Old tokens are starting to crawl out of the woodwork – a sure sign that the bull market is back. A fresh round of speculation washes over markets, and giants from the past are starting to pump. The Bitcoin Cash halving is coming soon. Will $BCH pump? New tokens are stealing the spotlight, and gems like Galaxy Fox ($GFOX) are ready for retail launch. Could it be the best cryptocurrency to buy now? Here’s why you should be paying attention.
Bitcoin Cash ($BCH): Less Than 40 Days Until Halving
Bitcoin Cash resulted from a hardfork following a squabble in the Bitcoin ($BTC) community centered around block size. The idea was that if block size was increased, more data could be handled, and the network would be more scalable. In essence, it would be more suited for faster and smaller payments. Bitcoin held onto the role as a store of value, and Bitcoin Cash set out to become a medium of exchange.
The inevitable outcome was a massive accrual for $BTC while $BCH fell by the wayside and has long since dropped out of the top ten cryptocurrencies. But given how early it was, it has accrued a staggering amount of value and still has a $5 billion-plus market cap. Up over 10% in the last week, and with enormous on-chain transactions, could whales be betting on a further rally?
One on-chain sleuth, Whale Alert, recorded a massive transaction of 235,300 $BCH (roughly $63 million) on February 26th. Why would they move such a huge volume of funds? Speculation arose, and given that the halving, which will reduce Bitcoin Cash’s issuance rate from 6.25 to 3.125 per block, occurs in less than 40 days, this whale could be forecasting future upside.
Galaxy Fox ($GFOX) Ready For Retail Launch
Galaxy Fox is gearing up for its retail launch, and broad consensus is that this small-cap will surprise even early participants with its post-launch performance. But does it deserve the title of best cryptocurrency to buy now? A look at the tokenomics, ecosystem, and rewards system screams yes.
Staking rewards are a big part of this ecosystem. Any $GFOX holder can head to the Stargate module to begin earning, and these payouts are directly correlated with ecosystem activity. How? Galaxy Fox has introduced a unique taxation system to fund its stakeholders. This comes with another massive net gain. There will be no inflationary issuance of $GFOX tokens, and stakers are earning native yield on a deflationary asset. The token burn ensures this decreasing supply, and post-launch when a falling supply meets rising demand, the price will inevitably be pushed up. This dual value accrual approach makes $GFOX an ideal crypto for beginners.
Galaxy Fox’s endless runner is another big feature, and this P2E component makes $GFOX a pioneer in introducing a P2E/ memecoin hybrid. Uniquely situated in the GameFi and memecoin narratives, they fuel Galaxy Fox’s early rampant success. With $3.6 million raised and the presale already 95% sold out, the window to join before launch is closing faster than you can imagine.
Closing Thoughts: $GFOX Approaching Retail Launch
Bitcoin Cash, approaching its next halving event, is exciting for long-term holders. But its upside potential can’t shine a candle to Galaxy Fox. This $3 million market cap token has plenty of room to run. Multi-billion dollar valuations become the norm for projects in a bull market. It is easy to see why $GFOX is called the best cryptocurrency to buy now.
Get in before $GFOX heads to the open market by participating in the presale today. This exciting journey has only begun, and $GFOX is still majorly undervalued.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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