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The rapid price rise of Chainlink (LINK) over the last two months has abruptly ended. LINK was one of the worst affected coins in the latest market-wide correction, falling below a critical support level. On the other hand, Synthetix (SNX) and Galaxy Fox (<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=34" target="_blank" rel="noreferrer noopener">GFOX</a>) have been firm. While SNX surged to a new 600-day high, the GFOX presale has soared to new heights.&nbsp; 
<h2 class="wp-block-heading" id="chainlink-falling">Chainlink falling&nbsp;</h2> 
The price of Chainlink increased by more than 120% in two months.&nbsp; 
LINK rallied above $17.2 from under $7 in October after the launch of Chainlink staking v0.2. However, LINK prices have been falling. Recently, it fell below the critical support level of $14 after trading over $17.2.&nbsp; 
 You might also like: <a href="https://crypto.news/chainlink-debuts-price-feed-oracles-on-polygon-zkevm/"> Chainlink debuts price feed oracles on Polygon zkEVM </a> 
If selling pressure persists, the&nbsp;<a target="_blank" href="https://coinmarketcap.com/currencies/chainlink/" rel="noreferrer noopener">price of Chainlink</a>&nbsp;could fall below the $11.80 support level.&nbsp; 
<h2 class="wp-block-heading" id="synthetix-surges-to-600-day-high">Synthetix surges to 600-day high&nbsp;</h2> 
<a href="https://crypto.news/synthetix-halts-snx-token-inflation-pivots-to-buyback-and-burn-strategy/" data-type="post" data-id="14226413">Synthetix</a> rallied by 30%, rising to $4.93, a 600-day high.&nbsp; 
Prices have been edging higher after the platform ended staking inflation and implemented a deflationary mechanism together with a buyback-and-burn system. 
Based on the latest price formation, the&nbsp;<a target="_blank" href="https://coinmarketcap.com/currencies/synthetix/" rel="noreferrer noopener">price of Synthetix</a>&nbsp;could likely extend gains. 
<h2 class="wp-block-heading" id="galaxy-fox-rising-in-presale">Galaxy Fox rising in presale</h2> 
Galaxy Fox has raised over $900,000 in the ongoing presale. 
It aims to fuse play-to-earn (P2E) gaming and meme culture. Galaxy Fox blends meme coins’ fun and community-driven aspects with the earning potential associated with games.&nbsp; 
 You might also like: <a href="https://crypto.news/bittorrent-rises-60-gfox-presale-targets-1m/"> BitTorrent rises 60%, GFOX presale targets $1m </a> 
Players can participate in the Endless Runner P2E game to earn digital assets and GFOX, the platform’s native token.&nbsp; 
Top performers, comprising the top 20% of gamers, receive additional rewards for their achievements.&nbsp; 
Additionally, token holders can stake their GFOX to generate further income.&nbsp; 
GFOX is up by over 70%, trading at $0.001122 in the ongoing presale. Analysts expect more gains after Galaxy Fox launches. 
<h2 class="wp-block-heading" id="final-thoughts">Final thoughts</h2> 
While Chainlink struggles with the correction in the crypto market, Synthetix and Galaxy Fox remain bullish. In the ongoing presale, the demand for GFOX is rising. 
Learn more about Galaxy Fox (GFOX) here: 
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=34" target="_blank" rel="noreferrer noopener">Visit Galaxy Fox Presale</a>&nbsp;|<a href="https://t.me/galaxyfoxtoken" target="_blank" rel="noreferrer noopener">&nbsp;Join The Telegram Group</a>&nbsp;|<a href="https://twitter.com/GalaxyFoxToken" target="_blank" rel="noreferrer noopener">&nbsp;Follow Galaxy Fox on Twitter&nbsp;</a> 
 Read more: <a href="https://crypto.news/solana-hits-70-as-gfox-presale-roars-past-900k/"> Solana hits $70 as GFOX presale roars past $900k </a> 
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LINK falls below support as SNX pushes ahead, presale token soaring

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