The emergence of meme coins like Shiba Inu took the crypto community by storm in 2021. The meme coin skyrocketed over 10,000% to an all-time high of $0.00008845.
But its recent price performance and lack of utility have pushed investors to more promising projects. One such project is Galaxy Fox ($GFOX), a play-to-earn token and meme coin with far greater utility. The presale project has sold out four stages and is now at stage 5, making it one of the best meme coins to buy and a contender for Top 3 meme coins in 2024.
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Shiba Inu Price Fluctuates As Whale Moves 4.2 Trillion $SHIB
Shiba Inu ($SHIB), the Dogecoin killer, has shown impressive price movements in the latter half of 2023. While the altcoin lost price gains in H1 2023, it began an upward movement in Q2 2023. The launch of its Shibarium L2 network and notable developments increased investors’ trust in the network.
With this positive momentum, $SHIB soared past the $0.00001 mark. Unfortunately, data from Whale Alert showed a huge transfer of 4,239,147,213,294 $SHIB coins on December 25th. $SHIB price, according to CoinGecko, is valued between $0.00001001 and $0.00001124.
Besides, a new prediction from crypto analyst Michael Van de Poppe has caused investors to shift their attention to gaming tokens like $GFOX. According to Michael Van de Poppe, gaming is going to be massive in the 2024 bull cycle. Many new projects like Galaxy Fox ($GFOX) in crypto presale have shown more potential to benefit from this than coins like $SHIB.
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Why Are Investors Flocking to the Galaxy Fox ($GFOX) Presale?
Galaxy Fox ($GFOX) is a meme coin and a play-to-earn project, blending fun with real-world utility. This unique combination positions it as one of the best crypto to buy now. Aiming to be among the top 10 altcoins, Galaxy Fox is developing an exciting Web3 runner play-to-earn game.
In this game, players will interact with other players while competing in tournaments and competitions. The great part is that players can earn $GFOX tokens based on their performance. Another feature that adds more excitement to the game is the Galaxy Fox NFTs.
These are some of the coolest NFTs available in the gaming sector. Why? Players can buy these NFTs and use them to improve their gaming experience. How can they do this? Each NFT comes with its own set of strengths and weaknesses, introducing a layer of strategy to the gameplay. Additionally, Galaxy Fox offers a staking reward system for its dedicated token holders.
With every transaction, 2% goes into the Galaxy Fox Stargate. This is a pool that rewards those who stake their ERC20 coin, $GFOX. Simply put, this system motivates people to hold their tokens. As a result, there is a steady flow of rewards within the community.
Another interesting aspect of Galaxy Fox is its token burn mechanism. This mechanism helps to decrease the number of tokens in circulation so as to increase scarcity and price. This positions $GFOX as one of the best meme coins to buy.
Closing Thoughts
While Shiba Inu is the second largest meme coin in the market, it does not have enough benefits and utilities like Galaxy Fox. So, why is the $GFOX token among the best meme coins to buy? Firstly, the token can be staked to receive rewards.
Secondly, it is the utility token of a play-to-earn Web3 runner game where players can earn rewards and other benefits. Its deflationary feature sets it up for more price increases in the future. Currently, $GFOX is valued at $0.001518. You can use Promo code “HOLIDAY15” to get a 15% bonus.
Learn more about Galaxy Fox ($GFOX) here:
Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter
Source: https://www.analyticsinsight.net/shib-alternative-gfox-looks-unstoppable-with-skyrocketing-presale/