Published in: Cryptocurrency

2024 Shaping Up to be the Year of Layer-2s, GameFi and Memecoins. Which Are the Top Picks? (crypto-news-flash)

Author vaultboy.io

Published on: 15 January 2024

Diverse sectors of the crypto landscape are primed for gains this year. Committing to projects in these sectors improves profit-making possibilities for investors. Here, we consider the top 5 cryptocurrencies across these sectors, including the budding $GFOX, showing an impressive presale performance so far. 

Galaxy Fox: Best New Meme Token On the Market This Year 

Every year, many meme coins vie to enter the meme ecosystem, but only a few succeed at being listed on an exchange or gaining prominence. Per indications, $GFOX won’t just be among the few this year; it will be the best. The unique meme coin with hybrid utility will leverage the combined profitability and high demand of both sectors to thrive. 

$GFOX will serve various benefits in the web3 ecosystem. It will function as a native currency that developers, NFT creators, users, and other web3 stakeholders can use as a payment option or reward. The meme coin’s universal utility in a fast-growing ecosystem will increase its prominence and make it a token of value. The ERC-20 token will also have a deflationary feature, making it more scarce and valuable in the long run. 

$GFOX is currently enjoying its presale, and it has raised close to $3 million. The ICO is nearing its 7th stage, which will usher in a rise in $GFOX presale price. Savvy investors have taken advantage of $GFOX’s current low price; you can too, increase your profit margin. 

Optimism ($OP) Battles Resistance As it Nears $5 

Optimism ($OP) eyes being among the best performers this year. Its immediate target currently is setting a new all-time high, which will require it to surpass the $4.57 it set in May 2022. The altcoin came close recently when it peaked at $4.15, its highest in a year. However, Optimism ($OP) is unable to weather the resistance at the $4+ price zone. 

Thus, the altcoin failed to defend the price. $OP is currently fluctuating between its nearest support and resistance. It’s trading around $3.80 currently but will surge up to $4.00+ before taking another decline again. $OP isn’t relenting on retesting the $4 resistance, and investors can expect a new all-time high and a rally if the bulls gain control. 

$ARB Among Leading Layer-2s 

$ARB is the native currency of the layer-two Ethereum scaling solution, Arbitrum. The altcoin had a disappointing run in the previous year, dropping below $1 from an $11.80 all-time high. However, $ARB is on a recovery run and is gradually progressing. The altcoin has pumped over 200% from its $0.7 all-time low within four months, and the coming months look exciting for $ARB. Market experts have named it among the top 5 cryptocurrencies to watch out for, as the altcoin shows exciting prospects. $ARB trades around $2.00+ but could end Q1 around $5.00. 

$BONK: Meme Coin With a Shot at the Top

$BONK was among the top-gaining meme coins last year and aims to continue from where it stopped. The Solana-based dog token has surged by over 36% in the last seven days and could continue the momentum. The meme is essential in the Solana network, providing the network’s DEXs liquidity. $BONK is community-centered, and members of the Solana community are benefiting from its performance and outlook. The meme coin is eyeing another 1000+% year-to-date run this year, and it’s not looking too far-fetched that it could happen. 

ImmutableX ($IMX): Layer-two Token With Solid Potential 

ImmutableX is the first L2 scaling solution for Non-fungible Tokens (NFTs) and Ethereum networks. It boasts better scalability, users and developers experience, and liquidity. This makes it a top layer-two network with a thriving native currency, $IMX. $IMX had an incredible run last year, yielding over 350% gain. The altcoin rallied from $0.48, ending the year around $2.00+. $IMX has maintained its $2.00+ price level, changing hands around $2.20+. The L2 token eyes a double-figure market price that would see it surpass its previous all-time high (ATH). 

Conclusion 

These top 5 cryptocurrencies share positive outlooks, and investors may find them profitable. Their sectors are looking to boom, especially the meme ecosystem. $BONK and $GFOX are among those to keep a close eye on, with the latter primed for a strong market run upon entering its retail phase. This makes its presale an opportunity not to be missed! 

Join $GFOX presale now: 

Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter 

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