Bearish investors are about to witness the most painful rally of their lives. Ethereum ($ETH) gas fees are up, the DOJ has finally settled with Binance, and total stablecoin supply has steadily increased. The bull market has begun already!
All of these key metrics show massive repressed market strength. Across the board major altcoins and small-caps look like powder kegs primed to explode. The market looks so good it would be impossible to pick the top 10 cryptos to buy now.
One nascent presale Galaxy Fox ($GFOX) has eclipsed $200,000 in its presale funding, and micro-caps catching a bid means it is time to flip risk-on. Is this P2E token the next to make a big splash?
Galaxy Fox ($GFOX) Next P2E Giant
Galaxy Fox is turning heads shooting past $200,000 while still in its initial presale phase. This play-to-earn token features a classic runner game and pays out prizes to the top-ranked players each season. But the ecosystem built around the runner game makes $GFOX one of the best cryptocurrencies to buy now.
NFTs will play a role in this cosmic ecosystem, with holders gaining in-game upgrades, increasing their chances of winning the seasonal prize pools. Speculation is already rife that as the prize pool grows, the floor price of these NFTs will surge.
The colorful and memeable aesthetic of the characters is an under-appreciated strength of this ecosystem. As well as being a P2E token Galaxy Fox has taken the best elements from the meme coin genre, and all it takes is one tweet to take off on Crypto Twitter, and the market cap could soar tenfold overnight.
These characters will also feature on the protocol’s line of real-world merchandise, generating revenue for the Treasury. The Treasury then spends these resources on marketing and supporting community initiatives to further push ecosystem development.
This proactive stance to growth is rare amongst DeFi protocols and another reason $GFOX is one of the top 10 cryptos to buy now. The flywheel effect of more users and more marketing will be particularly potent as the bull market progresses, and $GFOX may even eclipse 100X growth by mid-2024.
$GFOX Staking
Larger investors have aggressively participated in the presale, and their buy orders indicate that $GFOX is a top crypto to buy now. These investors have a more nuanced understanding of tokenomics, and experts explained that $GFOX’s value accrual mechanisms outpace all its competitors.
All $GFOX token holders can stake their tokens in the Stargate module which accrues 2% of all buy and sell taxes. Alongside staking rewards, the token burn conducted by the protocol periodically removes tokens from circulation.
Pair these value accrual mechanisms together, and $GFOX stakers are earning residual income on a deflationary asset. This has long been the holy grail of crypto investing and explains experts’ growth forecasts of a 4,100% surge before the end of the year.
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Closing Thoughts: GameFi Set to Dominate 2024
GameFi will carry this cycle, and gaming tokens, especially play-to-earn tokens, will be the best performers. Last bull market, the leading P2E token, had a market cap of $10 billion. To date Galaxy Fox has raised $200,000. Investors can do the math and see $GFOX’s outrageous upside potential.
Participants in the initial stage of the Galaxy Fox presale will secure gains of 450% on their initial investment by launch, but this window is rapidly closing. $GFOX is primed to outperform majors this cycle. And for investors who want to turn a four-figure portfolio into six figures, it is easily one of the top 10 cryptos to buy now. So be sure to get involved today!
Learn more about $GFOX here:
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