Despite the recent market drop, it has been confirmed that the cryptocurrency market is already in a new bull phase. With huge price gains expected, investors are looking for the best altcoins to invest in.
In the early stages of this new bull cycle, Cardano ($ADA), Tron ($TRX), Polygon ($MATIC), and Galaxy Fox ($GFOX) are among the best altcoins in the market. Upon analysis, experts have decided which of these coins are good investments for the bull market. Let’s find out how they’ll perform.
Cardano ($ADA) To See New ATH in the Bull Market
Cardano ($ADA) has seen significant growth over the last few weeks. On the monthly chart, $ADA has increased by almost 80%. The Cardano network has also recorded significant growth, with its TVL surging to an ATH of over $440 million.
Due to this growth, top crypto analyst Psyclops, has said Cardano will reach a new ATH in the bull market. Based on the analysis he shared, if the bull market extends into 2025, the price of $ADA could reach $10, making it a top crypto to buy.
Tron ($TRX) To Extend Gains
One of the altcoins that has gained steadily throughout 2023 is Tron ($TRX). Over the past year, $TRX has increased by over 91%, leading to a 2023 high of $0.105. Although Tron has made progress, price has been slow to rise.
Because of this, even if $TRX is one of the greatest cryptocurrencies to buy right now, it is still under-performing the market, especially some of the top altcoins. By the maturity of the bull market in 2025, $TRX has been projected to gain 250% to trade as high as $0.350.
Polygon ($MATIC) May Soon See a Major Move North
Of the best cryptocurrencies to invest in, Polygon ($MATIC) has had the least impressive performance in 2023. YTD, the price of $MATIC has increased by only 17%. In comparison, the crypto market has gained more than 150%.
However, Polygon has closed above the $0.85 horizontal resistance level. The break above the 720-day resistance level marked the beginning of a bull market for $MATIC. Short term price prediction has set a target at $0.95 for $MATIC.
Galaxy Fox ($GFOX) To Dominate the Altcoin Market
The Galaxy Fox ($GFOX) concept has generated great interest among investors, mostly due to its originality. Galaxy Fox has added functionality by creating a blockchain gaming ecosystem, unlike other meme coins.
The game is based on a thrilling Web3 game in which the universe is ruled by amazing fox avatars. Playing the Galaxy Fox games can earn you incentives and exciting prizes. The top 20% of players also have an opportunity to win additional tokens each season.
The Treasury Fund also provides rewards to the top gamers in the ecosystem. With 3,000 distinct NFTs, Galaxy Fox hopes to create one of the coolest NFT collections. The experience is enhanced by the NFTs’ direct integration into the game.
Investors have shown a great deal of interest in the project, raising over $1 million toward its development. Furthermore, $GFOX’s price has increased by almost 70% to $0.001122. Analysts have projected a significant spike of up to 100x in the bull market because the project is still in the crypto presale stage. For this bull cycle, $GFOX is now the best new crypto to buy.
While these four are some of the best altcoins, $ADA and $GFOX have shown more potential for upside. However, many investors have gravitated towards the project, given Galaxy Fox’s uniqueness. You still have a great opportunity to join the next big thing for this new bull cycle.
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
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