3 Coins Certain to See Massive Gains This Year
Over the past few months leading into this new bull market, $SOL and $ARB have proven to be some of the best cryptocurrencies to buy. Their innovative technologies, solid fundamentals, and expanding ecosystems make them stand out as some of the best altcoins. Together with $GFOX, $ARB, and $SOL are poised for significant growth in [...]
Over the past few months leading into this new bull market, $SOL and $ARB have proven to be some of the best cryptocurrencies to buy. Their innovative technologies, solid fundamentals, and expanding ecosystems make them stand out as some of the best altcoins. Together with $GFOX, $ARB, and $SOL are poised for significant growth in 2024, with analysts expecting the coins to skyrocket in the coming months.
Let’s delve deeper into each of these coins to see why they are poised for growth and just how much profit investors can look forward to making with these crypto coins.
$GFOX
$GFOX was one of the most talked about ICO in 2023. The coin has been making waves as one of the best cryptocurrencies to buy since the beginning of its ICO. This led to the Galaxy Fox presale being named the best ICO for 2023. The coin has also acquired a listing on CoinMarketCap and is set to list on major exchanges in the coming weeks.
At the time of writing, $GFOX is in stage 8 of presale where each token is selling at $0.002178. With only two stages of presale remaining, the anticipation for the launch and retail listing of $GFOX is building up as more investors add this fast-selling coin into their wallets.
But why is $GFOX one of the best cryptocurrencies to buy?
$GFOX is a unique token that brings more to the table than a run-of-the-mill meme coin. It draws its inspiration from successful meme coin projects like $DOGE and $SHIB but goes a step further by enhancing the ecosystem with utility. This way, $GFOX isn’t just another meme coin project that depends on its community of followers for success.
Instead, $GFOX’s value is based on its utility and the benefits investors get from it. One of the main features of the $GFOX ecosystem is the play-to-earn web -3 runner game. This game is designed to offer avid gamers thrilling gameplay that also pays the top players. All a player has to do is become part of the top 20% on the leaderboard by the end of the gaming season and they automatically qualify for rewards in the form of in-game currencies.
Another feature that helps $GFOX stand out is its collection of NFTs, as well as physical merchandise. $GFOX NFTs are a collection of 3,000 artworks inspired by the characters of the Galaxy Fox ecosystem. $GFOX goes a step further to offer physical merchandise, helping investors bring their favorite projects into their daily lives.
Other features that help $GFOX stand out as one of the best cryptocurrencies to buy include a staking platform that pays out rewards, a treasury that ensures every $GFOX token is used properly, and a token burn feature that gives $GFOX a deflationary property.
$SOL
In the past month, $SOL has surged by 19% to trade at $112. In the past week alone, $SOL has rallied by 6%, while 24-hour charts show a further 3% increase. This shows that $SOL is already on the rise, and is expected to keep moving upwards for most of the year, towards the $200 level.
$SOL chart patterns are also showing an interesting pattern that suggests that the cryptocurrency still has a lot of growth potential. When $SOL’s price movement is compared to that of Ethereum, it shows an inverse double-bottom pattern, a pattern that is usually associated with a bullish reversal. As a result, market analysts have reason to believe that $SOL is headed towards a significant price rally.
According to Chris Burniske, a former analyst at Ark Invest, $SOL’s price could be headed toward a threefold increase that will see the coin trading at about $750. The bullishness surrounding $SOL’s future is based on upcoming airdrops, Solana’s user-friendly and cost-effective network as well as developments such as Firedancer.
$ARB
Like $SOL, $ARB has also been on an increase, rising by 9% in the past 30 days and showing an impressive 7% increase in the past week. $ARB’s recent price surge can be closely tied to the recent activities of the ApeCoin DAO. ApeCoin Dao intends to develop its own Apecoin Network (Apechain) on Arbitrum, a move that is likely to fuel demand for $ARB, pushing its price to its previous resistance level of $2.28.
At the same time, network activity on Arbitrum seems to have surpassed that of Optimism, one of its largest competitors in the market. According to their daily transactions, $OP has about 300,000 to 400,00 transactions per day, while $ARB has about 600,000 to 900,000 transactions every day. This is a significant difference as it shows $ARB has twice as many transactions as its biggest competitor, metrics that help $ARB shine brighter as an attractive investment option.
Final Word
As the crypto market expects a bull run following $BTC’s recent rise, market analysts are convinced that $SOL, $ARB, and $GFOX are some of the best cryptocurrencies to buy for investors who want significant profits in 2024. With the 3 coins showing significant price increases and $GFOX heading towards a 100X rally after launch, this is the best time to add these gems to your wallet in preparation for their rallies.
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