The cryptocurrency market has been in a slump recently, with many coins, including the best altcoins to invest in experiencing significant losses. However, there are a few coins that have managed to hold their own and even come out on top. In this article, we’ll explore four such coins: $AVAX, $INJ, $SNX, and $GFOX.
$GFOX
$GFOX is a new meme coin gem that is driven by a clear mission to proliferate and transform. The project is all about combining the fun nature of meme coins with the utility of mainstream cryptos to come up with one of the best meme coins to buy.
$GFOX offers an exciting play-to-earn game that allows players to enjoy thrilling gameplay while earning extra income in the form of $GFOX tokens. It also rewards the most loyal investors who lock up their $GFOX tokens for the long term.
Additionally, the $GFOX ecosystem features one of the coolest NFT collections, consisting of 3,000 non-fungible tokens, inspired by different creatures from the $GFOX ecosystem.
Unlike most crypto projects, $GFOX doesn’t confine itself to the digital realm, it infiltrates our daily lives with sleazy fashion items and collectibles available from the marketplace.
$GFOX also has a token burn feature that helps increase the value of the $GFXO tokens over time. As more people buy into the project, the token burn feature removes some of the $GFOX token supply, this creates scarcity in the market, which in turn leads to price increases.
The recent growth of $GFOX is evident in the presale, not only has the price increased by 30% from stage two, but the presale has raised close to $1 million and sold more than 1.1 billion.
$AVAX
Another one of the best altcoins to invest in that has been on a winning streak is $AVAX. $AVAX is the native coin of the Avalanche blockchain that hopes to unseat Ethereum as the largest blockchain-based development and smart contract platform.
Since its inception in 2020, $AVAX has been known as one of the best altcoins to invest in, so the recent uptick is no surprise to investors. $AVAX has gained 43% in the past 7 days to trade at $39.04 at the time of writing. In the past 30 days. $AVAX has gained an impressive 131% – and the good news is that charts still show more room to the upside, as long as the market conditions remain stable.
$INJ
Next on our list of best altcoins to invest in is $INJ. Like other coins on our list, $INJ has been on a tear, gaining about 59% in the last 7 days and about 73% in the past month.
$INJ is the native cryptocurrency of the Injective blockchain, a layer one blockchain designed for optimising the prices of trading assets across different blockchains. The growth of $INJ is mostly because of the recent bull run. As you already know, an increase in the price of Bitcoin often leads to a similar effect for other altcoins, and $INJ is no different.
$SNX
$SNX is the native token of the Synthetix platform, a decentralized trading platform. Synthetics is built on the Ethereum blockchain. It helps users create synthetic versions of different financial instruments such as cryptos and stocks using smart contracts.
$SNX currently ranks as the #53rd cryptocurrency by market cap, with a market cap of just over 1.3 billion. In the recent bull run, SNX has grown by $61.12 in just one month. Weekly charts show that $SNX is up 17% at the time of writing. However, $SNX has been winning all year long, with a year-to-year increase of 138%. Charts show it still has plenty of room left for growth, so hang on to this one for the long-term, as it could still easily 5x from its present price range.
Final Word
While the rest of the crypto market faces a downturn, led by crypto pioneer Bitcoin, the top altcoins to invest in, $AVAX, $INJ, $SNX, and $GFOX are holding strong and fighting the market tide to continue moving upwards. But even among these well-performing coins, $GFOX stands out as the one with the highest growth potential both for the short-term and the long-term. Join the $GFOX presale today for gains that could easily head into the triple digits.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
