Bitcoin ($BTC) has been flying, and it is staggering to see an asset of such magnitude climb so rapidly. The ETF approval highs have already been broken, and calls are being made for six figures this year. $60K Bitcoin incoming before Q2?! Is Bitcoin about to test ATH?
Investors are racing to find the best cryptocurrencies to buy, and Galaxy Fox ($GFOX), a new memecoin ICO, is about to scorch retail. Investors who did not buy six months ago need to take the plunge sooner rather than later. The absolute worst scenario to be in is sidelined as markets break ATHs and retail comes flooding in before the true blowoff top.
Bitcoin ($BTC) Ready To Test ATH Before Year End?
Bitcoin has been enjoying TradFi money. Spot ETF issuers already hold more than 3% of the circulating supply, and BlackRock’s Bitcoin ETF has become the most successful ETF product of the past three decades. Bitcoin has already broken year-to-date highs; the next target is $60,000. If $BTC can push past this level, ATHs will be broken fast.
2024 is an election year, typically great for stocks, and the supply shock meme is real. Spot ETF issuers have been buying up more $BTC than miners are producing. This imbalance between supply and demand naturally drives prices up. And this dynamic will only grow more accurate when issuance gets slashed during the halving, which is only two months away.
Bitcoin holders are in for a bonanza year, and $BTC is going to trade at a six-figure valuation this cycle. The digital era’s store of value and easily one of the top cryptos to buy right now.
Galaxy Fox ($GFOX) Coming In Hot $3.3 Million Raised and Climbing
Galaxy Fox is preparing to melt faces, and this nascent ICO has gone from being relatively unknown to a top crypto to invest in this quarter within several weeks. The proficiency an ICO displays in building early momentum is the most significant indicator of its future performance. Galaxy Fox’s staggering ability to sell over 2.6 billion tokens and raise over $3.3 million in several weeks speaks volumes.
Still massively undervalued and yet to launch on the open market, this memecoin/play-to-earn (P2E) hybrid will give outsiders a rude lesson in how quickly a small cap can climb in bullish sentiment. But why is $GFOX hailed as a leader among the best cryptocurrencies to buy now?
Galaxy Fox has an excellent user acquisition model, and its underlying tokenomics model is superb. Users arrive to compete in its Web3 runner game, with the top-ranked players earning prizes at the end of each season. And they stay for all the earning opportunities. The token burn indirectly accrues value for all holders, and staking rewards unlock straightforward passive income for any $GFOX token holder.
$GFOX’s total supply will constantly decline post-launch thanks to its token burn and the ingenious use of taxes to fund staking rewards. Stakers will be earning yield on a deflationary asset, and payouts will increase as the ecosystem expands. Expect a massive spike in demand for $GFOX ownership, and with a declining supply the effect exerted on price will be even more dramatic.
$BTC may well hit ATHs by the year’s end, but $GFOX has the potential to hit 100X and then some from its current valuation.
Closing Thoughts: Small Caps Poised To Boom
Bitcoin continues to perform incredibly, and markets still have two months until the halving. But small caps are the real gems to focus on and the best cryptocurrencies to buy. $ETH has an ETF upcoming, and when the same ETF trade plays out again, altcoins will go ballistic.
Galaxy Fox, at its current valuation, is a steal, and anybody who wants to join this 100X journey can participate in the presale today. Imagine your portfolio in six months from now if you add $GFOX today!
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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