Recently, two interesting crypto projects are in the spotlight: ethereum Classic and Galaxy Fox. ethereum Classic ($ETC) caught the attention of many investors and traders with its 35% rise.
Meanwhile, Galactic Fox ($GFOX) is gaining traction with its ongoing pre-sale, which is on track to hit the $3 million mark.
Why is ethereum Classic ($ETC) going up?
ethereum Classic ($ETC) has become a dark horse, rising a staggering 35% in one week.
But what is driving this unexpected increase? ethereum Classic, which forked from ethereum ($eth) in 2016, is outperforming its more famous older brother.ethereum-classic” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Floating above $27$ETC has soared 35%, driven by positive market sentiment following the approval of the first batch of bitcoin exchange-traded funds (ETFs) in the US.
ethereum Classic split from the ethereum Blockchain over a disagreement with founder Vitalik Buterin's decision to reverse a 2016 hack of smart contract system The Dao, which had seen $60 million in Ether stolen. While Buterin's decision to turn back the clock on the hack was supported by the majority of the community, some developers thought it violated the “code is law” principle of blockchain, and thus ethereum Classic was born. The ethereum Classic blockchain continues to have a small but devoted number of users and developers.
As for the question of why $ETC is rising recently, part of it has to do with macroeconomic market conditions.
Santiment, a leading on-chain analytics platform, reports an increase in $ETC trading volume, reaching levels not seen since September 2022. The report shows that the recent surge is closely related to the announcement of the bitcoin ETF and marks an important milestone for $ETC.
The recent bullish movement of the coin shows increased interest from traders and a positive market outlook.
The pre-sale of the Galaxy Fox points to 3 million dollars
Galaxy Fox has reached an important milestone with $2.5 million in pre-sale. This momentum shows substantial investor confidence in this meme coin that is not only cashing in on the crypto hype but is set to redefine the landscape. The $GFOX pre-sale is currently in Stage 7, with tokens available for purchase at $0.00198. It has already placed over 2.3 billion tokens into the hands of early investors and raised a remarkable $2.6 million. The project is preparing for the next stage, which features an increased token price of $0.002178.
Designed as an ERC-20 coin, galactic fox is a key player in the web3 space. Its utility extends beyond its ecosystem, making it a standout altcoin in the world of cryptocurrencies.
The Galaxy Fox ecosystem promises exciting opportunities, including a play-to-earn (P2E) game that rewards users for having fun. It will be possible to stake $GFOX tokens and users will earn rewards within the ecosystem. Additionally, $GFOX serves as the primary payment method within the Galaxy Fox nft marketplace, improving gameplay and increasing your chances of winning.
Furthermore, Galaxy Fox promises to try to dominate the Web3 sector. With many of the most interesting nft assets directly linked to their Web3 game, $GFOX holders can mint and exchange these digital assets for real money on nft platforms.
The pre-sale of Galaxy Fox is a corrective path towards an innovative ecosystem with profit potential. The projected growth in the meme sector and the unique features of Galaxy Fox make this pre-sale interesting to watch.
In a world where crypto trends are rapidly evolving, the rise of ethereum Classic and the pre-sale of Galaxy Fox capture the essence of development in this dynamic space.
Learn more about $GFOX here:
Visit the Galaxy Fox pre-sale | Join the community
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