Many people anticipate 2024 could be the mother of all bull markets for crypto, and early signs of this prediction are already here. The New Year started off with a bang, as many altcoins saw double-digit gains in the first few hours of trading. . X $MATIC, $ICP and $SEI are among those enjoying a good start to the year, while $GFOX also continues to impress on presale and could be among the top-performing ERC-20 coins in 2024. Meanwhile, $BONK, $ADA and $AVAX also remain bullish for the near future, so let’s take a deeper look at these leading coins.

Galaxy Fox ($GFOX): Hybrid Token With GameFi Utility And Meme Appeal 

Galaxy Fox combines the best of GameFi and the Meme sector, making it a project with high success potential. It has an ecosystem that allows users to explore web3 possibilities via a blockchain runner game and a community that prioritizes fun and development. $GFOX is the ecosystem’s native currency, and it will be responsible for all activities on Galaxy Fox. $GFOX will provide earning opportunities for users via staking, token ownership, or playing the platform’s runner game.

Players can earn more $GFOX by performing well in competitions and being among the top 20% on the game’s leaderboard. $GFOX can facilitate Galaxy Fox’s NFTs and in-game items purchased from the marketplace to boost winning chances. Apart from improving chances of winning, Galaxy Fox NFTs have the potential to be a valuable asset. It could become a popular NFT with real value, which makes it a good asset. The NFTs and $GFOX could be highly rewarding for investors. This is why joining its presale is very important.

BONK ($BONK): Impressive Meme Coin Shows Signs of Bullish Reversal 

$BONK is a Solana-based meme coin. It’s the first dog-themed coin on the Blockchain and one of the top-performing meme tokens last year. $BONK release brought improved market performance for $SOL token, and some analysts believe their runs are similar. A look at the chart signifies an element of truth in this assertion, as both altcoins declined by over 10% in the last week and are reversing the loss. $BONK hopes to replicate its previous year’s success. This will mean better than the +1700% year-to-date yield and surging towards $0.01 or beyond. The meme coin’s utility on Solana-based decentralized exchanges (DEXs), coupled with conventional meme appeal, will contribute to its predicted excellent run.

Cardano ($ADA) Eyes $1 Price Region 

$ADA had over 54% increase in the month leading to the new year. The top altcoin rallied from $0.39 to a 52-week high of $0.67 but has struggled to break out from that price region. While $ADA has maintained low volatility since then, it has failed to show promising signs of a rally. However, the new year seems to be different. $ADA has returned to the $0.60 price zone after briefly dropping out towards the year-end, and it’s now targeting the $1.00+ price region. Professional analysis suggests it’s among the best cryptos to invest in, as it has a fair chance of booming. However, experts advise caution and keen monitoring to reduce loss possibilities.

Avalanche ($AVAX) Shows Promising Outlook 

$AVAX is among the most prominent DeFi tokens in the crypto market. Like other top altcoins, it has high adoption potential, and its outlook this year looks promising. The cryptocurrency has gained over 80% in the past 30 days, surging from 21.91% to 49.66%. Currently, $AVAX is declining, but the new year’s positive effect is beginning to impact the altcoin’s price action. While $AVAX is yet to find its feet, it’s showing signs of returning to its $49.66 year-high to retest the $50 resistance.

The market is cautious about $AVAX at the moment, but a promising sign of positivity could change the sentiment immediately. The altcoin looks poised for a rewarding run, and some analysts believe it’s among the best crypto to buy now. $ AVAX’s current $40.56 also looks like a good entry price, with the altcoin tipped to surge far beyond that before the end of Q1.

Conclusion

The new year looks to be heading in a positive direction, and $GFOX,  $BONK, $ADA, and $AVAX are among the top 10 altcoins you can consider now. $GFOX is, however, more of a long-run commitment. But, it offers lesser risk exposure and profit margin, a making it a perfect choice for smart investors who seize the chance to get in early.