Cryptocurrency

$NEO Falling Out Of Top 100 Coins as $GFOX Gains CoinMarketCap Listing

IndustryTrends

$NEO investors are deeply unhappy with the crypto coin's lackluster performance in recent months, while the rest of the market booms. Even underperforming older coins like $XRP and $ADA have fared significantly better over the past year, compared to $NEO – raking in a disappointingly modest increase of 7.5% over the year. Although it's shown some upward momentum in the past few months, the once-hyped "Chinese Ethereum" now faces more hard times as it's in danger of falling out of the top 100 coins' list due to its poor performance. Many $NEO investors have turned to $GFOX, a new ICO crypto that has recently gained CoinMarketCap listing, solidifying its position as one of the best cryptocurrencies to buy.

$GFOX Market Hype

While $NEO flops, $GFOX has been on a groundbreaking roll, zooming past the $3.5 million and quickly approaching the $4 million mark.  $GFOX is a new ICO crypto that hopes to capitalize on meme coin culture as well as Web 3 gaming to help investors make insane profits.

The $GFOX ecosystem is designed to ensure that investors get the best deal for their buck. Not only does the coin have immense growth potential, but it also offers a lot of utility-laden features. For instance, $GFOX offers one of the coolest NFT collections in the crypto market, this collection features 3,000 NFTS each inspired by the different characters of the Galaxy Fox ecosystem.

The $GFOX ecosystem also features a Stargate that collects 2% of every $GFOX transaction.  This forms a pool of funds that is used to pay out staking rewards to those who lock up their $GFOX tokens. This feature makes investing in $GFOX one of the best ways to make passive income with crypto.

$GFOX also offers a collection of cool merchandise that investors can purchase and add to their wardrobes or collections. From sleazy fashion items to cool collectibles, every investor will find something they love on the $GFOX website.

Another feature that enhances the appeal of this new ICO crypto is its token burn feature. This feature is designed to add a deflationary feature to $GFOX. As more investors join the platform, the token burn feature permanently burns some of the $GFOX tokens in circulation. This creates a sense of scarcity, which in turn enhances the inherent value of $GFOX.

While all these features help to make $GFOX one of the best cryptocurrencies to buy, the star of the Galaxy Fox ecosystem is the play-to-earn Web 3 game. This is a running game that requires gamers to compete for the top 20% of positions on the leaderboard. Winners are rewarded with in-game currencies that they can exchange for $GFOX tokens.

To enhance their gameplay, investors can leverage temporary attribute boosters that help them increase their speed, agility, and strength. This helps them gain a much-needed edge against their opponents. They can also use $GFOX NFTs to gain new characteristics including strengths and weaknesses.

With only two presale stages remaining before the launch of $GFOX, investors are rushing to get this much-converted token for themselves, pushing the presale closer and closer to the $ 4 million mark. Don't miss out on a chance to become a crypto millionaire with this new ICO crypto.

Will $NEO Fall Out of The Top 100 List?

According to the CoinMarketCap, $NEO now ranks as the 84th largest cryptocurrency by market cap. However, CoinGecko has it listed as #99, and the coin seems to be falling further and further into the red zone, prompting some investors to wonder how much longer it will remain a top 100 crypto coin. Based on past history, coins that fall out of the Top 100 list seldom make comebacks – and many fade into oblivion. $IOTA, $BAT and $DASH are just a few notable examples of coins that were once hot, and now languish in digital obscurity. 

In the past week, $NEO has dropped by 3%. In the last 24 hours, $NEO's trading volume has dropped by over 6%, showing a decrease in trading activity for this cryptocurrency.  This is a stark difference from $NEO's performance a few days ago. Last week, $NEO was able to surpass its 50-day moving average, the bulls seem to be in full control, but unfortunately for $NEO holders, it didn't last long.

Final Word

Whether or not $NEO will be able to maintain its position as a top 100 cryptocurrency remains to be seen – but what's clear is that, for the moment, there's not much development action keeping the project alive. And one thing is for sure, $GFOX is set for over 100X profits in the coming weeks as it lists on major exchanges and begins rolling out its features. This new ICO crypto is set to transform investor's lives and you can be part of this transformation if you join the presale today.

Learn more about $GFOX here:

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