In the dynamic and turbulent market of late, three cryptocurrencies have been on many people’s radar: Solana, Stacks, and Galaxy Fox – each offering highly promising new technology to fulfill important niches in their respective ecosystems. Investors would be wise to take some time to get better acquainted with each of these projects to see what’s propelling them into the spotlight and making them the best crypto to buy.
Solana’s Journey to $100 and Beyond
After a period of trading sideways, Solana took off in mid-October and has continued its almost vertical ascent since then. At the start of December, trading volume for $SOL was at $1.85 billion. This figure then shot up to $4 billion in just one week – a huge jump of 185%, as $SOL blew past the $100 level. What’s driving the price surge, many Solana supporters believe, is the promise of speed and scalability at a time when Ethereum seems to be falling short of market expectations – both in terms of price and technological achievements.
Stacks: The Bullish Contender
Stacks is a Layer-2 blockchain designed to support the Bitcoin network. Its native currency, $STX, has been performing well recently, surging by 68% in the last 30 days and 119% in the last 3 months.$STX is hovering around $1.50. During a recent interview with Coin Bureau, billionaire investor Tim Draper named Stacks as the first “showstopper” of a crypto project that he learned more about this year, and thus the best crypto to buy.
The project basically brings Bitcoin into the DeFi world, allowing things like NFTs onto the Bitcoin blockchain. Stacks also brings some exciting new developments like Proof of Transfer (POX) and Micro Blocks to the Bitcoin ecosystem, providing a very welcome breath of fresh air to the oldest blockchain and exciting investors along the way.
Galaxy Fox: A Spectacular 3x Surge
Galaxy Fox has reached a milestone of $1 million in its presale! More specifically, it has raised over $1.4 million. This is exciting because it means the value of $GFOX has gone up three times in just three weeks.
The presale is in the fourth stage, and nearly all of the tokens (97.79%) are already sold, with only about 12 million left. Each $GFOX is priced at 0.00132 USD, but this price will increase to 0.001518 USD in the next stage.
What’s interesting about Galaxy Fox is how it combines a game where you can earn money with a fun, meme-themed approach. Galaxy Fox has a prize pool for $GFOX holders to get extra rewards, a treasury to help make the tokens more valuable by reducing their number, and a continuous process of burning tokens to make them rarer.
Conclusion
Solana, Stacks and Galaxy Fox are three of the most innovative and profitable projects for investors in the current market. Each has an important role to fulfill in the ecosystem, bringing significant price action and excitement from investors. All three of the projects represent excellent investment potential, but the presale status of $GFOX makes it a particular stand-out as the best crypto to buy as both Solana and Stacks have already seen major price rallies in the retail market, thus their upside potential is limited. With its smaller market cap, $GFOX has almost unlimited upside potential for those who get in early.
Learn more about $GFOX here:
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