Tron is resilient even in bearish situations and over 90% of GFOX is sold in pre-sale.
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Cryptocurrency investors were delighted when the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs in January. However, the market reacted negatively this year, with margins plummeting. Despite the market downturn, Tron (TRX) has remained stable. Another notable trend during this period was the emergence of a new pre-order Galaxy Fox (GFOX).
Tron remains steady
Although many popular cryptocurrencies have sold off, Tron has remained relatively stable.
The only altcoin in the green zone is Tron, looking at the weekly, monthly and yearly charts. In contrast, other cryptocurrencies such as Ethereum and Bitcoin have seen double-digit losses.
The immediate support so far is $0.010, but if buyers continue their efforts, TRX could reach $0.150 and $0.200.
Galaxy Fox’s upward trend continues
Despite the current bear market, Galaxy Fox remains steadfast.
More than 90% of the allocated GFOX has been sold in the ongoing pre-sale, helping the project raise more than $2.94 million.
GFOX is a meme coin and Play-to-Ener (P2E) gaming token in the wider Galaxy Fox ecosystem.
Web3 endless runner game provides players with a unique gaming experience, rewarding them with GFOX based on their performance.
Galaxy Fox also offers a collection of NFTs that provide players with in-game enhancements.
These NFTs can be minted and traded on platforms like OpenSea.
So far, the price of GFOX has increased from $0.00066 to $0.00198 in the current pre-sale phase.
Closing Thoughts
Tron is highly resilient and could skyrocket if acquired by a buyer in 2024. Meanwhile, Galaxy Fox is gaining attention due to its unique features and growth potential. GFOX is currently changing hands at $0.00198.
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