2023 is about to end on a very enthusiastic and volatile note for the crypto industry. Since November, the whole market has taken a sudden bullish turn, which is widely believed to intensify in the next year. During these trends, meme coins received their fair share of attention. In particular, people are interested in two meme coins to buy: Bonk ($BONK) and Galaxy Fox ($GFOX).
Recently, the price of Bonk has doubled, and Galaxy Fox is headed for its $1.5 million presale milestone. What are the causes, and what outcomes should we expect? Let’s observe.
$BONK Becomes The Third-Largest Meme Coin
The value of $BONK, a meme coin developed on the Solana platform, has increased significantly over the last week, almost tripling. The currency just reached a price of $0.000023, surpassing the daily trading volume of its competitors, $SHIB and $DOGE. This upsurge came after the largest crypto exchanges, Binance, Coinbase, and Crypto.com, declared they would support $BONK.
A few crucial elements contributed to Bonk’s rapid ascent. First, investors can now access and see Bonk much more quickly now that it is listed on big exchanges. These sites not only attract a sizable new user base, but they also give the coin legitimacy. In addition, Bonk is flourishing because of the market’s general increased interest in meme currencies. And finally, Solana’s recent success has played a role in Bonk’s popularity.
While the price of $BONK slightly dipped after the news, $BONK is currently the third-largest meme coin in the market.
Galaxy Fox ($GFOX) Ranks as The Best ICO Crypto of 2023
Galaxy Fox seems to be following the path of Bonk, currently showing impressive market growth. Currently, the funds raised in the presale are over $1.3 million, having sold almost 1.5 billion $GFOX tokens.
Play-to-earn games and creative NFT integration are two distinctive features of Galaxy Fox that have made it among the best meme coins to buy. Every week and month, the team hosts gaming seasons, where the winning players (top 20% on the leaderboard) get a 50% share of the prize pool. This pool is constantly funded with in-game asset purchases, allowing every community member to succeed and profit.
The project is even more appealing to investors because of its deflationary architecture, backed by staking and a token burn policy. 2% of each $GFOX trade is deducted to support the Stargate reward pool. This pool then rewards stakers and promotes long-term holding.
The ICO model attracts the current $GFOX investors the most. The presale is divided into ten stages, and each starts with a slightly increased price. So far, $GFOX has already doubled and will grow even further by the time of the launch.
The best part is that this growth is guaranteed and fixed, not dependent on external market movements. But of course, the current bullish trends promote intense buying pressure, with each new stage selling out in just a few days. This means $GFOX might reach its target price very quickly, so don’t let this opportunity slip. Get to know this new ICO crypto soon, as the earlier you join, the more you win in the end.
Summary
$BONK is currently facing some price swings as investors rush to cash out the profits generated from the recent listings and buzz. Besides, there’s not much utility in the Bonk coin ecosystem that would make them stay.
Meanwhile, $GFOX, with just as impressive growth, clearly shows the efforts of building a vast, ever-growing ecosystem where the longer you stay, the more you win. So, when choosing the best meme coins to buy, think twice, check the applications and performances, and make the right decisions.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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