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Bitcoin ($BTC) is roaring in the midst of a full-scale bull run, but the market vertical stealing the show is the meme genre. Memecoins have continued to outpace every other narrative and remain the absolute best cryptocurrencies to buy for oversized returns this cycle.
dogwifhat ($WIF) and Galaxy Fox ($GFOX) named fastest growing memecoins of 2024, and nothing can stop this duo from printing new ATHs. While more traditional investors are finding their way into the crypto space for the first time via Spot ETF products, the on-chain economy has never looked more alive. Retail is steadily returning to markets, and the next six months promise to be wild.
dogwifhat ($WIF) Solana’s Leading Memecoin
dogwifhat has been Solana’s ($SOL) breakout star. Overtaking $BONK and leaving other $SOL memecoins in its dust, this cute dog wearing a hat is undoubtedly a top crypto to buy this cycle. Finally achieving a market cap of $3 billion and yet to be listed on Coinbase, this meme still has plenty of gas left in the tank. Arthur Hayes, co-founder of BitMEX, is a $WIF holder and believes the token is going to $10. A funding campaign raised $650,000 to put the $WIF logo on the Las Vegas sphere, which will be the catalyst for the next leg up.
A listing on Coinbase would be massive as this has become the playground of American retail investors (the most capitalized market participants) and could send $WIF soaring above $5. dogwifhat has consistently shown relative strength and has been one of the fastest recoverers during market dips. An easy buy for anyone bullish on $SOL and memecoins this cycle- holding $WIF has become a leveraged bet on holding Solana.
Galaxy Fox ($GFOX) Leading $ETH Beta Play
Galaxy Fox is the leading $ETH beta play this cycle. With a tiny market cap of $5 million, it boasts some of the most outrageous upside potentials of any token on the market. The ability to join this presale and become an early adopter is a large factor in why $GFOX is one of the best cryptocurrencies to buy now, and participating in a memecoin ICO during meme mania is a no-brainer.
The novel approach employed by Galaxy Fox has powered fearsome early growth, and blending the play-to-earn and memecoin genres has led to a total raise exceeding $5.4 million and still climbing. The P2E component is an infinite runner with inbuilt NFT functionality and a seasonal prize pool. The most skilled players walk away each season with cash, and those who want to upgrade their chances of joining this cohort can mint an NFT and unlock special in-game skills boosts.
Integrating a P2E game gives Galaxy Fox several advantages. First, it acts as an onboarding funnel into the broader ecosystem. Second, it drives ecosystem activity, which increases payouts to stakers. These staking rewards are another prominent factor in why $GFOX can 100X this cycle. Combined with its token burn stakers earn yield on a deflationary asset, and as payouts materialize while the supply dwindles, the price will only have one direction to go in. This hybrid is easily one of the top cryptos to buy right now as its retail launch rapidly approaches.
Closing Thoughts: $WIF & $GFOX Dominating
$WIF and $GFOX are the fastest growing memecoins and, by default, the best cryptocurrencies to buy and hold this cycle. Wait until the mania phase, and these tokens will start posting triple-digit weekly gains.
Investors serious about winning this cycle should be diving into the Galaxy Fox presale. While $WIF and $GFOX are the fastest growers, $GFOX’s $5.5 million market cap gives it infinitely more upside potential. When it crosses a $100 million market cap, anybody buying today will have 20Xed their initial investment. There has never been a better time to join this galactic journey!
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