What cryptos to buy now as markets shake out weak hands and liquidate overleveraged traders? Volatility has always been part and parcel of the game, but the recent chop is brutal even by crypto's standards. One day, everything is green, and then the next, it is a sea of red.
Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) rekt as Galaxy Fox ($GFOX) rallies above $3 million. Memecoins were not created equal, and the flood of capital to new projects cannot be ignored. Anybody holding these dinosaurs from the last cycle needs to think about repositioning.
The old generation of memecoins is getting chopped up and spit out in the current conditions. Memecoins operate in the attention economy, and investor fatigue is a real danger. Dogecoin and Shib Inu are the true thoroughbreds from the last cycle, and holders are waking up to their bloated market caps preventing any meaningful returns. Pepe has lost huge amounts of liquidity to new projects launching on Solana ($SOL) and the top cryptos to buy right now are projects launched this cycle.
Doge's $11 billion market cap, Shiba Inu's $5 billion market cap, and Pepe's $300 million market cap are massive obstacles to future growth. Not to mention all the holders facing unrealized losses that will dampen any rally selling into pumps.
Crypto is constantly evolving, and investors must adjust accordingly or get left behind. Sure, these tokens can probably still pull off a 2X, but for those high-octane returns that make memecoins exciting, new projects like Galaxy Fox are the best cryptocurrencies to buy.
Galaxy Fox is becoming the default answer to what cryptos to buy now amongst the ongoing carnage. $GFOX has continued posting gains throughout its presale, and with Stage 7 already 96% sold out, investors can look forward to another 15% price increase soon. A new cycle means new leaders, and Galaxy Fox is gunning for the crown.
It takes the classic memecoin model and integrates a new tokenomics model and a play-to-earn component. It has all the upside that memecoins investors love and balances it with an entertainment angle that will draw in GameFi enthusiasts. The token burn guarantees a deflationary nature, and $GFOX takes this one step further, employing a taxation system that funds staking rewards.
$GFOX holders are earning yield on a deflationary asset when they stake their tokens in the Stargate module, and on top of this, they can compete in the Web3 runner game. At the end of each season, Galaxy Fox distributes prizes to the top 20% of the leaderboard, and the NFT integration on top of this game unlocks special in-game bonuses for NFT holders.
Additionally featuring a line of real-world merchandise, a growth-orientated Treasury, and an in-house NFT marketplace, this up-and-comer has everything it needs to print 100X returns this cycle.
In every cycle, the market leaders change, and underdogs replace the established hierarchy. It goes without saying that investors who back these up-and-comers early make away like bandits. Memecoins are no exception; this cycle, expect new challengers to replace $DOGE, $SHIB, and $PEPE.
Anybody asking what cryptos to buy now has an easy answer in $GFOX. This upstart takes the best features of the past generation and blends them with one of this cycle's hottest trends (GameFi) to deliver a hybrid model packed with upside potential. Participate in the presale and add a 100X gem to your portfolio today.
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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.