Lower rates. Easing monetary conditions. Spot ETF approved. Half life. 2024 will witness all these events and analysts have started using the term ‘generational bull market’. These macro conditions are generally excellent for risk assets, and the last two cryptocurrency-based catalysts could lead to an industry-wide price correction event as institutional capital flows into the market.
Which cryptocurrency should you buy now to become rich in 2024? The following four tokens are your golden ticket: Galaxy Fox ($GFOX); Celestia ($TIA), Optimism ($OP), And 6 ($6).
Galaxy Fox ($GFOX) Hottest pre-sale of 2024
Galaxy Fox is an up-and-coming P2E project that builds on the foundation of its predecessor and adapts it to the modern era. Pre-sales have already raised over $2.5 million, and the appetite for GFOX ownership has only grown. The classic P2E component is an addictive runner game where the highest-ranking players win prizes at the end of each season.
The integration of Memcoin marketing and word of mouth gives this token the explosive upside investors want in 2024. And the token economics model ensures continued upward pressure on prices. Token burning removes $GFOX from circulation and creates value through scarcity, while also allowing holders to earn staking rewards for this deflationary asset.
Introducing a purchase and sales tax would give Galaxy Fox a capital base for continued expansion. Some goes to the Treasury to fund marketing efforts. This is the most effective way to acquire new users during a bull market. And these taxes are also paid to stakers, which is how Galaxy Fox pays a base rate of return on deflationary assets.
Users who stake $GFOX during the price discovery phase can expect excellent payouts. Pre-sale participants will be among the first to stake, and the growth of the GameFi narrative provides an additional growth catalyst. $GFOX is the best cryptocurrency to buy right now for investors looking to join the fast track to wealth this cycle.
Celestia ($TIA): modular thesis
Celestia is a data availability solution that provides new financial primitives for creating customizable rollups through a custom execution environment. Modularity is the future of blockchain, and Celestia’s data availability layer will have hundreds, perhaps thousands, of application-specific blockchains underneath.
All of these rollups are paid in $TIA for Celestia’s services. This is an organic, recurring source of buying pressure. $TIA stakers have already received numerous airdrops, providing additional incentives for ownership. To date, it is the only liquid token that offers exposure to the growth of the modular narrative and is another top cryptocurrency to invest in this year.
Optimism ($OP) Dominant Layer 2
Optimism is a general purpose layer 2 built on top of Ethereum and dominates the layer 2 competition when it comes to network effects. Despite Arbitrum ($ARB)’s higher TVL, Optimism’s OP stack adoption is quickly surpassing that of Arbitrum Orbit. Network effects will determine the winner in 2024, and $OP is well ahead of $ARB in terms of value generation.
$OP holders have governance authority over all chains leveraging this modular building stack. And if Ethereum rallies in revenge this year, $ETH beta, like $OP, will rally twice as hard. $OP is the perfect answer to the question of which cryptocurrency to buy now for leveraged $ETH exposure.
Sei ($SEI) Year of Parreleized EVM
Sei is a parallelized EVM and could be the fastest layer 1 blockchain in the space. It boasts a theoretical throughput of 20,000 transactions per second and gas fees are negligible. Could $SEI lead to a re-execution of alternative layer 1 transactions?
High-throughput applications (Gaming/Trading/Perps) are likely to be deployed on Sei, and the advantage of Layer 1 trading is that it is simple to set up. More apps deployed on the chain means more users, which means more buying pressure on the native token. In this case $SEI. It’s a tried and tested playbook.
Closing Thoughts: Buy Altcoins and Small Caps Today
This cycle gives investors about two years to make as much money as possible. Institutional adoption and acceptance of blockchain systems is a double-edged sword. This will ensure legitimacy but steadily eliminate the volatility that investors love.
Which cryptocurrency should you buy now during the last cycle of volatility and 100X? For those who want to join the fast track to becoming a whale this cycle, the real answer is the Galaxy Fox. It launches on optimistic terms, boasting solid token economics centered around the fastest growing narrative (GameFi) in 2024. $GFOX is waiting for something 100x to happen. Join the pre-sale today!
Learn more about $GFOX here:
Check out the Galaxy Fox pre-sale | Join our community