Galaxy

Synthetix

Read

Chainlink

BitTorrent

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 <p class="is-style-lead">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 (GFOX) have been firm. While SNX surged to a new 600-day high, the GFOX presale has soared to new heights.&nbsp;</p>
 <h2 class="wp-block-heading" id="chainlink-falling">Chainlink falling&nbsp;</h2>
 <p>The price of Chainlink increased by more than 120% in two months.&nbsp;</p>
 <p>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 <a rel="noopener noreferrer nofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a> level of $14 after trading over $17.2.&nbsp;</p>
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 <p>If selling pressure persists, the&nbsp;price of Chainlink&nbsp;could fall below the $11.80 <a rel="noopener noreferrer nofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a> level.&nbsp;</p>
 <h2 class="wp-block-heading" id="synthetix-surges-to-600-day-high">Synthetix surges to 600-day high&nbsp;</h2>
 <p>Synthetix rallied by 30%, rising to $4.93, a 600-day high.&nbsp;</p>
 <p>Prices have been edging higher after the platform ended staking inflation and implemented a deflationary mechanism together with a buyback-and-burn system.</p>
 <p>Based on the latest price formation, the&nbsp;price of Synthetix&nbsp;could likely extend gains.</p>
 <h2 class="wp-block-heading" id="galaxy-fox-rising-in-presale">Galaxy Fox rising in presale</h2>
 <p>Galaxy Fox has raised over $900,000 in the ongoing presale.</p>
 <p>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;</p>
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 <p>Players can participate in the Endless Runner P2E game to earn digital assets and GFOX, the platform’s native <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>.&nbsp;</p>
 <p>Top performers, comprising the top 20% of gamers, receive additional rewards for their achievements.&nbsp;</p>
 <p>Additionally, <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> holders can stake their GFOX to generate further income.&nbsp;</p>
 <p>GFOX is up by over 70%, trading at $0.001122 in the ongoing presale. Analysts expect more gains after Galaxy Fox launches.</p>
 <h2 class="wp-block-heading" id="final-thoughts">Final thoughts</h2>
 <p>While Chainlink struggles with the correction in the crypto market, Synthetix and Galaxy Fox remain bullish. In the ongoing <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a>, the demand for GFOX is rising.</p>
 <p><strong>Learn more about Galaxy Fox (GFOX) here:</strong></p>
 <p>Visit Galaxy Fox Presale&nbsp;|&nbsp;Join The Telegram Group&nbsp;|&nbsp;Follow Galaxy Fox on Twitter&nbsp;</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/link-falls-below-support-as-snx-pushes-ahead-presale-token-soaring-tbt73972.html">https://thebittimes.com/link-falls-below-support-as-snx-pushes-ahead-presale-token-soaring-tbt73972.html</a></p>

LINK falls below support as SNX pushes ahead, presale token soaring

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