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Welcome to the bull market. Bitcoin ($BTC), $BTC beta plays, and memecoins are running the show, and these are the top verticals to invest in this cycle. Stacks ($STX) hits new ATH after upgrade approval, and the promise of DeFi on the Bitcoin blockchain has investors bidding like crazy.
Everything is meme-centric outside of $BTC and adjacent projects, and new protocols are already showing far better relative strength than their predecessors. Has the time come for new launches to outpace their elders? Galaxy Fox ($GFOX) has soared past $5 million easily and shows no sign of slowing. Here’s why this memecoin will hit $6 million in April. Is $GFOX the top crypto to invest in this month?
Stacks ($STX) Hits New ATH While Building DeFi on Bitcoin
Stacks has hit a new ATH on the back of the ‘Nakamoto’ upgrade, which has passed a community governance vote. Nakamoto is expected to go live on mainnet in May, and it will upgrade Stacks’ block times and enhance network security. Stacks’ Proof of Transfer consensus mechanism makes it the only crypto asset that produces native $BTC yield and the broad thesis is anyone bullish on Bitcoin has a reason to be bullish on Stacks.
Based on projections from current levels, roughly $200 million of $BTC will be paid out to users stacking their $STX this year, and building a smart contract layer on top of crypto’s most extensive and richest network is a winning strategy. $BTC was a top crypto to buy earlier in the cycle, and now that it has already broken ATHs, anybody still net bullish on the internet’s store of value can buy $STX and bet on the network being built on top.
Galaxy Fox ($GFOX) Ready to Hit $6 Million in April
Galaxy Fox has been all gas no brakes and cruised past $5 million. Already well on its way to $6 million, $GFOX will soar past this target in April. More investors are waking up to Galaxy Fox’s value proposition. Even ignoring its unique design structure, participating in a meme presale during memecoin mania is easy money. $GFOX in its ICO is a top crypto to invest in.
Powering $GFOX’s incredible early momentum is its hybrid design model. It introduces a new standard for upside and entertainment and proves that memecoins do not have to be one-dimensional tokens. Galaxy Fox is delivering a play-to-earn game, widening its ecosystem’s horizons, and now users can compete with the chance of winning real cash.
Endless runner games have been a staple genre since Temple Run took over the world, and Galaxy Fox is breathing new life into this classic by integrating financial rewards. It is an open global competition. Players can mint NFTs to boost their in-game stats and even trade these digital collectibles on the protocol’s marketplace. The top 20% of the leaderboard walk away with cash prizes each season, and this will serve as an excellent onboarding funnel.
The tokenomics underpinning Galaxy Fox are another massive growth catalyst, and the introduction of staking rewards is a game-changer. Stakers earn rewards aligned with ecosystem activity, and this price-activity feedback loop turns $GFOX into one of the best cryptocurrencies to buy this cycle. Bullish on more users playing P2E games this cycle? Bullish on more memecoin trading? Buy and stake $GFOX today and earn payouts from all this activity.
Closing Thoughts: Memecoins and $BTC Adjacent Tokens Dominating
Bitcoin has been a powerhouse in this cycle, and naturally, tokens like Stacks are also flying. The other overperforming vertical is memecoins, and forecasts predict that GameFi will have its moment in the sun in the next six months.
For those bullish on GameFi and increased memecoin activity, $GFOX is the top crypto to invest in. Still criminally undervalued in its presale and ready to deliver a massive price discovery phase, there has never been a better moment to join this fledgling ICO.
Learn more about $GFOX here:
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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
