Memecoin

Galaxy

Million

Galaxy Fox

MicroStrategy, the biggest corporate holder of Bitcoin, has added even more $BTC to its bag. According to a recent report, the tech company has bought 850 more BTCs, worth over $37 million.
Meanwhile, <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=insidebitcoins&amp;utm_content=5" rel="noopener noreferrer nofollow">Galaxy Fox ($GFOX)</a> has emerged as one of the best cryptocurrencies to invest in, catching the eye of VC investors. With over $3.3 million worth of $GFOX sold in record time, $GFOX is climbing up the ranks of the best altcoins to invest in 2024.
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=insidebitcoins&amp;utm_content=5" rel="noopener noreferrer nofollow">&gt;&gt;BUY $GFOX TOKENS&lt;&lt;</a>
<h2 id="span-style-font-weight-400-microstrategy-buys-37-million-more-btc-span">MicroStrategy Buys $37 Million More $BTC</h2>
The NASDAQ-listed business intelligence software giant MicroStrategy has been on a Bitcoin accumulation spree over the past three and a half years. In a recent report shared by the company, it purchased 850 BTC worth $37.5 million.&nbsp;
Thanks to its latest $BTC purchase, MicroStrategy now holds over 190,00 BTC, making it the biggest corporate holder of Bitcoin. Despite there being over 22,000 cryptocurrencies in the market, MicroStrategy still sees Bitcoin as one of one of the best cryptocurrencies to invest in. And this bet appears to be paying off.&nbsp;
Using the dollar-cost-averaging (DCA) method, the company’s average purchase price is $31,464. This suggests that MicroStrategy has spent about $6 billion to accumulate its entire portfolio&nbsp;of Bitcoin. The unrealized profits of the corporation have increased due to the recent surge in Bitcoin.
The value of the company’s holdings has increased by more than&nbsp;50%, or more than $9 billion, now that Bitcoin is selling well above $47,500. Many other venture capital investors have switched to Galaxy Fox ($GFOX) as one of the best&nbsp;altcoins, while MicroStrategy is accumulating $BTC.
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=insidebitcoins&amp;utm_content=5" rel="noopener noreferrer nofollow">&gt;&gt;BUY $GFOX TOKENS&lt;&lt;</a>
<h2 id="span-style-font-weight-400-galaxy-fox-gfox-pulls-in-over-3-3-million-from-vc-investors-span">Galaxy Fox ($GFOX) Pulls in Over $3.3 Million From VC Investors</h2>
In the past few weeks, Galaxy Fox ($GFOX) has seen a surge of interest from VC investors. This has translated into the team raising over $3.3 million in record time, making it one of the best ICO presales of 2024.
VC investors have shown massive support for this project largely because of its ecosystem that promises to reshape the meme coin space. Galaxy Fox solves the most talked about problem of meme coins, a lack of utility. It has achieved this by building a blockchain gaming ecosystem.
Galaxy Fox features a web 3 runner play-to-earn game, a marketplace, some of the coolest NFT collections, a merchandise store, and $GFOX. As a meme coin, the project maintains its community drive&nbsp;by rewarding users for their involvement in all facets of its ecosystem.
In terms of tokenomics, $GFOX, an ERC20 coin, is likewise better than $PEPE, $DOGE, and $SHIB. There are just 5 billion tokens available overall. The company wants to make $GFOX one of the best&nbsp;meme coins to buy&nbsp;by scarcity-limiting its quantity.
To further strengthen its market potential, the team has also incorporated a deflationary model via token burning. This means that the total number of $GFOX tokens in circulation will be reduced over time to increase its price. This, in addition to its revolutionary meme coin model, is what makes $GFOX one of the best cryptocurrencies to invest in at the moment.&nbsp;
<h2 id="span-style-font-weight-400-closing-thoughts-span">Closing Thoughts</h2>
While the MicroStrategy purchase highlights Bitcoin as the top investment option, venture capitalists are also turning their attention to new meme coins like Galaxy Fox. Already, $GFOX has seen a 200% price increase to rally to $0.00198 per coin. However, crypto experts have forecasted gains of more than 100x when its platform launches.
Learn more about Galaxy Fox ($GFOX) here:
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=insidebitcoins&amp;utm_content=5" rel="noopener noreferrer nofollow">Visit Galaxy Fox Presale</a> |<a href="https://t.me/galaxyfoxtoken" rel="noopener noreferrer nofollow"> Join The Telegram Group</a> |<a href="https://twitter.com/GalaxyFoxToken" rel="noopener noreferrer nofollow"> Follow Galaxy Fox on Twitter</a>

MicroStrategy Buys $37 Million in $BTC as VC’s Eye New Memecoin

Table of Contents

Inside Bitcoins

Other articles published on Feb 14, 2024

Monero Price Hints Bearish Reversal! XMR Price to Record 10% Correction?

Uniswap Founder Alerts Crypto Community to New Impersonation Scam

Philippines’ central bank to launch a secure digital currency, bypassing blockchain

Bitcoin network prepares for a significant increase in its difficulty

Bitcoin Boom: 2024 Predictions Point to a Skyrocketing BTC Price Beyond $100,000

Top Crypto Analysts Struggle with Market Predictions

Join our free newsletter for daily crypto updates!