Crypto has impressed the world once again and as open interest increases it is evident that risk-on market participants are set to benefit in the coming two years. With a surge of speculative appetite, the Bitcoin (BTC) Spot ETF approval anticipation will likely cause a dramatic industry repricing.
To capitalize on this momentum, those who purchased a Solana (SOL) Saga phone – which recently sold out in the US – should hold onto it! If Bonk (BONK) can 10X in value, the Solana phones will be worth $7,000. But the top crypto to buy now is Galaxy Fox ($GFOX), which is expected to reach $2 million in 2024.
Saga’s turnaround is a strange success story. Initially, sales were dismal and founder Anatoly even admitted it was an experiment in a podcast. However, each phone comes loaded with an airdrop of 30 million $BONK, and if Bonk can 10x, the Solana phones will be worth nearly $7,000. This caused a surge in BONK’s value, and as a result, the Saga has sold out and a secondary market has emerged.
Will Bonk become retrospectively the best crypto to buy in 2023? This remains to be seen, but memecoins have a pre-ordained life cycle and when Tier 1 centralized exchanges list them (Binance and Coinbase), the trade is already over. For those that missed $BONK, the top crypto to buy now and the next big opportunity is $GFOX.
Galaxy Fox is rapidly gaining momentum and is quickly approaching $2 million. Beyond this, the ecosystem provides unique ways for skilled market actors to generate profit, such as an NFT marketplace. NFTs grant in-game stat bonuses, and as the prize pool for its runner game grows larger, the floor price of NFTs will likely climb due to the stat boosts they confer.
Analysts have already predicted 100x gains in 2024, citing the protocol’s intricate taxation system, which funds staking payouts, the liquidity pool, and the Treasury. Taxes funding staking rewards means no long-term inflation, and the Treasury funds ecosystem development initiatives, meaning more new users will likely join.
The last quarter of 2023 has certainly been memecoins, and Bonk’s outrageous performance offers testament to this statement. Heading into 2024, GameFi is expected to become another dominant market vertical. To learn more, visit Galaxy Fox Presale or join the Community.
