WEB3

Investors Rotating Profits From Alts to $BTC – and This New Presale

by BSCN

January 11, 2024

chain

Revolving around its Web3 runner game, Galaxy Fox is positioning itself as an affordable and well-accepted meme token.

To capitalize on the recent price volatility between $BTC and altcoins, investors have been rotating their profits from Alts back into $BTC in response to the ETF updates which are currently making headlines.  Meanwhile, $GFOX, the native token of the Galaxy Fox ecosystem is generating gains in its ongoing presale. While it gradually nears a 450% increase from its initial price, $GFOX has been gaining trust as a good crypto to invest in.   

Let’s look at how investors are taking advantage of both $GFOX’s presale and the market swings between $BTC and altcoins. 

Bitcoin ETF Saga: Investors Pushing to Earn From Latest Update

A recent analysis identified a significant pattern in which the crypto industry, especially the dominant $BTC has been following: three years up, and a year down. While $BTC went down in 2022, then recovered in 2023, it was expected that 2024 would be a positive year for the dominant cryptocurrency.   

Surprisingly, $BTC began 2024 with an 11% dip in its price, between January 2 and 3, from $45,899.71 to $40,813.53, However, the dip wasn’t trying to go against the pattern, instead, it was a response to the rumor that the highly anticipated Bitcoin ETF would be rejected. 

Though the dip was short-lived it had already triggered fear into some investors, leading them to move their $BTC investments into altcoins. At the time of writing Bitcoin trades at $46,818.24 marking a significant recovery from the dip.

As it stands the likelihood that the US Securities and Exchange Commission (SEC) will approve spot Bitcoin is high. This is because top crypto news sites like Bloomberg have given strong indications that the SEC could announce the approval on January 11 or 12.  Investors who are looking forward to the positive impact the ETF would have on Bitcoin price are again selling their altcoins and massively investing in $BTC. 

In spite of all these, Bitcoin ETF approval was never going to end altcoins. In fact, several top analysts stress that following the ETF announcement, momentum will potentially return back to altcoins.

>>BUY $GFOX TOKENS<<

$GFOX Sets For A Higher Price as Presale Stage 6 Concludes 

Among many presales that made it into 2024, Galaxy Fox’s presale has been outstanding, generating an incredible amount of more than $2.3 million already from selling its $GFOX tokens. 

$GFOX is not an ordinary token, it's currently striving to become one of the best affordable cryptos to buy, and a well-accepted meme token alongside leaders like $DOGE and $SHIB. As a full utility meme coin, it's also aiming to join other play-to-earn (P2E) tokens like  Axie Infinity and Sandbox to brighten up the world of GameFi.  

Galaxy Fox’s ecosystem is centered on an amazing Web3 runner game. Here players enjoy a more lively competition while they earn according to how they perform. Galaxy Fox allows the best 20% of the participants in its game to take home rewards that can be exchanged for $GFOX. 

The platform also plans to implement several features like rewards for holding coins, actual products you can buy, a collection of unique digital assets (NFTs), and a place to buy and sell these assets. This overall way of doing things is a very significant reason the project is excelling in its presale stages

Other features of Galaxy Fox that made it the most sought-after coin in presale include loyalty worth 2% of every transaction contributing to Galaxy Fox Stargate; a community engagement, a transparent token treasury and a deflationary tactic that serves to promote scarcity and drive the $GFOX’s value.

With Stage 6 of the presale coming to a close, several investors are rushing in to join the platform before Stage 7. Doing so will earn them an enticing 15% profit as they purchase $GFOX tokens with $0.001749. Interestingly that’s not even the end, as they are also expected to earn more in the subsequent stage till stage 10, the last presale stage, and beyond.  

Conclusion

The recent developments surrounding  $BTC and other coins is an open window where only informed and timely investors can maximize their gains. But similar investment success is possible with $GFOX, with less risk and more secure gains.

Get on the $GFOX bullet train and take your crypto investments to the next level! Visit the website and join the telegram community for timely updates.

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

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