$STX, $GFOX and $MKR Still Pumped During the Alt Bloodbath

The road to the bull market and new ATHs was never going to be easy. Volatility has always been part and parcel of the crypto game, and the weak hands will be washed out of markets. Holding spot and avoiding leverage is the way to ensure investors do not get wiped out before the real party begins and frontrunners are already emerging.

Buying relative strength has proven effective in all markets following the traditional adage of ‘Winners, Average, Winners.’ Stacks ($STX), Galaxy Fox ($GFOX), and MakerDAO ($MKR) were the only survivors as alts see bloodbath, and this makes them clear contenders for the best cryptocurrencies to buy before the real bull mania erupts. 

Galaxy Fox ($GFOX) Next-Gen P2E Protocol

Galaxy Fox promises a new generation of P2E protocols and is launching at the right time. It will go to market as the revitalization of P2E projects takes place, and GameFi becomes the increasingly dominant narrative. These coinciding external market factors already make it a top crypto to invest in.

This protocol is changing the classic P2E model, which has always centered on large rewards for the few. Galaxy Fox’s classic runner game does pay out rewards to the top-ranked players and opens up the playing field with its NFT collection that grants holders in-game stat bonuses. But the real change comes from its staking rewards program.

Galaxy Fox opens fair and unfettered access to ecosystem growth through the Stargate module. Stargate, funded by buy and sell taxes, pays out rewards to all $GFOX stakers and allows them to own a piece of this galactic protocol. As the ecosystem expands, economic activity will rise and generate greater staking payouts.

On top of this next-gen P2E model, $GFOX has integrated tokenomics from the memecoin genre, including an ongoing token burn that permanently removes tokens from circulation. As demand shoots up in the bull market and supply decreases, markets will rapidly force price upwards. 

Stacks ($STX) DeFi On Bitcoin

Bitcoin ($BTC) is leading markets. It is sucking all the air out of the room save for a few special altcoins, which are naturally the best cryptocurrencies to buy with their ability to perform on equal footing. Stacks has been rallying hard, and it is a perfect $BTC beta play.

It enables smart contracts on Bitcoin and integrates $BTC into DeFi applications. All transactions made on Stacks settle on Bitcoin, and unlocking DeFi use cases for the inordinate amount of wealth stored on the Bitcoin blockchain is a winning proposition.

Stacks’ symbiotic nature with Bitcoin makes it one of the top cryptos to buy right now as $BTC rallies. It builds on crypto’s most secure network and introduces a new programming language for the space’s oldest asset. Anybody bullish on $BTC should similarly be bullish on $STX.

MakerDAO ($MKR) RWAs Paying Interest

MakerDAO is responsible for minting the decentralized stablecoin $DAI, and its primary mode of income was always fees charged for the opening and closing positions. But MakerDAO has come a long way from the early days when $DAI was almost entirely collateralized with $ETH. Instead, it leaned into the RWA narrative last year.

A huge percentage of collateral for $DAI is now treasuries. As well as being a highly liquid asset, they pay interest payments to holders. And for MakerDAO, which holds massive amounts of these US debt instruments, the payments are nothing to sniff at.

Payments from the United States government have enabled MakerDAO to reboot its buyback and burn program. Regardless of market conditions, buy orders are hitting the books for $MKR, which is then removed from circulation.

Closing Thoughts: Altcoin Season Loading

Always buy strength because the winners keep on winning. Bitcoin has dominated markets for weeks, and although it still has plenty of gas left in the tank, the next capital rotation will be into altcoins. An altcoin season is coming, and the best cryptocurrencies to buy before it arrives are those displaying relative strength. Projects like $STX, $GFOX, and $MKR.

Galaxy Fox’s value proposition shines through even against its formidable competitors, and the stars have truly aligned for this protocol. Take part in the presale today and get an early allocation in a 100X gem before the GameFi cycle starts! 

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