The cryptocurrency market is currently experiencing a bull run, with most coins experiencing major price surges. One such coin is $LINK, which has steadily climbed up the price chart, stopping at an all-time high for the year. Meanwhile, $GFOX has seen a whopping 31% growth in its presale, with even more growth to come. Read on to learn more about these top 10 altcoins 2023, why they are rising, and the future outlook for these coins.
Chainlink Still Has More Upside
In the last couple of weeks, Chainlink cryptocurrency whales have shown a strong interest in Chainlink, with over 200 wallets accumulating more than $50 million worth of $LINK tokens. The renewed interest has caused a surge of over 140% in the market cap of $LINK, making it one of the top 10 altcoins 2023.
Although $LINK has experienced a slight price decrease of 1.51% in the last 30 days to trade at $14.91, market analysts are still optimistic that the coin has more room for growth. In the short term, market analysts suggest that $LINK could go as high as $23 by the end of 2023, and then shoot upwards to between $39.85-$77.34 by the close of 2025.
$GFOX Climbs By 31%
$LINK is not the only one among the top 10 altcoins 2023 that is on a bull run, $GFOX, a new meme and play-to-earn project is also on the rise. The presale which is now in its 3rd stage saw a price increase of 31% in the last few days, leading to a heightened increase in the coin.
Currently, $GFOX is trading at $0.0011, making it one of the best cheap cryptos to buy. The presale has already sold over 1 billion $GFOX tokens, raising more than $822,000.
The growth of the $GFOX presale is rooted in the value proposition of the project. Unlike mainstream meme coins, $GFOX sets itself apart by incorporating utility into its ecosystem. From allowing investors multiple avenues to providing a relaxing Web 3 game, $GFOX has everything you want in a meme coin.
Play-To-Earn Game
One of the main attractions of the $GFOX project is its play-to-earn game that is expected to help $GFOX stand alongside major play-to-earn tokens like the Sandbox and Axie infinity. This web 3 runner game allows players to engage in a competitive game where they receive rewards if they are among the top 20% of players on the leaderboard.
Players can enhance their gameplay and boost their chances of success by using $GFOX tokens to purchase temporary attribute boosters from the $GFOX marketplace. $GFOX NFTs also come in handy when a player wants to gain an edge over other players and boost their chances of winning. Better still, part of the proceeds from in-game purchases are added to the prize pool which is then distributed to the top 20% of players on the leaderboard at the end of the gaming season.
Staking Rewards
Another feature of the $GFOX ecosystem that enhances its appeal as one of the top 10 altcoins in 2023 is its staking platform. The project has set up a Stargate that collects 2% of every $GFOX transaction. This way, there is a never-drying stream of funds that is then distributed to every staked $GFOX token. This ensures that the most loyal $GFOX tokens get access to one of the best ways to earn passive income with crypto, and they always feel appreciated.
NFTs And Merchandise
Additionally, $GFOX also offers one of the coolest NFT collections in the market. This collection of NFTS features 3,000 unique pieces, each inspired by characters from the $GFOX ecosystem. Once they launch, you can mint yours directly from the $GFOX website.
But that’s not all, in addition to digital collectibles, $GFXO also has a handful of physical merchandise you can purchase and add to your collection. This includes collectible items that can spruce up your space and remind you of your favourite crypto project as well as sleezy fashion items you can use to spice up your wardrobe.
Final Word
As we head into 2024, it’s a good idea to update your portfolio with $LINK and $GFOX as they’re likely to keep increasing in 2024. With the crypto market expected to grow by trillions in the coming year, there has never been a better time to invest in high-potential cryptos, especially presales like $GFOX.
Learn more about $GFOX here:
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