Stacks, $IMX and $TAO See Huge Gains as $GFOX About to Go Retail
The crypto industry is all green again, with some of the top 10 altcoins reclaiming their highs and some of the new gems reaching new milestones. Currently, the market is carefully watching four particular projects: Stacks ($STX), Immutable ($IMX), Bittensor ($TAO), and Galaxy Fox ($GFOX). What sets these projects apart as the best altcoins to [...]
The crypto industry is all green again, with some of the top 10 altcoins reclaiming their highs and some of the new gems reaching new milestones. Currently, the market is carefully watching four particular projects: Stacks ($STX), Immutable ($IMX), Bittensor ($TAO), and Galaxy Fox ($GFOX).
What sets these projects apart as the best altcoins to buy now? This article looks at their recent performances and what the future might hold.
Why Should You Join the Galaxy Fox Presale?
An innovative addition to the cryptocurrency market, Galaxy Fox combines the fun play-to-earn (P2E) strategy with the viral appeal of meme coins. The project is built around an exciting Web3 runner game where players compete for the top spots on the leaderboard and lock in financial rewards.
The hype around Galaxy Fox’s presale is undeniable, with each stage quickly selling out and driving up the token’s price. Currently in its 8th stage, the presale is nearing its end, signaling imminent price increases.
So far, early investors in $GFOX have enjoyed a 230% return on investment (ROI), a figure that’s projected to reach 450% by launch. For those new to $GFOX, there’s still a chance to benefit, as 2 remaining presale stages are expected to offer around a 33% profit.
Analysts rate $GFOX as one of the best altcoins to buy now, considering its rich utility and smartly structured deflationary tokenomics.
Success Story of Stacks
Stacks, a pioneer in extending Bitcoin’s functionality with smart contracts and dApps, has experienced remarkable growth over the past year. The “State of Stacks Q4 2023” report by Messari reveals a 3,386% increase in quarterly revenue, totaling $637,000.
On an annual basis, revenue skyrocketed by 3,028%, showing the surging interest and investment in Stacks’ solutions. The market capitalization of Stacks’ native cryptocurrency, $STX, has also seen significant growth, with a 203% quarterly and 598% annual increase, pushing its market cap to $3.6 billion.
Currently trading at around $2.54, analysts anticipate a bullish run towards $3 in the upcoming months.
Why is $IMX Up?
Immutable has witnessed a substantial price increase in recent trading sessions as well, with its weekly value rising by 40%. This surge has lifted the Immutable price from $2.24 to $3.11, surpassing the major $3 price barrier and sitting at around $3.41.
If this momentum continues, Immutable could climb further within its current channel, trading above the 50-day SMA. Predictions suggest that Immutable’s price could reach $6.68 by the end of 2024.
Bittensor’s Impressive Growth
$TAO is another sensational crypto that saw an impressive 180% increase over the past month, with signs of a potential rally becoming increasingly evident. In the last 24 hours alone, Bittensor has gained 19%, and year-over-year, Bittensor’s growth stands at 624.6%.
With the market capitalization of AI coins reaching $13.5 billion, marking an 8.6% growth, Bittensor leads this expansion with a market cap of $4 billion, followed by Render. From a price of around $50 in July 2023 to $647 today, Bittensor’s growth has been nothing short of remarkable.
Bottom Line
Crypto is a market where magic can happen overnight, and the success paths of the four mentioned altcoins prove that very clearly. So, where do you join the crypto pump? According to experts, it’s $GFOX. This new ICO crypto, still in presale, is sold at its lowest and is expected to surge once it goes live. Overall, investors clearly favor the new best altcoins to buy now, and $GFOX tops their list.
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