The meme coin market has exploded, outperforming the rest of the crypto market, but Bitcoin’s rise past $63,000 has been the most talked-about event in the field. With a recent surge to an all-time high, the Trump-themed MAGA coin has become one of the best meme coins to buy.
With the US elections in September, MAGA is ready for even more victories in the upcoming weeks and months. On the other hand, cryptocurrency analysts anticipate greater increases than MAAG for Galaxy Fox ($GFOX), a new ICO crypto that has entered its ninth presale stage. Continue reading to learn why.
Trump-themed MAGA Coin Reaches ATH, as Elections Boost Price
The MAGA coin was created to honor the MAGA movement popularized by former president Donald Trump. In the past few weeks, several bullish factors have lined up, contributing to the recent surge of MAGA ($TRUMP) to a new all-time high.
First off, with Bitcoin’s recent and unprecedented price spike, the meme coin market has been seeing a tremendous uptrend. In an attempt to bolster MAGA’s bullish sentiment, Donald Trump recently warmed up to cryptocurrencies in an interview, stating he could live with Bitcoin.
His remarks accelerated MAGA coin’s upward trend, resulting in a 90% price increase over the previous week. One of the best meme coins to buy, $TRUMP experienced a price rise that led to a new all-time high of $7.78 on February 28.
After its hot streak, the price of MAGA has cooled off, retracing to the $6 range. However, many meme coin enthusiasts are optimistic that the uptrend will continue, especially with Donald Trump being a contestant in the upcoming elections.
Galaxy Fox ($GFOX) Poised for a Breakout in 2024
In addition to MAGA, Galaxy Fox ($GFOX) has emerged as one of the meme coins to buy. Outperforming the rest of the market, the price of $GFOX has surged by 300% to also set a new ATH at $0.002178.
Heading into the 2024 bull market, $GFOX has been picked as one of the best crypto coins to invest in because of its uniqueness. This presale project is building an ecosystem that could be the future of meme coins. While traditional meme coins are criticized for lacking utility, Galaxy Fox features a blockchain gaming ecosystem.
The Galaxy Fox ecosystem comprises a web3 runner game, some of the coolest NFT collections, a staking pool, a marketplace, and a merchandise store. In addition to the utility it offers, Galaxy Fox rewards its users for participating and their engagements in the ecosystem.
From the web3 runner game to the merchandise store, Galaxy Fox users can get rewarded with the native token of the platform, $GFOX. This ERC20 coin also brings improvement to the meme coin space with its improved tokenomics.
Galaxy Fox has gone with the deflationary model, with only 5 billion tokens minted. With over 2.8 billion already sold in its first 8 stages, the interest in Galaxy Fox is apparent. To go with its recent 300% price surge, many top experts believe $GFOX could lead the market with gains of up to 100x in 2024, making it one of the best meme coins to buy now.
Closing Thoughts
The recent uptrend of Maga, reinforced by the upcoming US elections, makes MAGA a good crypto to buy in 2024. However, Galaxy Fox offers even more as it prepares to lead the next generations of meme coins. The utility and earning opportunities Galaxy Fox creates contribute to making $GFOX one of the best meme coins to buy.
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
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