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Though high-risk, crypto has outperformed all the other asset classes with its ability to bring huge returns quickly. In 2021, for example, $SHIB, a well-known meme token, had a fantastic 40,000,000% increase in value, and $SOL increased by over 10,000% – such massive jumps in just a year would be practically impossible with stocks or any other class.
So, many have started to take crypto investments seriously, and those who missed earlier pumps are now looking for new yet undervalued coins that bring innovative ideas to the market and promise something huge.
Currently, the crypto community is carefully observing three new gems: $GFOX, $MANTA, and $ONDO. Their successful market entry and quickly generated hype make many believe in their future. So let’s talk about it: why should you consider these three the best altcoins to buy in February?
Why is There So Much Hype Around $GFOX?
The crypto market is the place where innovation and development never stop. From the idea of making worldwide payments fast, cheap, and simple, many exciting concepts spawned, like DeFi, meme coins, NFTs, P2E, and more. And with Galaxy Fox, the market welcomed a “hybrid” that unites all these niche directions, easily becoming one of the best altcoins to buy.
Galaxy Fox is built around the idea that a strong community is key to the success of any project, so it is designed so that the community grows fast and sticks for a long time.
How exactly? Because it promises multiple passive income opportunities for its supporters, such as in-game rewards, NFT trading, staking, and even simply holding, as its hard-capped, hyper-deflationary supply ensures that the value of $GFOX, the native ERC20 coin of the ecosystem, will always increase.
The coin started with an ICO, so it is now in the presale phase. This is a chance for early investors to get in at a low price and potentially see a good return later.
Even the presale itself is designed to reward early adopters by gradually raising the price of $GFOX as it moves through its 10 phases.
Right now, this new ICO crypto is priced at $0.00198, and most of its current (seventh) presale stage tokens have been sold. It means only a few weeks might be left until $GFOX launches, and getting your hand on it before the month ends can reward you greatly in the future.
Investors can check out their official website, where they will receive a 15% bonus for first-time purchases.
What Makes Manta Interesting?
Manta Network, which started on November 12, 2023, is a key player in improving privacy and efficiency in the Polkadot ecosystem. It uses a technology called zero-knowledge proofs (ZKPs), allowing users to carry out private transactions without giving away too many details.
This keeps both the transaction information and the user’s identity secure. The network’s own currency, $MANTA, is used to pay transaction fees and help keep the network safe.
Despite some setbacks like a cyber attack and general ups and downs, Manta Network has managed to stay strong, keeping a significant role in the market and proving itself to be an important name in making blockchain technology more private and efficient.
What’s Pushing $ONDO Up?
Ondo Finance is another name on the market that’s been everywhere recently, mainly because of its massive sudden rally – a 2,500% increase post-unlock.
This project, focused on securities tokenization, promises enhanced market liquidity. It collaborates with Flux Finance, a lending protocol that allows DeFi users to lend stablecoins to investors for exposure to tokenized securities.
The $ONDO token, initially distributed through a Community Access Sale involving 18,000 members, gained transferability and market presence with its recent unlock. This development led to its listing on major exchanges like Bybit, KuCoin, and MEXC, with Coinbase also planning to list it.
The dramatic increase in $ONDO’s value, from $0.01 to over $0.26, isn’t just due to its functionality or the excitement about tokenization but also its attractive airdrops. However, using airdrops for “Ecosystem Growth” has also led to worries about the risk of inflation and the significant number of tokens held by key team members and investors.
Currently, with around 1.4 billion tokens in the market and a value of over $360 million, there’s ongoing debate about ONDO’s long-term viability and real-world utility.
Final Remarks
According to the latest studies, there are over 420 million crypto owners around the world, which is about 4.2% of the world’s population. This means the crypto adoption for payments, investments, gaming, or anything else is increasing, and a massive bull run is the only logical development of this process.
If you wish to benefit from it, explore the best altcoins to buy, evaluate their whitepaper, roadmap, and tokenomics, and make the smart decision.
The latest market dynamics point to $GFOX as the easiest and safest investment alternative, especially for beginners who are just learning about crypto and wish to engage with a project that is both fun and rewarding.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
*This article was paid for. Cryptonomist did not write the article or test the platform.