After two crippling years of bear market blues, crypto has finally entered its pre-bull market phase. Bitcoin’s ($BTC) current price levels will soon be a thing of the past, and investors will kick themselves that they did not buy more. The sheer number of crypto-native bullish catalysts driving the market is astounding. And investors aren’t ready for what happens when Powell cuts rates.
The name of the game is finding the gems before everything goes wild. Galaxy Fox ($GFOX) has emerged as one of the most successful ICOs, and this new coin might surge 100X and pass Shiba Inu ($SHIB) by 2024. Certainly one of the top 5 cryptos to buy now, but could it be 2023’s best performer?
Galaxy Fox ($GFOX) P2E Meets Deflationary Tokenomics
Galaxy Fox has begun its journey to becoming a household name and shocked investors and experts with its rapid success in its presale. This play-to-earn token rushes toward $300,000 while still in its initial phase.
But what makes $GFOX a 100X gem, and why do experts believe it could pass Shiba Inu in 2024? The answer has many moving parts, but broadly speaking, Galaxy Fox represents a new generation of protocols that have learned from their predecessors.
At the heart of the ecosystem is a classic runner game, which acts primarily as an interest funnel into the broader ecosystem. The top-ranked players win prizes each season and can upgrade their in-game stats by purchasing an NFT or using $GFOX tokens.
But the ecosystem built around this runner game makes $GFOX a top crypto to invest in this cycle. Its proactive approach to growth is particularly impressive. The Treasury receives 2% of all buy and sell taxes and uses these to fund marketing efforts and community initiatives. And it is one of the first examples of a protocol coding in a budget for marketing.
As markets grow increasingly bold a dedicated marketing budget will separate $GFOX from its competitors. Additionally, the tokenomics model is a masterclass in value accrual. The token burn removes tokens from circulation, and the Stargate module allows investors to earn a yield on this deflationary token.
Located in the center of the GameFi narrative, Galaxy Fox has all the hallmarks to deliver high-octane growth and well deserves its listing as one of the top 5 cryptos to buy now.
Shiba Inu ($SHIB): Can it Maintain its Place as Number 2
Shiba Inu has been garnering attention recently due to staggering on-chain data showing a considerable uptick in active addresses on Shibarium- the protocol’s native layer two. The $SHIB burn rate has also shot up after a recent slump. Increased user activity and greater deflation spell a perfect recipe for growth.
Heading into 2024 will be the second time that Shiba Inu has experienced a bull market, and experts remain cautious as to whether it will retain its second place. Shiba Inu has several advantages, most notably ease of access, due to being listed on almost every major exchange. But is it one of the top 10 crypto coins to buy today?
Analysts remain heavily overweight on new protocols that have yet to experience a bull market like Galaxy Fox due to fewer bagholders and, most importantly, smaller market caps.
Closing Thoughts: $GFOX Holders Need to Strap in
Galaxy Fox has all the trappings of a 100X gem, and investors who already have an allocation are leagues ahead of the rest of the market. Soon the window will close to purchase $GFOX at the lowest possible price, and investors should take advantage whilst they can.
This coming bull run will blow most investors’ minds, and participating in presales during the pre-bull market phase is how whales are born. Already listed as one of the top 5 cryptos to buy now and still with a sub-one million market cap, Galaxy Fox is the hottest presale to join today.
Learn more about $GFOX here:
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