GFOX
GFOX is relatively new to the market. Although still in the pre-sale phase, $GFOX has become a well-known token, with investors injecting more than $1.99 million in the pre-sale in about 2 months. Currently, the price of GFOX is $0.001749, a significant increase of 18% from the price in phase 5.
It has huge growth potential and has the potential to surpass popular meme tokens and become one of the most worthwhile cryptocurrencies to buy.
The growth potential of GFOX is further enhanced by the token burning feature, which will periodically remove a portion of GFOX tokens from circulation. This will create a sense of scarcity, thereby increasing the intrinsic value of the token.
STX
STX is the native token of Stacks, a Bitcoin layer for smart contracts that allows smart contracts and dApps to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. $STX is used for staking and governance on the Stacks platform.
Recently, Stacks has gone through some developments and DeFi applications have started to integrate sBTC on testnets. Velar is a good example, which plans to launch an sBTC testnet pool to enable interaction between Bitcoin and sBTC.
These developments have strengthened STX’s position as one of the best cryptocurrencies, making it up 589.44% year-on-year. The monthly chart on CoinMarketCap shows that its gains are over 134%, indicating that the coin has been in the hands of bulls recently. As of writing, STX is priced at $1.57, up slightly by 4% from last week.
In 2024, STX is expected to soar, especially if the price of BTC also soars. Sentiments are running high as the approval of a BTC ETF is imminent.
MATIC
MATIC is a layer 2 scaling solution for Ethereum. Its goal is to solve some of the most pressing issues associated with the Ethereum blockchain by enhancing scalability and usability.
Recently, Binance, the largest exchange by volume, announced that it would add new trading pairs for MATIC, causing the coin’s price to rise by 20%, resulting in MATIC’s price exceeding $1.05 for the first time since April 2023.
A cryptocurrency analyst who closely follows MATIC said the cryptocurrency is on the verge of a major breakout and could see a rebound in the short term. The 7-day chart on CoinMarketCap shows a whopping 34% increase, while the monthly chart shows a 40% increase.
DOT
DOT is the native cryptocurrency of the Polkadot blockchain, which aims to enhance interoperability between different blockchains. Polkadot's goal is to enable different blockchains to transfer messages and value in a trustless manner.
Since its launch, DOT has been one of the best altcoins to buy. DOT is ranked 11th on CoinMarketCap with a market cap of over $10.8 billion.
December was an amazing month for DOT, with the number of users on the Polkadot blockchain increasing exponentially to a new high of 7,120. As a result, DOT has surged 20% in the past few weeks, with the monthly chart showing a 66% gain.
Buckle up as STX, MATIC, DOT, and GFOX look to be the factors that propel these cryptocurrencies to the forefront of the market, making them some of the most worth watching cryptocurrencies!
(Personal opinion, not a recommendation)
In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can keep each other warm and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry.
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