Bitcoin ($BTC) cruised through $40,000 like a hot knife through butter, and naturally, the next question is, can $BTC reach $100,000 by Christmas? Leading the market with astounding force, $BTC has cleared the runway for altcoins like Galaxy Fox ($GFOX) to take off.
As market sentiment reaches full-blown bull territory, how high will this memecoin go in 2024? Presales are primed to print 100Xs, and among the top 10 cryptos to buy now, $GFOX displays the most tremendous growth potential.
Galaxy Fox ($GFOX) Blitzing Stage 2
Galaxy Fox has enjoyed enormous success recently. After clearing its initial phase, it has begun blitzing Stage 2, coasting toward half a million raised. In the current market conditions, everything points toward ICOs being the top performers. Fresh projects with nimble market caps are evidently the best cryptocurrencies to buy in the current sentiment.
A large part of Galaxy Fox’s funding success comes from its staking rewards. This memecoin as well as being viral and deflationary takes passive income seriously. All $GFOX token holders unlock a highly accessible residual income source.
Stargate, the ecosystem’s rewards hub, accrues 2% of all buy and sell taxes and pays these out to stakers. This straightforward rewards system introduces native yield on a deflationary asset. This phenomenon led analysts to forecast 100X potential for $GFOX in 2024 calling it the top crypto to buy in 2023.
Community members accrue value constantly thanks to the token burn, reducing the total supply of $GFOX. Additionally, skilled players, those capable of ending the season in the top 20% of users, can earn prizes playing Galaxy Fox’s Web3 runner game.
Endless earning potentials, a deflationary asset that generates yield, and a tiny market cap in buoyant conditions. Everything points to $GFOX being highly undervalued, and it easily leads the rankings for the top 10 cryptos to buy now.
Bitcoin ($BTC) Targeting $100,000 Christmas
Liquidity remains incredibly thin on the upside, and Bitcoin has been moving vertically. Markets have processed the capital inflows that a Spot ETF will bring and $BTC is undergoing a drastic repricing. Following the Spot ETF move, the halving will occur, and all of this will happen as Powell gets closer to cutting rates.
Investors should not underestimate how high or fast Bitcoin can move when it wants to. After a prolonged bear market, crypto is finally back in the spotlight, and $BTC continues to dominate assets in year-to-date gains.
Can $BTC cross $100,000 before Christmas? As the GBTC discount narrows and institutional money pushes to get ahead of the ETF approvals, $BTC could move faster than anyone currently expects. The closure of the GBTC discount means spot buying pressure, and TradFi money does not want to be last. Both factors are driving $BTC’s recent climb.
Still the bigger question for investors who want to fully leverage this cycle should be what presales to participate in as the market roars. If Bitcoin does a 2X, smaller projects will 100X.
Closing Thoughts: The Bull Market Has Returned
The bull market is back, and presales present investors who did not buy during the bear market an opportunity to lock in tokens at a discounted rate. Galaxy Fox’s overwhelming early success points to continued momentum, and everybody buying now will be thankful in six months.
Do not let the opportunity to make life-changing wealth in the bull market slip by. Prepare a list of the top 10 cryptos to buy now headed into the bull run and participate in the Galaxy Fox ICO, securing an allocation of a future 100X gem.
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