If BONK can do 10x, the price of Solana phones will be 7000 dollars. Meanwhile, GFOX leads for 2 million dollars
Crypto has shocked the world again, and as open interest heats up, it is clear that the participants exposed to the market will grow in the next two years. Speculative appetite has risen, and following the approval of the Bitcoin (BTC) Spot ETF, a spectacular industry scandal ensues.
According to many, anyone who recently bought the Solana (SOL) Saga sold in the US should HODL the phone! If BONK can do 10X, Solana phones will cost $7,000. But the real top crypto to buy right now is Galaxy Fox (GFOX), which is headed by $2 million and promises one of the best price discovery rates of any token in 2024.
Saga sales turnaround: A strange success story
The Saga mobile phone released by Solana is the first hardware to create a layer one blockchain. Although sales have been poor and founder Anatoly even backtracked on the product, saying it was an experiment in a podcast, the $BONK surge has breathed new life into the market.
Each phone comes loaded with a $30 million Bonky Airdrop, and if Bonky can do it 10x, Solana phones cost nearly $7,000. Not bad for a $599 phone! The massive increase in the price of BONK has single-handedly changed Saga's fortunes, taking the phone from a lackluster to a sellout. A secondary market has even sprung up, with people paying thousands of dollars for a new, unopened Saga.
Is Bonk the best crypto to buy back in 2023? For those early ones, sure, but memecoins have a predetermined life cycle, and when they are listed on level 1 central exchanges (Binance and Coinbase), the business is already over. For those who missed $BONK, the top crypto to buy right now and the next big opportunity is $GFOX.
Galaxy Fox (GFOX) aims to raise $5 million to $2 million in the next round.
Galaxy Fox continues to grow and surpass its competitors in terms of funding. With $2 million closing and $5 million as the next target, the natural question is how high this P2E token can go. Early momentum paints an incredibly accurate picture of future performance and according to this metric, $GFOX is the top crypto to invest in before the end of 2023.
This earning game token is expanding the boundaries of what it means to be a P2E project. Instead of only high-level players getting rewards, Galaxy Fox introduced rewards to allow the entire community to earn.
Furthermore, the ecosystem provides new avenues for profitable market players, including the NFT marketplace. NFTs provide in-game stat bonuses, and logic dictates that as the runner's game prize pool increases, the stat boosts they provide grow more valuable, so the floor price of NFTs rises. Stake NFT in advance and flip it when the prize pool is released? Could it be the best meta business in this space ecosystem?
Analysts are already predicting a 100x gain by 2024, citing the protocol's complex tax system that collects fees, its liquidity pool and treasury funds. Accumulation of tax funding awards means no long-term inflation. Tokinomics are negative, allowing value to increase over time. The Treasury supports ecosystem development initiatives, meaning more activity equals more new users, and the flywheel works.
Closing Thoughts: Memecoins and P2E tokens are set to explode in 2024.
The meta in the last quarter of 2023 is definitely memecoins, and Bonk's outrageous performance is a testament to that statement. This trend will remain intact as we enter 2024, and GameFi is expected to become another major market vertical.
To learn more about $GFOX, visit the Galaxy Fox Presale or join the community.
