Solana could 3x in December, Galaxy Fox 10x after presale

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One of the top performers in the October and November cryptocurrency rally was Solana (SOL). The altcoin outperformed the rest of the market with a 200% price increase.

The price increase might continue into December. Predicted to conclude the year with a threefold price increase, SOL is among the best altcoins to buy.

Another altcoin that has built bullish momentum is Galaxy Fox (GFOX). The uniqueness of the project has earned it massive support from the crypto community. But can $GFOX experience a 10x price jump after its crypto presale? Let’s find out.

From October to November, the price of Solana jumped from $21 to as high as $68. Although the rally cooled off in mid-November, with the SOL token dropping back to $60, the altcoin has shown the potential for more gains.

The upside potential of Solana has been attributed to several factors. First, the network has grown at a tremendous pace, challenging Ethereum. The cost of operating on the network is also significantly cheaper than other blockchains, making it one of the best altcoins to buy.

The defi network of Solana has also recorded a significant jump in interest. Several projects, including BONK, ranked as one of the best meme coins to buy now. They also recorded major gains, aiding the growth of Solana. Lastly, many analysts have stated that the price of SOL is underpriced.

These predictions have hinted at massive growth in the Solana price. Real Vision CEO Raoul Pal has called Solana one of the best altcoins to invest in, projecting a price of $400. Jacob Canfield projected a price of $1,000 by early 2024. This makes a 3x price jump to $180 seemingly possible in December.

Will Galaxy Fox surge up to 10x?

Another altcoin that has attracted massive bullish attention in recent weeks is Galaxy Fox. The project has been praised as one of the best ICOs because of its uniqueness. Galaxy Fox has seamlessly merged two industries in the crypto space

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Author: Guest Post

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