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As the crypto market’s bullish momentum continues, emphasis has shifted to memecoins, with several analysts predicting 100x returns for a couple of them. They include $FLOKI, $DOGE, $WIF, and $GFOX. $GFOX, especially, has been attracting investors ever since its presales started, and it has been predicted to outperform most cryptocurrencies by the time it’s fully launched.
Summary
FLOKI successfully executes 190 billion token burn, Is 100X Around the Corner?
Following the approval by the Floki DAO, the initially planned 190 billion FLOKI token burn was executed. This accounts for 2% of FLOKI’s circulating supply. The token burn took place on March 9th, 2024. The tokens were worth more than $47 million.
As a result of this, FLOKI’s price rose to 600% in 2 weeks. The token’s 7-day range traded between $0.0001072 and $0.0002711. $FLOKI rose from $0.00013082 on Wednesday 6th March to $0.00027042 on Saturday 9th March, a 106.7% growth.
The Floki team confirmed this with a post on x stating that although many tokens were burned, a lot more will be burned in the long term through Floki utility.
Dogwifhat (WIF) surges 825.33% in 1 month, buoyed by Binance listing
Dogwifhat (WIF) is a-dog-with-a-hat meme coin on the Solana network. The token has been taking the memetokens space by storm.
Binance listed Dogwifhat ($WIF) for trading on its platform on 6th March 2024. It has experienced a price surge of over 800% within the past month. $WIF grew by 338.8% from $0.52574 on Wednesday 28th February to $2.30698 on Saturday 9th March.
This has seen its market cap rise to over $2 billion. $WIF had a notable surge on March 10th, surpassing $2.4 and hitting a new all-time high of $2.41, according to market data. Although there are several factors contributing to $WIF incredible performance, the token’s unique features and utility of its ecosystem are definitely contributing to it.
Also, based on historical figures, there has been increasing interest in the meme coin segment of alternative cryptocurrencies as they have made millionaires in the past. As such experts expected some memetokens including $WIF to see some remarkable price movements sooner than expected.
Dogecoin Gains 90% in 7 days. Can DOGE Surpass $0.2?
The meme coin market has grown significantly, with a $54 billion total capitalization. As one of the meme industry veterans, $DOGE is receiving attention. In the past week, it has increased by more than 90%. Its daily trade volume increased to $7.8 billion in 24 hours.
$DOGE has never had a trading volume this high before since 2022, so it won’t come as a surprise if the token crosses the $0.2 threshold before the end of Q1. It looks like a consolidation of $DOGE is overdue based on recent developments in its ecosystem.
However, following significant rallies, $DOGE has dipped significantly in the past. As a result, some analysts forecast that it may dip below $0.15 before continuing its ascent.
Galaxy Fox Blasts Towards $4.5 Million, Could it Do 100X?
In the middle of the meme token frenzy, $GFOX has become a standout contender and has drawn a lot of interest from investors. Now in Stage 9 of its presale, it has generated almost $4.5 million and is well-positioned to revolutionize the meme industry with its unique approach and compelling features.
Galaxy Fox, the blockchain platform behind the $GFOX tokens offers more than just a token for speculative investments. As a P2E blockchain platform, It features an engaging infinite runner game where players win prizes in $GFOX tokens according to their in-game performance.
Not only that, Galaxy Fox also features about 3000 unique NFTs that are mintable directly from their website. These special NFTs provide holders exclusive perks, improving their game experience and opening up new ways for them to enjoy the benefits of the Galaxy Fox ecosystem.
Currently in stage 9 of its presales with over 3 billion $GFOX tokens sold already. So far, Galaxy Fox presale has delivered almost 300% ROI for investors who have invested since stage 1. These investors are on course to celebrate around 450% ROI when Galaxy Fox’s presales eventually ends.
Conclusion
As the meme coin market expands, opportunities arise for investors seeking 100X returns. $FLOKI executed a token burn and its price rose to 600% in 2 weeks, $WIF got listed on Binance and pumped 800%, Dogecoin grew by 90%, while $GFOX closed in on the $4.5 million mark in its presale. These tokens are no doubt some of the best to invest in right now in the crypto world especially $GFOX which has performed exceptionally ever since its presales started.
Looking to 100x your crypto portfolio? Join Galaxy Fox today for a 15% discount. Visit the website to buy $GFOX tokens and join the telegram community for latest updates.
Learn more about $GFOX here:
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