In a bull market, dips are for buying. Powell left rates unchanged again, indicating that the rate hiking cycle is over. What comes after a rate hiking cycle? Rate cuts. And these will act as gasoline for cryptos. Cryptocurrency will fly as money flows out of treasuries and money markets into risk assets.
Speculative appetite is already red hot, and memecoin fever heats up as Dogecoin ($DOGE), Bonk ($BONK), and Galaxy Fox ($GFOX) continue to see big gains. Memecoins are the answer to what cryptos to buy now, and look ready to enjoy another leg up headed into Q1 2024.
Galaxy Fox ($GFOX) New P2E/ Meme Hybrid
Galaxy Fox breezes through its presale, selling out stage after stage, and the fast movers have already enjoyed two massive price surges. The protocol’s unique dynamic pricing mechanic increases the cost of $GFOX tokens in line with participation. When Stage 3 (already 85% complete) moves into Stage 4, all early holders see another 18% rise.
This new memecoin contender sets itself apart from its competitors in several aspects. It includes a classic runner game in its ecosystem where skilled players can earn real money. It offers staking rewards, unlocking passive income. The way Galaxy Fox funds its staking rewards via buy and sell taxes also favors early stakers explaining the massive rush to participate in this ICO early.
It boasts an NFT marketplace, a 3,000-strong NFT collection, real-world merchandise, a Treasury responsible for around-the-clock ecosystem development, and, like all memecoins, an aggressively deflationary nature.
This wild bonanza of a memecoin has been listed as one of the 10 cryptos to buy now before the 2024 bull market. Price predictions forecast 2,900% by the end of 2023, and the tiny market cap hints that $GFOX could easily 100X in 2024.
Dogecoin ($DOGE) Elon’s Satellite
Dogecoin is the crypto’s most famous meme project and a solid response for investors asking what cryptos to buy now for memecoin exposure. $DOGE is the oldest and, due to its prior success, possesses the largest market cap, which prevents it from posting astounding gains like it did in the past.
On the flip side, $DOGE has continued pumping for several reasons. First, investors recognize it, and retail investors will almost certainly purchase $DOGE before other memecoins. Second, it is listed on almost all centralized exchanges and is easy to access. And finally, Elon Musk is launching Doge-1.
Elon Musk will literally launch a satellite into space covered in the Dogecoin logo. Short term longs do not get much easier than that, and Dogecoin is a top crypto to buy before the satellite launch.
Bonk ($BONK) Flips Pepe
Bonk was Solana’s first memecoin to go mainstream and get a CEX listing. Coinbase listed $BONK, and in a period of several weeks, it has gone from an unknown liquidity pool to a token with a market cap of hundreds of millions of dollars. Bonk’s mission to recapitalize Solana has been a resounding success, creating a chain-native memecoin mania season.
Shooting past $PEPE made $BONK the third largest memecoin, and in crypto, success breeds success. Bonk’s journey has only just begun, and the real question is, can it usurp $SHIB or $DOGE? Unfortunately, the best time to buy $BONK was several weeks ago. Luckily, those who missed the early days can buy $GFOX while it is still in its presale!
Closing Thoughts: 100x Rallies Loading
A risk-on environment means that memecoins and small caps are the best options for investors who are serious about upgrading their net worth this cycle. In an up-only environment, investors want to hold micro-caps. What cryptos to buy now? The answer is obvious: micro-cap memecoins.
Galaxy Fox still has a sub-one million dollar market cap. P2E and memecoin projects reached multi-billion dollar valuations in 2021. Imagine what a hybrid can do in 2024. Participate in the presale today and guarantee becoming a winner next year.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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