NFT trading volume has approached $1 billion — yet another classic sign that markets have flipped bullish. Appetite for long-tail risk assets hints at future expected upside, and in 2024, investors will have wished that they’d bet bigger this year.
As the bull market heats up for memecoins and more risk-on altcoins, where should you invest for the biggest gains? Further up the risk ladder. Small caps and NFTs will print the greatest returns and are leveraged exposure to crypto assets’ broader growth. Galaxy Fox ($GFOX) offers both, and this hot ICO could easily be the best cryptocurrency to buy now before the mania season starts.
Galaxy Fox ($GFOX) Cruises Past $650,000
Galaxy Fox has pushed past $650,000 and continues raising funds at a staggering rate. This play-to-earn token offers a clear reminder of why crypto investors need to know how to buy new crypto before listing and how profitable small-cap gems will be in this bull market cycle.
The GameFi narrative has become one of the largest expected growth verticals in the next twelve months, and Galaxy Fox’s Web3 runner puts it at the center of this narrative. Implementing a classic financial incentive the protocol pays prizes to the top-ranked players each season. But $GFOX has been dubbed one of the top cryptos to buy right now because of its ecosystem implementation.
Instead of earning being reserved for only the top players- the classic trope of the majority of P2E projects. All $GFOX token holders earn, and the provision of staking rewards via the Stargate module has analysts forecasting $GFOX making an explosive 3,900% rally before the end of the year, followed by a potential 100X rally in 2024.
Stargate accrues 2% of all ecosystem transactions and pays these out to stakers. The simplicity of residual income in the Galaxy Fox ecosystem has played an oversized role in its early momentum. And the protocol’s burning campaign additionally means that these rewards come in a deflationary asset!
The NFT marketplace allows users to trade their NFTs, and everyone holding one of the protocol’s 3,000 NFTs will gain in-game stat bonuses, increasing their chances of winning the seasonal prize pool. Tying together NFTs, memecoin virality, and providing passive income are just some of the reasons $GFOX is the best cryptocurrency to buy now before the mania of 2024.
Presale Stage 3 Begins
Galaxy Fox’s early success in building momentum cannot be ignored. Unprecedented growth in the initial stage saw a 30% price increase for users, and those fast enough to enter stage 2 similarly saw another price leap. The third stage has begun, but with Galaxy Fox’s pace, who knows how long it will be until stage four begins.
Moving fast has always been rewarded in crypto markets, and ICOs take this concept to the extreme. Getting early allocations in presales remains crypto’s greatest wealth-creation vehicle, and Galaxy Fox is no exception.
Closing Thoughts: Adopt Bull Market Bias
After two years of down-only price action, many investors have settled into a bearish bias, expecting heavy pullbacks. Investors need to shake this off and adopt a bull market bias. This rally will be painful for anybody holding stablecoins. With the largest demand catalysts (Spot ETF & Halving) arriving in several weeks and just months apart, there has never been a better time to buy.
Galaxy Fox’s success to date shows how much higher this memecoin wants to climb. Its location in the GameFi narrative, natural virality, and deflationary tokenomics model make it the best cryptocurrency to buy now for anybody who wants to turn a four-figure portfolio into a six-figure beast.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
The post As The Bull Market Heats Up Memecoins, Where Should You Invest For The Biggest Gains? appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/as-the-bull-market-heats-up-memecoins-where-should-you-invest-for-the-biggest-gains/