Time to Sell $LINK and Buy This New Presale Coin Instead?
Publikováno: 20.12.2023
Strategic investment decisions are a crucial factor for making it as a cryptocurrency investor. You must always be on the lookout for the best cryptocurrencies to buy, and know when to switch from one coin to another. Currently, with coins like $LINK declining sharply and falling below key resistance levels, it’s time to shift your […]
The post Time to Sell $LINK and Buy This New Presale Coin Instead? appeared first on Cryptonews.
Strategic investment decisions are a crucial factor for making it as a cryptocurrency investor. You must always be on the lookout for the best cryptocurrencies to buy, and know when to switch from one coin to another. Currently, with coins like $LINK declining sharply and falling below key resistance levels, it’s time to shift your attention to presale gem $GFOX.
In this article, we dig deeper into why $LINK is a “Sell” at the moment and why you should put your money on $GFOX instead.
Let’s get started:
$LINK Declines Sharply
$LINK is the native token of the Chainlink blockchain, a pivotal blockchain abstraction layer that facilitates seamless connectivity for smart contracts. Chainlink leverages a decentralized Oracle network to securely engage with external data feeds, events, and payment methods. This is a crucial functionality that helps in supplying essential off-chain information, and propelling complex smart contracts to the forefront of digital agreements.
Because of Chainlink’s strategic positioning in the blockchain industry, $LINK has grown to become one of the best cryptocurrencies to buy. At the time of writing, $LINK ranks as the 13th cryptocurrency by market cap on CoinMarketCap, with a market cap of over $8 billion.
Despite $LINKs standing as one of the best altcoins the current performance of $LINK suggests that it is time to move on to other more promising coins such as the alluring presale gem $GFOX. In the past year, $LINK has shot upward by a whopping 140%. However, the coin has recently been on the downturn, losing about 1.52% in the past 30 days. This loss intensified in the past 7 days as $LINK dropped by 14%.
This drop comes as two uncirculated supply chain addresses of $LINK unlocked 11.25 million $LINK tokens, 8.2 million of these tokens were sent to Binance. This event is likely to lead to further volatility for $LINK, so it might be a smart move to shift attention to $GFOX.
Why $GFOX Is A Better Choice
$GFXO is the native coin a new meme coin project that hopes to compete fiercely with other best cryptocurrencies to buy including meme coins like $DOGE, $SHIB, and $PEPE. It also hopes to stand alongside major play-to-earn tokens like the sandbox, Axie Infinity, and GALA.
$GFOX is a utility-rich ecosystem that stands in stark contrast to other run-of-the-mill meme coins. Its features include a thrilling web3 runner game, one of the coolest NFT collections, a staking platform, physical merchandise, and a token burn feature.
All these features work together to enhance $GFOX’s standing as one of the best cryptocurrencies to buy. They have also impressed crypto investors who have shown a lot of interest in this upcoming gem. Since the beginning of the presale, $GFOX has sold over 1.3 billion coins, raising upwards of $1.2 million.
Early investors have already seen massive gains from their investments, even though the presale is just in stage 4. Those who bought $GFOX tokens in stage two have seen a return of about a 50% increase while those who bought in stage 3 are enjoying about 18% gains. But don’t worry if you missed out on these gains. The presale still has a few stages to complete before it closes, giving you a chance to join this exciting journey. With as little as $0.00132 you can purchase some $GFOX tokens and start your journey towards astronomical gains in 2024.
Final Word
As we head into 2024, it’s time to make some important decisions that could impact your financial standing in the coming year. Ditching declining tokens like $LINK in favor of more promising projects like $GFOX is the best move for any investor looking to capitalize on the trillion-dollar growth the cryptocurrency market is expected to undergo in 2024.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
The post Time to Sell $LINK and Buy This New Presale Coin Instead? appeared first on Cryptonews.