Recently, the crypto market took a nosedive because of some news from Matrixport analysis, raising concerns about the approval of a Bitcoin Spot ETF. This caused many popular alternative cryptocurrencies to retract their steps, but experts think this downturn will likely be short-lived. They predict that several cryptos will bounce back stronger, reviving the enthusiasm for their upward trends. $MATIC is one of the coins expected to make significant gains.
Despite the overall market decline, the $GFOX presale is maintaining an impressive pace. The presale token recently surged past $2.3 million and seems poised to reach the next significant milestone. Market watchers view it as a reliable choice amidst this uncertain market phase, suggesting it’s one of the top cryptocurrencies to consider investing in right now.
Galaxy Fox
Galaxy Fox is introducing GameFi features to meme tokens, aiming to make its own $GFOX more popular and important. Galaxy Fox wants $GFOX to be a key token in Web3. Although it’s a meme project, it plans to use gaming features to benefit from the good things happening in the gaming sector.
They’re making a game where players race each other on the Ethereum network. You can earn $GFOX by playing well and being in the top 20%. Winning in Galaxy Fox needs skills and in-game stuff to improve your chances, the kinds of stuff that can be bought with $GFOX.
Also, Galaxy Fox NFTs are super important in the game. They don’t just make the game better but can also be sold for real money. Only 3000 of them will exist, and experts think they’ll become very valuable as Galaxy Fox grows. The $GFOX coin is also expected to become even more valuable than these NFTs.
$GFOX is an ERC-20 token and one of the most profitable ones for now. It’ll benefit from people paying attention to meme projects again and from better games in the future. Experts see $GFOX as one of the top 5 cryptocurrencies that will become very popular by the end of the year. Surprisingly, the presale for $GFOX is in its 7th stage and has already raised $2.3 million.
The $MATIC Hit
With a market cap of $8.2 billion, $MATIC is one of the biggest deals in the crypto world right now, making it the 13th most valuable cryptocurrency. A key factor that improved Polygon’s adoption and MATIC’s performance is its availability to solve Ethereum scaling problems, being a perfect alternative to him.
$MATIC was aiming to reach $2 this year but recently dropped by over 15% in a week, down to $0.87 (a 12% drop in a day). It’s trying to stay around $0.80 as if it falls more, it might reach $0.50. However, experts think the market will get better soon, so $MATIC holders might see its value go up again.
People believe $MATIC will bounce back and quickly get back to its previous price and it might be a good move to take a chance on this cryptocurrency.
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