Will there be a massive dump before January? That’s the question seasoned traders and experts ask themselves currently, as the crypto market is in the midst of yet another pull-back and $BTC re-tests the $40K level. Markets are indecisive after the Bitcoin ($BTC) dump, and investors are flocking to presales during this uncertainty.
Timing is everything, and 2024 is guaranteed to be a massive bull run. But markets look ready to dump just before shaking out all weak hands. Galaxy Fox ($GFOX) has gained attention as a leading ICO and the top crypto to buy in 2023 before the bull mania of 2024. It is an excellent place to park funds during the current uncertainty, and participating today allows investors to set and forget.
Bitcoin ($BTC) Dumps: Local Top Reached?
Bitcoin dumped and this has put fear into markets. $BTC made an enormous red wick earlier in December and has since made several more. The rampant rise of memecoins and traders posting outrageous PnLs to Twitter and refusing to sell are classic signals of a local top.
Institutional buyers will likely attempt to create a flushout before the ETF launch to buy at a better price. If Bitcoin tanks, it will drag the top ten cryptocurrencies and the entire market down with it. Investors should try to lock in some profits before the end of the year.
Tax harvesting will also likely put downward pressure on $BTC, and institutional investors tend to frontrun this in December. Markets are heading into a generational bull market next year, but it will not be a smooth ride, and one last large shakeout is expected.
This is why investors have been taking shelter in presales. Lock in the investment today and wait for the TGE, which will take place next year in the heart of a bull market- it is an easy way to 50X a portfolio.
Galaxy Fox ($GFOX) Next-Gen P2E Star
Galaxy Fox has shown quasi-unbelievable success in building early momentum only comparable to ICO funding in the mania phase of 2017. Soaring past $1.2 million in several weeks, investors are scrambling to enter before the subsequent price increase, and experts call it the top crypto to buy in 2023.
This play-to-earn gem is a next-generation protocol. It has blended the classic virality and deflationary tokenomics of the memecoin genre with a robust P2E model. Galaxy Fox’s cosmic characters are all highly memeable and will even be featured on real-world merchandise. The token burn ensures a constantly decreasing supply, and together these factors constitute the memecoin side of Galaxy Fox.
The P2E angle of the protocol involves an addicting Web3 runner game that pays out prizes to the top 20% of players each season. Players can increase their chances of winning by holding one of 3,000 unique NFTs or purchasing upgrades with $GFOX tokens. 50% of this in-game spend will fund the subsequent prize pool.
But what makes Galaxy Fox the top crypto to buy now? $GFOX’s staking rewards mean passive income for all token holders. The burn campaign means they are earning in a deflationary asset. And the GameFi narrative is primed to become the leading growth vertical this cycle.
Closing Thoughts: Presales Today, Victory Tomorrow
As uncertainty reigns supreme, more and more investors are taking cover in presales, which offer a haven during the current conditions. Investors get the best of both worlds. They purchase with the current strong price of assets locking in december gains, receive a future allocation, avoid any market turbulence, and unlock their new tokens in 2024 in a true up-only paradigm.
Galaxy Fox is a truly undervalued gem at its current price point. Investors will see retrospectively why analysts call it the top crypto to buy in 2023 when it explodes next year. Do not miss the opportunity to participate in the presale today.
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