The crypto winter is finally over. With Bitcoin ($BTC) up more than 2,022% from its 100-year low, investors who survived the crypto crash are in for an exciting year. First came the Bitcoin spot ETF, then the halving, which coincided with rate cuts and increased global instability. All the pieces came together perfectly, and after the longest bear market in crypto history, we now look poised to enjoy the most violent bull run yet.
But what are the best cryptocurrencies to buy? Explore these three promising tokens: Polygon ($MATIC), Galaxy Fox ($GFOX), and Cardano ($ADA). The three altcoins leading the bull run are undoubtedly the best cryptocurrencies to buy right now.
Galaxy Fox ($GFOX) P2E Superstar
Galaxy Fox has launched its presale, giving global investors the opportunity to buy into the next superstar altcoin early. The project plans to become a widely adopted Web3 currency and has a solid roadmap to achieve this goal.
Galaxy Fox is built around its play-to-win Web3 running game, which rewards the top 20% of players each season. It has an NFT marketplace where NFTs can grant in-game stat upgrades and hold real-world goods. Revenue generated from these sales will fund the treasury to support further expansion.
The real driving force behind Galaxy Fox's growth will be its unique token economy. $GFOX token holders can stake their tokens in Stargate modules and will receive staking rewards funded by the protocol's tax system instead of inflationary token rewards. In addition to this, 70% of the tokens will be sold through a presale.
$GFOX has little inflationary pressure on its circulating supply, and total supply will decrease due to token burns, similar to the burn mechanism of Ethereum ($ETH). A staged price increase enabled initial pre-sale investors to earn a 450% gain prior to launch. Analysts have publicly stated that GFOX is one of the best cryptocurrencies to buy entering a bull run.
Polygon ($MATIC) Creates ZKFrontier
Polygon has been working to scale Ethereum since its early days as a proof-of-stake sidechain. The team has continued to build non-stop throughout the bear market and has arguably made the most impressive progress in the area of zero-knowledge rollups.
This second layer solution aims to become the value layer of the internet and usher in a whole network of interoperable zk-rollups, all of which will benefit from the security of Ethereum. With massive throughput and a team dedicated to pushing the rollup functionality, $MATIC is without a doubt the best cryptocurrency to buy. Analysts predict that the price target for the native token will reach a high of $2.01 in 2024.
Cardano ($ADA) Developer Surge
With a lot of developer activity on the network, Cardano has once again gained attention. Despite being often discounted by many crypto investors, Cardano still holds a spot in the top 10 cryptocurrencies. And is a coin that retail investors will be more familiar with.
Retail capital flows have been crucial to watching this bull run, with retail participants flooding the market, even dinosaur tokens like $ADA can easily get a bid. Price predictions predict ADA will trade between $0.73 and $0.89 in 2024. Can this alternative first layer make a comeback in the bull run?
Prepare to release a spot password, with an increase of 30%+, fans will be notified, welcome to take advantage of it for free.