The Bitcoin ($BTC) narrative trade is fast-approaching as we edge closer to the approval of Spot ETF products, but in fact it may be altcoins’ time to enjoy their moment in the spotlight. The build-up to the ETF has been long, and traders have had plenty of opportunity to frontrun this narrative. So now is perhaps the time when the real liquidity game starts.
Wondering what are the top 5 cryptos to buy now? Here are the 5 top coins to own after the ETF: Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), Avalanche ($AVAX), and Galaxy Fox ($GFOX).
Galaxy Fox ($GFOX) Next-Generation P2E
Galaxy Fox is leading the next generation of play-to-earn protocols and has integrated the best features from the memecoin genre. Its addictive runner game pays out prizes and acts as a perfect onboarding funnel for new users. The viral aesthetic and design give it the memecoin flavor that traders love, and its token burn ensures a constantly decreasing total supply.
Still in its presale, Galaxy Fox offers investors the chance to join at the beginning. Staking rewards ensure all ecosystem participants earn, and the clever use of taxes creates a dynamic where stakers earn yield on a deflationary asset.
Benefitting from two narratives, the rise of GameFi and increased appetite to speculate on memecoins, Galaxy Fox is perfectly positioned to become a quick riser this year, and it may even be the top crypto to invest in this quarter.
Bitcoin ($BTC) Digital Gold
Bitcoin remains a solid buy even after the ETF approvals. This watershed moment has unlocked trillions in inflows over the coming decades and solidified $BTC’s place as a genuine asset for institutional investors.
Holding $BTC is the crypto investor’s equivalent of holding an S&P 500 tracker. It may never generate life-changing returns, but it is an excellent vehicle for storing wealth away from the touches of inflation. Still the leading crypto for beginners and steadily breaking into the mainstream, every investor should be holding at least a small percentage of their portfolio in $BTC.
Ethereum ($ETH) Next ETF Narrative
Ethereum will be next up for an ETF. Despite a lackluster performance to date this year and in Q4 last year, investors should not forget about $ETH. There is a huge volume of technical upgrades coming to Ethereum this year, including EIP-4844, which will dramatically reduce gas fees on rollups.
The current moment will likely be one of the best entry points for $ETH this cycle, while sentiment is overwhelmingly negative on Crypto Twitter. Ethereum is the only profitable blockchain and still boasts the best economics of any major altcoin. Going long $ETH is an easy trade, and it is one of the top 5 cryptos to buy now.
Solana ($SOL) Low Latency King
Solana is undoubtedly another one of the best cryptocurrencies to buy post-ETF and has outperformed its competition by a significant berth in recent months. This low-latency blockchain delivers the scalability that makes a blockchain a truly accessible world computer.
It has revitalized the layer one trade and established itself as the number one monolithic blockchain. Solana’s miniscule fees have allowed investors worldwide to explore DeFi, and many developers are currently coding in Rust. More devs means more dApps, and more dApps means more end users.
Avalanche ($AVAX) Rise of Subnets
Avalanche has followed Solana in the revitalized layer one trade, and similarly, its scalability has made it popular amongst investors. But the real gravitational pull toward Avalanche comes from its Subnets program that allows institutions to spin up box-ready blockchains without needing a validator set.
2024 is the year of institutional adoption. As more RWAs migrate to on-chain and financial institutions begin to use blockchains, expect a soaring $AVAX price later this year.
Closing Thoughts: Altcoin Season Starting
Altcoin season is starting, and this is where the bulk of the returns are made. These frenzied periods allow any investor to turn a four-figure portfolio into six, and these coming months may be the most important of the whole bull market.
Galaxy Fox is the obvious choice for investors who really want to win this cycle. Leading even among the top 5 cryptos to buy now this next-gen P2E/ memecoin hybrid will launch in ideal market conditions. On top of this, $GFOX will be propelled by two of this cycle’s strongest narratives. Galaxy Fox looks ready to print a 100X- participate today before the opportunity disappears!
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