After Dogecoin skyrocketed into the top 10 altcoins back in 2021, meme coins have truly made their mark in the crypto market. Dogecoin's rise paved the way for others like $SHIB, $PEPE, and the newer one, $BONK, to grab the spotlight, too.
But one thing true about these meme coins is that they are very short-lived. They make a loud entrance to get the hype but fail to live up to it, eventually dropping to almost zero. The latest good example of this is $PEPE's surge and fall. While it quickly generated some massive returns for the investors, it also brought some losses, and currently, $PEPE is worth something around $0.0000013.
So, investors start to look at meme coins with long-lasting impacts on the market and stable, gradual growth patterns. And during this research, Galaxy Fox ($GFOX), a new ICO crypto, appears to be the most optimal choice. Let's review this new crypto gem and analyze how it outperforms $PEPE and some other best altcoins to buy.
Galaxy Fox is in the sixth phase of its presale, priced at $0.001749 per token. With most tokens for this stage already sold, the price might likely rise to $0.00198 very soon.
The strong interest in $GFOX's initial coin offering has made it a popular choice for crypto investors. Its presale model is tiered, includes ten separate stages, and at each, increases the $GFOX price slightly. This means that the earlier phase you enter, the higher your investment will grow. Ultimately, the launch price will reach $0.002904 and is believed to show an even more aggressive rally once it hits the exchanges.
Essentially, Galaxy Fox is a gaming project where players can earn rewards, adding a practical aspect to the meme coin category. It allows users to grow their investments by participating in games and contests, and the platform's fund rewards its most active and skillful users. More specifically, Galaxy Fox will hold gaming seasons every week, and at each competition, whoever ranks among the top 20% of the winners will be distributed a share of the prize pool rewards.
This new ICO crypto is also set to release a unique NFT collection of 3,000 pieces exclusive to $GFOX token holders. These NFTs will serve as boosters inside the game and give the players a competitive edge.
The utility of $GFOX does not end there, though. Galaxy Fox also encourages long-term holding with a Stargate pool. This is a reward pool for stakers and is constantly funded with transaction fees. Naturally, those who stake longer grab the biggest share from the pool.
And most importantly, Galaxy Fox is a hyper-deflationary meme coin, something that's not that common among meme coins. It means that besides actively burning tokens, the supply itself is also limited to 5 billion. Eventually, $GFOX will become more scarce, and its value will grow along with the demand.
The meme coin market is still young. Many new projects make the same mistakes as their 'ancestors,' while some learn on their mistakes. The new ICO crypto Galaxy Fox is a clear case of a project which realized that to succeed, even a meme coin needs utility, innovation, and serious development. And these efforts seem to be paying off, as the adoption rate of $GFOX is massive, and more and more investors are rushing in to grab this new gem at its lowest until it enters the next presale stage.
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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.