There is no such thing as a bullish unlock. Tokens going into the market always cause supply and demand imbalances. Arbtirum ($ARB) has unlocked over 1 billion tokens — major dump incoming? Even after the Dencun upgrade, markets will not swallow this new supply instantly, and investors are flocking to Galaxy Fox ($GFOX) for better tokenomics.
But what crypto to buy amid this whirlwind? As more major altcoins witness token unlocks, sell pressure will rapidly start outpacing buy pressure. This is bad news for token holders. Everybody wants exposure to Ethereum ($ETH) in the run-up to the Spot ETFs, and $GFOX is emerging as the leading contender in the beta play race. Now is the time to find out why.
Arbitrum ($ARB): 1 Billion Token Unlock
Arbitrum recently had a massive unlock, adding nearly 80% to its market cap in a single day. The team and advisors received more than 760 million unlocked $ARB tokens, and investors unlocked received an additional 438 million tokens. These two groups are the most likely to sell, and $ARB has already dipped 16% this week.
Adding a massive amount of sell pressure to order books never ends well for retail investors. Despite Arbitrum being a top crypto to buy for anyone bullish on Ethereum ($ETH), these unlocks are bad news. Huge unlocks like this have no silver lining, and over the coming weeks, the team and investors will steadily dump on the open market. If demand remains steady but 1 billion $ARB tokens enter the supply side, it does not take a rocket scientist to work out the token’s short-term trajectory.
Galaxy Fox ($GFOX) Masterclass in Tokenomics
Galaxy Fox’s presale has shot past $5 million, and its tokenomics design is a masterclass in value accrual. $GFOX is becoming the standard response to what crypto to buy now as altcoins see a downturn, and among the ongoing carnage, this ICO is a safe harbor.
But what makes Galaxy Fox a top crypto to invest in, and why is smart money so caught up in this protocol’s tokenomics? Earning yield on a deflationary asset has long been a pipe dream in crypto. $GFOX’s staking program makes this a reality.
70% of tokens have been allocated to presale buyers, ensuring distributed ownership (the number one criterion of successful memecoins). The token burn ensures that post-launch, the total supply of $GFOX will be down only, and when factoring in $GFOX’s ability to produce cash flow, this $5 million small cap is a growth bomb waiting to go off.
Leveraging a taxation system that routes liquidity to Stargate (the ecosystem’s rewards hub), the liquidity pool, and the Treasury is the stroke of genius underpinning Galaxy Fox’s early momentum. Staking payouts are tax-funded, allowing native yield without inflationary emissions, and these stakeholders are the best positioned in the ecosystem.
As payouts grow and the $GFOX supply shrinks naturally, more demand will be chasing fewer tokens. Price will only have one way to go, and early stakers should strap in for a vertical rally.
Closing Thoughts: Get Into the Galaxy Fox Presale Today
Arbitrum’s token unlocks came at a bad time as altcoins dip, and this added sell pressure has made $ARB’s performance even worse. What crypto to buy during this downturn? Getting into the Galaxy Fox presale today is the smart move.
$GFOX has a deflationary supply that will continue to fall post-launch, and stakers can unlock payouts as soon as the ecosystem goes live. Basic laws of supply and demand will force this token to make an enormous rally. Participate today while the market still misprices $GFOX’s tokenomics model!
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