After posting some scorching returns over the past month, with coins like Chainlink, Avalanche and Solana posting huge gains, the market looks like it’s starting to cool down a bit and catch its breath. RSI is showing way overbought, and prices are hovering precariously above their daily averages.
Whether the near future holds a minor retracement before continuing on its insane run, or a big, fat red candle wiping out most of the past month’s gains, is anyone’s guess. But all short-term technicals currently point to an overheated market, while still confirming the long-term bulls are clearly in the driver’s seat.
So the only question is what to do in these bearish moments? Take profits, sit on the sidelines in Tether and wait? Watch Netflix? Or find another project that’s about to blast off? And most importantly, what’s the best crypto to invest in right now?
Many smart traders are opting for the latter, as evidenced by the success of new memecoin/GameFi contender, Galaxy Fox, which recently crossed the $100K mark in its presale, and only shows signs of heating up further from here.
As more inexperienced crypto investors are buying the blow-off tops of already oversold coins like $LINK, smart money is moving to where the real profits are – which everyone knows is in presale, where you can pick up coins for a small fraction of what average retail investors will eventually pay once the project gets listed on major exchanges, or even DeFi exchanges like Uniswap that allow people to get in early.
Presales are where the real unicorns are found, and it’s a rare chance to gain access to one. Fortunately, Galaxy Fox has opened the doors of its Stage 1 Presale to savvy crypto investors.
P2E meets a memecoin with a mission
Galaxy Fox is a full utility meme coin with a vision to make a lasting and meaningful impact in the cryptosphere, unlike the many flash-in-the-pan, here today, gone tomorrow coins presently cluttering up the memecoin space.
Looking beyond a few top projects like Dogecoin and Shiba Inu, quality and reliability begins to fall off dramatically, taking you into some pretty shady territory. But unlike many cheap memecoin knock-offs, $GFOX has far more in common with leading P2E tokens such as The Sandbox, Axie Infinity, Decentraland, and GALA.
Galaxy Fox is recognized for its substantial growth potential,…