2024 Price Outlook: Comparing Litecoin, GalaxyFox, and Toncoin

2024 Price Outlook: Comparing Litecoin, GalaxyFox, and Toncoin

There are several reasons why crypto investors should be excited heading into 2024. Experts are seeing signs that the next bull run will likely start in the first quarter of 2024, while others argue it’s already started.

Many analysts have identified projects like Litecoin, GalaxyFox, and Toncoin as top cryptos to invest in that will give investors massive price gains as they hustle to reposition themselves to be part of this bull run.

In this article, we are going to explain what crypto experts think Litecoin, GalaxyFox, and Toncoin will achieve in 2024. Read this article to learn more.

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Litecoin ($LTC)

Litecoin ($LTC) was the first altcoin to improve many of Bitcoin’s issues. Litecoin was designed for secure, fast, and low-cost payments. While Litecoin is not as popular as Bitcoin, it’s still one of the best cryptos to buy.

Litecoin remains one of the most traded cryptocurrencies in the world. It is a relevant choice for new and seasoned investors who want to boost their portfolio with crypto with lots of flexibility and value.

The current price of Litecoin at the time of this writing is $75.70, with a current market cap of 5.59 billion US dollars and a circulating supply of 73.86 million $LTC.

To understand Litecoin’s future, we have to consider market factors, such as the upcoming halving event. This practice lessens the amount of LTC in circulation, enabling token scarcity and price increases.

Meanwhile, it should be noted that former halving events didn’t improve the price of $LTC; instead, the token continued a downtrend. So, there is no guarantee that the upcoming halving event will boost the price of $LTC.

However, $LTC’s price prediction for 2024 is bullish, as many experts predict that the token will rise to over $200 if the current cryptocurrency’s bullish conditions continue.

Toncoin ($TON)

Toncoin ($TON), a blockchain platform, was an idea for Telegram’s messaging app. Telegram’s mission was to build a new blockchain network that would compete with Ethereum. 

Unfortunately, the company abandoned the project following the US Securities and Exchange Commission’s (SEC) court case against Telegram that Toncoin ($TON) is a security.

A group of developers known as Newton picked up the project and launched the Toncoin blockchain after Telegram abandoned it.

$TON started trading at $0.50 in August 2021 but rose to $5.29 by November 2021 during the crypto bull market. However, the crypto winter of 2022 saw the price tumble to $0.80. $TON experienced a steady price rise in 2023 as it gained more users and use cases.

The current price of $TON at the time of this writing is $2.41, with a current market cap of 8.2 billion US dollars and a circulating supply of 3.4 billion $TON.

The $TON’s price prediction for 2024 is bullish, as many experts predict that the token is one of the  top cryptos to invest in, as it’s set to rise to over $5.50 by the end of 2024 if the crypto market condition remains favorable.

Galaxy Fox ($GFOX)

Many crypto experts have tipped Galaxy Fox ($GFOX) as one of the top cryptos to invest in. The platform is a P2E blockchain project that allows players to engage with one another to unlock remarkable financial opportunities. Players aim to rank among the top 20% on the leaderboard to earn in-game assets that can be exchanged for $GFOX.

In addition to gaming, the platform was designed to offer various earning opportunities, such as staking, minting, and selling of NFTs, burn tokenonics, and more.

The platform’s native token, $GFOX, is the governance and utility token powering the project. Holders are open to several utilities on the platform and will have plenty of opportunities to earn rewards through the project.

Galaxy Fox revealed it had supplied 5 billion $GFOX tokens. Therefore, 70% of the tokens are available for public sale. The remaining 30% will be used for the ecosystem, team tokens, competition, and prizes.

The Galaxy Fox (GFOX) presale is live now on its website. The presale will come in ten stages, and the early investors will realize a remarkable 450% return in just the presale stages.

The company anticipates massive project growth as many investors have shown a lot of interest in buying the $GFOX tokens, hailed by many experts as the best cheap crypto to buy now.

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Learn more about Galaxy fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter

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