Markets look ripe for another memecoin season but which projects will lead this surge? On-chain data paints a fascinating picture, and increasingly, investors are following the mantra of out with the old and in with the new. Memecoins from the last cycle are being ditched in favor of projects released this cycle, and in 2024, there will be an entirely new class of leaders in the meme vertical.
Learning how to buy new crypto before listing massively increases the odds of an investor hitting one of those gems early and is an indispensable bull market skill. Existing memecoins simply cannot compete with the upside available in presales- an ICO entry is the point of maximal financial opportunity. This is why Galaxy Fox ($GFOX) is a better 2024 investment than both Dogecoin ($DOGE) and Shiba Inu ($SHIB).
Dogecoin was the first commercially successful memecoin and, at one point, was even ranked among the top ten cryptocurrencies. Despite falling to 11th place, it still has a market cap in excess of $12 billion. Shiba Inu was branded as the DogecoinKiller and enjoyed a massive rally as investors bet on the underdog. But $SHIB is no longer an underdog with a market cap of $5.8 billion.
$DOGE and $SHIB are victims of their own success, and with bloated market caps and thousands of investors facing unrealized losses, they are not tokens investors want to hold entering the bull market. Regarding upside potential, the market cap is king, and the sheer amount of capital it would take to move these tokens is mind-boggling. Investors active in the space are already taking action, and both are losing liquidity fast.
Galaxy Fox is roaring through its presale and, from a returns perspective, will outpace both $DOGE and $SHIB. Learning how to buy new crypto before listing and participating in the $GFOX presale today is the same as buying $DOGE or $SHIB in early 2021. Still yet to undergo its growth phase, investors should be betting big on the underdog now.
One protocol-level advantage Galaxy Fox has over its rivals is its P2E component. The protocol has integrated an addictive runner game, and every season, the top-ranked players win prizes. This locates $GFOX in the GameFi and memecoin narratives and provides a perfect user acquisition model. New users enter the ecosystem wanting to test their skills and earn real cash.
Galaxy Fox's tokenomics model also improves on the past generation- one of the underrated advantages of new launches is that teams have more resources available. The token burn ensures a deflationary nature, the majority of tokens allocated via presale guarantees distributed ownership, and the novel implementation of taxes allows staking rewards without net inflation. In simple terms, $GFOX stakers are earning native yield on a deflationary asset!
Presale momentum shows investors have a massive appetite to take risks, and in these conditions, risk-taking pays big dividends. $GFOX is undoubtedly one of the top cryptos to buy right now and is ready to blow past $DOGE and $SHIB in the coming months.
When picking winners that can 100X this cycle, ICOs are every investor's best friend. The importance of learning how to buy new crypto before listing cannot be overstated, and Galaxy Fox is an excellent place for those who have never taken part in a presale.
Participate in 2024's hottest ICO, and grab your allocation on $GFOX today. Get ready to outperform $DOGE and $SHIB holders this year!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.