The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently in its presale phase, hopes are high that ALEX will hit the market with a bang, making the sort of headline-grabbing moves that Bitcoin Cash (BCH) has recorded lately.
The recent surge in price of Bitcoin Cash (BCH) has caught the attention of the cryptocurrency community. The Proof of Work cryptocurrency is up 160% over the past month. At the same time, interest in another digital asset that has yet to debut, Alex The Doge (ALEX), has been ramping up.
Alex The Doge (ALEX) is a unique project that combines the appeal of memecoins with the utility of decentralized finance (DeFi) and play-to-earn gaming. Its presale phase, during which early supporters can acquire ALEX tokens ahead of the token’s DEX launch, has generated strong interest that augurs well for the project’s prospects.