Search Inside Bitcoins

TradFi is Stacking $ETH as Retail Panics Over Security FUD — Don’t Fall For It; This Meme Is A Must for Your Portfolio

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Ethereum Price
Ethereum Price

Join Our Telegram channel to stay up to date on breaking news coverage

It is a tale as old as time. TradFi changes its opinion on an asset, FUDs it to death using the mainstream media, buys the panic, and then forces retail to buy back higher. The current dip is the last chance investors will get, and few understand the coming rollercoaster. The halving has been crypto’s core catalyst event every cycle, and a month after, a raft of Ethereum ($ETH) Spot ETFs will hit the market.

TradFi is stacking $ETH as retail panics over security FUD – don’t fall for it. The time to go long on $ETH is now, and the only better play is a beta play. Galaxy Fox ($GFOX) is the leading option- it trades directionally with a massive multiplier. This meme is a must for your portfolio. Here is why you cannot let FUD scare you and $GFOX is a top crypto to invest in.

Ethereum ($ETH): TradFi Buying FUD 

Fortune published a classic hit piece stating that the SEC is waging a campaign to classify Ethereum as a security. The article provided no details on its sources, reporting that the SEC had subpoenaed US companies for documents related to interactions with the Ethereum Foundation. This investigative probe began after the Merge, and one thing is clear – Gary does not like staking. 

Mainstream media is the world’s best counter indicator. News has become sensationalized, and outlets want clicks and reads. Informing has been replaced by entertainment and TradFi investors are loving it. Massive orders for $ETH are coming from institutional buyers as retail panics over the security FUD. Ethereum before the ETF launch is one of the best cryptocurrencies to buy and do not let panic scare you into selling.

BlackRock launched its on-chain fund putting $100 million on the Ethereum blockchain, and retail investors are selling over a news article. They will be forced to buy back higher- do not let this be you.

Galaxy Fox ($GFOX): 2024’s Leading $ETH Beta 

Galaxy Fox is listed as the top crypto to invest in this quarter, and with BlackRock’s deployment of an on-chain fund, the result of the ETF should be obvious. $ETH will pump this cycle, and small caps in its ecosystem will go ballistic; $GFOX is one of these beta plays.

With guaranteed capital inflows into $ETH later this year, now is the perfect time to start buying beta plays. Galaxy Fox is a hybrid memecoin that integrates a play-to-earn game and ownership unlocks exposure to three key areas: $ETH, GameFi growth, and memecoin growth. Buying this token in its presale while still heavily undervalued is easy money.

Its runner game is a global competition between players to end the season in the top 20%, and endless runners have been a classic ever since Temple Run. Now, users can earn money while playing, and Galaxy Fox’s NFT collection puts a whole new twist on the game. Holders gain special in-game bonuses, and the ability to trade these NFTs on the project’s secondary marketplace opens up more opportunities for flipping.

The tokenomics model includes staking rewards and a token burn, making this presale an ideal crypto for beginners who want to sit back and earn. No wonder it is listed among the top 5 cryptos to buy now pre-$ETH ETF. 

Closing Thoughts: Buckle Up

Smart money buys fear, and retail gets tricked into selling. The more things change, the more they stay the same. Do not let these targeted FUD pieces shake you out of your position before the mania phase begins.

$ETH is going to fly this cycle, and $ETH beta plays are going to be 2024’s big winners. Galaxy Fox is the top crypto to invest in before the Spot ETF approvals, and this GameFi/ memecoin hybrid looks ready to teleport into a multi-billion dollar project. Join this exciting presale today. 

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

Join Our Telegram channel to stay up to date on breaking news coverage

Read next