Mt. Gox could sell $138,000 of BTC into the market, sending the price crashing even further. $GFOX Pre-sale Offers Safe Harbor
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Continued outflows from the Grayscale Bitcoin Trust have unnerved the market. The U.S. government has announced that it will sell $118 million worth of Bitcoin ($BTC) on Silk Road, and now that affected parties have received a confirmation email, Mt. Gox could dump $138,000 BTC into the market. Falling prices.
There’s a lot of uncertainty, but luckily the pre-sale is here: Galaxy Fox ($GFOX) It remains unaffected by all this noise. Which cryptocurrency should you buy now? How to avoid all these fears and doubts? The $GFOX pre-sale provides a safe harbor for anyone waiting out the storm. And with TGE opening later this year when market conditions improve, it could be a golden opportunity to buy undervalued projects early.
Mt. Gox Recipient Address Verification: Is a 138,000 $BTC Flood Market Possible?
Mt. Gox Redemption has been a scammer and strange ghost-like FUD that has stuck with cryptocurrencies for years. Everyone knew that one day these redemptions would arrive and hit the market, but everyone always assumed it would be at some undisclosed date in the future. However, Mt. That day appears to have finally arrived, as Gox confirmed the Bitcoin addresses of creditors for repayment.
Users have confirmed receiving the email and are now on Mt. Gox plans to repay approximately 140,000 bitcoins to everyone affected by the 2014 security breach. Make no mistake. These people are forced to hold for close to 10 years and will reap huge profits. Huge selling pressure is expected. Grayscale’s selling pressure was bad enough, but Mt. Gox creditors could send $BTC back below $40,000 in no time, and possibly even higher.
Galaxy Fox ($GFOX): Calm In the Storm
Galaxy Fox It’s a pre-sale that gives investors a break. Highlighting that smart investors are taking advantage of ICO opportunities, Mt. Coinciding with the Gox news, the fund increased dramatically last week. Which cryptocurrency should you buy right now to avoid all this selling pressure? $GFOX is a leading candidate.
Built on the foundation of Web3 runner games, Galaxy Fox combines two genres to create a revenue and entertainment smash. People from around the world compete to finish the season in the top 20%, and high scorers receive prizes. But there is another layer built on top of this. NFT holders unlock unique in-game stat boosts and give anyone a chance to win a prize pool. This P2E component adds Galaxy Fox to the GameFi narrative.
Another component of Galaxy Fox is all memecoin. A taxation system that supports deflationary token economics, viral branding, and even marketing efforts will ensure a constant flow of new users to the protocol. It has a small market cap and crazy upside potential that memecoin investors know and love.
Another great feature is the staking rewards program. What’s unique about Galaxy Fox is that it taxes stakers. This means that all of these payments are completely deflationary. There will be no inflationary pressure and 70% of tokens will be sold through pre-sale in a fair launch. It’s easy to see why $GFOX is described as one of the best cryptocurrencies you can buy right now.
Closing Thoughts: Why Presales Provide a Safe Harbor
Mt. $BTC could skyrocket due to massive selling pressure from Gox creditors. 140,000 $BTC is no small change and all these would-be sellers stand to make huge profits. Selling makes sense. That’s why investors should be asking which cryptocurrencies they should buy right now to avoid this storm. The correct answer is Galaxy Fox.
By participating in the Galaxy Fox pre-sale today, investors can lock in the current value of the asset and wait quietly until TGE when conditions improve. Small-cap stocks that launch with positive sentiment are rocket fuel, and not only do they provide safe harbor, early entrants can even see 100X within a few weeks of launch. $GFOX is the best cryptocurrency you can buy right now. Join the journey today.
Learn more about $GFOX here:
Check out the Galaxy Fox pre-sale | JOIN THE COMMUNITY
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