The crypto sector is maturing rapidly, and the quest to find the best meme coin to buy is increasingly difficult. This is due to the fact that meme coins look fun and attractive and have a name for bringing quick profits, but the volatility works both ways – as fast as they rise, they can also face sharp declines, wiping out beginner traders who panic-sell the bottom.
To identify the right gems, investors should thoroughly check the roadmap, tokenomics, community, and team of the project. Based on these criteria, Shiba Inu ($SHIB), the veteran market player, and Galaxy Fox ($GFOX), the new ICO crypto, take the status of the best meme coins to buy now. Let’s take a closer look at their recent performances to make the right decision.
Galaxy Fox Stage 4 is Selling Out: Is it the Best ICO Crypto?
Galaxy Fox has been on the market for only a few weeks, but its huge success has not gone unnoticed. This new gem has already grown over 130%, and its presale funds have surpassed $1.5 million. What drives it, though?
Firstly, Galaxy Fox offers an innovative and dynamic presale model. By dynamic, we mean the gradually increasing price structure, which offers minor price boosts to investors at the start of each new phase. So far, $GFOX has undergone four presale stages, and with six more to come, the rally of $GFOX is only starting.
Secondly, the ecosystem of Galaxy Fox is very attractive and, most importantly, rewarding. The project revolves around a classic Web3 runner game concept, where you can compete in marathons and secure profits every week. Specifically, Galaxy Fox dedicates the funds raised from the in-game asset purchases to community rewards, so whatever you purchase to boost your character and raise your competitiveness might get back to you multiplied.
The project also releases a fascinating NFT collection comprising 3,000 unique pieces. These artworks will feature the characters from the Galaxy Fox ecosystem and have tangible benefits inside the game. Also, these NFTs will be mintable and tradable, offering investors another source of passive income.
In addition, community members can benefit from the Galaxy Fox Stargate, a reward pool raised from the 2% transaction fee. This pool continuously expands and rewards investors who lock up their tokens and support the project’s long-term growth.
$GFOX is designed to be deflationary, which is supported by aggressive burning strategies. This way, the team guarantees the token’s scarcity and growth potential.
All these unique characteristics are just the tip of the iceberg but have already stirred massive hype around Galaxy Fox.
Presale stages sell out rapidly as investors rush to get $GFOX at the best possible price and lock in the highest profits once it launches. With six more presales ahead, the potential of ROI with $GFOX is massive, so get to know it better and don’t let the opportunity slip away.
Shibarium Burns 8B $SHIB: How Did the Market React?
$SHIB holds the status of the second largest meme coins on the market, and new developments around the project are usually met with quick price spikes.
Recently, the Shiba Inu team carried out another big, Shibarium-powered token burn. Shibburn reported that in a single move, they burned 8.61 billion $SHIB tokens. This recent burn marks the second major $SHIB token destruction using Shibarium, following the first one on December 4, 2023.
The excessive supply of $SHIB is a major challenge, so such burns are always well-received by the community. This latest burn positively impacted the market, with $SHIB’s price rising by 7% over the week. Looking at the yearly chart, $SHIB has increased about 23% in the past 12 months. While this growth doesn’t match $GFOX’s performance, it’s still a positive sign.
Continued aggressive burns like this could help $SHIB maintain its position as one of the best meme coins to buy now.
Final Remarks
The list of the best meme coins to buy now is always updated, and currently, Galaxy Fox takes the top spot. Its rich ecosystem, limited supply of only 5 billion, deflationary practices, and simple yet rewarding gaming concept are trending on the market now. Check $GFOX out today while it’s still in the early presale stages, before the price skyrockets and you miss out on the best opportunity to buy.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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