Remember Bonk – the Solana meme coin that dipped into obscurity after a hot start in the beginning of the year? Well, it’s back with a vengeance, surging 11% in terms of trading volume in a single day. Galaxy Fox. Its presale is cruising toward an impressive $400K. Let’s take a closer look at these two projects.
What you'll learn 👉
Bonk Increases Trading Volume by 11%
October saw Bonk making a U-turn from its downtrend, soaring from $0.00000019 to $0.000000768 by the beginning of November – a whopping 300% surge. On November 20, Bonk hit an all-time high of $0.00000539, boasting a jaw-dropping 1,700% increase from its lowest point.
But what’s got everyone buzzing is the surge in Bonk’s trading volume — a staggering $100 million on November 21, marking an almost 11% daily increase. This surge not only screams renewed interest but also suggests that Bonk’s rally is built on some rock-solid fundamentals. While some of the best cheap crypto to buy right now are struggling to keep pace,
Bonk’s pump makes sense considering that Solana, the blockchain backing Bonk, is on fire with a 400% price increase this year. The positive vibes from Solana seem to be rubbing off on Bonk and its crypto buddies, adding an extra layer of intrigue to this meme coin’s stellar performance.
Now that we’ve had our fill of Bonk’s exhilarating ride, let’s switch gears to another exciting player in the memecoin/P2E market.
Galaxy Fox is Unstoppable as Presale Turns Heads
Cue the spotlight on Galaxy Fox, a play-to-earn (P2E) project that’s not just playing the game but rewriting the rules. It’s not every day you find a crypto rocketing towards $400K in its ICO in only a few short weeks since its debut.
What sets Galaxy Fox apart is its deflationary tokenomics, staking rewards, proactive growth strategy, and a refreshing absence of bearish vibes. The ongoing burn is turning $GFOX into a scarce commodity, driving up its value. And here’s the kicker — staking rewards are paid out through taxation, not emissions, securing even more value for holders.
Galaxy Fox’s Treasury is taking a novel approach, accumulating 2% of all buy and sell taxes to fuel ongoing ecosystem expansion. In a bull market, a robust marketing budget is worth its weight in gold, and Galaxy Fox is strapped in for the ride, ready to draw in new users to its cosmic ecosystem.
Compared to many other projects facing bearish flows, Galaxy Fox’s holder base consists of new buyers hungry for a 100X ROI and looking for the best NFTs to buy.
Conclusion
The bottom line: Bonk’s big bounce and Galaxy Fox’s rocket-fueled journey make this a thrilling time in the crypto game. Opportunities abound in this current accumulation phase. $GFOX fulfills an interesting niche in the blockchain ecosystem that could really take off in the memecoin/P2E market, especially in the feeding frenzy of a bull market that loves new start-up projects. So stay tuned for what’s to come!
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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