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The Jupiter decentralized exchange aggregator is expected to launch their token soon, a move that could see the price of $SOL skyrocket. Meanwhile, $GFOX, one of the best altcoins to buy in 2024 is poised for an astronomical surge upon exchange listing.
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$GFOX Will Skyrocket on Retail Listing
$GFOX is the native cryptocurrency of the Galaxy Fox project, a platform designed to offer a unique perspective to the meme coin industry. Driven by a strong mission to proliferate and transform its investors’ lives, $GFOX offers an array of features including a play-to-earn game, staking rewards, merchandise, the coolest NFT collection, and a token burn feature.
Unlike most other meme coins, $GFOX isn’t satisfied with just offering a coin that will have to depend on news, speculation, and the support of its community to excel in the market as is the case with most meme coins including $DOGE and $PEPE. Instead, each of the features on the Galaxy Fox ecosystem is designed to offer immense utility to the platform’s investors, a move that only enhances the appeal of $GFOX as one of the best altcoins to buy.
For example, the play-to-earn game is more than just a digital gaming arena for investors to have fun. It opens up an opportunity for avid web3 gamers to make some money on the side while also enjoying thrilling gameplay.
Additionally, the staking platform on the Galaxy Fox platform makes investing in $GFOX one of the best ways to earn passive income with crypto. Galaxy Fox has set up a stargate that collects 2% of every transaction involving $GFOX tokens. The collected funds are used to create a pool of funds that is then distributed to staked $GFO tokens. This helps encourage loyalty to the program while giving investors a great way to make a side income. It’s a win-win situation for the project and investors.
The rest of the features of the Galaxy Fox ecosystem are just as utility-focused. From NFTs to physical merchandise, each feature is carefully thought through to ensure it brings unique benefits to the investor. Crypto enthusiasts release this, as evidenced by their eagerness to buy into the project. So far, investors have injected a significant $2.79 into the project, and more seem to be joining the platform by the day.
Cryptocurrency analysts have also taken a liking to the project, with most announcing their forecasts that suggest this coin could be the next big thing in crypto. To most of these analysts, $GFOX is a 100X coin that is bound to shoot straight for the moon upon listing and continue to climb up the ladder to become one of the top 10 altcoins.
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Solana DEX Aggregator Jupiter Set to Launch in January
Jupiter, a new decentralized exchange based on the Solana blockchain has announced that it will launch on the 31st of January 2024. The project is currently preparing for the launch, finalizing the last draft of its whitepaper, and preparing to airdrop over 1 million wallets in the first phase.
As part of the launch, Jupiter will airdrop 4 billion tokens which accounts for 40% of the total token supply to its early users. In the first phase, over 955,000 eligible users will receive a whooping 1 billion tokens. This airdrop is aimed at rewarding the early users who have accrued a minimum of over $1,000 in swap volume within the Jupiter protocol by November 2, 2023. The rewards will be distributed per the user’s volume.
The news of Jupiter’s launch has caused a frenzy in the market, with analysts speculating that this event could see the price of $SOL tokens skyrocket. Recently, the rise of $BONK, the first dog-themed dog on the Solana blockchain caused a resurgence of interest in the project, and market analysts are convinced that Jupiter might have the same effect. As it is the largest DEX aggregator on Solana.
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Final Words
Although Solana has always been one of the best altcoins to buy, it is bound to benefit largely from the launch of the Jupiter DEX aggregator scheduled for the end of this month. At the same time, $GFOX, a new market entrance, is set to become a 100X coin upon exchange listing, an event that will see early investors making large sums of profits.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
Source: https://finbold.com/jupiter-dex-token-launch-could-pump-sol-in-coming-weeks-gfox-token-set-to-explode-on-retail-listing/