Despite the recent market decline, it has been confirmed that the cryptocurrency market has already entered a new bullish phase. With massive price rises expected, investors are looking for the best altcoins to invest in.
In the early stages of this new bullish cycle, Cardano ($ADA), Tron ($TRX), Polygon ($MATIC) and Galaxy Fox ($GFOX) is one of them. Best altcoin At the supermarket. Through analysis, experts have determined which of these coins are good investments in a bull market. Let’s find out how they will behave.
Buy $GFOX tokens
Cardano ($ADA) to See New ATH in Bull Market
Cardano ($ADA) has seen significant growth over the past few weeks. On the monthly chart, $ADA is up almost 80%. The Cardano network has also seen significant growth, with TVL surging to over $440 million ATH.
This growth has led to top cryptocurrency analysts Cyclops said. Cardano will reach a new ATH during a bull market. According to the analysis he shared, if the bull market extends until 2025, the price of $ADA could reach $10, making it the best cryptocurrency to buy.
Tron ($TRX) rises sharply
One altcoin that has steadily risen throughout 2023 is Tron ($TRX). Over the past year, $TRX has increased more than 91%, hitting a 2023 high of $0.105. Tron has made progress, but its price has risen slowly.
Because of this, even though $TRX is one of the best cryptocurrencies you can buy right now, it is still underperforming the market, especially some of the top altcoins. By the time the bull market matures in 2025, $TRX is expected to rise 250% to $0.350.
Polygon ($MATIC) may soon make a big move northward
Among the best cryptocurrencies to invest in, Polygon ($MATIC) has had the least impressive performance in 2023. YTD, the price of $MATIC is only up 17%. In comparison, the cryptocurrency market rose more than 150%.
However, Polygon closed above the $0.85 horizontal resistance level. Breaking the 720-day resistance line marked the beginning of a bull market for $MATIC. The near-term price prediction sets a target for $MATIC at $0.95.
Galaxy Fox ($GFOX) to dominate the altcoin market
The Galaxy Fox ($GFOX) concept has generated great interest among investors, primarily due to its originality. Unlike other meme coins, Galaxy Fox added functionality by creating a blockchain game ecosystem.
The game is based on the thrilling Web3 game where your amazing fox avatar rules the universe. Play Galaxy Fox games to win incentives and exciting prizes. Additionally, the top 20% of players have the opportunity to earn additional tokens each season.
The Treasury Fund also rewards the top gamers in the ecosystem. Galaxy Fox hopes to create one of the coolest NFT collections with 3,000 individual NFTs. NFTs are integrated directly into games to enhance the experience.
Investors showed great interest in the project, raising more than $1 million to cover development costs. Additionally, the price of $GFOX rose by almost 70% to $0.001122. Analysts expected a sharp rise of up to 100x in a bull market as the project is still in the cryptocurrency pre-sale phase. In this bull cycle, $GFOX is now the best new cryptocurrency to buy.
These four are some of the best altcoins, but $ADA and $GFOX have shown more upside potential. However, because of the Galaxy Fox’s uniqueness, many investors were attracted to the project. You still have a great opportunity to be a part of the next big thing in this new upward cycle.
Learn more about Galaxy Fox ($GFOX) here.
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