Each cycle, a new generation of protocols replaces the old leaders. These newer, more nimble competitors have smaller market caps, leverage any infrastructure upgrades, suffer less investor fatigue, and, importantly, have fewer large token unlocks that the team and VCs dump on retail.
A new contender in the GameFi and memecoin space, Galaxy Fox ($GFOX), looks set to outperform Shiba Inu ($SHIB), PancakeSwap ($CAKE), and BNB ($BNB). How can this nascent presale overtake these giants? And why is $GFOX one of the best cryptocurrencies to buy today? Find out below.
Galaxy Fox ($GFOX): The March of Progress
Galaxy Fox is a new P2E token centered around its Web3 runner game that allows players to turn their gaming skills into cash. Each season, the top 20% of the leaderboard will win prizes exchangeable for $GFOX tokens. Players can even increase their chances of winning the prize pool by upgrading their in-game abilities by holding one of 3,000 unique NFTs.
But as well as operating in the GameFi space, Galaxy Fox also enters the memecoin arena thanks to its unique aesthetic. The team behind Galaxy Fox knows the power of memeable characters, and these figureheads will even be used in real-world merchandising with generated revenue funding the protocol’s Treasury.
Galaxy Fox shows a level of professionalism not seen before in the memecoin arena. Its robust tokenomics design ensures a deflationary supply, taxations reward stakers, meaning no dilution for early holders, and funds community initiatives and marketing efforts.
Make no mistake Galaxy Fox is a growth bomb waiting to happen and ties together all the lessons of the last cycle into a super project.
Its presale additionally offers investors in the initial phase the chance to lock in 450% gains on their initial investment thanks to staggered price increases. Easily one of the best cryptocurrencies to buy before the bull market starts, and the presale offers the best entry point investors can imagine.
Shiba Inu ($SHIB) Struggles Against Pepe & Dogecoin
Shiba Inu was Dogecoin’s first genuine competitor, and although it does not rank in the top ten cryptocurrencies like its rival, it still boasts a market cap of over $5 billion. The dedication shown by the Shiba Inu team throughout the bear market has been highly commendable, pushing various upgrades for $SHIB holders, including a native layer two chain.
However, Shiba Inu is not the largest memecoin ($DOGE) nor the newest memecoin ($PEPE). Hence, it occupies a strange no man’s land. Will memecoins make a return this cycle? Retail may pump them when they return to markets, but all the truly speculative activity currently occurs on-chain on tokens with market caps magnitudes smaller.
$SHIB cannot print the multiples that made it famous again, and investors would be better off targeting new market entrants like $GFOX.
PancakeSwap ($CAKE) New Tokenomics Model
PancakeSwap remains the leading decentralized exchange on the Binance Smart Chain. The DEX has a TVL of close to $2 billion, and $CAKE was an excellent crypto for beginners last cycle due to the single-sided staking pool.
$CAKE ran into problems with its high inflationary rate. However, an upgrade to tokenomics has made the token deflationary. The real question is whether PancakeSwap can retain liquidity without all the $CAKE rewards to attract users.
BNB ($BNB) Binance’s Future
$BNB is the pseudo-equity token for Binance and a top crypto to invest in for anybody who believes in Binance’s continued success. CZ successfully defended major liquidation points throughout the bear market, and the last quarterly burn of $BNB saw 2.1 million tokens removed from circulation.
The Binance Smart Chain offered a far more scalable alternative to Ethereum ($ETH) last bull run, and because of this, almost every notable project deployed there or was forked on the network. BNB has launched its own layer two chain using the OP Stack, and as long as Binance can continue to overcome market FUD, $BNB’s future looks very strong.
Closing Thoughts: New Cycle New Market Leaders
The leaders of the 2021 cycle will likely pump again, but whether they will return to their ATHs is an entirely different question. Investors who want to maximize returns this cycle and begin building generational wealth must target new launches and presales. These are the best cryptocurrencies to buy in the current meta.
Galaxy Fox presents a formidable example, and with its value accrual approach for token holders mixed with its savvy team, it could quickly shoot into the ranks of the top 100. Participate in the presale today and lock in 450% before launch!
Learn more about Galaxy Fox ($GFOX) here:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.