$SHIB Narrowly Avoids Death Cross, Price Rebound Incoming? $GFOX In Final Days Before Retail Launch

Greysscale's Bitcoin ($BTC) ETF outflows have slowed while demand from other ETF issuers remains high. The last largest seller is slowing down. Ethereum ($ETH) is enjoying its moment in the sun, and this means an altcoin season is coming.

What cryptos to buy now to surf this incoming wave? Shiba Inu ($SHIB) and Galaxy Fox ($GFOX) are two of the strongest contenders. $SHIB narrowly avoids death signaling a price rebound incoming. And $GFOX approaches final days before retail launch.

Shiba Inu ($SHIB) Price Rebound Incoming

Shiba Inu narrowly missed a death cross by pumping, and now traders are beginning to see $SHIB in a new light. A death cross occurs when a shorter-term moving average crosses below a longer-term moving average. Typically, the 50-day MA crossing the 200-day MA signals a long-term change in sentiment and forecasts bearish action moving forward. Shiba Inu dodging this event means sentiment is good, and large bidders were confident enough to step in.

Crypto's second largest memecoin has improving fundamentals, and the success of Shibarium is uplifting its entire ecosystem. It continues to execute hundreds of thousands of transactions daily, and new active addresses are in an uptrend. It is a great moment to buy $SHIB at this inflection point.

The failure of the death cross to form means a long-term bullish trend reigns supreme, and a rebound is incoming. $SHIB, while a crypto from the last cycle, is still an excellent crypto for beginners wading into the memecoin space for the first time. What cryptos to buy now? $SHIB is an excellent option.

Galaxy Fox ($GFOX) In Final Days Before Retail Launch

Galaxy Fox has entered its final days before retail launch, and it is already 95% sold out. This new hybrid model has raised $3.7 million, and investors have shown an enormous appetite to become early adopters. $GFOX has enjoyed dual narrative tailwinds thanks to its memecoin build and P2E game. Set to enjoy further growth post $ETH ETF. There is no telling how far this gem can fly. Could it be among the top 5 cryptos to invest in this cycle?

Typically, a small cap launching in bullish conditions leads to a face-melting price discovery phase. Galaxy Fox ticks these boxes but has singled itself out amongst its competition. Introducing a staking rewards program funded via taxation, $GFOX is one of very few tokens on the market capable of generating native yield while remaining deflationary. The causal link between ecosystem development and activity and payouts upgrades all $GFOX stakers to stakeholder status, and when these payouts materialize post-launch, expect demand to swell.

Galaxy Fox's endless runner game is another big-hitting feature of this ecosystem and even incorporates NFTs. Those holding any member of the Galaxy Fox collection unlock special in-game stat boosts. Players compete on a global stage to end the season in the top 20% of the leaderboard, and anybody who is successful earns part of the prize pool.

Users come to compete and earn, and stay to stake and enjoy payouts. The Galaxy Fox ecosystem has it all, and as memecoins and GameFi become the dominant verticals of this cycle, $GFOX is expected to start ripping straight out of the gate.  

Closing Thoughts: Altcoin Season Loading

Bitcoin pumps, Ethereum pumps, and then altcoins run wild. It is a tale as old as time. Now that $ETH is starting to move aggressively, altcoins will be close behind, and small caps with solid value propositions are the best answer to what cryptos to buy now.

Galaxy Fox presents a shining example. It launches a new hybrid model, enjoys support from two narratives, and its retail launch is only a few days away. Join the presale today and get your ticket to ride this galactic gem. 

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