Markets shook off the DOJ’s enforcement against Binance, officially concluding the bear market. BlackRock and other TradFi firms are slowly wrestling market share away from crypto-native enterprises as they barge into crypto. But the upside for investors is that institutional flows will send their net worth soaring.
The Bitcoin ($BTC) Spot ETF drives the market, with the approval only several weeks away. This telegraphed fund injection has to be one of the easiest trades in market history, and altcoins have rallied in anticipation. The race is on to find the top crypto to buy in 2023. Surpassing $200,000 in its presale, Galaxy Fox ($GFOX) is a leading contender, and experts believe it could be the next Dogecoin ($DOGE) or Pepe ($PEPE).
Galaxy Fox ($GFOX) Presale Soaring
Galaxy Fox has shot straight past $200,000, and this dramatic success in its first presale phase implies that $GFOX is going higher. Much higher. One draw to this hot presale is the demand-price mechanic employed throughout the ICO. Each threshold marks a price increase, and those participating in the first phase will enjoy all ten and lock in 450% on their initial investment by launch.
But how can this relatively unknown play-to-earn token become the next Dogecoin or Pepe? Galaxy Fox’s secret sauce is its roadmap and taxation system. It aims to become a widely recognized Web3 currency composable across DeFi and ties together all its features to achieve this goal.
The buy and sell taxes fund these operations and pay rewards to stakers, creating a deflationary yield-bearing asset ($GFOX). This tokenomics model alone makes $GFOX the best cryptocurrency to buy now.
Players enter the ecosystem to play the Web3 runner. But stay for the earning possibilities within the ecosystem. Stargate, Galaxy Fox’s staking hub, rewards all $GFOX stakers, and the token burn steadily decreases the total supply. Users can even trade NFTs on the in-house NFT marketplace.
Buy and sell taxes ensure a constant stream of capital to fund ecosystem development and marketing efforts, giving Galaxy Fox an incredible step up on its competition and an innate long-tail catalyst entering the bull. Taking into account the protocol’s aesthetic and this spirited approach to driving development, $GFOX heartily deserves its title as the top crypto to buy in 2023.
Dogecoin ($DOGE) Meme Coin King
Dogecoin remains the undisputed king of meme coins- a blessing and a curse. Being the market leader confers a special set of advantages, especially in crypto, where markets have trained investors to bet on the king. The curse of being the market leader is its bloated market cap.
All major exchanges already list $DOGE, and its performance still provides one of the best litmus tests for overall market sentiment. Dogecoin is a great crypto for beginners dipping their toes in the meme coin sector, but ultimately, it is not a token capable of producing exciting returns this cycle.
Pepe ($PEPE) Neither-Small-Nor-Large
Pepe remains among the meme coin arena’s most interesting participants. It surged to stardom earlier this year during meme coin mania and has yet to experience a full-fledged bull market. But whether the Pepe meme is retail-friendly remains to be seen.
This middle ground between true meme coins with 100X potential like $GFOX and more formalized meme projects like $DOGE and $SHIB means Pepe occupies a peculiar no man’s land. Analysts cautiously expect a 4X from $PEPE this cycle.
Closing Thoughts: Investors Must Search 100X Gems Now
Early investors in either $DOGE or $PEPE made life-changing money. The secret to success in crypto is being early, and investors who are already active now have a sizeable advantage over retail participants who will arrive in several months.
Galaxy Fox invites investors to join the journey at the outset. Retrospectively, $GFOX will be seen as the top crypto to buy in 2023, and getting an early allocation puts a 100X gem into any investor’s portfolio.
