Adoption is ramping up, institutions have entered the fray, and anybody can gain exposure to Bitcoin ($BTC) through a regular brokerage account. This cycle promises to be the most exciting to date. The number of crypto owners is up 34% in 2023, and digital assets could make new ATHs before the end of the year.
What are the best cryptocurrencies to buy before takeoff? In these conditions investors want to be bidding small caps. Holding $BTC is excellent, but investors will be lucky to 3X their initial investment. Meanwhile, with small caps, even a small portfolio can become life-changing. One ICO is catching attention, and with the Galaxy Fox ($GFOX) presale 92% sold out, anybody who wants to join this project early will have to move fast.
Crypto Ownership Up 34% In 2023
Crypto.com recently released a report that studied global crypto ownership. The numbers are in; it is excellent news for all crypto enthusiasts. Overall, ownership went up 34% last year. At the start of the year, 432 million people owned crypto, and by the end of the year, this figure had swelled to 580 million.
Worldwide, more than a billion people use crypto. Expect this number to continue climbing as sentiment improves, and last year alone, 76 million people decided it was worth owning Bitcoin ($BTC). Total holders went from 222 million to 296 million. This number has likely climbed dramatically post-ETF approval with anybody able to buy $BTC through a brokerage account.
Expect this number to keep climbing as sentiment improves and new users mean more utility, more economic incentive to build, and more liquidity to bolster prices. An excellent innings for crypto last year. Time to delve into one of the best cryptocurrencies to buy this year against the backdrop of growing mass adoption.
Galaxy Fox ($GFOX) 2024’s Hottest Presale?
Galaxy Fox has already been dubbed one of the top 5 cryptos to invest in for anybody bullish on GameFi and memecoins. This presale gem blends the two together, and this unique marketing position makes it one of the only altcoins to enjoy support from two narratives. The ongoing revitalization of the P2E sector is one tailwind, and the growing interest in trading memecoins is powering this presale to new highs.
The ability to create and sustain momentum early has always been the ultimate testing ground for presales. Galaxy Fox’s ability to raise over $3 million in several weeks is a clear sign that it has staying power and could deliver 2024’s most exciting price discovery phase.
Its ecosystem includes a deflationary tokenomics model, staking rewards, an addictive runner game, an NFT collection and marketplace, and a Treasury designed to encourage ecosystem growth. It has all the right components, and its launch date could not come at a better moment.
Galaxy Fox has deployed a clever taxation system that works in tandem with the tokenomics model to deliver a deflationary asset that produces native yield. Its tiny market cap and robust economic model give it incredible upside, and it is no surprise it is being called the top crypto to buy now.
Closing Thoughts: ICO Hype Building
The hype surrounding ICOs continues to increase, which is always observable as markets get increasingly comfortable in bull territory. Risk-on market conditions reward risk-taking behavior, and ICOs, from a returns perspective, have historically been the best cryptocurrencies to buy.
Entering Galaxy Fox early is an excellent play. Its addictive runner game paying out prizes is a great onboarding funnel, and the staking rewards give all $GFOX holders a reason to stay. Participate today before it sells out!
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