With 2022 not going as most investors had planned, the time has come to shift away from failed crypto projects without real-world use cases and move toward investing in projects with the most solid potential for growth in 2024.
As we come to the end of 2023, there are a few standouts in the crypto market that every investor should buy now. However, finding these projects is often tricky; timing the positions is even more complicated.
Luckily, we have found three of the best cryptos to buy right now with the most potential. The best thing is that they’re cheap, providing the perfect opportunity to build your positions with the best cryptos to invest in 2023.
Let’s take a look at these projects.
Galaxy Fox ($GFOX)
Galaxy Fox aims to provide investors access to the meme and gaming sectors, giving them another way to profit from their investments.
Galaxy Fox’s native token, $GFOX, will power the company’s ecosystem, providing holders with many benefits across the Galaxy Fox platform.
Galaxy Fox aims to maximize return on investment for investors. To achieve this, the company offers appealing rewards and bonuses for investors who lock and stake their $GFOX tokens.
The locked tokens will contribute significantly to the platform’s liquidity pool. This will create a strong market and better trading opportunities in the marketplace.
Besides gaming and staking, Galaxy Fox provides users with other benefits, such as a burn feature, buying and selling of NFTs, a vibrant merchandise shop, and an online marketplace.
With the excellent features of the Galaxy Fox platform, it is no surprise that many investors see $GFOX as one of the best cryptos to buy right now and are eager to get their hands on the tokens, as they consider the project to be one that will revolutionize the P2E market.
The token is currently being sold at $0.00066 in its first presale stage, which means investors can now buy it at a discount and position themselves for a lot of profits when $GFOX is listed on major exchanges. The Galaxy Fox presale has seen astonishing success, with over two hundred million tokens sold in just a few weeks.
Optimism ($OP) is a layer two scaling solution that aims to improve the scalability of Ethereum. The blockchain of Ethereum can only handle a few transactions, making the execution of a trade lengthy and costly.
Optimism works as an additional protocol on Ethereum’s blockchain, thus a second layer that runs on top of a layer one blockchain (Ethereum).
Optimism is an optimistic rollup. This means that transactions executed over the Optimism network are approved immediately. This happens without a trade being checked beforehand. This way, traders can have their transactions processed at the speed of light.
After their transactions are approved, validators are given a predetermined time to flag fraudulent transactions.
To do this, they must use a stake. If it turns out that a transaction is flagged wrongfully as fraudulent, the validator loses part of the stake. If the validator proves to be correct, then they receive a reward.
Both developers and end users can use Optimism. When you use an Ethereum blockchain application, you can use Optimism. This ensures that you can complete transactions faster and pay lower costs. There’s a lot of interest in Optimism as it continues to build a solid reputation as one of the best cryptos to buy right now.
Shiba Inu ($SHIB)
Shiba Inu is an Ethereum-based cryptocurrency named after the Japanese dog breed. Shiba Inu is generally considered a viable dogecoin ($DOGE) alternative. Some Shiba Inu supporters also call it the ‘dogecoin killer.’
$SHIB is the governance and native token of the Shiba Inu platform and is an ERC-20 token. Many crypto investors consider SHIB to be the best cheap crypto to buy.
Shiba Inu has its own decentralized exchange (DEX). The ShibaSwap DEX, launched in June 2021, can trade multiple cryptos for SHIB tokens. Users can deposit tokens in ShibaSwap’s SHIB pool to earn interest, like in other liquidity pools.
Shiba Inu is developing a metaverse project called SHIB: The Metaverse. Here, token holders can buy land, win non-fungible tokens (NFTs), and deal in tokens like $BONE, $SHIB, and $LEASH, among other things.
Shiba Inu ($SHIB) was added to the tradable cryptocurrencies on the BTCC exchange. The addition was announced on March 3, 2023, to increase the options for trading available to the public.
While all three of these coins have excellent potential in 2024, the competition between Optimism, Shiba Inu and Galaxy Fox as the best crypto to buy goes to $GFOX due to its fun memecoin ethos combined with GameFi utility, as well as its excellent staking rewards, NFT utilities and solid tokenomics. This project is sure to be a standout in the coming bull market. So be sure to grab it while it’s still in presale, and prices are at their lowest before it explodes on major exchanges. Don’t miss out!
Learn more about Galaxy Fox ($GFOX) here:
*This article was paid for Cryptonomist did not write the article or test the platform.