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Home»BLOCKCHAIN NEWS»Solana fell below $90 as investors piled up pre-sale coins.
BLOCKCHAIN NEWS

Solana fell below $90 as investors piled up pre-sale coins.

By Crypto FlexsJanuary 11, 20242 Mins Read
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Solana fell below  as investors piled up pre-sale coins.
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Last week, Solana (SOL) fell 11% to $85 before recovering toward $100. With top altcoins under pressure, investors are turning to alternatives like Galaxy Fox (GFOX), which raised more than $2.5 million in pre-sales.

Galaxy Fox pre-sale status

Galaxy Fox pre-sales raised over $2.5 million.

The project features web3 games, NFTs, marketplace, staking platform, goods, and token burning.

Web-3 runner games utilize Play-to-Earn (P2E) gaming mechanics. Players must be in the top 20% of the leaderboard to receive a reward. Once you receive in-game currency, you can exchange it for GFOX.

To increase your chances of success, consider purchasing NFTs and attribute boosters from the GFOX Marketplace. These items provide advantages and temporary boosts to speed, agility, and strength.

Additionally, holding and staking GFOX provides rewards through the Stargate module. GFOX is also deflationary, which could support prices in the long run.

With a collection of 3,000 NFTs and physical merchandise including collectibles and other items, the project continues to gain momentum.

Solana Recovers

Solana, which fell below $90 last week, rebounded 11% in 24 hours to nearly $100 as selling pressure eased.

Analyst Ali Martinez predicted that SOL could rise to $160 in the coming weeks if the bullish momentum continues.

However, the near-term outlook largely depends on whether U.S. regulators approve a spot Bitcoin ETF.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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