3 must-own Cryptocurrencies before the end of 2023

Demand for leveraged exposure to Bitcoin ($BTC) continues to skyrocket. As global instability climbs and fears of the FED further devaluing the dollar’s value mount, there will be an international flight to quality.

This cycle will likely be the last and greatest for digital assets before institutional investors smooth out volatility. Investors asking themselves what crypto to buy right now need look no further than Galaxy Fox ($GFOX), Stellar ($XLM), and Avalanche ($AVAX). These are the must-own cryptocurrencies before the close of 2023 and the top cryptos to buy right now.

Galaxy Fox ($GFOX) Micro cap gem

Galaxy Fox enjoys two powerful catalysts: a bullish market environment and a well-thought-out tokenomics model. Put bluntly, in the current macro, the upside for $GFOX is almost limitless. Investors in the initial presale will see the value of their holdings swell by 450% before launch, and that is before all the deflationary and value accrual mechanisms kick in.

At the heart of this ecosystem is a play-to-earn game, a classic runner but with a Web3 twist. Each season, the top 20% of players will receive prizes that they can exchange for $GFOX tokens, meaning that gaming acumen means cash in this ecosystem.

Players can bolster their in-game abilities with one of the 3,000 unique NFTs and trade them on the secondary marketplace. But the real focus is on the Galaxy Fox burn campaign, which will permanently remove tokens from circulation and its powerful token sink: Stargate.

Stargate is the staking hub where users stake $GFOX tokens to earn rewards. Instead of inflationary token emissions, staking rewards are paid from taxes, with 2% of all transactions routed to Stargate. In practice, this means that staking rewards will grow in tandem with the ecosystem, and these early stakers will enjoy massive gains as the ecosystem evolves.

Taxations ensure a constant flow of capital around the ecosystem and guarantee continuous growth. These factors, plus the macro condition, make $GFOX the perfect answer for investors asking themselves what crypto to buy now.

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Stellar ($XLM) demand for cross-border payments increases

Stellar has been quietly surging, enjoying a reflection effect from Ripple’s ($XRP) landmark case victory. Officially launched in 2015, Stellar connects the world’s financial systems and allows capital to move wherever at minimal cost. The aggressive marketing campaign undertaken by the Stellar team has shown fruit, and demand for the native token $XLM continues to increase.

Cross-border payments have long been a pain point in the global financial system, and Stellar’s elegant solution easily makes it a top crypto to invest in. Crypto has a natural aptitude for international transfers, and Stellar allows these transactions to occur in any currency while guaranteeing high levels of security and rapid settlement times. Globalization means more cross-border transfers, and Stellar stands to be a huge beneficiary.

Avalanche’s ($AVAX) Vista fund

Avalanche rapidly rose to fame in the alternative layer one meta, where scalability and TPS were everything. Most of these alternative layer ones have withered up and failed to make any sort of comeback, but over at Avalanche, it is an entirely different story.

The launch of SocialFi dApps, such as Stars Arena, and great yield products like Struct Finance have kept the ecosystem vibrant. And Avalanche’s commitment to progress is easily observable through its Vista Fund.

Earmarking $50 million to speed up the adoption of asset tokenization on the Avalanche blockchain is the exact forward-thinking investors want to see. Asset tokenization will likely be one of the fastest-growing verticals in crypto this cycle, making $AVAX another top crypto to buy.

Closing thoughts: Gear up, Altcoin season starts soon

Bitcoin is leading the charge, and Ethereum is showing excellent strength. It is evident to investors who have witnessed multiple cycles that altcoin season begins next. Investors who want to make serious returns this cycle need to be on the right side of the trend.

In these conditions, micro-cap projects like Galaxy Fox absolutely fly, and while $XLM and $AVAX remain excellent buys. They cannot compete with the upside potential of a nascent presale. What crypto to buy right now? The answer is obvious: $GFOX.

Learn more about Galaxy Fox ($GFOX) here:

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