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Investors Dogpile Into Dogecoin and Galaxy Fox for End-of-Year Crypto Surge
As 2023 comes to an end, investors are piling into $DOGE and $GFOX for a massive end-of-year crypto surge. So, why these two? The upcoming DOGE-1 moon mission, a SpaceX project fully funded by $DOGE, drives the excitement surrounding Dogecoin. Meanwhile, Galaxy Fox ($GFOX), a more recent arrival on the market, gained major interest after raising over $400k in a few short weeks.
These remarkable achievements have not gone unnoticed, and investors have started to look at these two as the best meme coins to buy now.
What Makes $GFOX the Best ICO Crypto of 2023?
Galaxy Fox is quickly becoming very popular on the market with its rewarding and exciting platform that blends gaming, DeFi, staking, and NFTs.
This new ERC20 coin powers a Web3 running game where users can compete with each other and gain tangible rewards. Each gaming season, which will be held weekly and monthly, the top 20% of players will receive a share of the prize pool. This pool, raised with the in-game purchases, also funds the treasury and supports long-term project growth.
An essential component of the Galaxy Fox ecosystem is staking. This program is powered by 2% of all transaction fees, which are collected in the Galaxy Fox Stargate reward pool. This setup, which rewards investors who lock up their $GFOX tokens, supports long-term holding and gives $GFOX a great competitive edge among the best meme coins to buy now.
A clever tax structure supports the further sustainability of the token. Besides the mentioned 2% staking pool fee, another 4% is deducted from each $GFOX sale/purchase, supporting liquidity pool and treasury. This approach guarantees a steady stream of capital for future expansion and discourages investors from selling.
One of the most notable aspects of Galaxy Fox is its presale, whose phased approach indicates a guaranteed 450% growth by the end. The presale will include ten separate stages, each will start at a higher price and, in the end, will reward the earliest backers with the highest rewards. Apart from this, the whole ICO phase will be packed with bonuses and giveaways, so the chances to profit with $GFOX are truly massive.
The project has just entered the second presale phase, but many expect quick sellouts, considering the intensive buying pressure and adoption rate. So, ensure you join in early and benefit from all these opportunities.
Is $DOGE Rebounding?
In May 2021, SpaceX founder Elon Musk, in collaboration with Geometric Energy Corporation, first announced the DOGE-1 mission, which aims to broadcast advertisements from space. The plan was to integrate it into an Intuitive Machines ridesharing mission. According to the latest news, NTIA has finally approved the projects X-Band frequency.
This development, considering the DOGE-1 Satellite being fully funded by $DOGE, has already positively impacted the cryptocurrency's performance.
It's important to keep an open mind on Dogecoin, though. While such events can cause some short price boosts, $DOGEs long-term growth is always a topic of debate. This is because $DOGE is inflationary and lacks in-house developments, which have always been, and most likely will be, the main reasons for its volatility and sharp declines.
Summary
Finding the best meme coins to buy now is a tricky task. Yet, looking at the market direction and trends can help a lot. $DOGE seems to rebound finally, but the hype might be short-lived. Meanwhile, Galaxy Fox is becoming a fascinating new player, with an ecosystem built for long-term success and consistent financial returns. So dont miss out on this exciting newcomer with insane profit potential. Check out their presale today to cash in on the biggest rewards.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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View source version on newsdirect.com: https://newsdirect.com/news/investors-dogpile-into-dogecoin-and-galaxy-fox-for-end-of-year-crypto-surge-994422814
RoundHouse Media
COMTEX_444441881/2655/2023-12-04T13:00:46
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Smart Herald journalist was involved in the writing and production of this article.