Mt. Gox could dump $138,000 BTC onto the market, causing the price to drop even further; $GFOX pre-sale offers safe harbor

Sustained outflows from Grayscale's bitcoin Trust have put markets on edge. The United States government announced that it would sell $118 million of bitcoin ($btc) from Silk Road, and now, with email confirmations reaching affected parties, Mt. Gox could dump $138,000 $btc onto the market. Price plummeted.

Uncertainty abounds, but fortunately, presales like Galactic Fox ($GFOX) They persist unaffected by all this noise. What crypto to buy right now To avoid all this fear and doubt? The $GFOX pre-sale offers a safe harbor for anyone waiting out the storm. And given that its TGE will occur later this year, when market conditions will have improved, it could be the perfect opportunity to buy an undervalued project early.

Mt. Gox confirms recipient addresses: Could $138,000 btc flood the markets?

Mt. Gox Payments has been a bogeyman looming over cryptocurrencies for years and a strange ghost-like FUD. Everyone knew that someday these refunds would arrive and hit the market, but they always assumed it would be at some undisclosed future date. However, with Mt. Gox confirming creditors' bitcoin addresses for payment, it appears the day has finally arrived.

Users have confirmed receiving emails and now Mt. Gox will refund approximately 140,000 bitcoin to anyone affected during the 2014 security breach. Make no mistakes. These people have been forced to stand for almost a decade and will reap huge benefits. Expect a wave of strong selling pressure. Grayscale's selling pressure was bad enough, but Mt. Gox's creditors could push $btc back below $40,000 in an instant, maybe even further.

Galaxy Fox ($GFOX): Calm in the storm

galactic fox It is a pre-sale that gives investors a break. Funding has skyrocketed dramatically in the last week, coinciding with news from Mt. Gox highlighting that savvy investors are taking advantage of the ICO opportunity. Which cryptocurrency to buy right now to dodge all this incoming selling pressure? $GFOX is a prime candidate.

Built around a Web3 racing game, Galaxy Fox takes two genres and combines them into a bonanza of earnings and entertainment. People from all over the world compete to finish the season in the top 20%, and those who manage to achieve the highest score win prizes. But there is another layer built on top of this. nft holders unlock unique upgrades to in-game statistics and give anyone a chance to win the prize pool. This P2E component places Galaxy Fox into the GameFi narrative.

The other component of Galaxy Fox is all memecoin. Deflationary tokenomics, viral brands, and a tax system that even supports marketing efforts, allowing a continuous flow of new users to the protocol. It has a small market cap and incredible upside potential that memecoin investors know and love.

Another great feature is the staking rewards program. The unique thing about Galaxy Fox is the implementation of taxes to pay bettors, which means that all these payments are completely deflationary. No inflationary pressures and 70% of tokens are sold via pre-sale in a fair launch. It's easy to see why $GFOX is described as one of the top cryptocurrencies to buy right now.

Final Thoughts: Why Presales Offer a Safe Harbor

Huge selling pressure from Mt. Gox creditors could send the btc dollar soaring. $140,000 $btc is no nonsense, and all of these potential sellers will make huge profits. A liquidation makes sense. That's why investors should be asking themselves which cryptocurrencies to buy right now to avoid this coming storm. The answer is Galaxy Fox.

Participating in the Galaxy Fox pre-sale today allows investors to lock in the current value of their assets and wait idly until the TGE, when conditions have improved. Small cap launches with positive sentiment are rocket fuel, and in addition to offering a safe harbor, early entrants could even see a 100X within weeks of launch. $GFOX is the best cryptocurrency to buy now; join the journey today.

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