Uncertainty fills the XRP market following Ripple’s Co-founder’s personal account hack. The event has triggered a massive sell-off as skepticism grows stronger. However, pundits believe Galaxy Fox ($GFOX), LCX ($LCX), and Sui ($SUI) are better alternatives for crypto enthusiasts to solidify gains. The altcoins have excellent bullish sentiment and can improve investors’ portfolios.
Galaxy Fox: Potential Wealth-improving Hybrid Token
Galaxy Fox is one of the crypto coins with a high possibility of yielding huge profits soon. This will improve holders’ wealth immensely. The presale token is undervalued but billed to experience massive value appreciation on top exchanges. Hence, it is a great purchase option for crypto enthusiasts, and early adopters are poised to gain massively from its post-ICO performance.
Galaxy Fox has sold over 98% of its stage 7 tokens as it heads towards stage 8. Proactive investors have bought 2,596,239,606 presale tokens from its 3.5 billion allocations, with three stages left. This indicates $GFOX’s high presale adoption and limited presale token availability. Hence, potential investors must be proactive.
The crypto project boasts multiple utilities and use cases. This will help it maintain its relevance in the crypto space. It has play-to-earn and staking features, NFTs collection, and other functionalities of top utility tokens. It is designed to serve web3 platform users effectively, which will contribute to its bid to be a top crypto coin. $GFOX is predicted to blow up after its presale, making now the best time for adoption.
$XRP’s CVD Drops After Co-Founder’s Account Hack
Ripple’s co-founder, Chris Larsen, recently experienced a cybersecurity breach that has spurred a downturn in XRP trading. According to data from Kaiko, a leading marker analytics provider, XRP’s Cumulative Volume Delta (CVD) has dropped significantly following this event.
CVD gauges aggregated buy and sell activities on crypto exchanges, and XRP’s shows a massive sell-off. The breach made investors skeptical, leading to about 100 million XRP tokens being sold, majorly on Binance and OKX. The cryptocurrency declined due to the breach, but recent price actions indicate a gradual recovery.
At press time, it’s the 7th most traded cryptocurrency in the last 24 hours, with over $836 million trading volume. The market cap is also increasing, indicating a growing bullish sentiment. $XRP value is expected to appreciate gradually soon.
$LCX Continues Impressive Rally
$LCX is having an impressive year. According to Coinmarketcap, the Solana-based DEX coin is up by over 150% in the last month, and about 15% in the last seven days. The altcoin recently set a $0.34 year-high, as it gradually attempts to near the $0.70 all-time high it set two years ago. The altcoin trades around $0.32 after a sharp rise from its brief decline. LCX (LCX) is looking to break its nearest resistance for a surge toward $0.5 before the month ends. Pundits’ prediction is for the altcoin to reach $1 by Q4, and it’s showing signs of achieving this. This makes it a good alternative for investors skeptical about XRP’s outlook.
$SUI Targets New All-time High
Sui is a unique Layer-1 blockchain built to make digital asset ownership easier, secure, and accessible to everyone. The protocol has features like horizontal scaling, composability, on-chain storage, and sparse replay, which makes it an upgrade on first-generation blockchains. This improved the adoption and market value of its native token.
$SUI, the native token, reached its highest market value of $1.72 in May 2023 before declining to an all-time low of $0.36 in October. However, the altcoin found its momentum towards the end of the previous year and extended it to 2024. $SUI is up by over 70% per data from Coingecko.
The cryptocurrency is back into the $1 zone, currently trading at $1.52, after a 5% decline in the previous week. $SUI outlook suggests a possible $2.30 valuation by month’s end, which will see it surpass its $1.72 last all-time high.
Conclusion
While skepticism grows about $XRP’s security, optimism about $GFOX increases. The presale token has good prospects and may be among the best crypto purchases in 2024. Thus investors should make the most of its presale before its value rises exponentially.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.