Analysts predict a progressive $MATIC run while $GFOX heads to $2.5 million mark
Recently, the crypto market has seen a sharp decline based on FUD from the Matrixport analysis casting doubt on Bitcoin Spot ETF approval. Top altcoins are retracing, but experts believe this will likely only last for a short while. Per predictions, many cryptocurrencies will bounce back with more fuel to their rally. $MATIC is among those expected to pump. Yet despite the general decline, $GFOX presale is still moving at an impressive rate.
The presale token recently blasted through $2.3 million, heading toward the next significant milestone. Market observers believe it’s a safe bet in this turbulent market period, suggesting it’s one of the best cryptos to invest in now.
Galaxy Fox: An Ecosystem For Having Fun, Playing, and Earning
Galaxy Fox is introducing GameFi utility to the meme sector. This will give it native currency, $GFOX, more adoption potential, and a high possibility of becoming prominent. The project aims to make $GFOX a widely essential token in the Web3 space, and it’s designed to achieve this. Galaxy Fox is a meme project, but it will have GameFi features that will allow it to benefit from the positivity in the sector.
The Ethereum-based ecosystem will have a unique web3 game that involves running against other players. The runner game will be P2E (you can earn as you play). Players get $GFOX when participating in this game and end up among the top 20% on the leaderboard. Galaxy Fox requires skills but, most importantly, in-game resources to boost winning chances. Users can get these in-game items in the Galaxy Fox NFT marketplace using the $GFOX token.
The Galaxy Fox NFTs are the most essential in-game digital items in the game. Apart from helping you improve gameplay, each one is an item of value that you can trade for real-life money. There are 3000 copies of them, and they’re one of the coolest NFTs that will hit the market soon. NFTs professionals expect them to increase in value as Galaxy Fox develops, and they could be one of the most popular NFTs in no time. The deflationary $GFOX token is even more potentially valuable than the soon-to-be top NFTs.
$GFOX is an ERC-20 coin, among the most profitable on any ERC-20 token list currently. The meme coin will benefit from the returning attention to the meme space and the constant improvement in the GameFi sector. It’s among the top 5 cryptocurrencies that could blow up before this year ends, and it’s showing strong signs on presale.
$GFOX presale is headed to its 7th stage but has already raised $2.3 million. At the current rate, it’s expected to reach $5 million by the time its 7th stage ends. There’s still an opportunity to get in at a lower price because an increase in the token’s unit price is imminent. You should get more $GFOX tokens for less now and enjoy the possible profit yield from its expected value Incredible.
$MATIC Take A Hit, But Analysts Expect Quick Reversal
$MATIC is a big cryptocurrency in the crypto space. Its $8.2 billion market cap is the 13th highest in the market. Polygon has made itself a big deal in the market over time, providing solutions to Ethereum scaling problems. While it can’t replace Ethereum, it has proven to be an excellent alternative. This has increased Polygon’s adoption and $MATIC performance.
$MATIC was journeying to $2, hoping to perform extraordinarily this year. However, over 15% decline in the last 7 days, and about 12% one-day decrease at the time of writing has seen it drop to $0.87. The altcoin is seeking to defend the $0.80 price zone as a further decline could see it drop to $0.50. However, market analysis suggests that the market will recover soon, so $MATIC holders can anticipate a bullish reversal soon.
$MATIC bullish rally is expected to have more fuel, as it is expected to return to its initial price level quickly. Taking a risk on the cryptocurrency could be worthwhile. Hence, it’s another crypto to buy now or monitor until it’s best to commit to it.
Conclusion
Current market conditions might not be at the best, but it hasn’t deterred $GFOX from continuing to impress on presale. The meme coin is poised for greatness, and you can be a part of it by joining the presale now.
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