December Deals: Buy These 5 Coins and HODL for Solid Returns!

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From the early days of crypto, hanging onto your assets during market fluctuations, or “HODLing,” has proven to be a smart strategy, especially when it comes to quality projects. In this strategy, finding the right coins is the most important, as not all can survive the market’s harsh conditions and rise in the long run. 

In this article, we’ll look at 5 projects that are notable for their potential in December: Galaxy Fox ($GFOX), Dogecoin ($DOGE), Avalanche ($AVAX), Polkadot ($DOT), and Cardano ($ADA). Many consider these five to be the best altcoins for 2023, so let’s take a look at why.

Galaxy Fox Leading the Market

Galaxy Fox is a game-changer newcomer in the cryptocurrency scene. This unique ecosystem, built on the Ethereum blockchain, blends gaming, staking, decentralized finance (DeFi), and non-fungible tokens (NFTs) into a cohesive and entertaining platform. But what is it about $GFOX that appeals to investors this month, in particular?

First off, with over $850k raised in only a few short weeks, its market performance has been quite impressive. The Web3 running game on the platform is a profitable as well as enjoyable endeavor. Weekly or monthly gaming seasons award the top 20% of players from a prize pool that is financed by in-game purchases. This keeps the project’s growth funded indefinitely while also encouraging player interaction.

Moreover, investors find Galaxy Fox’s staking program to be a compelling feature. The Galaxy Fox Stargate reward pool receives 2% of all transaction fees, which promotes long-term holding and gives the investment more stability. 

For prospective investors, however, Galaxy Fox’s presale plan may be the most intriguing feature. With a staged method that guarantees a 5.5x rise in total, the presale of this new ICO crypto provides early funders enormous benefits. 

Investors are experiencing a strong feeling of urgency to participate early and take advantage of these chances since the project is presently in its third presale phase.

>>BUY $GFOX TOKENS<< 

Dogecoin ($DOGE)

Dogecoin, with its humorous origins, has certainly made a mark in the crypto market. Its recent developments, including the NTIA’s certification for the DOGE-1 Satellite’s X-Band frequency, signal a maturing landscape for $DOGE. This news has helped $DOGE reach $0.1 this year’s highest. 

However, its inherent volatility and inflationary nature, coupled with a lack of significant internal developments, are factors that investors cannot overlook when choosing $DOGE among the best altcoins for 2023.

Avalanche ($AVAX)

Avalanche is recognized for its high performance and environmentally friendly approach, featuring quick transaction speeds and low costs. Its unique consensus mechanism offers scalability, appealing to a broad audience of developers and investors. 

Like most altcoins, Avalanche performed great during this Bitcoin rally. Its price recently reached $35, which is the highest mark in 2023, and promises a lucrative future.

Polkadot ($DOT)

Polkadot’s standout feature is its interoperability, connecting multiple blockchains into a single network. This fosters smoother communication and enhances scalability. As Polkadot continues to attract a growing community, it’s evident that its focus on a connected blockchain network is significant. 

After its great bullish run, $DOT has dipped a little, dropping from $7.2 to the current $6. However, the analysts remain optimistic, and many choose $DOT to diversify their portfolio.

Cardano ($ADA)

Cardano’s research-driven approach to blockchain technology, especially its commitment to sustainability and proof-of-stake protocol, marks its significance in the crypto world. With ongoing updates and improvements, Cardano is a solid choice for investors who value a methodical and scientific approach. 

It should be noted, though, that many think that $ADA is a bit overvalued compared to other smart contract blockchains. It has limited utility and is a little unfinished product, while its competitors have more development and usage. This has been a huge factor preventing $ADA’s growth. Its price currently ranges around $0.56, and while not much significant boost is expected in the coming years, $ADA can still be a stable choice to HODL.

Summary

When choosing a crypto to HODL, the first thing you need to look at is its future growth potential. In this regard, Galaxy Fox promises the biggest returns in the shortest amount of time. Its presale is definitely not one to miss, so when searching for the best altcoins for 2023, make sure you put this ERC-20 coin on your list. It just might be the biggest gainer in the coming months. 

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

*This article was paid for Cryptonomist did not write the article or test the platform.