Just a few months ago, people could get up to 8/1 odds of Trump being re-elected. Now, he’s the clear favorite. As The Donald blasts his way through a national campaign and sweeps up caucus after caucus, Trump-based memecoins are up 124% daily. He is monopolizing attention, and memecoins molded in his likeness are exploding.
But while investors cash in on Trump coin mania, one unsung presale is gearing up to deliver what could be 2024’s best launch yet. Galaxy Fox ($GFOX) seeks 500X returns, and as well as being a market leader this year it is teaching a whole new generation of crypto users how to buy new crypto before listing.
Trump ($MAGA) Up 124% On the Daily
Trump is all over the nation and dominating the news cycle, giving speeches and monopolizing attention. Whenever his name is in the news, it funnels more attention to Trump ($MAGA). Every caucus win is a fresh wash of attention, and as the election year cranks up, it will be more of the same. But the bulk of this new speculation and the growing concept that Trump-related memecoins could be the best cryptocurrencies to buy this year comes from Mechanism Capital’s decision to take a prominent position in many of these assets.
Capitalizing on the Trump craze is smart, but the question is how much higher can these tokens go. $MAGA already has a $100 million+ market cap, and it will take serious capital to move this token meaningfully. It all comes back to market caps, and from an ROI perspective, investors are better off taking a shot on new ICOs and presales than buying into the $MAGA craze.
Galaxy Fox ($GFOX) Aims At 500X Returns
Galaxy Fox has to be one of the most ambitious projects currently on the market and analysts are expecting the native $GFOX token to 500X this year. It is definitely worth learning how to buy new crypto before listing to participate in this presale, and while memecoins are running hot, the upside potential of the price discovery phase is essentially unlimited.
The genius behind Galaxy Fox is twofold. First, it has a strong user acquisition model. It encourages new users to compete in the Web3 runner game, with those who finish the season in the top 20% receiving prizes. These users are incentivised to stay due to the staking program unlocking passive income for any $GFOX holder. The ecosystem additionally contains NFTs and an NFT marketplace, helping attract a wider audience.
Galaxy Fox’s second stroke of genius is its tokenomics model. 70% will be allocated to buyers throughout the presale. Taxes fund staking rewards, meaning no inflationary emissions, and the token burn permanently removes tokens from circulation.
Analysts forecast 500X potential believe $GFOX is a top crypto to buy now because of the incoming price squeeze. Demand for $GFOX will increase as staking rewards grow, the Web3 runner game becomes more popular, and the bull market develops. This increased demand will be chasing a much smaller supply of tokens, and there will only be one direction for the price to go- up.
Closing Thoughts: Memecoins & Market Caps
Market caps are everything for memecoin investors, and the chances of pulling a 100X on token with a $500,000 market cap is drastically higher than one with a $1 million market cap. When thinking in terms of ROI, presales- tokens yet to launch on the open market- are an investor’s best friend.
Learn how to buy new crypto before listing by joining the Galaxy Fox presale today. While everybody is late and chasing $MAGA returns, get ahead of the next trend. Wait for the TGE, stake, and watch the rewards flow in!
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