Penny cryptos, or cryptocurrency investments under $1, might be the best choice for those who want to participate in the crypto trend without making a big financial commitment. These inexpensive assets allow investors to participate in the growing crypto sector at a reasonable price.
This article explores the top cheap alt coins to watch that could easily be 100x in 2024. These chosen three are Galaxy Fox ($GFOX), Mantle ($MNT), and Celestia ($TIA). Now, let’s talk about what makes each so exceptional.
What you'll learn 👉
Why Should You Buy Galaxy Fox ($GFOX)?
Meme coins were mainly written off as a fad when they first appeared in crypto. However, over some time, they have developed into a vibrant and feature-rich sector of the DeFi market.
Galaxy Fox leads this progress with its charming fox-themed play-to-earn environment that rewards investors at each step. The project hosts monthly and weekly gaming seasons, with the top 20% of the players receiving 50% of the prize funds proportionally.
Also, Galaxy Fox lets its community stake their $GFOX tokens. Naturally, the longer stakes result in bigger payouts, which promotes long-term client retention and opens a new window for passive income.
A smart tax system, taking 6% from sales and purchases, further sustains the Galaxy Fox ecosystem. This matches market trends where investors search for sustainable and powerful economic models in projects.
This innovative DeFi concept is also notable for its colorful presale structure. The price of $GFOX increases with each of the 10 phases of the ICO. The price of $GFOX, which is only $0.00066 right now, will rise ten times during the presale, giving early buyers a 450% return on their investment.
This innovative presale design makes Galaxy Fox the best ICO crypto to invest in. The project has already raised $170K in the first few days, and external positive trends on the market could easily push this number up. So, if you’re searching for the best altcoins for 2023, add $GFOX to your watchlist.
What About Celestia ($TIA)?
Celestia launched its mainnet on 31 October 2023. Since then, the price of its native token, $TIA, has increased by 200% and it’s climbed all the way up to #60 in the list of top 100 cryptos by market cap, surpassing projects like EOS and The Sandbox. Celestia is a brand-new modular blockchain that prioritizes Ethereum rollup data availability services essential to network security and efficiency.
One interesting aspect of Celestia is its tokenomics design, which the market has reacted differently to. Celestia’s tokenomics involves a total supply of 1 billion tokens. Currently, only a part of these tokens is in circulation. The plan to periodically release the remaining tokens until 2026 has led to two distinct perspectives.
This gradual release prevents market flooding and keeps tokens rare in the short term. Yet, some in the market worry this could inflate the coin’s value – once more tokens join circulation, prices may fall.
$TIA has already surpassed $1 and now costs around $6. While it’s no longer a penny crypto, it’s still an affordable option and one of the most interesting alt coins to watch in the coming months.
Introducing Mantle ($MNT)
The decentralized platform Mantle is leaving a big impression in the blockchain space. It is now ranked among the top 70 cryptocurrencies by market capitalization and promises positive future performance. The platform’s primary goal is to make blockchain technology understandable for companies so that developers can easily incorporate it into their processes.
Integrating its Mainnet with Web3 giant Trust Wallet is a big step for Mantle. This will make it easier to handle digital assets and improve the dApp experience for users. Thanks to this connection, Trust Wallet users can now easily keep track of their $MNT assets, make transfers, and safely join different dApps.
Currently, $MNT costs about $0.47, and since most people are optimistic about its future, it could go up even more in the next few months.
Final Thoughts
The best investing approach in the current market is to have a well-diversified portfolio that includes high-value, more stable cryptos along with cheap ones with room for development. In this context, Galaxy Fox is one of the best affordable alt coins to watch that deserves a spot in everyone’s balanced portfolio. So, become part of the active $GFOX community today. Be the first to learn about the project-related news, and benefit from massive price growth once it goes live.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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