Carl Erik Rinsch, a Netflix director who bet big on one Dogecoin ($DOGE), could have his eyes on Galaxy Fox ($GFOX), hoping to repeat his brazen investment. This Netflix Director put part of his series’ budget into $DOGE and made a staggering $27 million.
But why the focus on Galaxy Fox? Carl Erik Rinsch made his bet in 2020- when $DOGE was still a small-cap. To repeat the success the director needs another small-cap primed to explode. This is where Galaxy Fox enters the picture. Could it be the top crypto to buy in 2023?
Galaxy Fox ($GFOX) Ready to Topple $DOGE?
Galaxy Fox recently opened its ICO and already raised over a quarter of a million dollars. It has built momentum faster than other projects going to market, and now experts are paying attention. This play-to-earn token could be the golden ticket to a 100X portfolio this bull run.
Built around a classic runner game reminiscent of Temple Run, this protocol rewards the top players each season. $GFOX token holders can stake their tokens to earn residual income. This automated earning process makes $GFOX a great crypto for beginners and unlocks an excellent way to build wealth throughout the bear market.
Galaxy Fox additionally includes deflationary tokenomics, an NFT marketplace, and incredibly viral cosmic characters, which will be essential to pump its market cap. The protocol Treasury also reserves and accrues funds to be used in marketing campaigns- one of the best drivers of success for memecoin projects.
But how can $GFOX overtake $DOGE, and why is it being called the top crypto to buy in 2023? The answer is simple. Galaxy Fox takes the basic elements of success from the memecoin genre, employs a more sophisticated tokenomics model, and launches a Web3 game, making it a memecoin/ GameFi crossover.
Price predictions predict a huge upside surpassing 5,000% by the end of 2023, and $GFOX will be hot on the heels of Dogecoin headed into 2024.
Netflix Director Makes $27 Million on Dogecoin ($DOGE)
The incredible story of Carl Erik Rinsch- director of the Netflix series Conquest- and his massive bet on Dogecoin. This director took $11 million from the budget and began buying up options on the S&P 500 losing close to $6 million over the course of several weeks.
Carl Erik Rinsch had $4 million left and decided to go big on $DOGE. At the time this took place, 2020, Dogecoin was easily one of the best cryptocurrencies to buy. When he finally sold, this Netflix director had more than 6X his initial investment and walked away with a cool $27 million.
However, according to findings that have come to light during divorce proceedings, Carl Erik Rinsch spent much of this money on luxury goods. Is this why this Netflix director searches for the next hidden gem?
Closing Thoughts: New Cycle New Market-Leaders
Dogecoin dominated the memecoin market last cycle. Still, as seasoned investors have seen repeatedly, each cycle brings a new cohort of protocols and tokens that replace the previous cycle leaders. And $GFOX is gunning for the throne in 2024.
Galaxy Fox’s huge upgrade to tokenomics and streamlined organization to optimize ecosystem growth put it leagues ahead of other projects. Its early success in its ICO finding speaks for itself. Participate in the presale today and discover why analysts are calling $GFOX the top crypto to buy in 2023.
Learn more about $GFOX here:
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