Bonk Flips Pepe as This New Memecoin Eyes $1 Million

New protocols upset the hierarchy every cycle. Investors who bet big on these underdogs join the class of crypto wealth. It happened in 2017, it happened in 2021, and it will happen in 2024. Get ahead of the trade and become a crypto whale this cycle!

But what are the best cryptocurrencies to buy to join the winning side? Two obvious contenders have established themselves: Bonk ($BONK) and Galaxy Fox ($GFOX). Bonk has flipped Pepe ($PEPE) in market cap, and this new memecoin eyes $1 million raised in funding. The bull market has started, and now is the time to bet big on the up-and-comers.

Bonk ($BONK) Flips Pepe

Bonk is the leading dog-themed memecoin on Solana ($SOL) and has finally flipped $PEPE in market cap. Launched to recapitalize the Solana ecosystem, Bonk adopted the distribution approach to kickstart its early growth. It airdropped tokens to Solana ecosystem participants, who then had a vested interest in $BONK's value increasing.

It has outperformed almost all other tokens on the market over the past two months, moving practically vertically. A top crypto to buy in 2023 for anyone who found it early. $BONK's success shows that speculative appetite is high, and more impressively, its rise kickstarted a Solana-native memecoin season.

Trading memecoins on Solana has become immensely popular due to the low cost of transactions, and thanks to Bonk, memecoins may never trade on Ethereum ($ETH) in the same way again. Bonk flipping Pepe marks the start of the new generation's takeover.

Betting on these underdogs will be one of the cycle's most profitable trades. And for those who missed $BONK, getting in early on Galaxy Fox is the best move. 

Galaxy Fox ($GFOX) Unprecedented Presale Growth

Galaxy Fox's presale has been moving at a frightening pace, and this play-to-earn/ memecoin hybrid looks ready to explode. Its runner game acts as the interest funnel to draw new users into this cosmic network, and the ecosystem built around it gives them a reason to stay.

The P2E model has always rewarded the most skilled players. Galaxy Fox maintains this by paying out prizes to the players at the top of the leaderboard at the end of each season. But it diverges from this model with Stargate – the protocol's staking hub. Stargate allows all token holders to earn and makes $GFOX one of the best cryptocurrencies to buy in the run-up to the 2024 bull market.

This staking module accrues 2% of all ecosystem transactions and distributes them to stakers. The novel mechanic of using buy and sell taxes to fund stakers instead of inflationary token emissions has piqued the curiosity of experts. They call $GFOX a top crypto to invest in because it is one of the first projects to provide native yield on a deflationary asset.

Galaxy Fox borrows its viral aesthetic and burn campaign from the memecoin genre and directs a portion of taxation revenue to the Treasury. The Treasury is responsible for funding community initiatives and marketing efforts. Implementing an aggressive marketing strategy is another methodology Galaxy Fox has borrowed from the memecoin genre and a massively underrated element of its growth strategy. 

Closing Thoughts: Take Risk Early

Most investors take the most risk at the peak of the bull market. This is incorrect. Investors should take the most risk at the beginning of the bull market. In this fashion, investors can generate oversized returns.

The 2024/2025 crypto season will be the last cycle before institutional money smooths out the volatility. The window to create life-changing returns is the next 12-18 months. Galaxy Fox has to be one of the best cryptocurrencies to buy for investors looking to 100X their net worth this cycle. Bet big now in the pre-bull market phase to become a whale in 2025!

Learn more about $GFOX here:

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