fox joins the ranks of top cryptos to buy right now as its presale shoots past $4.2 million, and its innovative staking rewards program is catapulting it to the top of the meme market. Taking a different approach to the single-sided memecoins saturating the market, $GFOX has introduced an entire ecosystem, and this presale is ready to surprise even the earliest investors.
Integrating a P2E game partly explains Galaxy Fox’s success. This Web3 runner is a great onboarding funnel, pays out prizes at the end of each season, and, most importantly, locates this token in the GameFi narrative. But the big ticket item propelling this token skywards as one of the best cryptocurrencies to buy now is its staking program.
Stargate is the reward’s hub, and anybody can stake their $GFOX in this module. Accruing 2% of all transactions and distributing them between holders, $GFOX stakers are earning in direct alignment with ecosystem activity and growth. But how is a memecoin paying out staking rewards?
Galaxy Fox has a novel taxation system that funds these payouts. Combined with the burn stakers are earning yield on a deflationary asset, and with a down-only total supply after its retail launch, the sky truly is the limit for this passive income machine.
Closing Thoughts: Bull Market Yield Plays
Earning yield is among the most brilliant plays during the bull market, and staking rewards are the best option- no impermanent loss and single-sided rewards that allow token holders to capture all the upside action simultaneously. Uniswap and Galaxy Fox tick all the right boxes and are the top cryptos to buy right now.
Galaxy Fox is an exceptional case due to its deflationary tokenomics and yield combination. Not to mention, the project is still criminally undervalued at a $4 million market cap. Join the presale today and see what this staking meme token is capable of in the next six months.
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