How Did $XAI Pump 47% 24 Hours? $GFOX Nears $3Million Mark

GameFi is an innovative trend blending gaming, blockchain technology, and decentralized finance, and it's changing how we think about digital gaming. This approach rewards players with cryptocurrency or NFTs for their in-game achievements, creating a fairer and more transparent dynamic between players and game creators. 

The GameFi market is on the rise, with projections suggesting it could reach $614.19 billion by 2030. Among the growing number of GameFi projects, some stand out for their rapid growth and investment potential. 

For instance, $XAI saw a 47% increase in just a day, while Galaxy Fox ($GFOX) raised almost $3 million swiftly during its presale.  Should these two be on your list of the best altcoins to buy? Let's review.

What is $XAI, and Why is it Pumping?

Xai, designed as a gaming-focused "layer-3" network, operates on Arbitrum, a layer-2 scaling solution for Ethereum. This network is the result of a collaboration between Arbitrum's creators, Offchain Labs, game studio Ex Populus, and the newly established Xai Foundation.

In early January, $XAI initiated its first airdrop, allocating 125 million $XAI tokens to its first supporters. This move paid off handsomely over the following weekend and into the week, as the token's value soared, hitting a peak of $1.12—a 47% rise in just a single day. 

Although the price later dipped below $1, the post-launch performance was still phenomenal, as many expected some massive selling pressure, which is common for newly launched projects. This impressive surge positions $XAI among the best altcoins to buy for potential investors.

What's Driving Galaxy Fox's Phenomenal Rally?

P2E tokens are all over the industry, but not all of them have such rich utility and ecosystem as Galaxy Fox. This revolutionary new ICO crypto has made an impressive entry, nearly hitting $3 million in its presale and seeing its value skyrocket by 200%. What drives such amazing performance, though? Being loaded with features that appeal to both gamers and investors. 

In its simple yet competitive and rewarding runner game, Galaxy Fox hosts weekly and monthly marathons, and whoever ranks in the top 20% of the players on the leaderboard is rewarded with a share of the prize pool. The agility and skills of the players can be boosted with Galaxy Fox Attributes, purchased from their in-house NFT marketplace. This way, every member has an equal opportunity to win and profit.

Beyond gaming, Galaxy Fox introduces an avenue for earning passive income through token staking. A unique feature is the Stargate Reward Pool, which gathers 2% from each $GFOX transaction and redistributes it to stakers. This way, the team acknowledges and rewards the community's long-term support while also promoting the project's growth.

The smartly designed ecosystem gets its fair share of hype from the dynamic presale structure as well. The presale is split into ten stages. 7 of them have already passed, gradually increasing the price of $GFOX and bringing an overall 200% ROI to the first-stage investors. 

Notably, three more presale stages are ahead, and the final launch price is announced to be $0.002904. This presents a potential 50% gain for current investors, offering a straightforward and relatively safe profit opportunity and making Galaxy Fox a candidate for the best ICO crypto investments.

Final thoughts

The GameFi sector is on the rise, and it's a smart move to invest in projects that stand out for their value and uniqueness. If you missed out on the $XAI presale, don't worry – the $GFOX presale is still open, providing a great chance to invest in what could be one of the best altcoins to buy and watch your investment increase massively over time.

Learn more about $GFOX here:

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