Shiba

Shiba Inu

Memecoin

Galaxy Fox

<p>Over the last few weeks, meme coins have been the top-performing assets, sparking a frenzy in the crypto market. The likes of Pepe, Shiba Inu, and Floki led the rally as the best meme coins to buy.&nbsp;</p>
<p>However, amidst the surge in activity,&nbsp; IntoTheBlock analysts reported that the cost of $ETH gas fees jumped to a 2-year high. On the positive side,&nbsp; <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=216" target="_blank" rel="noopener noreferrer nofollow">Galaxy Fox ($GFOX)</a>, one of new meme coins to buy, has raised over $4.6 million amidst growing community support.&nbsp;</p>
<p><a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=216" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;BUY $GFOX TOKENS&lt;&lt;</a></p>
<h2 class="wp-block-heading" id="meme-coin-frenzy-drives-ethereum-gas-fees-to-2-year-high">Meme Coin Frenzy Drives Ethereum Gas Fees To 2-Year High</h2>
<p>The meme coin market has recorded a major price explosion, causing the market cap to rise above $62 billion. Meme coins on the Ethereum network were at the center of the rally, with Pepe ($PEPE), Shiba Inu ($<a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="SHIB" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">SHIB</a>), and Floki ($FLOKI) recording massive gains.</p>
<p>On the weekly chart, $Floki has increased by 105% while $PEPE is up by over 50%. Along with the price increases came significant token burning and transactions. Because these are ERC20 coins based on the Ethereum network, their increased activity caused the ETH gas fee to skyrocket to a 2-year high.&nbsp;</p>
<p>While the frenzy benefited traders and investors, the average transaction costs (gas fees) on the Ethereum blockchain rose as high as $28 this week. According to IntoTheBlock, the high gas fee made the Ethereum network unusable for many users.&nbsp;</p>
<p>Similarly,&nbsp; the transaction costs on Ethereum layer-2 networks were also up, reaching $1 on Arbitrum. While ETH hasn’t seen as many parabolic gains as these top meme coins to buy, it has been one of the best altcoins, rising by 35% over the last 30 days, despite this most recent market pull-back. Meanwhile, one of the altcoins to watch for bigger gains is Galaxy Fox.</p>
<p><a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=216" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;BUY $GFOX TOKENS&lt;&lt;</a></p>
<h2 class="wp-block-heading" id="galaxy-fox-gfox-crosses-4-6-million-on-growing-investor-support">Galaxy Fox ($GFOX) Crosses $4.6 Million on Growing Investor Support&nbsp;</h2>
<p>Amidst the bullish display by meme coins, Galaxy Fox ($GFOX) has emerged as the best ICO crypto. The new project has received tremendous support from the crypto community, who have contributed to raising over $4.6 million for its development and launch.</p>
<p>The attention Galaxy Fox has drawn has been due to its unique ecosystem that combines GameFi, meme coins, and NFTs into one. Both GameFi and NFTs are two of the fastest-growing sectors within the crypto world, which makes $GFOX appealing as a meme coin.</p>
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   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<p>Galaxy Fox has introduced an immersive virtual world inhabited by unique fox characters. The world is filled with excitement, and every fox belongs to a player, and together they will traverse through many different such worlds. GFOX token holders will have the opportunity to test their skills in thrilling challenges and win actual cash.</p>
<p>Furthermore, $GFOX came with several other enhancements, one of these improvements being a deflationary model. In contrast to the majority of meme coins, $GFOX tokens will only have a total supply of 5 billion. In addition, it is designed with systematic token-burning characteristics to decrease the number of tokens in circulation every day.</p>
<p>These qualities are the reasons why $GFOX is ranked as one of the best meme coins to buy in 2024. In its ninth Presale stage, the current price of Galaxy Fox is $0.002376, with the prediction for a parabolic move like that of $SHIB and $PEPE. Nonetheless, due to its usefulness, Galaxy Fox is considered a good crypto to buy long-term returns.</p>
<h2 class="wp-block-heading" id="closing-thoughts">Closing Thoughts</h2>
<p>The recent spike in network activity points to the continuous development of the meme coin market. After months of substantial increases, other earlier ones like Shiba Inu and Pepe, among others, Galaxy Fox has emerged as a potential future leader. GFOX, due to its utility and rapidly expanding network, is one of the best meme coins to buy now for those looking to score maximum returns in this year’s meme-driven bull-market.</p>
<p><strong>Learn more about Galaxy Fox ($GFOX) here:</strong></p>
<p><a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=capatlcoin&amp;utm_content=216" target="_blank" rel="noopener noreferrer nofollow">Visit Galaxy Fox Presale</a> |<a href="https://t.me/galaxyfoxtoken" target="_blank" rel="noopener noreferrer nofollow"> Join The Telegram Group</a> |<a href="https://twitter.com/GalaxyFoxToken" target="_blank" rel="noopener noreferrer nofollow"> Follow Galaxy Fox on Twitter&nbsp;</a></p>
<p><em>Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.</em></p>
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<p>The post <a href="https://captainaltcoin.com/memecoin-explosion-results-in-rocketing-eth-gas-fees-gfox-passes-4-4-million/" rel="noopener noreferrer nofollow">Memecoin Explosion Results In Rocketing $ETH Gas Fees, $GFOX Passes $4.4 Million</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Memecoin Explosion Results In Rocketing $ETH Gas Fees, $GFOX Passes $4.4 Million

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