Memecoin mania is back in full-swing, but the game has changed. Dogecoin ($DOGE) and Shiba Inu ($SHIB) will be among the worst performers this cycle. Astute memecoin investors are targeting low-cap gems and projects launched in the past year.
Forget about tired old memecoins with thousands of holders waiting to dump on you. What crypto to buy right now? Look at the fresh talent. Pepe ($PEPE) explodes 80% as newer memecoins soak up the spotlight. Galaxy Fox ($GFOX) closes in on its retail launch- meet the $PEPE killer.
Pepe ($PEPE) Return of the Frog
Pepe has a fascinating backstory. Launched during the bear market and leading a strange boredom-driven rally, this frog-themed memecoin went from a liquidity pool established on Uniswap ($UNI) to a $1.5 billion market cap token. Easily a top crypto to buy in 2023, but how will it perform this year?
Up over 110% in the last seven days, $PEPE is taking no prisoners, and it is the leading project in the meme vertical on the Ethereum ($ETH) chain. Pepe has several advantages, notably the popularity of the Pepe meme and being listed on major centralized exchanges like MEXC and Binance.
This deflationary meme token has a solid trajectory, but the $PEPE’s most recent move is more interesting as a sentiment gauge. Already eclipsing a $1 billion market cap and experiencing heavy buy pressure, it is a sure sign that investors have a massive appetite for speculation- prime grounds for gigantic memecoin rallies. Welcome to meme mania V2, and you guessed it, the top cryptos to buy right now are all memecoins.
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Galaxy Fox ($GFOX): Meet the $PEPE Killer
Galaxy Fox shapes up to be the obvious answer to what crypto to buy right now. Things work cyclically in crypto, and while Pepe is the $DOGE & $SHIBA killer outperforming both, $GFOX is now the $PEPE killer and primed to outperform it this year. Galaxy Fox’s hybrid build is shaking up the memecoin space, and combining the P2E and memecoin genres has proven a hit with investors. Already raising over $3.6 million, there is nothing stopping this gem from taking off.
Introducing a new standard of entertainment and upside will see $GFOX surge past $PEPE. Its Web3 runner game is a global competition to end the season in the top 20% of the leaderboard. Anybody who does earns part of the prize pool, and NFT functionality has been integrated on top. Holders of NFTs unlock special in-game bonuses, and these assets can be freely traded on Galaxy Fox’s in-house secondary marketplace.
Tokenomics is where this memecoin shines, and it has taken deflation to a whole new level. The token burn aggressively removes tokens from circulation, and after launch, this supply will be down-only. Galaxy Fox uses taxes to fund payouts, meaning yield but with no inflationary pressure. And the protocol follows a Fair Launch presale, meaning distributed ownership. $PEPE simply cannot compete with this new hybrid model.
Closing Thoughts: $GFOX Launching Soon
What crypto to buy right now? Galaxy Fox is a shining example of a small-cap and asymmetrical bet that you want to be holding in the current market conditions. While ordinary investors are busy piling into $1 billion+ market cap tokens, smart money is bidding gems like $GFOX.
Did you miss $PEPE and its enormous rally earlier this year? Do not make the same mistake with $GFOX before it takes off. Participate in the presale today.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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