LINK pumps as market tanks; GFOX pre-sale broke the 3 million dollar mark
Market declines are part of a bull market, and investors want to take advantage of these opportunities to identify leading contenders. If markets are falling and tokens are doing well, demand dips are waiting. These will be the fastest travelers in amazing conditions.
Trading strong altcoins today unlocks better profits tomorrow. So what crypto can you buy today? In fact, investors are spoiled for choice with dozens of solid altcoins, but Chainlink (LINK) and Galaxy Fox ($GFOX) are particularly popular. As LINK fell in the market and GFOX pre-sale broke the $3 million mark.
Chainlink (LINK) as a market dump
Chainlink is a blockchain abstraction layer that powers almost all DeFi with its Oracle services. This network feeds external data into smart contracts, and LINK is the top crypto to buy for investors who want to play pick-and-shovel. Chainlink is flowing as the market is flooded, and investors want exposure to the middleware layer of its functionality.
Fink is talking about real estate tokens every other day on CNBC. Chainlink's Cross Chain Interoperability Protocol (CCIP) creates a network of smart contracts that allow digital assets to move seamlessly between chains. CCIP opens up the ability to move between permissioned (bank blockchains) and public blockchains.
Acting as a bridge between DeFi and TradFi is a great value proposition, and $LINK's current performance points to a big run later this year.
Galaxy Fox (GFOX) exceeded 3 million dollars
The Galaxy Fox hasn't hit the market dump note, and this presale continues to miss milestones. Having recently crossed $3 million raised, this ICO shows no sign of slowing down, and its current trajectory indicates a major price discovery phase when it launches later this year.
Introducing a new hybrid model to the Galaxy Fox space, it combines the best of two genres. Its tokennomics and branding is straight from the meme coin genre with its token burning and taxation system. The burn will permanently remove tokens from circulation, invalidate GFOX, and tax will fund multiple mechanics, including ecosystem development and fees through the Treasury.
Declining assets are predicted to perform well in 2024 as rising demand meets falling supply, and this feature makes $GFOX the right answer for what crypto to buy today. Passive income plays an important role in this galaxy ecosystem where all GFOX owners can earn high rewards. The unique system of taxation created a super-rich estate: owners profited from the dwindling supply of the property.
The Galaxy Fox Web3 Runner game uses the classic P2E mechanic, adding a dash of fun and another way to earn money for players. Presales have performed extremely well during historical bull markets, and GFOX is easily considered among the best cryptos to buy right now.
Closing thoughts
Markets get overheated and overextended, then need to cool down. Tokens that keep moving are pockets of opportunity, and this is where investors should focus their attention. What crypto to buy today? Anything relative to the market.
The Galaxy Fox's stellar performance makes it an obvious buy right now. GFOX still has a small market place, and its place in the memecoin and GameFi narratives gives this mix an easy 100X potential. Multi-billion dollar valuations were common for P2E projects in the last cycle. Add to that the GFOX's despicable nature, and it's a no-brainer to participate in the Galaxy Fox presale today.
To learn more about GFOX, visit the Galaxy Fox Presale or join the community.
