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What exactly is Foxy?
Let’s discuss Foxy, the new kid on the memecoin block that’s been turning heads since it popped up in February 2024. This quirky fox on the coin has become quite the darling of the crypto community. And the buzz? It’s all about the airdrops! They’ve been dishing them out left and right to users.
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According to the Foxy team, the inspiration for the memecoin’s design came from the mascot of the MetaMask cryptocurrency wallet. Consequently, the project has also planned to airdrop to the top 100,000 users with the highest swap volume on MetaMask.
Foxy’s standout features
Foxy may be the newcomer but it is a young token that has proven its prowess in just two months of operation. Here’s why it’s turning heads:
- Foxy AI NFT: This campaign allows the consumers to create their own images associated with the brand ‘Foxy’ with the assistance of this unique AI technology. You can mint these images as NFTs to earn points, just like holders would for future airdrops if they happen.
- Airdrop Ambitions: Thus, Foxy has dedicated a staggering 25% of their total tokens to airdrops. Apart from this, Foxy AI NFT holders and MetaMask fans have the chance to get airdrops, and, to be eligible, they must be in the first 10,000 users to finish KYC on the OKX platform.
- The MetaMask Effect: Through the association with the charismatic character of a social media star with roots in the MetaMask’s logo – Foxy, the project organ had the benefit of a captive audience opening the path to engagement for various factions of the crypto community.
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How to buy Foxy token
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When buying Foxy, select from exchanges like KuCoin or CoinEx, based on your location and trading needs. Invest cautiously, only what you can afford to lose, as Foxy’s price is volatile. Currently, $100 can buy 3,980.127 FOXY, and experts have currently predicted that the foxy token price will rise to $0.033308 by June 14, 2024.
To lower the risk, diversify your investments and consider strategies like dollar-cost averaging for beginners or market analysis for experienced investors. Research the project thoroughly, noting that Foxy is below key SMAs but has a positive outlook according to some indicators. Continuing, set a buy order on the exchange, and remember that for safety, store Foxy in your hardware wallet. Track your investment’s performance frequently!
An explain of Dollar-Cost average method. Source: TabTrader
What’s the deal with Foxy tokens?
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The FOXY token is central to the Foxy ecosystem, boasting a total supply of 10 billion. As of April 9, 2024, Foxy has been listed for trading on OKX and Bybit exchanges, with spot trading kicking off at 3PM on April 12, 2024.
To participate in Foxy’s ecosystem, you’ll need the official Foxy token address. It’s crucial to use the correct address to ensure your transactions are secure and reach the intended destination. Always double-check the Foxy token address on the official Foxy website or trusted crypto platforms before making any transactions.
The token's price recently jumped by 16.4% to $0.02851, pushing its market capitalization to roughly $85.46 million, with a trading volume of $93.95 million, reflecting a 61.30% pick-up over the previous 24 hours. This growth coincides with KuCoin listing FOXY, a significant milestone for the meme coin. Additionally, Foxy has allocated 25% of its total supply for an airdrop, with 5% earmarked for MetaMask users, amounting to 500 million FOXY.
Foxy's price in 1 month
Stay tuned as Foxy continues to outfox the competition and carve out its niche in the ever-evolving crypto landscape. Whether you’re in it for the memes, the money, or the minting, Foxy is one coin that’s proving to be much more than just a pretty face. However, we want to remind investors that the price of the Foxy token might fluctuate greatly, so you need to pay attention to the risks. Please note that this article does not constitute investment, financial advice, or any other sort of advice and you should not treat any of the article's content as such.
Foxy is also strengthening the company’s presence in the crypto market with partnership agreements with OKX, Bybit, Linea, Archeron, Lynex and Skypuch. Firmly placed in this competition is a memecoin; Degen which tries to get an edge with its Layer 3 Degen Chain and Myro which was named after Solana Co-Founder’s dog. Furthermore Foxy is trying to become as bright as it can and it is an acceptable player in the constantly developing field of cryptocurrencies, it attracts people by its humor, by the possibilities of earning and using this currency and by the remarkable technologies behind all the process.
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