$BTC Wallets Holding Over $1 Million Rise by 237%; Will This Presale Be the Next to Mint Millionaires?

As Bitcoin ($BTC) enters its 16th year, it has made over a hundred thousand US-dollar millionaires, growing from an experiment into a digital asset that has created enormous wealth for many early adopters. Now all eyes are on another asset that is currently trading for pennies. $GFOX is the native token of Galaxy Fox which is currently in presale. This token is looking like the best crypto to invest in in order to be among the next set of crypto millionaires in USD. 

BTC Wallets Holding Over $1 Million Rise by 237%, Bitcoin ETF Decision Expected January 10

The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has grown by over 237% in the past year. On-chain data shows that the number increased from 23,795 in January 2023 to over 91,000 in January 2024. However, not all wallets are attached to individuals. Many of the wallet addresses with more than $1 million belong to crypto exchanges and financial institutions.

Bitcoin has started to consolidate, recovering some of its losses from Wednesday. The flagship cryptocurrency grew by 3% to $43,870 having earlier fallen by more than 6% amidst speculations that a Bitcoin ETF would not be approved anytime soon. According to analysts, this bitcoin bounce is coming after a healthy shake-off of traders with heavily leveraged positions. Investors expect the SEC to approve spot Bitcoin ETFs. This would catalyze its price this year and for years to come. 

Bitcoin has now reached a market capitalization of over $900 billion and Addresses with at least one whole $BTC are more than 1 million as mentioned earlier. A bitcoin ETF decision by the SEC is expected to come in next week and the crypto economy is expected to react accordingly to it. 

$GFOX, Set to Mint The Next Crypto Millionaires in US-Dollars

When most people think of becoming crypto millionaires, they think about buying a token like Bitcoin ($BTC) and holding on to it as the value appreciates. However, the best strategy used by most crypto millionaires is to buy cheap crypto tokens at presale like $GFOX that have been tipped to become one of the best crypto projects with potential to do massive numbers. 

For instance, there's only so much growth for Bitcoin with a market capitalization of over $900 billion. However small cap tokens like $GFOX have a lot of room to grow and turn early adopters to millionaires with little investment.

Galaxy Fox is a new-generation blockchain system. It features elements of Gaming, Decentralized Finance (DeFi), and NFTs in its design. The $GFOX token is special because it has a token-burning mechanism that slowly reduces the number of tokens available which makes them more valuable.

Galaxy Fox is a Play-2-Earn blockchain platform that makes crypto fun. Gamers can play games while simultaneously earning token rewards. It also has an NFT marketplace where you can buy and sell digital collectibles.

Their Web3 game delivers on its promise of entertainment and generous crypto rewards, while memeable characters and cool NFTs add to its appeal. The $GFOX token is now in its sixth stage of presale and over 80% of the tokens available for this round are already sold.

Conclusion

The number of Bitcoin wallets holding over $1 million has grown significantly, and a spot Bitcoin ETF approval would skyrocket Bitcoin price this year and in the future. However, Galaxy Fox, being a cheap new meme token, would outperform many cryptocurrencies by the end of its presale. It has already surpassed expectations, raising over $2 million. This has raised speculation that it can make many millionaires being a meme token with utility, and efficient tokenomics.

Become one of the next crypto millionaires. Take a chance by buying $GFOX tokens today at a 15% discount!  Visit the Galaxy Fox website and check out their telegram channel.

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