Memecoins have built a reputation of minting crypto millionaires every bull cycle. As we enter another bull cycle, investors are once again looking for the best meme coins to buy.
Dogecoin ($DOGE), Pepe ($PEPE), Floki ($FLOKI), and Galaxy Fox ($GFOX) are among the hottest meme coins to buy right now. But which of these meme coins can make you rich faster? Let’s see what the crypto experts think.
What you'll learn 👉
How Will Dogecoin ($DOGE) Perform?
Although Dogecoin ($DOGE) started off slowly in 2023, its momentum has increased in recent weeks. Since October, the $DOGE has surged by more than 64%. In the current bull market, can Dogecoin make you wealthy?
So far, the most bullish forecast for Dogecoin has been a price target of $1 — roughly 10x current prices. Yet it’s been predicted to be a slow process, not reaching its target until 2025. One of the most serious criticisms of $DOGE is its unlimited supply. While it was once one of the best altcoins, the chances of Dogecoin making you rich in the current bull cycle appear to be quite limited.
How Will Pepe ($PEPE) Perform?
Pepe ($PEPE) exploded as the first frog-themed meme coin in early 2023. After its market valuation surpassed $1 billion, $PEPE became one of the best meme coins to buy in 2023. However, the meme coin has dropped precipitously since its ATH in May.
$PEPE is trading at 65% down from its all-time high in 2023. While Pepe would surely profit from this bull cycles, investors are no longer as enthusiastic about the meme coin. Pepe is not the ERC20 token to make you rich in this bull cycle, with low use and falling community participation.
What’s the Outlook for Shiba Inu ($SHIB)?
Like $DOGE, Shiba Inu ($SHIB) began the year poorly but has picked up bullish momentum along the way. The price of $SHIB has jumped by more than 44% on the 60-day chart to reclaim the $0.0000100 resistance by mid-December.
Many experts have predicted that the price of Shiba Inu will continue to increase deep into the bull cycle. $SHIB has been ranked as a top crypto to buy because of the increasing number of projects introduced to Shiba Inu. These projects have been projected to help $SHIB delete another zero.
Will Galaxy Fox ($GFOX) Out-Perform Them All?
Galaxy Fox ($GFOX) has been singled out by market experts as the likely next big thing for the bull run. The project has addressed several main issues that have slowed the growth rate of meme coins. Galaxy Fox has launched with utility, something lacking in the other three meme coins, making it the best new crypto to buy for the bull market.
The project has created a blockchain gaming ecosystem while also serving as a meme coin. A play-to-earn game, some of the coolest NFTs, an NFT marketplace, and a merchandise store are all part of the Galaxy Fox ecosystem. The project is designed to be profitable, rewarding users for participating in the game and other parts of the ecosystem.
Galaxy Fox has also solved the tokenomics challenges that have limited the price growth of $DOGE and $SHIB. While Dogecoin has unlimited supply and Shiba Inu has 589 trillion, $GFOX has only 5 billion. This limited quantity and token burn give it great upside potential. In the crypto presale, you can snap up $GFOX for only $0.001122 per token.
In this bull cycle, $GFOX looks better positioned for major gains than $DOGE, $SHIB, and $PEPE. Analysts have predicted that the utility in the ecosystem could spark a significant 100x price jump. This makes $GFOX the best meme coins to buy to get rich in this bull market.
Learn more about Galaxy Fox ($GFOX) here:
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