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Home$SUI Sees 3X In Three Months - Can This Memecoin Do 5X?

$SUI Sees 3X In Three Months – Can This Memecoin Do 5X?

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Sui ($SUI) sees 3X in three months, highlighting the power of alts to run while majors exist in an uptrend. All eyes are on Galaxy Fox ($GFOX) as it approaches its retail launch. Can this memecoin do 5X? Could it even turn into the top crypto to invest in this quarter?

Sui ($SUI): The Layer One Trade Continues

The layer one trade is not dead yet, and Sui’s performance is a testament. Other alternative layer ones from the last cycle, notably Avalanche ($AVAX) and Solana ($SOL), have also performed well this cycle. Investors like the layer one trade and its simplicity has left the market with muscle memory.

$SUI holders are up 3X from November 2023. Price is not the only thing going up; Sui’s DeFi TVL has been climbing rapidly, trebling as well. $SUI easily ranks among the top 5 cryptos to invest in for those interested in rerunning the layer one trade. Its fearsome TPS and the ease of deployment and coding, thanks to its native smart contract language Move, are really helping to move the needle.

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The ecosystem has registered a bunch of impressive metrics, and late last year, during the inscription mania, Sui recorded a peak TPS of 6,000. Few Layers-1 coins can post numbers like this, and markets repriced the chain accordingly.

Galaxy Fox ($GFOX) Conservative Estimates Forecast 5X

Rumors grow that Galaxy Fox could be the top crypto to invest in this quarter, and while Sui did a 3X in three months, even conservative estimates forecast $GFOX doing a 5X in the next three months. Rapidly approaching its retail launch and set to benefit from the Ethereum ETF liquidity spillover later this year, everything is aligning perfectly for this small cap.

Aiming to go toe to toe with giants like Dogecoin ($DOGE) and Gala ($GALA), this hybrid model has blended the best of two worlds. Galaxy Fox’s basic build is a memecoin that includes all the classic tropes associated with the genre: explosive upside, viral branding & aesthetic, and deflationary tokenomics.

But Galaxy Fox also integrates a play-to-earn component, and its infinite runner game is turning heads. The top 20% of the leaderboard win prizes each season, and players can mint one of the project’s NFTs to upgrade their chances of winning. Each NFT conferring unique in-game stat bonuses.

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Staking rewards have been the main driver pushing this presale to raise more than $3.5 million in several weeks. Smart money has understood that staking rewards funded via taxation and a token burn means earning passive income on an asset with a falling supply- an excellent recipe for price appreciation.

Launching soon, early buyers will find out how far $GFOX can climb. Will it be 5X, or will this small cap exceed expectations?

Closing Thoughts: New Coins Outperforming Old Coins Strong performance from Sui and a growing appetite for $GFOX ownership reflect the market’s bias for valuing new projects more than old ones. In every cycle, the top ten cryptocurrencies change, and the top crypto to invest in is always a fresh launch.

If you missed buying $SUI in November, buying $GFOX today is the obvious move. Join the presale today and get in early before the retail launch.

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

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