Galaxy Fox surpasses $100,000 in phase 1 pre-sale

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Meme coins are popular not only because they’re among the best cheap crypto to buy right now, but also due to their fun and lighthearted nature. Drawing inspiration from popular culture, they’re a product of their time – indicative of a specific trend or meme that gained traction when they were created. They’re unapologetically made: attention-grabbing, tongue-in-cheek, and sometimes, downright silly.

This is not to say, though, that meme coins aren’t enduring digital assets. On the contrary, many have proven to be resilient and are still very much alive today. The combination of fun and utility is a winning formula, and has led to the creation of other promising meme coins, such as Galaxy Fox ($GFOX). Let’s take a closer look at this project and why it’s destined for success.

Galaxy Fox’s ($GFOX) Impressive Presale Performance

Galaxy Fox ($GFOX) is a decentralized (DeFi) project that aims to go beyond the typical meme coin model by introducing unique elements to its ecosystem. It’s a new breed of meme coin that takes its cues from its more established predecessors, like Dogecoin ($DOGE) and Shiba Inu ($SHIB), while also going head-to-head with known P2E (play-to-earn) tokens such as Axie Infinity ($AXS) and The Sandbox ($SAND). It combines the best features of these projects to create a platform that enables users to earn $GFOX – its native currency – through various means, most notably through P2E gaming.

The novelty of Galaxy Fox is its strongest asset, and it’s clear that it has resonated with many investors. So far, the project has already raised more than $100,000 during the first of the ten stages of its presale. This is equivalent to more than 150 million $GFOX tokens sold – an impressive feat that establishes Galaxy Fox as one of the best cheap crypto to buy right now because of its potential to provide a 5.5x return on investment to early adopters. 

The $GFOX presale is still ongoing, with each token offered at a discounted price of $0.00066 for stage one. This figure will increase with each subsequent stage, finally reaching $00.264 at stage ten and $0.002904 upon launch. If you’re looking for good crypto to buy now, Galaxy Fox is one of your best options because of its low price and high potential.

Why Galaxy Fox ($GFOX) is Set to Skyrocket

Galaxy Fox ($GFOX) is a newcomer in the crypto space, but many have placed their bets on it – including industry insiders, beginner crypto enthusiasts, and seasoned traders and investors. Here are some of the reasons this project is destined to be unstoppable: 

  • Unique P2E Gaming System: At the heart of the Galaxy Fox ecosystem is a web3 runner game that you can play to earn rewards convertible to $GFOX. Top performers at the end of each season will receive a share of the prize pool, which is partially funded by 50% of the revenue from in-game sales.
  • Valuable NFT Collectibles: Non-fungible tokens or NFTs are more than just items that can be collected and traded – they also serve as a way to boost character attributes in the game. This means that you can climb the leaderboards and, consequently, earn more rewards by acquiring Galaxy Fox NFTs.
  • Deflationary Tokenomics: Galaxy Fox ($GFOX) employs a “token burn” mechanism that removes a certain number of tokens from circulation with each transaction. This can help $GFOX retain and even increase its value over time.
  • Attractive Staking Program: Aside from playing the Galaxy Fox game, you can also earn rewards and grow your $GFOX holdings by staking your tokens. 2% of the taxes and royalties collected for buy and sell transactions are directed to a staking pool that’s distributed proportionally across staking participants.

Bottom Line

What is the best crypto to buy? The answer largely depends on your risk tolerance, investment goals, and financial situation. Apart from these, though, it’s also worth looking into a coin’s current price, present and projected performance, and the project behind it before coming to a decision. Galaxy Fox ($GFOX), as it stands, is the best cheap crypto to buy right now because of its distinct features, strong fundamentals, and growth prospects.

Learn more about Galaxy Fox ($GFOX) here:

Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter 

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


Source: https://en.cryptonomist.ch/2023/11/21/galaxy-fox-surpasses-100k-stage-1-presale/