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The cryptocurrency market is currently stable, with bitcoin (btc) maintaining its position and other altcoins benefiting from this trend. Solana (SOL), Avalanche (AVAX), and Galaxy Fox (GFOX) appear to be making progress.
Galaxy Fox pre-sale sells out quickly
Galaxy Fox combines meme coins, games, NFTs and staking opportunities.
It rewards its community in various ways and aims to reduce its supply over time, which could potentially increase its value.
The project has shown constant and positive performance in its pre-sale. In stage 7, more than 99% of the allocated tokens were sold. There are only three phases left.
At the end of the pre-sale, early pre-sale stage 1 investors will increase by 450%.
Solana and AVAX Price Analysis
The Solana outage forced prices to $92.8. Still, SOL has recovered sharply and is trading above $110.
Analysts expect SOL to reach $130 if the bulls overcome the $110 resistance.
Meanwhile, AVAX is up 10% to $40, raising its market capitalization to nearly $15 billion and its trading volume by 82%.
At spot exchange rate, AVAX has invested Dogecoin (DOGE), finding a place in the top 10.
Looking at the daily chart, there is a possibility of a breakout above the $40 resistance level.
This breakout could trigger a rally to $43.85.
A reversal of resistance could force the coin to $33.85.
Indicators such as the Relative Strength Index (RSI) and Awesome Oscillator (AO) are bullish on AVAX.
Bottom line
Galaxy Fox pre-sale is in progress, preparing for stage 8 where GFOX prices will increase slightly. Cryptocurrency prices are firm and considering new altcoins like GFOX can lead to higher returns.
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