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Tron (TRX) could suffer after the HTX hack: is this presale a safer bet?

Recent headlines have been buzzing with concerns about the vulnerabilities of major players. The TRX community is facing a potential setback after the HTX Hack, leaving many investors uneasy about the security of their assets. 

This article delves into the implications of the HTX Hack and explores a potentially safer option for investment – Galaxy Fox, a new player with one of the best upcoming ICO campaigns.

TRX could suffer after major HTX hack

On November 22, the HTX and Heco cross-chain bridge, a protocol connecting an exchange and the Ethereum network, fell victim to a hacking incident, resulting in a staggering loss of over $116 million in crypto assets. This was the second major attack on HTX within three months, raising eyebrows within the crypto community.

Tron founder and HTX advisor Justin Sun publicized that the exchange would fully compensate affected users for their losses from the hack. This comes after a similar incident in late September, where assets worth $8 million were stolen from HTX, only to be returned after negotiations with the hacker.

Compounding the issue, another platform linked to Sun, Poloniex, was hacked in mid-November, with stolen funds amounting to a hefty $125 million. While the exchange couldn’t recover the stolen assets, Sun assured affected users that reimbursement for their losses would be facilitated through an airdrop.

In total, HTX, Heco Bridge, and Poloniex have collectively suffered losses of almost $250 million within a mere three months. Such security breaches are raising doubts among users about the safety of their assets on platforms associated with Justin Sun, including Tron (TRX).

Galaxy Fox: a much safer bet

Amid this crypto turmoil, Galaxy Fox emerges as a potential beacon of stability and innovation. Meme coins, once regarded as mere online jokes, have gained significant traction, and Galaxy Fox is positioned as a serious contender in this space.

This best upcoming ICO distinguishes itself as a full utility coin, drawing inspiration from successful meme coins like Dogecoin and Shiba Inu, as well as play-to-earn tokens like Axie Infinity. Offering multiple avenues for profit, including token ownership, staking, and participation in a web3 endless runner game, Galaxy Fox is capturing the attention of the crypto community.

Galaxy Fox has reached a milestone of $1M in its presale! Priced at $0.001122 per $GFOX, the presale is already in Stage 3, with over 1.2 billion tokens distributed to early investors. The community is buzzing with anticipation as the next stage looms on the horizon, promising a token price of $0.00132.

Galaxy Fox’s web3 runner game and NFTs

Galaxy Fox introduces a unique play-to-earn dynamic through its web3 runner game, providing players with opportunities to earn $GFOX tokens by showcasing their gaming prowess. Adding an extra layer of strategy, the game incorporates the coolest NFT assets, each with distinctive attributes that influence in-game performance.

Notably, Galaxy Fox plans to unleash a collection of 3,000 unique NFTs throughout its presale. These NFTs are available for minting on the Galaxy Fox website and tradable on OpenSea. They feature unique characters from the Galaxy Fox Ecosystem, adding a touch of collectible excitement to the best upcoming ICO space.

https://lh7-us.googleusercontent.com/0GmLAKG8v1cE7pdKlPKU_jUhzc1GEFlRFc1aMpsMb5KhonEv_pidwZ3ME99byoR5qlYtLWeUDsoI5skjd9q8OK_gGkUxCgiCrCn4pJGhAGLYuC8F0XRoYKGQm7su3jFRiO1rvKbLsTeNEDxPmpaLmGM

Conclusion

As the crypto community navigates through uncertainties, Galaxy Fox emerges as a good crypto to buy and a secure investment alternative for investors seeking stability and growth potential. With its innovative features, committed community, and ongoing presale, this project offers a fresh perspective on meme coins, blending utility with excitement.

To be part of this exciting journey, explore the Galaxy Fox presale on their website and join the community on Telegram. Galaxy Fox stands as a beacon of resilience and innovation, ready to redefine your crypto experience.

To learn more about $GFOX, visit Galaxy Fox Presale or join the community.

The post Tron (TRX) could suffer after the HTX hack: is this presale a safer bet? appeared first on CoinJournal.

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