Excitement remains high from $WIF, $PEPE, and $FLOKI investors, despite the recent market pull-back that saw memes tank by over 20% in a day. Early buyers still enjoyed explosive returns on their investments, with weekly charts closing on triple-digit gains. Yet the real hype has centered on a new, innovative token called $GFOX which has been performing impressively since the start of its presales. The $GFOX token is poised to outperform most other altcoins by the time it launches on exchange platforms. Let’s take a look at why.
On March 5, Binance listed Dogwifhat ($WIF) on its trading platform. However, due to its high volatility, the exchange attached a Seed Tag to warn investors to trade it with caution.
Before the listing, $WIF had already gained massively by soaring above 680% between February 7 and March 4, when its price moved from $0.17 to $1.33. When it was launched on Binance, $WIF rallied further by approximately 4.5% within 24 hours.
On January 16, 2024, SpotOnChain, a platform that tracks cryptocurrency transactions, tracked a huge purchase of $PEPE tokens worth about $1.19 million. Seven weeks later, the $PEPE tokens were sold at a whopping $6.847 million, representing a whopping $5.66 million profit, which is about 475% ROI.
$PEPE has been rallying for over a month, increasing in value by over 1000%, as it climbed from $0.0000008887 to $0.00000858. Although $PEPE currently trades around $0.00000780, experts are still optimistic that it will soon continue its uptrend as it is currently consolidating for another bullish impulse.
$FLOKI is also one of the memecoins trending up lately. Its price went up by 300% in a week and approximately 430% within a month. This rally has brought about a strong sense of optimism among experts and investors, and as a result, they expect it to soar higher from its current price of $0.0001171 to $0.000127 in a few weeks.
One of the factors driving the price of $FLOKI upwards is the decision of the cryptocurrency to permanently remove over 190 billion $FLOKI tokens from circulation through a burning mechanism. Reducing such a significant amount of $FLOKI tokens from circulation will make it scarce, thereby increasing its value.
While finding a coin that can skyrocket in value by 100 folds can be very unlikely, sentiments of such happening to Galaxy Fox, a full-utility meme coin, still exist among investors. This is why experts firmly believe the coin will outperform top memetokens like $WIF, $FLOKI, and $PEPE despite their groundbreaking price gains in recent weeks.
Galaxy Fox offers an exciting web3-based game that rewards top participants with in-game currencies, exchangeable for $GFOX tokens at the end of each season. The game also allows players to purchase in-game items, and 50% of the funds obtained from those purchases are part of the top participants’ rewards.
Galaxy Fox also has a central reward-distributing hub called Galaxy Fox Stargate. Investors can access a share of these rewards by staking their $GFOX tokens. Apart from incentivizing investors through their staking activity, the hub also provides funds to replenish the ecosystem.
$GFOX is currently selling for $0.002178 at its presale stage 8 and it is set to increase further by approximately 10% by the time it progresses to stage 9 in the next few days. Interestingly, when the token fully launches, an intriguing feature called ‘token burn’ is expected to be implemented which will make the value of $GFOX soar by reducing its circulating supply as demand increases.
Due to their recent incredible gains, investing in tokens like $WIF, $PEPE, and $FLOKI is arguably a great decision – albeit a highly risky one. Yet because $GFOX is still in presale, several crypto analysts are of the opinion that the token has more potential to rise in value faster and greater than other memetokens.
Looking for the best crypto to buy now? Visit the website and buy $GFOX tokens today to get a 15% discount. Also join the community on telegram for more updates.
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