When markets start climbing, general wisdom dictates that there are more buyers than sellers. Institutional investors have woken up to the value proposition of fixed monetary policy in an era of incessant money printing. Digital assets have broken well into the mainstream, and demand for Bitcoin ($BTC) is 10X the supply.
Projects with solid tokenomics models are getting repriced as everyone wants to own tokens with fixed or deflationary supplies- these are the top cryptos to buy right now. The Galaxy Fox ($GFOX) presale is 98% sold out as early investors bet on a massive price squeeze post-launch. And the $BTC/ memecoin portfolio build looks primed to outperform markets.
Bitcoin ($BTC): Demand Outstrips Supply
Demand for $BTC is red hot, and the inflows from ETFs keep pumping the numbers. ETF issuers already own 3.5% of the circulating supply, and the massive imbalance between demand and supply is only set to get worse post-halving. What does this mean for existing holders? More upwards price action.
Michael Saylor stated in a CNBC interview, ‘There’s ten times as much demand for Bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners.’ Institutional investors want $BTC exposure, and alongside $BTC rallying, mining stocks are pumping, and Coinbase ($COIN) is soaring after its quarterly earnings release.
This massive imbalance between supply and demand means Bitcoin is a top crypto to buy now, especially before the halving when issuance will get cut in half.
Galaxy Fox ($GFOX) Presale 98% Sold Out
Galaxy Fox’s presale is already 98% sold out, and this nascent hybrid protocol has raised over $3.3 million in the space of several weeks. Is it the front-runner among the top cryptos to buy right now? Investors are flooding into this presale for two reasons. First, Galaxy Fox’s unique hybrid design makes it one of the only liquid vehicles on the market for exposure to the growth of GameFi and memecoin speculation.
Second, its tokenomics model is in a whole new league compared to its competitors. Supply and demand dynamics have an oversized effect in bullish conditions. Galaxy Fox’s token burn ensures a constantly reducing supply. Additionally, the protocol leverages a taxation system to pay stakers, equating to no net new issuance of $GFOX post-presale.
The total supply will be down only following the TGE, and when staking rewards start appearing, demand for $GFOX will naturally increase. More capital chasing fewer tokens means high-octane price gains. This is why $GFOX is one of the best cryptocurrencies to buy currently.
Galaxy Fox’s play-to-earn runner game allows players to earn real cash via competing, and at the end of each season, prizes are paid out. Those who want an edge can mint one of 3,000 unique NFTs and enjoy in-game stat bonuses. Staking rewards are another prominent ecosystem feature, and anybody who holds $GFOX can start earning immediately.
Closing Thoughts: Deflationary Tokenomics In A Bull Market
Bitcoin is a hit with TradFi money because of its fixed monetary policy. Soon, demand will spill out into broader crypto markets with the Ethereum ($ETH) ETF, and this is when altcoins will start rallying like crazy.
Everybody should be trying to get ahead of this wave and find the top cryptos to buy right now. $GFOX in its presale stage is a no-brainer, and the only thing better than a fixed supply is a deflationary supply. Already 98% sold out; if you want to get in early, you will have to move fast.
Learn more about $GFOX here:
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