Bitcoin

Next wave in P2E cryptos: discover a noob-friendly coin that raised $1M in a month

Spotting the next best upcoming ICO before it skyrockets can be the key to transforming modest investments into substantial gains. As we gear up for the crypto rollercoaster of 2024, Galaxy Fox emerges as a frontrunner, blending the captivating allure of memecoins with the groundbreaking potential of play-to-earn tokens. Galaxy Fox presale hits $1.5M milestone Galaxy…

Spotting the next best upcoming ICO before it skyrockets can be the key to transforming modest investments into substantial gains.

As we gear up for the crypto rollercoaster of 2024, Galaxy Fox emerges as a frontrunner, blending the captivating allure of memecoins with the groundbreaking potential of play-to-earn tokens.

Galaxy Fox presale hits $1.5M milestone

Galaxy Fox has proven to be a beacon of success in a crypto market that often feels like navigating uncharted territories. Galaxy Fox has reached a milestone of $1.5 million in its presale! At the time of writing, the presale is in Stage 5, with $GFOX priced at $0.001518.

With $1 million raised in a month and more than 1.6 billion tokens circulating among early investors, the momentum for this best cheap crypto to buy right now is undeniable, setting the stage for even greater heights with the next stage approaching.

Galaxy Fox’s unique proposition

Galaxy Fox stands out as a meme coin with a purpose, strategically positioning itself as a top crypto investment for the anticipated GameFi-driven bull market in 2024. What makes $GFOX a standout player in this space is its dual narrative – seamlessly blending the allure of meme coins with the practicality of play-to-earn tokens.

One of the ingenious moves by the Galaxy Fox team is the incorporation of a protocol-level marketing budget. By allocating 2% of buy and sell taxes to the protocol Treasury, which fuels community initiatives and marketing efforts, Galaxy Fox ensures a constant revenue stream for ecosystem expansion.

This savvy approach enhances the token’s viral nature and positions $GFOX as an appealing investment. It’s also among the best upcoming ICOs for those who understand marketing dynamics and the importance of attracting new users.

Play-to-earn redefined: Galaxy Fox’s inclusive approach

Galaxy Fox doesn’t just stop at being a memecoin sensation. It revolutionizes the play-to-earn (P2E) model. While many P2E tokens reward only the top echelon of skilled players, Galaxy Fox introduces a more inclusive approach. In the Galaxy Fox ecosystem, all holders of this good crypto to buy can participate in the Web3 runner game, with the top 20% earning prizes exchangeable for $GFOX tokens.

Moreover, Galaxy Fox breaks away from the traditional P2E mould by providing earning opportunities for all token holders through its Stargate staking module. Stargate accumulates 2% of all ecosystem transactions and distributes these rewards among stakers, ensuring a residual income for all participants.

Galaxy Fox: a memecoin maverick for 2024

With the presale gaining unprecedented traction and Galaxy Fox already surpassing $1.5 million, the enthusiasm surrounding this unique token is palpable. Investors who hopped on board during the early stages have already witnessed four price increases, signalling the potential for substantial gains in the upcoming stages. The urgency to act is real – the countdown to secure $GFOX at discounted prices is ticking.

Galaxy Fox brings a breath of fresh air to a market inundated with knock-off dog coins and questionable Pepe joke tokens. The team’s dedication to real utility, serious development, and a touch of humour sets $GFOX apart in a landscape that has witnessed the rise and fall of countless memecoins.

Final Thoughts

As you venture into the unpredictable terrain of the crypto market, Galaxy Fox emerges as the best upcoming ICO for investors seeking both fun and profitability. Don’t miss out on the opportunity to be part of the Galaxy Fox community and explore the vast potential that lies ahead.

Galaxy Fox has sparked a financial revolution, and you’re invited to join the journey. Visit the official website today to secure your spot and be part of a thriving community that’s rewriting the rules of the crypto game. Whether you’re a seasoned investor or a curious newcomer, Galaxy Fox welcomes you to explore the next wave in P2E coins. Get involved today!

To learn more about $GFOX, visit Galaxy Fox Presale or join the Community.

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The TON Foundation announced that the Open Network will launch a trustless bridge to allow people to bridge Bitcoin into the TON ecosystem for DeFi purposes. The bridged Bitcoin, called Teleport BTC, will maintain the original Bitcoin’s security while allowing holders to take advantage of the growing opportunities on TON.

According to the Foundation, each Teleport BTC will be backed 1:1 by native Bitcoin via a trustless, transparent process chiefly executed by verifiable smart contracts and validators.

This new development aims to “enhance Bitcoin’s utility, transforming it into a powerful tool for generating additional rewards on TON.”

TON’s Growth in 2024

The Open Network, closely linked with the popular Telegram messaging app, has been on an upward climb in 2024 both in price and network development. The network was initially created by the Telegram team for internal use but was abandoned and eventually picked up by the community.

TON made major waves after Telegram re-established contact by using the network to power its ad reward system, which pays channel owners in TON (the network’s native cryptocurrency) for traffic and views.

Outside of Telegram, TON is making a name for itself as a social gaming chain with tap-based casual projects like Notcoin and Hamster Kombat garnering attention.

TON’s Growing DeFi Ecosystem

While TON is not primarily known as a network for decentralised finance, its DeFi ecosystem has witnessed a boom in recent months. According to Defillama, a leading on-chain finance data provider, the total value locked on TON currently stands at $745.96 million as of writing after rising significantly from $22 million at the end of February 2024.

The Open Network plans to launch the Teleport BTC bridge later this year.

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Bitcoin

First ETP for Near Protocol’s NEAR token unveiled on Sweden’s Spotlight Stock Market

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market. Valour currently operates one of the largest Solana ETPs. The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs. Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR. This groundbreaking ETP will be…

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market.
Valour currently operates one of the largest Solana ETPs.
The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs.

Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR.

This groundbreaking ETP will be available on Sweden’s Spotlight Stock Market, offering retail and institutional investors the opportunity to gain exposure to the decentralized application development platform.

NEAR ETP joins Valour’s diverse portfolio of ETPs

Valour already operates one of the largest Solana ETPs, Valour Solana, and offers a suite of staking products, including ETPs for Bitcoin, Ether, and Internet Computer.

Valour’s head of product, Elaine Buehler, emphasized the significance of this new fund, highlighting its potential to grant investors access to an asset renowned for its transformative impact on decentralized finance (DeFi) and non-fungible tokens (NFTs).

Near Protocol, designed to tackle common blockchain development challenges such as user onboarding and multi-chain operations, boasts a market capitalization of approximately $6.8 billion. This positions NEAR among the top 20 digital assets globally, according to CoinMarketCap.

The launch of NEAR ETP comes amid a wave of regulatory approvals in the United States, where investment managers BlackRock, Franklin Templeton, and VanEck recently received preliminary approval to list the first exchange-traded ETH products. Analysts predict this move will pave the way for more crypto exchange-traded products in the US, including potential Solana-based ETFs.

Valour’s parent company, DeFi Technologies, currently manages around $600 million in assets across various crypto-native strategies.

On July 16, DeFi Technologies expanded its footprint by acquiring trading desk Stillman Digital in an all-stock deal. This acquisition is expected to significantly enhance the Canadian crypto platform’s capabilities, potentially positioning it as a formidable competitor to larger entities like Galaxy Digital.

Valour’s new NEAR ETP represents a significant advancement for investors seeking exposure to innovative blockchain technologies, reinforcing the firm’s position at the forefront of digital asset investment products.