Solana

Parabolic

Galaxy

Bonk

BitTorrent

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
This article explores Solana (SOL) and Galaxy Fox (<a target="_blank" href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=38" rel="noreferrer noopener">GFOX</a>), an emerging crypto project. Solana may pull back to $50 before resuming the uptrend to $100. Meanwhile, Galaxy Fox has raised over $1.3 million in its presale. 
<h2 class="wp-block-heading" id="solana-is-volatile-but-firm">Solana is volatile but firm</h2> 
SOL has been volatile since mid-October.&nbsp; 
Recently, it fell by 13.36%, settling around $67.3.&nbsp; 
Charts indicate a rising wedge pattern, suggesting a possible local top and an upcoming correction. Is a dip to the $50 level on the horizon? 
 You might also like: <a href="https://crypto.news/kaiko-solana-price-ratio-shows-recovery-from-ftx-collapse/"> Kaiko: Solana price ratio shows recovery from FTX collapse </a> 
On a related note, <a href="https://crypto.news/solana-denies-security-threat-to-saga-phones/" data-type="post" data-id="14216364">Solana Saga phones</a> tied to the Bonk meme coin airdrop are selling at high prices on eBay. The airdrop frenzy has turned these phones into sought-after items, some fetching as much as $5,000. 
Despite the recent surge above $75, Solana’s potential trajectory toward $100 has analysts hopeful. If bears don’t intervene, SOL might be heading towards triple digits. 
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 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SOL</a> 1D Daily looks about ready to break out above $80. Parabolic structure is present as well. Very possible we see $100+ SOL by years end IMO; as there isn't much resistance until $100 if $80 is broken through. (NFA/DYOR.) <a href="https://t.co/EKOWAvZoV4" target="_blank">pic.twitter.com/EKOWAvZoV4</a>— Deftsuo (@deftsuolol) <a href="https://twitter.com/deftsuolol/status/1735233887305916701?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 14, 2023</a>
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In case bears prevail, a retracement to the $50 mark could be in the cards.&nbsp; 
Analysts closely watch support levels around $60-$55; below that, a solid $50 level awaits.&nbsp; 
<h2 class="wp-block-heading" id="galaxy-fox-aims-to-reshape-meme-coins">Galaxy Fox aims to reshape meme coins</h2> 
<a target="_blank" href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=38" rel="noreferrer noopener">Galaxy Fox</a>&nbsp;has raised over $1 million in its presale. 
Currently, in stage 4, GFOX is priced at $0.00132, with 94% of the tokens already in the hands of early investors. 
Galaxy Fox is a GameFi hybrid that could reshape the crypto landscape. A robust tokenomics model supports the play-to-earn (P2E) and meme combination. 
 You might also like: <a href="https://crypto.news/institutions-can-consider-these-tokens-can-they-outpace-gfox/"> Institutions can consider these tokens; can they outpace GFOX </a> 
At the core of Galaxy Fox is its classic endless runner game, rewarding the top 20% of players each season. With a token burn, there’s a decreasing circulating supply. The ecosystem includes Stargate, accumulating 2% of all transactions.&nbsp; 
Allocating 2% of taxes to the Treasury ensures funds for marketing and community initiatives and a built-in budget for expanding the Galaxy Fox ecosystem. 
With over $1.3 million already raised, GFOX will be trading at $0.001518 in the next stage. 
<h2 class="wp-block-heading" id="final-thoughts">Final thoughts</h2> 
Galaxy Fox aims to be a memecoin powerhouse. Interested users can visit their website to explore the project and even participate in the presale. Supporters can also join their Telegram community. 
Learn more about GFOX here: 
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=38" target="_blank" rel="noreferrer noopener">Visit Galaxy Fox Presale</a>&nbsp;|&nbsp;<a href="https://t.me/galaxyfoxtoken" target="_blank" rel="noreferrer noopener">Join the Community</a> 
 Read more: <a href="https://crypto.news/bittorrent-rises-60-gfox-presale-targets-1m/"> BitTorrent rises 60%, GFOX presale targets $1m </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Solana may retrace before rallying to $100; GFOX presale approaching $2m

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