The post $DOT, $DOGE, $ADA and $GFOX — Who Will Outperform in 2024? appeared first on Coinpedia Fintech News
It’s no longer merely speculation that the crypto market will experience massive growth this year, as several tokens, including $DOT, $DOGE, and $ADA, are expected to sustain a protracted uptrend. $GFOX, the new meme token currently taking the crypto world by storm, is also tipped to continue its presale success and ultimately emerge as the top gainer.
Two Weeks After Partnership with Unity Games, $DOT Continues Rally
On December 22, Polarity Technologies, the parent company of the $DOT cryptocurrency, announced an important collaboration with Unity Games, a prominent software development provider (SDK), to incorporate $DOT into two Unity-based games, Pokémon Go and Call of Duty mobile.
Following this announcement, the $DOT price surged by almost 20% within 48 hours, signifying solid institutional benefits in the partnership. According to Parity Technologies, the partnership aims to boost $DOT visibility in the rapidly growing Web3 gaming space.
Currently trading just below $8, the coin has been projected to trade above $14 before the end of the year. However, a more cautious prediction has put the price at just over $12.
$ADA Consolidating After Bullish Run
After a massive price gain in the last quarter of 2023, which saw $ADA gaining an impressive 170%, the token is now consolidating, signifying some holders are now locking in their profits.
Despite this market retracement, $ADA is still up by almost 38% within the last thirty days and a slight drop of just 7% in the past seven days. It is also predicted to trade around $0.80 by the end of this month.
It is currently trading at around $0.50 on most exchange platforms. Although $ADA is a token of interest among crypto investors, whether it will outperform most of its peers this year is still not certain, as there are possibilities of the token breaking below the $0.50 mark.
$DOGE Set for Another Massive Gains Amidst Speculations on Being Integrated on X payment platform
Dogecoin, one of the most popular meme tokens of all time, is set for yet another bullish momentum as there are indications that Elon Musk, the CEO of X (formally Twitter), who made the token popular, is perfecting plans of making $DOGE an acceptable payment option on the social media app.
Historically, $DOGE is known for making crypto millionaires as several investors who joined the platform in its early stage realized outrageous profits on their investment. With the current news of being used as a utility token on X, analysts are optimistic that 2024 will be a good one for $DOGE.
$GFOX, The New Comer Revolutionising the Crypto Space Sets to Outshine Other Memecoins
It’s no longer news that $GFOX, the native token Galaxy Fox, a Web3 gaming platform, is taking the lead among meme tokens this year. Built on the Ethereum blockchain, $GFOX is designed to bridge the gap between crypto finance and blockchain gaming.
As a play-2-Earn blockchain platform, Galaxy Fox provides an enabling world where gamers and crypto enthusiasts can play their favorite games and get rewarded for it. This means it’s not just entertainment; it’s an avenue to transform your leisure time into a passive income channel.
$GFOX incorporates so many features, like the token burn mechanism, which is designed to reduce the token supply, increasing scarcity and ultimately increasing its inherent value.
Also, it has multiple on-game and real-life use cases.
In the game, it can be used to purchase in-game accessories, unlock new levels, and so many more. While its real-life utility includes being traded against other tokens like $DOT, $DOGE, $ADA, etc. when it eventually gets listed on exchange platforms
$GFOX presale is still ongoing, currently in stage 6, and over 90% of the available tokens for the round have been sold. It is nearing stage 7, where the token price will increase from $0.001749 to $0.00198; investing now guarantees you a cool 13.2% return on your investment.
$DOT, DOGE, and $ADA are all expected to perform well in 2024, but $GFOX will still be the top gainer as expected. Being in its presale stage, it offers investors the novel opportunity to buy at the lowest possible price and bank on the token fundamentals to cash in maximum profits before the end of the year.
Galaxy Fox is aiming for the moon! Join by clicking on the link below to visit their website and join the Telegram community. Don’t miss out on this exciting journey!
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
Source: https://coinpedia.org/press-release/dot-doge-ada-and-gfox-who-will-outperform-in-2024/
