The price of $BTC has been hovering around the $70k mark for some time now as it faces heavy resistance and continued selling pressure from Grayscale $GBTC and uncertainty as bulls and bears battle it out for control of the market. Thus, some investors are shifting their attention to more profitable ventures, especially cryptocurrency presales. New ICO crypto $GFOX is one of the projects that has been attracting investors raising a whopping $5.4 million.
Let’s dig deeper into this presale offering and the reasons behind its success.
Smart Money Is Moving to New ICO Crypto $GFOX
$GFOX is a new ICO crypto that has captivated the attention of crypto investors and enthusiasts alike. Its groundbreaking features and ability to revolutionize the gaming sector and the meme coin industry has given investors hope that there is still hope for significant profits to be made in the crypto space.
Investors have taken notice, and their efforts to buy into this new ICO crypto are evident in the $5.4 million already raised in the presale. Now that the presale is almost coming to an end, investors are looking forward to the immense returns they are about to make after the launch and retail listing.
According to predictions made by several market analysts, $GFOX is on track to give investors over 100X in profits. This is a significant amount considering that this is a new ICO crypto. However, the enthusiasm that it has been met with confirms that savvy investors and crypto whales believe in the ability of this project to skyrocket and become one of the best altcoins to buy.
What is more, investors are looking forward to the rolling out of the ambitious $GFOX roadmap. There are lots of utility-filled features waiting to be launched, each of which will help the project achieve its mission of proliferating and transforming its investors’ lives.
At the core of the $GFOX project is a web-3 running game designed to provide players with an exciting game with cash rewards. Players have to compete against each other for the top 20% of positions on the leaderboard. The winners receive in-game currencies that they can exchange for $GFOX tokens.
There is also a staking platform that helps ensure there is enough liquidity in the $GFOX ecosystem. $GFOX token holders can lock up their tokens which makes them eligible for staking rewards proportionate to the number of tokens they stake. This is a great way for investors to make some extra cash on the side.
Other features that help $GFOX stand out as the best new ICO crypto include NFTs and physical merchandise. There are 3,000 NFTs in the ecosystem, all of which are available for minting on the $GFOX website. The physical merchandise is a cool new feature that allows investors to have something physical from the $GFOX ecosystem.
All these features work together to make $GFOX one of the best altcoins to buy. With the presale now in stage 10, and only about 9% of tokens available, it’s time to grab some $GFOX tokens if you haven’t already done so.
$BTC Bouncing at $70K Resistance Level
$BTC investors have been in a vicious fight with the bears at the $70K level as the market tries to find its direction. Every time it looks like the bulls have won, price slips back below the $70K mark. This uncertainty has caused investors to look towards other crypto coins, especially new ICO crypto $GFOX for better profits.
Excitement surrounding $BTC ETFs and dovish moves from the Fed are keeping $BTC afloat at almost exactly $70K at the time of writing, or about an 4% increase in the past week. With the approach of the Bitcoin halving event, investors are hoping that the pioneer of crypto will finally gain enough momentum to reach a new ATH later this week.
Final Word
ICOs, which are meant to help new crypto projects raise funds, have regained popularity due to their potential for high returns. With presale such as $GFOX raising over $5.5 milion, it’s evident where investor attention is at the moment. Smart money is moving towards new ICO crypto, which offers returns of over 100%.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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