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The post $XRP Could See $1 Level in January; $GFOX to $5 Million? appeared first on Coinpedia Fintech News
The new year looks to be off to a great start, as many altcoins are exploding by double digits. Despite a lacklustre performance last year, $XRP is among the buzzing top altcoins experts have tipped as a good crypto to buy in 2024. The Top 10 cryptocurrency could live up to this prediction, as it’s already showing signs of a potential big move to the upside. $XRP is poised to hit $1 before the end of this Q1, and its next break-out will put it on course to that price point. It is currently on investors’ radar –as is Galaxy Fox ($GFOX), the new memecoin making waves with its soaring presale.
Galaxy Fox ($GFOX): Innovative Project With Huge Profit Potential
Galaxy Fox is the newest member of the memecoin ecosystem, and the project looks primed to thrive in this competitive ecosystem. It allows users to enjoy the benefits of P2E and the fun of meme coins.
Galaxy Fox introduces a runner game to Blockchain gamers, allowing players to compete with one another and earn Galaxy Fox native currency $GFOX as a reward. The ecosystem will also include an NFT marketplace where users can buy in-game items and trade their $GFOX for NFTs, which can improve game-winning chances. Beyond in-game usage, Galaxy Fox NFTs tend to become one of the most popular NFTs. You can trade them for value on popular NFT platforms.
$GFOX will be a deflationary ERC-20 coin. The project developers aim to make the native currency useful across the web3 space, making it a token with potentially high adoption. $GFOX will have the token burn feature whereby part of its total supply is removed from circulation as the usage increases. This will create rarity and further enhance the value of $GFOX. The meme coin will have a 5 billion total supply, and about 10% will go to ecosystem development, and 10% will go to community rewards, competition, and prizes. In contrast, the larger share will go to the presale.
The meme coin presale is turning heads, causing market observers to call $GFOX one of the top cryptos to watch in 2024. The meme coin could be among the best-performing tokens of 2024 when it finally launches on the retail market.
$XRP Starts the New Year With a Bang
Every altcoin is gunning for a top performance this year, leaving investors with numerous options of the ‘best cryptocurrency to invest in’ currently. Analysts believe $XRP is among the top 5 cryptocurrencies that could make great buys this year, especially during this quarter. The top altcoin has over $33.5 billion market capitalization, ranking it 6th. It was one of the most traded cryptocurrencies by volume last year. This contributes to its value appreciation. The top altcoin could do better this year, and indications show that it’s a good crypto to buy.
Currently, $XRP is trading within the $0.62 – $0.65 market price. The altcoin is on a 7-day downward trajectory, but experts believe the coming days could usher in a reversal. Crypto market analysts expect $XRP to break out from current resistance levels and surge toward $1 within the coming weeks. The cryptocurrency tried within the last month but failed, but it will likely retest the level again soon.
$XRP breaking into the $0.70 price level could be the start of a great surge, eventually leading to teh much-anticipated $XRP boom. The altcoin is eying $1 currently, but market observers are not writing off the possibility of a new all-time high before the year ends.
$GFOX Targets $5 Million in Presale
$GFOX presale is in its 6th stage and has created a great deal of hype in the industry. The meme coin is showing on top investors’ radar, which has helped it to gain major traction. Currently, 87.5% of the total available $GFOX supply for its current stage has been sold, which means it’s heading to the next stage soon. With the impressive rate of progression, $GFOX could likely hit $5 million before the end of its 7th presale stage. $GFOX presale price is expected to increase soon, so joining at this stage is a far more profitable move. So get involved today, while the presale prices are still available.
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter