Weekly Crypto Highlights: NEAR Protocol Jumps 80% in a Month, Galaxy Fox Eyes 15% Increase
Market optimism reaches all-time highs, and consensus amongst analysts is that 2024 will be a generational bull market. Risk assets on the long tail of the spectrum, such as cryptos, will be the largest gainers. Wise investors are making a game plan by putting together a list of the top 10 cryptos to buy now.
Two obvious choices would be NEAR Protocol ($NEAR) and Galaxy Fox ($GFOX). In weekly crypto highlights, NEAR Protocol has jumped 80% over the past month, and almost 70% in the past two weeks alone. Meanwhile, Galaxy Fox is due for yet another 15% increase as it advanced to the next stage of its presale. Are these the top cryptos to buy right now?
NEAR Protocol ($NEAR): Data Availability Pivot
Near Protocol’s recent rally has brought this former layer one giant into the spotlight. Solana ($SOL) and Avalanche ($AVAX) have reignited the 2021 alternative layer one trade, but $NEAR has been pumping for an entirely different reason. It has pivoted into the data availability vertical, and with the modularity thesis predicted to dominate in 2024, experienced crypto investors have been bidding aggressively.
A data availability layer is simply a service ensuring that everybody who needs to access information to validate transactions can do so. Data has to be stored, and those who make it available at the lowest cost will be the victors. $NEAR’s data availability layer is significantly cheaper than market leader Celstia’s ($TIA).
NEAR Protocol’s pivot has been an impressive success, and although data availability is perhaps a complex topic, $NEAR is certainly one of the top 5 cryptos to buy now.
Galaxy Fox ($GFOX) Up for Another 15% Surge
Galaxy Fox goes from strength to strength. When Stage 6 closes (already 90% full), holders will see yet another 15% surge in the value of their tokens. This protocol’s ability to generate early momentum is a tell-tale sign of later overperformance, and its dynamic pricing mechanism keeps driving prices upwards. Anybody who wants to catch these price leaps will have to move fast, with each stage selling out faster than the last!
Everything about the protocol screams 100x potential, from its unique straddle positioning between GameFi and memecoin speculation to its incredible staking rewards program. Constantly featured in the top 10 cryptos to buy now by analysts, just how high can $GFOX soar?
The runner game draws new users into the protocol. It features a typical P2E financial incentive rewarding the most skilled players at the end of each season. But Galaxy Fox shines because it introduces passive income for all ecosystem participants. Stargate is the ecosystem’s rewards hub and accrues 2% of all transactions.
These payouts are distributed, and, combined with the token burn, these lucky stakers are earning native yield on a deflationary asset. Experts love native yield, and they love deflationary tokenomics, explaining their high opinion of $GFOX.
Also boasting an NFT marketplace & collection, a Treasury dedicated to ecosystem expansion, real-world merchandise, and frontloaded tokenomics with no inflation for early holders. The market gives participants very few easy trades, but participating in the $GFOX presale is undoubtedly one of these rare occasions.
Closing Thoughts: Fortune Favors the Bold
Investors still holding stablecoin will get burnt worse, and the top 10 cryptos to buy now all have the ability to turn any regular investor into a crypto whale. 2024 is here, and a generational bull market is brewing. Entering the up-only paradigm, investors want to be holding small cap gems like $GFOX.
Join this cosmic journey today and participate in 2024’s hottest ICO. $GFOX will never be this cheap again, and early buyers put themselves in a prime position to absolutely dominate in the 2024 cycle.
Learn more about $GFOX here:
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