Cryptocurrency

Meme coin likely to outpace SOL, AVAX, and MATIC

[ad_1]

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana (SOL), Avalanche (AVAX), and Polygon (MATIC) are trending higher. The focus is also on GFOX, the native currency of the Galaxy Fox. Many investors believe GFOX could outperform other cryptocurrencies, including SOL, AVAX, and MATIC.

Galaxy Fox: impact on P2E and meme coins 

Galaxy Fox has integrated the play-to-earn (P2E) feature of the GameFi sector with its meme traits, resulting in increased functionality and relevance. 

GFOX is a web3-based token designed for utility functions on various platforms in the sector. Unlike memes or GameFi altcoins, GFOX has an edge.

The ongoing GFOX presale has raised nearly $4 million. It has sold about 98% of its stage 7 allocation. 

SOL, MATIC, and AVAX rallying

SOL finally broke above $100, rallying 10% to $110.74. The coin may soar to $125.19 in continuation of last year’s uptrend. At this pace, the coin could surge to as high as $200 by the end of 2024

Meanwhile, AVAX is gradually inching close to $40, recently adding 7%, lifting the coin to $39.

A break above $40 may see the coin soar to $45 and even surpass $50.

Presently, trading volume is up 90% in the last 24 hours, lifting the market cap by 7%.

Amid this, MATIC recently broke higher, reaching $0.90. Analysts expect more gains going forward, projecting gains to $3–a new all-time high. 

Conclusion 

Major altcoins like Solana, Avalanche, and Polygon have strong outlooks. Available chart data suggests a continued upward momentum, and the run looks sustainable for the long term. Even with this, GFOX might outperform these established coins.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


Follow Us on Google News

[ad_2]

Guest Post

Source link

You may also like

Cryptocurrency

Bootstrapping A Decentralized Autonomous Corporation: Part I | Ethereum Foundation Blog

[ad_1] Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that
Cryptocurrency

Bootstrapping An Autonomous Decentralized Corporation, Part 2: Interacting With the World | Ethereum Foundation Blog

[ad_1] In the first part of this series, we talked about how the internet allows us to create decentralized corporations,