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Bitcoin Cash (BCH) and TON Outperform Market; GFOX Expected to Grow 50X

Apr 2, 2024

The upcoming halving of Bitcoin and Bitcoin Cash in April has impacted the prices of these cryptocurrencies. However, besides BTC and BCH, TON and GFOX have also shown significant price movements recently. Let's delve into the performance of BCH, TON, and GFOX in the last week.

Bitcoin Cash (BCH)

BCH has surged by more than 39% over the past week, reaching a price of $598.28 at the time of writing. Starting the week at $435.95, it peaked at $635.11 today. The expected halving of BTC in April has contributed to this upward trend.

Unlike BTC, BCH has only undergone one halving, which took place on April 8, 2020. Due to its faster mining algorithm compared to BTC, BCH's halving is scheduled for early April while BTC's is set for later in the month.

Investors are maximizing BCH's price potential ahead of the halving, boosting the market cap to $11,834,982,405. This echoes its performance in May 2021 when it surpassed $1,300. Although BCH has yet to reach its 2018 all-time high, investors are eagerly awaiting the upcoming halving.

TON

According to CoinMarketCap, Toncoin has surged by over 8% in the last 7 days and 97% in the last 30 days, accumulating a market cap of $18,263,156,783. Notably, TON rose from $3.32 to $5 in a week, driven by the foundation's plan to distribute 30 million Toncoins to the ecosystem via The Open League.

The price surge has surpassed the $4.85 resistance level, indicating a bullish trend potential for Toncoin.

GFOX

Galaxy Fox (GFOX) has grabbed attention for its commendable performance and price prospects in the crypto market. The token has unique memecoin and GameFi features that attract many investors, supported by a deflationary tokenomics model to reduce total supply and boost demand and price.

GFOX allocates 2% of transaction fees to its protocol Treasury for community initiatives and marketing. With a Web3 runner game offering earnings in GFOX and a staking module for passive income, GFOX has immense investment potential, predicting early investors could earn up to 50X their investment post-launch.

Investors await the BTC and BCH halving, expecting a surge in prices across the market. While BCH and TON have shown robust performance, GFOX's impending launch has raised price expectations. Positioned as a promising memecoin with diverse utilities, GFOX offers significant profit potential to smart investors.

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