Investors are continually on the hunt for the newest and biggest developments in the crypto sector. More and more new initiatives are appearing, each claiming to be the next game-changer as the industry expands. This article will look closely at five alt coins to watch this December: Galaxy Fox ($GFOX), Kaspa ($KAS), Hedera ($HBAR), NEAR Protocol ($NEAR), and Immutable ($IMX). These projects offer unique benefits and features that could translate into massive ROI in the coming months, so let’s explore them further.
What you'll learn 👉
Why Is $GFOX the Best ICO Crypto This December?
Participating in presales, which allow investors to buy tokens before they are posted on exchanges, is a popular way investors may get in on the ground floor of the new initiatives and earn big in the future. While this is often associated with risks, you can always identify the project’s credibility through its team, community, audit, KYC, roadmap, whitepaper, and many other details. The new ICO crypto, Galaxy Fox, is successfully meeting this criteria, raising many’s hopes. So, what is $GFOX?
Have you ever heard of a pay-to-earn NFT-based meme coin that also lets you stake coins in a pool and earn rewards? Probably not, because this innovative concept that rewards its community at every step is solely offered by Galaxy Fox. $GFOX, an Ethereum-based, hyper-deflationary token, is the native coin of the Galaxy Fox ecosystem and plays a crucial role in its functioning.
Web3 runner game is the fundamental concept of the project, where players can compete and gain real-world rewards in the $GFOX token. Players are rewarded from the prize pool, which is funded by the in-game asset purchases – 50% of these funds are distributed to 20% of the players at every gaming season, while the other 50% is invested in the project’s development. So, whatever you purchase to boost your game avatar can be returned to you as a reward. This self-sustainable ecosystem guarantees community engagement and long-term growth.
Another approach that rewards $GFOX investors is staking. Every time a transaction happens, 2% of its total value automatically flows into the Galaxy Fox Stargate. This Stargate is the core distribution center for rewards to all staked $GFOX tokens. It constantly refuels the ecosystem, keeping the Galaxy Fox community engaged and passionate. Holders who stake their $GFOX tokens get a share of the Stargate’s rewards over time, proportional to their stake.
Now, let’s talk about the ICO phase of the project. Notably, $GFOX is already audited and KYC-verified, while its ICO started only a few weeks ago. Also, the project has already built a strong and active community across many media platforms, Telegram, Twitter, Discord, and more.
Additionally, the $GFOX team divides the presale stage into ten separate stages. At each stage, the $GFOX token price rises, eventually reaching $0.002904. Considering the current price is as low as $0.00066, first-stage investors can easily secure 450% ROI, phenomenal and unseen in other projects.
Overview of Kaspa ($KAS)
Kaspa, a digital ledger technology, is famous for its unique blockDAG structure, which allows multiple blocks to exist at the same time.
Kaspa’s main feature is the GHOSTDAG protocol. This protocol enables managing and processing multiple blocks simultaneously, boosting security and speeding up transactions.
In the past month, Kaspa’s price has jumped by 200%. This increase came after news about possible growth in Bitcoin cloud mining and its addition to the OKX wallet. There’s also excitement about an upcoming airdrop event. Looking at all this, the outlook for $KAS looks pretty bright.
What is Hedera ($HBAR)?
Hedera Hashgraph is a famous layer 1 network in the blockchain industry, known for its high-speed transactions and low costs. Leading tech companies like Google and IBM govern it, providing a powerful platform for developers. This includes the Stablecoin Studio, a tool for building stablecoin applications. Recently, Hedera’s performance has been impressive, with a 45% rise since its lowest level in October.
Hedera’s recent success originates from the crypto industry’s positive trend and SaucerSwap’s growth, a key DEX in its ecosystem. The new SaucerSwap V2, offering lower fees and slippage, has boosted trading and liquidity. This, combined with the market’s recovery, has significantly uplifted $HBAR’s price and optimism.
Analyzing NEAR Protocol ($NEAR)
Among the most interesting alt coins to watch now is NEAR Protocol. NEAR Protocol is a blockchain platform designed for scalability and ease of use. Like many altcoins, $NEAR has performed well during the current bullish trends. Also, the addition of $NEAR to Binance Japan’s list of 13 new coins has increased its visibility and accessibility to more investors.
$NEAR’s technology itself is known for its unique sharding mechanism that offers high transaction speeds and low costs. This makes NEAR Protocol an attractive option for developers and users seeking efficient blockchain solutions.
The Future Potential of Immutable ($IMX)
Immutable X is a blockchain platform focused on gaming and NFTs, gaining attention for its recent partnership with Ubisoft, a major game developer. This collaboration has caused a significant increase in $IMX’s value, with a 40% rise in just a week following the announcement. Immutable X stands out by catering exclusively to the gaming and NFT market, attracting projects from other chains, such as those migrating from Terra and Polygon.
The platform’s native token, $IMX, has seen varied price predictions for the coming years. While some forecasts are bullish, predicting substantial growth, others suggest a more modest performance.
Bottom Line
Investing in crypto gems at the early stages of a bull run is easily the most rewarding experience, but identifying ones is not always that easy. While all five cryptos discussed in the article are top alt coins to watch in the current crypto market, investors’ attention is mainly drawn toward Galaxy Fox. This new gem is just getting started, with $160K already raised in the first few days of existence. So, check out while it’s still early, join the community, and learn more about $GFOX to make the right choices.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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