$AVAX,$DOT and $ADA — Who Will Lead in 2024? Can This Coin Become King of the Memes?

Crypto investors looking for the best crypto to buy should consider $AVAX, $DOT, $ADA, as well as the buzzing meme coin $GFOX. Each of these altcoins has excellent potential, offering great potential returns for investors in 2024.

$GFOX Aims for King of Memes

The meme ecosystem is home to numerous meme coins, with $DOGE and $SHIB being the most prominent. But however prominent they are, new-generation meme coins like $PEPE, $BONK, and $SNEK have shown far better profitability in recent months, and $GFOX is likely to join them. However, the latest fox-themed token isn't just about quick profits – it's also about prominence and utility.

Galaxy Fox will achieve this by being an indispensable token in the Web3 space. The budding token is designed to benefit many dApps in this space, improving its chances of being widely adopted. $GFOX will transcend beyond being an ecosystem token to a universally functional one in a whole sector. This will enhance the meme coin's chances of being as prominent as $DOGE or $SHIB.

Although it may take time before $GFOX can reach $DOGE's market value, the new meme coin could potentially topple it in the long run. Galaxy Fox's utility in another thriving sector (GameFi) also increases its chances of dominating the meme ecosystem. The top ERC-20 token looks primed for a profit-yielding post-launch run, making its presale a must-join. Savvy investors who desire great profit can join the $GFOX presale now and benefit from its potential boom in the long run.

$AVAX Eyes Value-increasing Run In the Coming Months

$AVAX is a prominent Defi token with excellent prospects. It is the native currency for Avalanche – the decentralized platform for building dApps and custom blockchain networks. Avalanche is one of Ethereum's prominent rivals in terms of efficiency. It boasts higher throughput than the prominent network, making it one of the most adopted.

Although $AVAX can compare with $ETH in terms of market cap or trading value, it's not far off when it comes to prominence. $AVAX had over 240% gain in 2023; about 34% percent of it came in the previous month when it set a $49+ year-high. However, the current market conditions have affected the $AVAX rally, and it's now changing hands around $35.11. Analysts expect $AVAX to retest the $50 price zone soon, and it could be among the best cryptos to buy currently.

$DOT Targets Impressive Q1 Performance Despite Gloomy Market Condition

The crypto market isn't at its optimal condition yet. General market capitalization is down by about $70 billion, and the early day's struggle is affecting most cryptocurrencies. However, $DOT remains one of the few altcoins displaying low volatility. The cryptocurrency has defended its $7+ price zone for long despite heavy sell pressure.

$DOT target is to surge towards $20 before Q1 ends. However, the strong resistance it is facing around $9 is greater than its momentum. The altcoin's support around $7 is equally strong, but experts do not recommend $DOT for investors looking to turn around their liquidity for profit quickly. The altcoin's run is gradual but could end up as profit in the long run.

$DOT is among the best crypto to buy now due to its low volatility, prominence, and high adoption. The altcoin trades at $7.26 but could rally drastically beyond the price zone if the market improves.

Can $ADA Experience An Exciting Price Increase?

$ADA is another top altcoin with low volatility amidst the unpleasant market state. The high-ranking cryptocurrency with an 18.5 billion market cap has been hovering around the same price zone for months. Its highest price level in the last 52 weeks is $0.68, while it currently trades at $0.52, after a 13% decrease over the last seven days. Analysts believe $ADA can still rise toward the $0.60, but breaking out of this zone has been difficult for the top altcoin. With the market billed to improve in the coming months, $ADA could achieve a break out soon and rally towards $1. It's another top altcoin that could yield tangible profit.

Conclusion

$AVAX, $ADA, and $DOT are all prominent cryptocurrencies with promising prospects. While the market condition is affecting their performance currently, any of them could still pass as the best crypto to buy now due to their profit potential. Market analysts expect them to have a great 2024. $GFOX is also tipped for a great post-presale performance in the coin market, and the meme coin could live up to the billing.