After posting some scorching returns over the past month, with coins like Chainlink, Avalanche and Solana posting huge gains, the market looks like it’s starting to cool down a bit and catch its breath. RSI is showing way overbought, and prices are hovering precariously above their daily averages.
Whether the near future holds a minor retracement before continuing on its insane run, or a big, fat red candle wiping out most of the past month’s gains, is anyone’s guess. But all short-term technicals currently point to an overheated market, while still confirming the long-term bulls are clearly in the driver’s seat.
So the only question is what to do in these bearish moments? Take profits, sit on the sidelines in Tether and wait? Watch Netflix? Or find another project that’s about to blast off? And most importantly, what’s the best crypto to invest in right now?
Many smart traders are opting for the latter, as evidenced by the success of new memecoin/GameFi contender, Galaxy Fox, which recently crossed the $100K mark in its presale, and only shows signs of heating up further from here.
As more inexperienced crypto investors are buying the blow-off tops of already oversold coins like $LINK, smart money is moving to where the real profits are – which everyone knows is in presale, where you can pick up coins for a small fraction of what average retail investors will eventually pay once the project gets listed on major exchanges, or even DeFi exchanges like Uniswap that allow people to get in early.
Presales are where the real unicorns are found, and it’s a rare chance to gain access to one. Fortunately, Galaxy Fox has opened the doors of its Stage 1 Presale to savvy crypto investors.
P2E meets a memecoin with a mission
Galaxy Fox is a full utility meme coin with a vision to make a lasting and meaningful impact in the cryptosphere, unlike the many flash-in-the-pan, here today, gone tomorrow coins presently cluttering up the memecoin space.
Looking beyond a few top projects like Dogecoin and Shiba Inu, quality and reliability begins to fall off dramatically, taking you into some pretty shady territory. But unlike many cheap memecoin knock-offs, $GFOX has far more in common with leading P2E tokens such as The Sandbox, Axie Infinity, Decentraland, and GALA.
Galaxy Fox is recognized for its substantial growth potential, offering opportunities for holders to earn residual income through staking, P2E gaming, and $GFOX token ownership.
The prize pool consistently rewards top performers and is regularly replenished from the treasury fund. This is a quality project with true staying-power. It also boasts a serious development team, strong community and excellent governance – thus the question what’s the best crypto to invest in right now starts to become clearer.
Built with Ethereum ERC-20 Technology, the Galaxy Fox ecosystem boasts an exciting new web3 runner game. As a player, you can earn $GFOX tokens by achieving top performance in the game. Boosting your chances is possible through the purchase of Galaxy Fox NFTs, each with its unique characteristics, strengths, and weaknesses, offering variety and an edge over your opponents.
Additionally, players can temporarily enhance their attributes, increasing strength, speed, agility, and power by using $GFOX tokens, our native currency, to acquire attribute boosters. These boosters provide a competitive advantage in battles against other players.
At the end of each $GFOX season, which includes weekly and monthly segments, the top 20% of players on the leaderboard will be awarded in game currencies as rewards which can be exchanged for $GFOX tokens. To continuously reward the community, 50% of the funds generated from in-game item sales will be directed to the prize fund, distributed among the top 20% of players, providing the opportunity to earn real money while enjoying the game.
$GFOX NFT Marketplace
Galaxy Fox will be releasing 3000 unique NFTs launching during the presale. NFTs will be available to mint directly from the Galaxy Fox website and can be traded on popular NFT platforms such as OpenSea. The Galaxy Fox NFT collection will include characters from the Galaxy Fox Ecosystem, However, only $GFOX token holders will have access to these rare collectible NFTs.
Conclusion
According to GlobeNewswire, the P2E gaming market has massive potential. In 2021, it was valued at $776.9 million, and it is expected to reach $2.84 billion by 2028. Galaxy Fox taps into this growing industry, positioning itself as a top contender to the likes of Dogecoin and Shiba Inu as it has integrated utility through its P2E gaming ecosystem.
Industry experts have voted it as one of the best ICOs in recent times because of its hybrid model. The project also aims to build an excellent source of passive income with cryptocurrency in 2023 through staking and rewards distributed to top players in the game. So as the market takes a breather, and maybe even a big dump, before setting off on its next leg towards the moon, don’t just sit around on the sidelines asking what’s the best crypto to invest in right now?
Take advantage of a rare chance to be a part of an exciting presale and buy Galaxy Fox before the next pump.
Learn more about Galaxy fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://coinjournal.net/news/as-the-market-takes-a-breather-new-gamefi-contender-galaxy-fox-pumps-in-presale-mode/
