Bitcoin ($BTC) will always be the market leader. When it moves, it opens up the path for altcoins to run. When $BTC moves aggressively, altcoins have an enormous runway to make dramatic rallies. Riding the $BTC wave, Bitcoin Cash ($BCH) hits 40% weekly returns, and memecoins like Galaxy Fox ($GFOX) are ready for a price explosion.
As the bull market advances, investors want to be looking outside of the top 10 crypto coins and taking positions in altcoins. When everything is going up, the best plays are those outside the mainstream just before they break through.
Bitcoin Cash ($BCH): Up 40% Weekly
Bitcoin Cash is often forgotten, but investors have recently paid more attention because $BCH has been one of the best-performing assets outside the memecoin space. $BCH is the result of the block wars in the Bitcoin space. Bitcoin Cash has larger blocks and is more scalable. It is better suited to payments, whereas the original Bitcoin is a better store of value.
Like $BTC, Bitcoin Cash has a programmed halving event, which fueled its 40% spike last week. Soon, in roughly a month, the $BCH issuance rate will be cut in half, and if demand remains constant while supply declines, the price will only have one direction to move in.
Additionally, Bitcoin Cash’s association with $BTC makes it an obvious beta play. Many investors looking to increase their returns long $BCH in lieu of $BTC, given they trade in the same direction. As the halving gets closer, Bitcoin Cash is easily a top crypto to buy.
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Galaxy Fox ($GFOX): Price Explosion Coming
Galaxy Fox’s retail launch will occur soon, and a massive price explosion is coming. $GFOX is a project for on-chain investors that rests way outside the top 10 crypto coins. And this is precisely why it promises huge returns.
The massive success of this presale and its ability to raise funding and generate early momentum indicate a bumper price discovery phase. But even early investors are not ready for this price action. Galaxy Fox’s hybrid model that blends the best of the play-to-earn and memecoin genres locates the $GFOX token in two of 2024’s strongest narratives, and its $4 million market cap can quickly teleport way higher.
The play-to-earn component is an endless runner game with a classic Web3 twist. At the end of each season, the top 20% of the leaderboard earn prizes, and those holding NFTs gain in-game stat bonuses. Gaming acumen translates into cash. But the earning does not stop here, and Galaxy Fox has introduced staking rewards.
Galaxy Fox’s token burn ensures a deflationary supply, and the implementation of taxes to fund staking payouts means no net new emissions. Post-launch, the supply will be down only, and earning on a deflationary asset catapults $GFOX into the top 5 cryptos to invest in now.
Closing Thoughts: Market Repricing Loading
A market-wide repricing event is coming, and anybody holding gems outside of the top 10 crypto coins will be the largest beneficiaries. Risk appetite is growing, and investors want to arrive further out on the risk curve before others. Bitcoin Cash looks strong headed towards its halving, but Galaxy Fox is in a league of its own when it comes to ROI potential.
Last cycle, play-to-earn projects, and memecoins reached multi-billion dollar valuations comfortably. $GFOX’s current market cap stands at $4 million. Imagine the whooshing sound and wealth creation as it catches up. Join the presale today and get a front-row seat for the coming price explosion.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
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