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Larry Fink is making the rounds on national television shilling Bitcoin (BTC), and analysts from Swissblock predict the next stop for BTC is $76K. The leader of the top ten cryptocurrencies is aggressively dragging the rest of the market along with it, and it is only a matter of time before a wild altcoin season breaks out.
Bitcoin (BTC): Swissblock predicts next stop $76,000
Galaxy Fox ($GFOX) is thriving under these market conditions. Will $GFOX hit $5 million before the presale ends? Things are heating up in this ICO, and with a retail launch just around the corner, all early participants should strap in for a high-octane price discovery phase.
Larry Fink continues to shill BTC, calling it a ‘great long-term store of value.’ He spoke on the importance of Bitcoin for people living under governments running high deficits and devaluing the currency- a not-so-subtle jab at the dollar and Federal Reserve. Swissblock analysts observed Bitcoin’s recent plunge and, following the retest at $60,000, forecast that the next key level is $76,000.
ETF inflows will lead this v-shaped recovery, and an important metric has been achieved. Now, all the Spot ETF issuers collectively hold more BTC than Grayscale. The natural buyers have overtaken the natural sellers. Bitcoin has firmly entrenched itself in the TradFi world and remains a top crypto to buy now for long-term exposure to the industry.
It goes without saying that as Bitcoin continues climbing, the rest of the market follows. When the leader of the top ten cryptocurrencies posts double-digit weekly gains, altcoins post the same returns but with multiples attached.
Galaxy Fox ($GFOX) may hit $5 million before presale ends
Galaxy Fox’s trajectory is something to behold. Recently crossing $4.2 million in funding and now targeting $5 million, the window for investors to join this presale is closing fast. Introducing a hybrid model has proven popular, and the unique play-to-earn/ meme blend makes $GFOX an excellent token to gain exposure to two of this cycle’s strongest narratives.
The play-to-earn runner game is a global competition between players to end the season in the top 20%. Those who do earn part of the prize pool and the protocol’s NFT collection add a new dimension to this competition. NFT holders are granted special in-game stat boosts, and with the ability to flip these digital collectibles on Galaxy Fox’s NFT marketplace, there is plenty of upside for savvy traders.
Staking rewards open up earning for everybody, and when payouts materialize, expect demand for $GFOX to start increasing. The token burn drives value via scarcity, and the protocol Treasury has been purpose-built to drive growth. It supports marketing efforts and community initiatives and is funded via Galaxy Fox’s line of real-world merchandise.
All growth levers are being pulled and it is only a matter of time before this presale reaches terminal velocity. It is the top crypto to buy for anybody bullish on memecoins and GameFi this year.
Swissblock has projected $76,000 as the next stop. Bitcoin continues to outperform compared to the top ten cryptocurrencies, and the capital rotation into altcoins has still yet to happen: altcoins still hold massive upside potential.
If Galaxy Fox maintains its current momentum, it will easily smash $5 million before its presale ends, and anybody who wants space on this galactic spaceship needs to move fast. Already 92% sold out and rocketing towards its retail launch, this gem is ready for takeoff.
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