While Bitcoin ($BTC) takes a breather, altcoins are using this opportunity to run. The strongest performers have made themselves visible, and the best gainers among the top 50 projects are already well-known. Sei ($SEI) was the top monthly asset, with a 204% increase, but the reality of this bull market is that anybody buying any of the top ten cryptocurrencies will see, at best, a 3X.
While larger altcoins have capped upside limits this cycle, ICOs still offer 1000X opportunities. Comparing Galaxy Fox ($GFOX) to Sei. Does Galaxy Fox offer a better ROI?
Sei ($SEI) Posts 200% Monthly Candle
Sei is riding the parallelized EVM narrative, and anybody who bought last month is already up 2X. The hype around parallelized EVMs has grown, and these projects are the next evolution of the alternative layer one trade that dominated the last cycle. Sei has been optimized for trading. This function rests at the bottom of all DeFi activity, and Sei’s twin-turbo consensus means it offers some of the fastest finality and even includes native front-running protection.
The purpose of Sei is to deliver a general-purpose layer one built and designed for the optimal trading experience, whether it be tokens, NFTs, or gaming. Its relative strength confirms that it is one of the best cryptocurrencies to buy among majors, and as more market activity moves on-chain, Sei stands to be a large net beneficiary.
Sei’s TVL has risen drastically this month from below $7 million all the way to $17 million, and this ecosystem still has room to grow. But comparing the ROI potential of holding $SEI and $GFOX shows why investors should be betting on small caps and ICOs this cycle.
Galaxy Fox ($GFOX) 2024’s First Hybrid 1000X Protocol?
Galaxy Fox has been
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