Crypto coins often see their prices jump significantly after getting listed on major exchanges, and Axelar is the latest example of this trend. Following its recent listing on Binance, Axelar’s price shot up by 80%, showcasing the impact such listings can have.
Meanwhile, Galaxy Fox ($GFOX) is gearing up for its retail debut. $GFOX is set to be listed on Uniswap, and there’s an anticipation that several major centralized exchanges might also list it due to its distinctive features and utility.
This upcoming listing could provide a significant lift for this new ICO crypto, signaling a promising future for the project.
Axelar Price Performance
Following its announcement of being listed on Binance, the world’s leading cryptocurrency exchange, Axelar’s $AXL token experienced a remarkable surge of 81%. This news, shared by Binance itself, sparked a wave of trading that pushed the price of $AXL to $2.73 each, up significantly from its previous $1.49.
Such dramatic price increases are typical when a cryptocurrency is listed on Binance, as traders look forward to better liquidity and more visibility. In a notable instance, one trader quickly turned the news into a profit, earning $56,028 in just eight minutes after the announcement.
This phenomenal uptick for Axelar is happening as it steps up to enable secure cross-chain communication within Web3. By providing a decentralized network and a comprehensive toolkit, Axelar is set on making it easier for dApps to interact across various blockchain platforms. All these makes $AXL one of the best alt coins to watch now.
What Makes Galaxy Fox ICO So Promising?
Galaxy Fox is quickly becoming well-known thanks to its standout presale, which is as distinctive as the features it brings to the table. Setting itself apart from the usual cryptocurrency crowd, Galaxy Fox marries a play-to-earn gaming model with a staking platform, all built on the Ethereum blockchain.
The game, simple but engaging, has proven to be a big hit. Players who land in the top 20% during weekly and monthly gaming seasons earn a slice of the prize pool. This pool is filled with half of the funds from in-game market sales—the rest goes back into developing the project.
A key highlight of this new ICO crypto is its unique NFT collection. With 3000 unique NFTs available during the presale, these aren’t just collectibles; they enhance gameplay by giving players a competitive boost and adding special features to their avatars.
When scouting for meme coins, it’s crucial to consider the project’s approach to tokenomics. Most meme coins are either inflationary or come with a hefty supply, focusing more on fun than financial gain.
The ERC20 coin $GFOX breaks away from this norm by aiming to deliver solid financial returns to its investors. It enters the market as a hyper-deflationary token, with a total supply of 5 billion tokens that will decrease over time through burning, making $GFOX more scarce and valuable.
Regarding the presale, $GFOX’s ICO is meticulously planned, with the token price gradually rising through each of the 10 stages. Currently, in its 8th phase, $GFOX is priced at $0.002178, aiming for a launch price of $0.002904. This strategy is set to reward early backers with a strong potential for profit.
Final Remarks
The new ICO crypto Galaxy Fox is gaining attention for its unique offerings and thoughtfully arranged presale, aiming to make a significant impact in the crypto market. It’s appealing to investors with the opportunity to buy in at an early stage at a more affordable price, suggesting the potential for notable gains in the future.
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