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Cryptocurrency investors were delighted with the approval of 11 bitcoin spot ETFs by the United States Securities and Exchange Commission (SEC) in January. However, the market responded negatively and plummeted by its margin this year. Despite the market decline, Tron (TRX) remains stable. Another notable trend during this period was the emergence of the new presale, Galaxy Fox (GFOX).
Tron stands firm
While many popular cryptocurrencies sold off, Tron remains relatively stable.
The only altcoin in the green territory is Tron, according to the weekly, monthly and yearly charts. In contrast, other cryptocurrencies such as ethereum and bitcoin have seen double-digit losses.
So far, immediate support is at $0.010, but TRX can reach $0.150 and $0.200 if buyers push ahead.
Galaxy Fox's Upward Momentum Continues
Despite the current bear market, Galaxy Fox remains strong.
More than 90% of the allocated GFOX was sold in the ongoing pre-sale, helping the project raise more than $2.94 million.
GFOX is a meme coin and money-making (P2E) gaming token in the broader Galaxy Fox ecosystem.
Its Web3 infinite runner game offers players a unique gaming experience, rewarding them with GFOX based on their performance.
Galaxy Fox also features a collection of NFTs that provide players with in-game upgrades.
These NFTs can be minted and traded on platforms like OpenSea.
So far, GFOX prices have increased from $0.00066 to $0.00198 in the current pre-sale stage.
Final thoughts
Tron is resilient and can surge if buyers take control in 2024. Meanwhile, Galaxy Fox is gaining traction due to its unique features and growth potential. GFOX is currently changing hands at $0.00198.
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