Holders of Dogecoin’s rival, Galaxy Fox, are bullish

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While Dogecoin is in the spotlight ahead of its moon mission, investors are monitoring Galaxy Fox, a project integrating gaming, decentralized finance (defi), staking, and non-fungible tokens (NFTs). 

Exploring Galaxy Fox

Galaxy Fox introduces a unique concept: earning crypto rewards while playing games. 

Its web3 runner game encourages friendly competition, and the top 20% of players each season receive a portion of the prize pool. 

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The platform also supports staking. The program uses 2% of all transaction fees to reward GFOX stakers. 

Staking supports the ecosystem and generates attractive returns for long-term investors. 

This strategy aligns the interests of players and token holders, fostering a strong community and even propel the project to the forefront of the meme coin market.

The GFOX advantage

It is worth noting that the staking pool fee is set at 2% initially.

Additionally, with every GFOX trade, a further 4% is deducted to support the liquidity pool and treasury, ensuring a steady flow of capital for future growth. This strategic approach aims to secure the project’s future and discourage sudden sell-offs.

Galaxy Fox has reached $450K in presale, and over 70% of allocated tokens have been sold in stage 2. The project is approaching the $500K mark with ten stages in total. Early backers can benefit from higher prices and bonuses in each stage.

The Dogecoin debate

The DOGE-1 moon mission, supported by SpaceX and financed with Dogecoin, has brought renewed attention to the Shiba Inu-themed coin. The recent approval of the project’s X-Band frequency by NTIA has positively impacted DOGE.

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However, it’s crucial to approach Dogecoin with caution. While events like these may lead to short-term price spikes, the long-term growth of DOGE remains uncertain. The coin’s inflationary nature and the absence of significant in-house developments contribute to its volatility.

Is GFOX an alternative?

Crypto investors can consider exploring Galaxy Fox as a potential alternative. 

The platform offers a combination of gaming, staking, and sustainable tokenomics, more than what Dogecoin presents. 

The presale is ongoing and currently in stage 2.

Learn more about GFOX here:

Visit Galaxy Fox Presale | Join the Community

Read more: Institutions can consider these tokens; can they outpace GFOX

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