Many top altcoins have already committed to the challenge of becoming the best cryptocurrency to invest in 2024. $XRP has chosen the path of a lawsuit victory and has targeted to trade at $20 to fulfill this goal. Meanwhile, Galaxy Foxis aiming higher for better returns by leveraging its great utility token- $GFOX. Its ongoing presale, which is positioned to generate 450% returns for early investors, is already testifying to the possibility of the token achieving this goal.
Following Victorious Legal Battles; Can Potential $XRP ETF Approval Skyrocket Ripple to $20?
For most of 2023, Ripple, the parent company of $XRP, experienced many legal battles with the U.S. Security and Exchanges Commission (SEC). This challenge heavily impacted the price of $XRP, causing it to undergo a series of ups and downs.
However, according to an update from December, Ripple’s co-founders, Brad Garlinhous and $XRP, have emerged victorious in the lawsuit cases. He ascribed this victory mainly to the unrelenting support of the enthusiastic $XRP community.
Also, following the news of the Spot Bitcoin ETF approval early this year, several Ripple’s investors have also hinted at a potential approval of Spot $XRP ETF approval which will most likely spur the token to trade around $20 and above.
While $XRP merely achieving stability was not the goal Ripple had in mind, it specified 2024 as the year to make more highly impactful moves, like building real-world applications and leveraging strategic partnerships.
Although top crypto experts see $XRP as a token with the potential to skyrocket to $20, this is just a projection and can’t be guaranteed because Spot XRP ETF approval remains possible, but uncertain.
Presale and Beyond: $GFOX Aiming for Consistent Milestones in 2024.
$GFOX is the new altcoin still in its presale that has taken courage to enter the intense race of becoming the best cryptocurrency investment of the year. While neglecting its newness to the crypto landscape, the platform is leveraging its advantage as a hybrid and investor-attractive meme coin to make its projected high returns come true.
The most attractive part of $GFOX is its Play-to-earn (P2E) aspect. This is where the platform allows participants to participate in an endless runner-game to contend for rewards exchangeable with $GFOX tokens. Participants will also be rewarded if they reach the top 20% of the ranking ladder.
Staking is another attractive activity to be experienced within the Galaxy Fox ecosystem. As loyal $GFOX investors prove their loyalty by staking their tokens, they are rewarded handsomely in $GFOX tokens.
Another aspect of $GFOX investors hold dear is its financial accountability. The platform achieves this by setting up a treasury that manages $GFOX tokens to fund upcoming development funding and carefully planned actions within the ecosystem.
Its token burn feature also allows a time-to-time reduction of $GFOX tokens circulating supply. This implies that when new users join the platform by purchasing $GFOX tokens, the total number in circulation reduces, increasing the demand, which will eventually make the value of $GFOX soar for the benefit of investors.
$GFOX is currently in stage 7 of 10 presale stages. At this stage, it is selling for $0.00198 per token. Recall that it began its presale at $0.0006, meaning those who invested at stage 1 are already 200% up on their investment. Stage 7 is almost 95% completed and the presale is expected to proceed to stage 8 in a couple of days.
Conclusion
While some crypto coins draw back from venturing into an adventurous journey of generating enormous returns for their investors, $XRP and $GFOX stand out in that aspect. However, $GFOX is still regarded as the altcoin with a better chance of returning higher gains, as it has shown this possibility in its ongoing presale.
To Jon this revolution, visit the website to get Galaxy Fox’s tokens at a 15% discount today. Also, join the telegram community for the latest updates on Galaxy Fox.
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