Bitcoin ($BTC) is taking no prisoners, and anybody sidelined is feeling the burn. The next ETF trade will be Ethereum ($ETH), and after this, it is only a matter of time until an altcoin season breaks out. What is the top crypto to invest in before altcoin season begins? Memcoins- without a doubt. Small caps like Galaxy Fox ($GFOX) are primed to fly in the current conditions.
Even old coins are starting to break out. Is retail finally returning to markets? Hot coins! Cardano ($ADA) is headed for $1 as this new memecoin could set the market ablaze. It’s time to dive into the best cryptocurrencies to buy this cycle.
Cardano ($ADA) Targeting $1
Cardano has long held its place in the top ten cryptocurrencies, and while markets and crypto traders have ridiculed it for being a ghost chain, times are changing. Now boasting a DeFi TVL of over $500 million, Cardano finally has application as an alternative layer one. Designed as a faster and more scalable alternative to Ethereum and with smart contract functionality ever since the Alonzo upgrade, Cardano could shock investors.
Retail money returning to crypto alters the landscape. These investors love unit bias, and $ADA’s current price hovering between $0.60 and $0.70 is attractive- they think it could quickly go to $1. The jump to this $1 price point by the end of next quarter looks increasingly likely, and when retail investors load up their Coinbase accounts for the first time in years, they will immediately start to bid old favorites. As the bull market progresses, remember that fundamentals matter less, and the most important thing is discerning narratives early.
Galaxy Fox ($GFOX) Shooting to $4 Million
Galaxy Fox has been enjoying breakout success in its presale and is now closing in on a total raise of nearly $4 million. Selling over 2.8 billion tokens and being listed as the top crypto to invest in is not a chance event. This project has positioned itself perfectly.
The return of activity to the Ethereum mainnet has been a great boon for $GFOX, but the real driving factor is its dual narrative support. Its endless runner game, which enables players to earn real cash each season, places it in the GameFi narrative. And its classic memecoin build puts it in this year’s most explosive vertical.
$GFOX’s tokenomics are brilliant, taking value accrual to a new level. Holders can head to the Stargate module to start earning staking rewards; these payouts align with ecosystem activity and growth. This correlation turns $GFOX stakers into ecosystem stakeholders, and the token burn ensures they are earning yield on a deflationary asset.
Galaxy Fox’s Treasury promotes growth via marketing efforts. A huge plus in the attention economy. Its NFT marketplace lets users flip their digital collectibles, and its line of real-world merchandise is another excellent growth/ marketing hack. Currently in its presale phase and yet to launch on the open market $GFOX has already received 100X forecasts from analysts. Early investors should prepare themselves. An explosive price discovery phase is coming soon!
Closing Thoughts: Altcoin Season Loading
In altcoin season, when everything is going up double digits daily, you want to be holding a small cap. Narratives dictate the top crypto to invest in, and as memecoins run hot and GameFi promises to be crypto’s trojan horse this cycle, Galaxy Fox looks ready to clean up.
Get into this exciting presale early while $GFOX is still criminally undervalued. Launching in ideal conditions this gem is ready to surprise everybody.
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