Crypto markets continue to rally, and anybody sidelined already feels the pain of underexposure. Is this post-holiday market rally a fake-out, or are bulls back in control? Bad news for the bears: predictions are already set way above $100,000 for $BTC due to a supply shock post-ETF.
Altcoins show staggering strength, and stablecoin supply is up, meaning fresh liquidity is chasing future gains. The pre-bull market will transition into a true bull market with no respite, and the pain will only increase for bearish investors.
Among the top 10 cryptos to buy now, one ICO has shown better relative strength than its competition, and with Galaxy Fox ($GFOX) charging toward $500,000, could it be 2024’s best performer?
Galaxy Fox ($GFOX) Presale Bonanza
Galaxy Fox’s staggering presale funding to date has created momentum not seen since the early $BNB ICO in 2017, and everything indicates that $GFOX is the top crypto to buy now. This play-to-earn token leverages the best elements of the memecoin genre, virality and deflationary tokenomics, to introduce a market-first hybrid.
Each season the top-ranked players earn prizes exchangeable for $GFOX tokens. All players can improve their chances via holding one of the 3,000 unique NFTs that confer in-game stat upgrades or purchasing upgrades with $GFOX tokens. The protocol rolls 50% of in-game spending into the next prize pool, and the NFT marketplace allows investors to trade their NFTs.
But it takes more than an addictive runner game to become a top crypto to invest in, and it is Galaxy Fox’s tokenomics model drawing investors into the presale. All participants in the current stage additionally enjoy nine price increases before launch due to the protocol’s unique demand-pricing mechanism. All $GFOX stakers also earn residual income thanks to the Stargate module.
A deeper dive into the staking rewards mechanism shows why Galaxy Fox has enjoyed an enormous surge in popularity. At the TGE 80% of tokens will be in circulation, meaning little/ no dilution for early investors. Buy and sell taxes fund staking payouts instead of token emissions, and the protocol burn continuously reduces the total supply of $GFOX.
$GFOX holders are earning yield on a deflationary asset with no looming token unlocks and a down-only total supply. And it is this stroke of genius that pushes Galaxy Fox to first place among the top 10 cryptos to buy now.
Historical Perspective: $GFOX’s Potential
Galaxy Fox is a play-to-earn/ memecoin hybrid. In 2021 the market leading P2E project reached a market cap of $10 billion. Several memecoins reached market caps well into the billions. To date $GFOX has raised less than a million, and this tiny market cap means absolutely ludicrous upside potential for early participants.
Closing Thoughts: Pre-Bull Market Conditions Indicate Bull Incoming Soon
Investors need to think bigger this cycle. It could be crypto’s last cycle before it reaches mainstream adoption and institutional investors smooth out the volatility. In short, investors need to make this cycle count. The best way to do that is to participate in presales and ICOs before the bull market begins in earnest.
Participate in the Galaxy Fox presale today and get an early allocation in a GameFi frontrunner. Leading the top 10 cryptos to buy now and already dubbed a 100X gem, investors have a once-in-a-lifetime opportunity to join the Galaxy Fox ICO early.
Learn more about $GFOX here:
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