SOL rallying before Christmas, Galaxy Fox presale sails past $750k

Solana (SOL) and Galaxy Fox (GFOX) dominate news headlines. Firstly, we assess the present status of SOL and its likelihood of remaining bullish this year. Secondly, we delve into the presale performance of an emerging GameFI project, Galaxy Fox.

Solana posts strong growth before Christmas

Solana has rallied by 70% in the 30 days leading up to Dec. 8. This comes on the heels of an earlier 300% surge this year.

SOL recently rose to as high as $70 after trading sideways around $20 for most of 2022. 

In October, the crypto market rose, pumping SOL above $30 on Oct. 24. As it continued progressing, the rally slowed down on Nov. 16 to around $65. However, the momentum rose again in December, forcing SOL above $70.

Some analysts remain bullish, expecting the coin to reach $100 by the end of the year. 

Galaxy Fox presale rises above $750k

Galaxy Fox is being considered as investors seek crypto projects to diversify their portfolios. The project stands out for its concept of earning crypto rewards while engaging in gameplay.

Galaxy Fox’s Web3 Endless Runner game aims to foster friendly competition, encouraging players to test their skills and climb the leaderboards. The top 20% of players receive a share of the prize pool each season, providing a tangible incentive for participation.

In addition to its gameplay-based rewards, Galaxy Fox also implements a staking mechanism, rewarding GFOX holders with 2% of all transaction fees. This dual approach ensures active players and token holders benefit from the project’s growth.

The Galaxy Fox presale is ongoing, raising over $750,000 and attracting many early investors. 

With the presale currently in stage 3, GFOX is available for $0.001122. As the presale progresses, prices will continue rising.

Galaxy Fox’s tokenomics strategy is another key strength. The project allocates 4% of every GFOX trade to the liquidity pool and treasury, ensuring long-term stability and discouraging sudden sell-offs. The 2% staking pool fee further incentivizes holding and contributes to the project’s sustainability.

Galaxy Fox also blends the concepts of GameFi and memecoin. The Web3 Endless Runner game provides a fun and engaging platform for earning crypto rewards, while the project’s memeable characters and NFT assets further enhance its appeal.

The Galaxy Fox gaming ecosystem is expanding by introducing NFTs that can be traded on platforms like OpenSea. 

Conclusion

Solana’s growth and Galaxy Fox’s approach can offer some hope for crypto enthusiasts. 

Having raised over $750,000 in the ongoing presale, Galaxy Fox is being explored by investors. 

Learn more about GFOX here:

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