3 crypto coins investors can consider in 2023
After two years of declining prices, the crypto market appears to be recovering and bullish. Investors appear optimistic about the future of digital assets, and there is a growing sense that the next two years could see digital assets register more gains.
However, not all coins are created equal. Still, selecting undervalued tokens has always been essential to successful investing. With that in mind, here are three coins that can grow in 2023 and beyond:
Galaxy Fox: launching a play-to-earn platform
Galaxy Fox has raised over $100,000 in its presale.
The project’s strong start and early investor interest suggest that GFOX could be a coin investors can consider.
Their ecosystem features periodic token burns, a staking module, advanced tokenomics, and a non-fungible token (NFT) marketplace. These complement GFOX’s core utility as a play-to-earn (P2E) gaming coin.
Central to Galaxy Fox is the classic runner game. Participants earn rewards each season and can enhance their in-game abilities by purchasing one of the 3,000 NFTs.
Galaxy Fox also has a unique taxation system. Two percent of transaction fees are directed to stakers, providing a yield on a deflationary asset. Another two percent is allocated to the liquidity pool (LP) pool.
The remaining two percent is directed to the Treasury, which funds community initiatives and marketing efforts. This economic approach may support GFOX in the upcoming bull market.
Marketing plays a crucial role in crypto. Subsequently, Galaxy Fox allocates a portion of their revenue stream to marketing efforts.
Fantom: reviving layer-1 trading
Fantom is a layer-1 blockchain whose native token, FTM, has been edging higher, following Solana (SOL) and Avalanche (AVAX).
Fantom’s upcoming launch of Fantom Sonic, a new virtual machine, could enhance its throughput, enabling it to execute 2,000 TPS with one-second finality. This improvement will likely attract more users and developers, supporting prices.
Analysts predict that FTM will reach $1.16 by the end of 2024.
Rollbit and GambleFi
Rollbit started the GambleFi narrative in June this year following its migration to Ethereum.
Users can play classic casino slot machine games, trade futures, and wager on sporting events. RLB remains supported because a percentage of all platform revenue has been used for a buyback and burn program.
This one-sided liquidity flow in the bear market drove prices higher.
As markets become more risk-on, investors want to speculate more, and investors should expect growing RLB burns.
Closing thoughts
Ahead of the crypto bull run, investors may consider GFOX, FTM, and RLB. However, Galaxy Fox‘s lower market capitalization and position in the GameFi narrative could explain why more investors are examining it in the ongoing presale.
Learn more about Galaxy Fox (GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
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