The cryptocurrency market has had a bumpy start in 2024. However, Tron ($TRX) has been one of the best altcoins, defying the overall bearish trend in the crypto market. Following a surge above the $0.1200 support level, $TRX appears poised for a price breakthrough.
Galaxy Fox ($GFOX) is another popular altcoin that has gained traction in the cryptocurrency industry. Galaxy Fox emerged as one of the best ICO presales of 2024, selling out the first seven stages in record speed as it prepares to enter the eighth stage. Continue reading to learn about these interesting developments.
What you'll learn 👉
Tron ($TRX) Reclaims $0.1200, Readies for a Price Breakout
Tron ($TRX) has been one of the best altcoins over the last few years. $TRX has been one of the least volatile altcoins, consistently trending upwards. In a recent report, Messari stated that the Tron network has been growing in tandem with the TRX price rise.
In the report, Messari stated that the Tron network grew by a remarkable 11% in the last quarter of 2023. In addition, stUSDT on the TRON Network became the second-largest RWA protocol, accounting for more than $2.2 billion in USDT. The total number of accounts on the TRON network also surged past 209 million to begin February.
As a result of its impressive network, the $TRX coin has demonstrated incredible strength by rising during a volatile market. TRON has gained over 90% over the past year. Even during the last few weeks, which have been bearish, the price of Tron has increased from $0.106 on January 24 to above $0.120 in February.
The rise above this support level puts $TRX in a great position for a price outbreak. From its current trading range of around $0.120, the Tron coin could experience a potential 50% price surge, making it one of the best crypto coins to invest in. If this happens, $TRX could trade as high as $0.18 in Q1 and become one of the top 10 altcoins.
Galaxy Fox ($GFOX) Prepares for Eighth Presale Stage Amidst Surging Interest
Throughout 2024, Galaxy Fox ($GFOX) has been one of the best altcoins to buy. From an initial price of $0.00066, $GFOX has pumped to $0.00198, an increase of 200% for the ERC20 coin through the first seven stages of its presale.
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Show more +In the process, Galaxy Fox has raised over $3.2 million, making it one of the best ICOs in 2024. As this new ICO crypto prepares for its eighth stage, the price of $GFOX will increase by another 10% to hit $0.002178. While Galaxy Fox has been a very profitable project, it is its uniqueness that has captured the attention of the crypto community.
Galaxy Fox has gained attention for leading the next generation of meme coins. Doing away with the narrative that meme coins are valueless, the Galaxy Fox team has put together an exciting blockchain gaming ecosystem. The Galaxy Fox ecosystem consists of an immersive peer-to-peer game, an NFT marketplace, some of the coolest NFT collections, and a merchandising store.
The ecosystem is designed to encourage interaction and community engagement. Users are thus rewarded for contributing to the ecosystem. To address the supply issue that plagues meme coins, the project was designed using a better tokenomics approach. While Dogecoin has an infinite supply, there will only ever be 5 billion $GFOX tokens supporting token burning.
Already, 2.59 billion tokens have been sold off, ensuring the decentralization of the project. To ensure the project’s long-term stability, 10% of all $GFOX tokens will be put into a liquidity pool, making it one of the best altcoins to buy.
Closing Thoughts
The signals shown by TRON could see the altcoin record major gains in the coming weeks. Meanwhile, Galaxy Fox continues to captivate the crypto community with its outstanding new concept. With only one stage left, now is the best time to join the Galaxy Fox project before its projected 50x price surge.
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
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