Analysts expect BOME and GFOX to grow amid market volatility

Galaxy Fox (GFOX) and Book of Meme (BOME) have become prominent projects in the cryptocurrency market; BOME has seen a huge surge and GFOX offers a considerable ROI to early investors.

Among the latest projects that have entered the market, two have caught the attention of analysts: Galaxy Fox (GFOX) and Book of Meme (BOME). BOME surprised the crypto community by recording a 1000% surge after its launch. Its market capitalization surpassed $1 billion before the bearish pressure began.

Additionally, GFOX, a new gaming token, has become a leading crypto to invest in as early investors saw a 450% return on investment. Interestingly, many analysts believe that their rally is not over yet and that there are still many more potential upsides left in these tokens.

BOME to recover despite price drop

The appearance of the Solana-based BOME meme coin in March is very important for the market and attracts more people to its services. The asset was somewhat directionally associated with the price fluctuations of an analogous Solana meme coin, Dogwifhat, which rose 1,000% in value through the first week.

Therefore, many analysts also started supporting it, some even boldly calling it the best meme coin to buy. As a result, BOME jumped to a new all-time high of $0.02805 on March 16. Furthermore, its market capitalization rose to the $1 billion mark, briefly ranking among the top hundred cryptocurrencies by market capitalization.

Binance, the largest global exchange, noticed the popularity of BOME and listed it on March 16. However, after its notable price rise, BOME is under bearish influence and is one of the biggest losers on the list of best altcoins.

On the weekly chart, BOME has fallen significantly: more than 25%. However, technicals point to strong upside potential for BOME in the near future, which is why many investors are holding on for the long term.

Galaxy pre-sale impresses

Due to its integration of blockchain gaming, DeFi, gambling, meme culture, and NFTs within a single ecosystem, Galaxy Fox (GFOX) has attracted the most attention among cryptocurrency enthusiasts in recent weeks.

The Web3 runner game, which is highly competitive and awards a share of the prize pool to the top 20% of players each season, is a prominent feature of the Galaxy Fox ecosystem. As in-game sales and fees support this group of rewards, players can expect consistent payouts that contribute to the long-term financing of the project.

Galaxy Fox was created to reward its users sustainably. For example, 2% of all Galaxy Fox Stargate rewards pool transaction fees. This pool is used to reward bettors, encouraging them to HODL the GFOX token.

Since the inception of the Galaxy Fox ICO, it has been in high demand among investors, with many considering it to be the leading cryptocurrency to invest in. GFOX has not disappointed either, with its price increasing by 450% to $0.00364, making it one of the best-performing ICO pre-sales of the year.

Analysts predict an incredible 50x increase in the price of the GFOX token after its launch. Therefore, GFOX emerges as a good cryptocurrency to buy now. According to the ICO tracker, Galaxy Fox is in its final stage, raising over $5.2 million. The pre-sale will end soon as there are only 140 million GFOX left.

Conclusion

BOME and GFOX are expected to grow with huge price increases. Therefore, analysts believe that it is better to accumulate these coins now that they are undervalued rather than waiting for a recovery. Furthermore, the crypto space is preparing for a possible bull run, which may be triggered by a major event: the upcoming bitcoin halving. For more information about GFOX, visit the Galaxy Fox pre-sale website or Join the community.

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