Chainlink Price Headed for Major Rally as This ICO Nears Final Stages

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$LINK is one of the top altcoins that has achieved notable development in its ecosystem. The token’s price is now showing a positive uptrend, aiming at a sustained rally above the $20 price level. More interestingly, $GFOX, the latest web-3 project, is bringing much excitement to investors waiting on many outstanding promises and benefits in the meme coin as it edges closer to its launch.

Network Growth Takes $LINK to Yearly All-Time High of $20

After experiencing a market slump in September 2023, which caused it to trade at $5.76, $LINK went on an uptrend for an extended period. This uptrend continued to the end of last year, leading its price to rise by 204% to reach $17.54, the token’s highest price in 2023.

However, in January, $LINK experienced a brief retracement, causing it to drop to $14. After the drop, $LINK rallied up again and is now trading around $20 and is showing serious upward momentum.

Analysts attributed this remarkable rise in the price to the numerous projects that the cryptocurrency has integrated into its protocol since its launch.

The latest projects added to the Chainlink protocol include Micro3, an NFT decentralized platform; Aribtrum, an Optimistic Rollup built to scale Ethereum; PancakeSwap, a decentralized platform; and Morpho, a leading protocol on Ethereum.

These developments have contributed to the robust growth of Chainlink’s ecosystem and inspired investor confidence, pushing $LINK’s price back towards its previous all-time high. As a result, the experts affirmed that $LINK is also an excellent crypto to buy this year, with predictions indicating a possible rise to the $27 level soon.

$GFOX to Entertain Investors More In its Final Presale Stages

$GFOX, which began its presale, comprising ten stages, at a modest price, took all crypto enthusiasts by surprise when it progressed through each stage with great success and ensured that investors were optimally satisfied. As it is about to conclude its presale, the meme coin is not slowing down, given that the pressure to buy the crypto among investors has been rising.

Currently, $GFOX is in stage 7 of its presale, priced at $0.00198. Stages 8 and 9 will see the token’s presale prices rise to $0.002178 and $0.002376, respectively. However, that’s not the best part; stage 10 is priced at $0.00264, and the token will be launched at $0.002904 per token. At this stage, investors who have invested earlier in stage 1 would have realized a whopping 450% return on their investment.

Galaxy Fox‘s excellent journey did not just happen by chance; instead, it was due to how the platform aimed to distinguish itself from other meme coins by focusing on enhancing its token utility. Part of what enhances the utilities of Galaxy Fox’s token is its play-to-earn (P2E) features. This feature lets users have fun and earn $GFOX tokens while playing a web3 runner game.

Galaxy Fox features a vibrant NFT marketplace in its ecosystem where players can trade the 3000 NFTs mintable on the platform. It also has a token treasury which serves as a mediano reserve for keeping assets and funds to support its ongoing development and other community initiatives.

Lastly, Galaxy Fox reserved 70% of its tokens, totaling 5 billion, for public sale to ensure better accessibility and participation. The remaining tokens will fund designated competitions and prizes, the liquidity pool, and the ecosystem, and finally, about 5% is reserved for the team.

Conclusion

The ongoing bullish rally of $LINK is not surprising, as the cryptocurrency has been enjoying some amazing developments lately that are worthy enough to sustain its uptrend. As for Galaxy Fox, which is nearing its final presale stage, investing in it now is the best way to realize maximum returns on your investment.

Early investors still have an opportunity to secure profits from the Galaxy Fox presale. Visit the website to buy $GFOX tokens today and get a 15% discount. Join the community for more updates.

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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