Bonk ($BONK) broke into the limelight as one of the best meme coins to buy in 2023. Over the course of 2023, the memecoin based in Solana had increases reaching 11,000%. A whale holding a large amount of Solana has acquired more than 371 billion $BONK tokens as the bull market draws closer.
The Solana whale clearly anticipates a meme season in 2024, much like many others do. Whales are also interested in the upcoming presale memecoin Galaxy Fox ($GFOX), another popular meme coin. Let’s see how these top altcoins will do in 2024.
Solana Whale Stacks 371 Billion $BONK Tokens
Last year was the breakout year for $BONK. Its 11,000% gain easily made it one of the top ten cryptocurrencies of 2023. Even after this impressive rally, a top Solana whale expects the $BONK rally to continue in 2024.
According to Foresight News, the whale has accumulated 371.4 billion $BONK tokens over the last nine months, spending 6,998 $SOL (worth $276,000). The report also stated that the whale has made more than $6.9 million from his investment, reiterating why Bonk is one of the best meme coins to buy.
The whale continues to add to his $BONK portfolio in anticipation of another Bonk rally in 2024. However, $BONK is not the only meme coin that has caught the attention of whales over the last few weeks, $GFOX has also seen massive accumulation.
Whales Stack Galaxy Fox ($GFOX) Ahead of 100X Price Surge
Galaxy Fox ($GFOX) might be a new ICO crypto, but it has garnered significant attention from whales. Over 2.2 billion $GFOX tokens have been snapped up recently as whales anticipate a major meme season in 2024. The reason for this is that Galaxy Fox has integrated a blockchain game into its meme coin ecosystem.
Because it solves the utility challenges of the meme coin space, Galaxy Fox has the edge over other competitors like Dogecoin and Bonk. Its dual-utility means Galaxy Fox appeals to both gamers and meme coin enthusiasts.
As a P2E platform, Galaxy Fox has provided the chance to win prizes and digital assets through contests and missions. Gamers can also access one of the coolest NFT collections when Galaxy Fox launches it. These NFTs are linked directly into the game, serving as boosts and power ups for characters.
Galaxy Fox has also developed a superior tokenomics model to ensure its long-term growth. Unlike Bonk, which has a max supply of 100 trillion tokens, $GFOX, the ERC20 coin of the platform, is limited to only 5 billion. This lower supply of $GFOX means it has tremendous roon for growth. In addition, the token will be deflationary, making it one of the best cryptos to buy.
Holders of $GFOX will perform governance activities and be rewarded via staking. These exciting features have made Galaxy Fox one of the best ICOs to launch. Also, these features have been predicted to help $GFOX soar by 100x in the 2024 meme season, making it one of the best cryptocurrencies to buy. $GFOX is priced at only $0.001749 per token.
The news of a Solana whale buying 371 billion $BONK tokens has rekindled interest in the meme coin market. Galaxy Fox has emerged as one of the memecoins looking to capitalize on this massive interest.
Its utility, unique ecosystem, superior tokenomics model, and strong team are the reasons why crypto experts have ranked $GFOX among the best meme coins to buy in 2024. So, whether you’re a seasoned trader or a newcomer to the world of cryptocurrency, these are the top altcoins to watch in 2024.
Learn more about Galaxy Fox ($GFOX) here: