Seven of the best cryptocurrencies you can invest in this December to begin your crypto investment journey.
Over the past two months, cryptocurrencies have had a strong upward momentum that has piqued investors’ interest. Choosing what cryptos to invest in, however, can be challenging for novices in the field. That is the question that this article aims to address.
This article has been put together to answer that question. From the surging Solana to the stability of Bitcoin, and the promise of Galaxy Fox ($GFOX), here are seven of the best cryptocurrencies to invest in for beginners.
Galaxy Fox ($GFOX)
Galaxy Fox ($GFOX) has emerged as the top contender for crypto of 2023 because of its unique new model. The project has blended the appeal of meme coins with a play-to-earn (P2E) ecosystem. This has made $GFOX a dual utility token.
The ecosystem is built around an intergalactic web3 runner game. To add more excitement to the game, Galaxy Fox has integrated some of the coolest NFTs in the entire crypto market. These NFTs serve as boosts to each character, increasing their potential for earning.
As players journey through this exciting virtual world, they earn amazing prizes in $GFOX and digital assets. Because of its dual utility, analysts have predicted up to a 1,000% price increase for $GFOX making it one of the best cryptocurrency investment for beginners.
Bitcoin is the leading cryptocurrency and has recorded significant gains over the last few weeks. $BTC has gained more than 25% on the monthly chart. Some market experts have predicted approval for a spot Bitcoin ETF, making $BTC one of the best crypto to invest in right now.
In addition, a new bull cycle has been confirmed for Bitcoin. This will accelerate once Bitcoin goes into its halving, as well as once a Spot ETF is eventually approved b
Ethereum, which ranks second in terms of market capitalization, is frequently referred to as the silver to Bitcoin’s gold. Ethereum’s ability to work as a platform for smart contracts has contributed to its supremacy. But $ETH has also been proven to be in a bull market.
In another indication of growing institutional interest, BlackRock recently submitted an application for an Ethereum ETF. Because of this, $ETH has outperformed $BTC in the last month. This trend could continue into December 2023, making Ethereum one of the best cryptocurrencies to buy right now.
Solana has outperformed most of the crypto market in the last few weeks. The Solana price has increased by more than 200% in the last 30 days, making it one of the best cryptocurrencies to invest in.
$SOL is considered a top crypto to invest in because of its potential. The Solana network is faster and more scalable than Ethereum. This is the key reason why Jacob Canfield has predicted that Solana could trade as high as $1,000 and overtake Ethereum.
Tron is one of the oldest decentralized crypto projects, making it a safe bet for beginners. In October, the Tron network became the single-largest blockchain for $USDT settlement. The network then hit a TVL high of over $6.648 billion in terms of underlying supply.
This dependability has been shown in the growth of the $TRX coin. Throughout 2023, the price of Tron has grown steadily, with gains of more than 100%. This growth has been predicted to extend into December 2023.
Avalanche was once the most popular layer 2 scaling solution but has become one of the fastest chains. The adoption of Avalanche has steadily grown over the last few years. This can be seen with the Republic choosing the Avalanche blockchain to launch its digital asset.
The $AVAX coin has benefitted from this growth, gaining 137% over the last 30 days. As one of the fastest blockchains with expanding adoption, Avalanche is considered one of the best cryptocurrencies to invest in for beginners.
This is one blockchain that has excelled in smart contract expandability, data feed, and DeFi dominance. This has earned Chainlink a partnership with some of the biggest names across industries including, Australia and New Zealand Banking Group, Swift, PwC, and Coinbase, among others.
As more names adopted the Chainlink Oracle service, the price of $LINK has grown. $LINK has gained 100% in the last 30 days. Already in bull territory, the price of the altcoin could increase even higher in December.
Cryptocurrencies have been projected to rally in December 2023, but not many offer the potential of Galaxy Fox. Its dual utility and passive earning capacity of Galaxy Fox gives it better chances of rising than other cryptos.
In addition, the project is still in the early crypto presale stage, making it a better bargain. The $GFOX token is currently being sold at $0.00066. For more info, visit the links below.