The post December’s Top 3 Cryptos Ripe For 30x Gain appeared first on Coinpedia Fintech News
Crypto started with a simple goal: making transactions quick, decentralized and cheap. But over time, they’ve become much more than that. They’re not just digital money anymore; they’re also a way to store value and potentially see big returns. So, in these developments, finding the right crypto gems has become a favorite side hustle for many.
If you plan on welcoming the next year with the best altcoins secured in your portfolio, make sure you check out these three: Galaxy Fox ($GFOX), Filecoin ($FIL), and Mantle ($MNT). What’s so unique about these altcoins?
Comprehensive Overview of $GFOX
Galaxy Fox is a rising force in the meme coin arena, skillfully blending gaming, DeFi, Staking, and NFT elements.
A web3 runner game is the foundation of Galaxy Fox. Notably, having fun isn’t the only purpose of this game; players can also win $GFOX tokens by performing well and moving up on the leaderboards. Specifically, the top 20% of players in each gaming season earn in-game currency, which can be converted into $GFOX tokens, creating a clear financial correlation between skill and success in the game.
Staking is another key component of the Galaxy Fox ecosystem. The Galaxy Fox Stargate, a pool fed by 2% of all transaction fees, forms the foundation of its staking program. These funds are then redistributed to stakers, and the ones locking up their tokens longer receive bigger rewards.
A well-designed tax structure adds even more support to the sustainability of the environment. A 6% tax applies to each $GFOX transaction, which is then divided between the treasury, the staking pool, and the liquidity pool. This guarantees a consistent flow of money – an essential metric of stability and ecosystem growth.
Yet, Galaxy Fox’s dynamic presale concept is probably what will help $GFOX rank among the top 10 altcoins the most. After a successful first phase that raised over $360k, the second phase is on. This excellent start points to a lot of future growth possibilities.
The presale is made up of ten stages, with a little price rise at each. Ultimately, these minor price boosts add up to 450% growth, giving early adopters a sizable profit.
Investors have many reasons to join $GFOX at its earliest stages, but to encourage them further, the $GFOX team has also introduced a bonus system. With the promo code “STAGE 2,” you may increase your first investment by 10%.
The presale will also be enriched with several generous giveaways, so make sure you become a part of Galaxy Fox early and benefit from all these exciting opportunities.
Why is $FIL a Good Pick for This Month?
Filecoin is a famous decentralized data storage blockchain ecosystem with a native token, $FIL. It allows users to host decentralized frontend websites and get an alternative to centralized platforms like Amazon Web Services and Alibaba Cloud, where privacy is often compromised.
The Filecoin Virtual Machine (FVM) announcement lifted $FIL from $3.01 to $8.58 in February. Although there was a pullback later, by November, $FIL had stabilized at around $4.5, up 54.81% since January.
Overall, its great utility, the growing popularity of the cloud storage industry, and the fact that Bitcoin is getting close to its $40k price mark have helped $FIL remain its spot among the best altcoins of December.
What’s The Future of $MNT
Mantle is a relatively new DAO-governed ecosystem that’s made a notable entrance into the market. Its native coin, $MNT, powers many decentralized systems, like the Ethereum Layer 2 Mantle Network and Mantle Governance. Modular design and optimistic roll-up technology make the Mantle ecosystem stand out, offering better security and cheaper prices than Layer 2 alternatives.
The market debut of $MNT was quite successful, and it quickly saw a notable rise. Overall, this currency, which is now trading at around $0.51 and is ranked 39th in terms of total market capitalization, seems to be on a fair climb in the months ahead.
Bottom Line
The bull market is in full swing, and now is the ideal time to fill up your portfolio with some of the best altcoins out there. From almost 20,000 existing altcoins, $GFOX particularly deserves your attention. This new ERC20 coin enters the market with the best ICO model and great utility that is yet to be experienced. So, great ROI is highly likely for those who get in on this project early.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
#PressRelease [Source: Coinpedia]