Rough Week for $XRP and TRON While $GFOX Sails Past $3.5 Million

The jostling is already beginning. Every cycle stalwarts from the prior cycle fail from grace. At the peak of the 2017 cycle, tokens like Xem ($XEM), Bitcoin Cash ($BCH), and Dash ($DASH) were ranked among the top ten cryptocurrencies. Projects that new investors have likely never even heard of. And again, the same movement plays out with up-and-comers on their way to the top spots.

It was a rough week for Ripple ($XRP) and Tron ($TRX), while Galaxy Fox ($GFOX) sails past $3.5 million. Markets are repricing new projects with solid value propositions, and the biggest losers this cycle will be those bagholding 2021’s top projects. Rotate accordingly.

Rough Week For $XRP & $TRON: Rejected At Major Resistance and USDC Pulling Support

Ripple has been having a difficult time, and more storms are on the horizon for $XRP holders. It faced a significant rejection in the high fifties. A zone that has long plagued this cross-border payment solution, and the price finally fell below $0.55, with news that the SEC has not yet finished with Ripple. Now facing scrutiny over its sales program and with allegations of price suppression, $XRP has a lengthy regulatory battle ahead of it, and markets hate uncertainty. $XRP remains overvalued and increasingly looks to be a poor horse to back this cycle.

Tron has its own basket of troubles. While not suffering the same negative price action as $XRP, the announcement that Circle ($USDC) will pull support is a blow. Tron has put crypto in the hands of people all over the developing economy, leveraging its low fees and rapid settlement times. But Justin Sun has always been a controversial character. Circle severing ties is a line in the sand between regulatory complaint outfits and the more gray areas of the crypto space. $USDC is being removed from Tron at the same time that Circle makes a massive multi-chain push.

Bad news for both of these giants. Could Ripple fall out of the top ten cryptocurrencies this cycle, and will justice finally catch up to Justin Sun? Only time will tell, but the value proposition of owning $XRP & $TRX looks increasingly shaky.

Galaxy Fox ($GFOX) Sails Past $3.5 Million 

Galaxy Fox exists on the opposite end of the spectrum, and this up-and-comer keeps winning. Its presale has recently sailed past $3.5 million, and inflows show no sign of slowing down. Its new hybrid model has proven incredibly attractive to markets, and historically, holding new small caps has been a winning strategy during the bull market. But why is $GFOX being dubbed one of the top cryptos to buy now?

In a sense, $GFOX is the token that has it all. Its P2E component, an endless runner, provides a perfect onboarding funnel into the ecosystem. The financial incentives and payouts at the end of each season invite new users in. The growing appetite for GameFi projects has also helped with $GFOX’s recent upward move.

The memecoin exterior and tokenomics model provides that high-octane upside investors love during a bull market. And $GFOX’s tokenomics model alone makes it a top crypto to invest in. Aggressively deflationary and paying out yield to stakers, this hybrid model sets a new standard for what it means to be a memecoin.

Closing Thoughts: New Cycle Means New Market Leaders

The top ten cryptocurrencies change every cycle, and investors who accept this reality sooner will outperform those who hold onto dreams of the past. The clear difference in performance between $XRP, $TRX, and $GFOX shows how quickly markets are repricing tokens headed into the mania phase.

Joining the Galaxy Fox journey unlocks 100X upside potential. It is a new token heading towards its price discovery phase in buoyant market conditions. $GFOX is the exact type of token investors want to hold at this stage- join the presale today. 

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