The crypto market recently faced a downturn
The recent pullback in the crypto market has affected top cryptocurrencies like Bitcoin (BTC) and the top 10 altcoins. However, there are a few coins that have remained relatively firm amid the market downturn.
Solana relatively firm
Solana has been performing well this year, with a 498% increase according to CoinMarketCap’s annual charts. Currently trading at $69, Solana has seen a 23% increase in the last month. Although it experienced a contraction in prices recently, dropping to $68.06 on Dec. 11 before rebounding to $78 on Dec. 15, analysts anticipate further gains for Solana in the future. Technical indicators suggest that Solana may even reach $100 soon.
GFOX presale amount exceeds $1.4 million
GFOX, a meme coin project, is attracting attention with its presale. Unlike other meme coins, GFOX aims to stand alongside established cryptocurrencies like DOGE, SHIB, and PEPE, as well as play-to-earn (P2E) tokens like GALA, Axie Infinity, and The Sandbox. The presale has been structured to reward early investors, with stage 1 participants seeing a 48% increase and stage 3 participants up by 18%. Analysts expect GFOX to continue gaining momentum even after the presale, thanks to its web3 game, staking platform, merchandise collection, and token burn mechanism.
Final word
As Solana rallies towards $100 and the GFOX presale approaches the $1.4 million mark, these coins show promising potential for investors. It’s important to conduct your own research before making any investment decisions.
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