Fantom drives altcoin surge; Near Protocol targets $10 with GFOX meme coin spiking 30%

Exciting news in the cryptocurrency market today! The latest CPI report revealing US inflation at 3.4% has caused a surge in prices. Bitcoin jumped by 7% to $66k, and altcoins like Fantom (FTM) soared by nearly 30%.

Not just Bitcoin, AI coins like Near Protocol (NEAR) also saw a positive reaction, with NEAR rising by 17% today. Even low-cap meme coins like Galaxy Fox (GFOX) saw a significant increase of 33%. Let’s dive into the details…

Fantom (FTM) price surge

FTM price is now at $0.81 after a 26% increase today. According to Coinpedia’s analysis, FTM is showing a strong bullish reversal. This surge suggests that FTM is on track to exceed the $1 mark.

The spike in Bitcoin’s price has benefitted Fantom, with the current momentum indicating a potential push towards $1.85. The breakout rally seems imminent!

The increased trading volume confirms the ongoing surge, backed by strong bullish sentiment among traders. The positive trend suggests that FTM might soon cross the $1 mark and aim for $1.85. Get ready for potential gains!

Near Protocol (NEAR) on the rise

NEAR is currently priced at $8 after a 17% jump today. The analysis indicates a promising uptrend, fueled by market optimism. The rising channel pattern on the daily chart shows a stable uptrend for NEAR.

The surge in Bitcoin’s price has further boosted NEAR’s momentum, with the price aiming to break above $8. The increasing trading volume hints at a potential breakout rally for NEAR.

Fantom leads altcoin rally; Near Protocol eyes $10 as GFOX meme coin pumps 30% - 2

The RSI and ADX indicators point to a strengthening bull run for NEAR. Technical analysis suggests a potential rise to $16, with interim stops at $10 and $12. Stay tuned for more gains!

Galaxy Fox (GFOX) takes off

Galaxy Fox meme coin experienced a remarkable 33% surge in the last 24 hours, driven by positive market conditions. Launched on Uniswap and Dextools in April, GFOX has shown exciting price movements recently.

With a low market cap of around $600k and a fixed max supply, GFOX is gaining attention. The integration of a web3 runner game offers players a chance to earn GFOX tokens based on their in-game performance.

Fantom leads altcoin rally; Near Protocol eyes $10 as GFOX meme coin pumps 30% - 3

The game rewards top performers with GFOX tokens, creating an engaging reward system. Players can also purchase unique NFT assets for in-game boosts. The blend of meme coin culture with blockchain gaming is an innovative approach in the crypto space.

In Summary

Exciting developments in the crypto market! Fantom (FTM) and Near Protocol (NEAR) are on a bullish trajectory, while Galaxy Fox (GFOX) is making waves with its unique gaming integration. Stay updated on these projects and join the community for more insights!

For more information, check out the GalaxyFox presale website or connect with the community

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