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In the last 30 days, Near Protocol (NEAR) has been trending higher, reaching $2.04, rising in sync with Bitcoin (BTC). Meanwhile, Galaxy Fox (GFOX), a meme coin project, is in stage 3 of its presale . What is Galaxy Fox? Galaxy Fox is a new meme coin project aiming to establish itself alongside established players like Dogecoin, Shiba Inu, and PepeCoin, as well as play-to-earn (P2E) projects like Sandbox and Axie Infinity. In stage 3 of the presale , the project has sold over 70% of GFOX, raising n early $500,000.  GFOX holders can access the web3 game, providing an opportunity to play and earn. Here, the objective is to enhance gaming skills and secure a top 20% position on the leaderboard. You might also like: Holders of Dogecoin’s rival, Galaxy Fox, are bullish To gain an edge in gameplay, users can purchase GFOX NFTs or utilize temporary attribute boosters to boost strength, agility, and speed. After each gaming season, rewards are distributed as in-game asset...

The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ventures told Cointelegraph, in an email, that the new fund would focus on early stage founders , but would offer support throughout the venture: “Kraken Ventures' (KV) next fund will double down on our existing thesis and continue to support founders through their full journey from initial capital to IPO.” This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced December 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline. Gath also mentioned that Kraken Ventures believes that “smaller ...