Token

Burn

Shiba Inu

Galaxy Fox

Anybody not holding memecoins is feeling max pain. After finding their footing last cycle, meme projects are absolutely dominating the top gainers’ charts, and these fun, high-octane tokens are the best cryptocurrencies to buy now. Shiba Inu ($SHIB) is still trailing behind newer memes despite a massive token burn. New projects are the fastest-moving horses in this race, and <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=thecoinrise&amp;utm_content=34">Galaxy Fox ($GFOX)</a> has singled itself from its competition. Memecoins are all about market caps, and this micro-cap presale gem is ready to make serious noise with its coming retail launch. 
<h2 id="b-shiba-inu-shib-still-trailing-newer-memecoins-b">Shiba Inu ($SHIB) Still Trailing Newer Memecoins</h2> 
Shiba Inu burned an incredible 643 million tokens last month, but remarkably, the token is still trailing behind newer projects. The launch of projects like Galaxy Fox, Bonk ($BONK), Pepe ($PEPE), and dogwifhat ($WIF) are threatening $SHIB’s position. Originally the counterbalance to Dogecoin ($DOGE), now $SHIB increasingly appears as a market leader instead of an underdog — the property that made $SHIB an attractive buy in the early days. Its $11 billion-plus market cap has become a burden, and small, more nimble projects are becoming obvious market favorites. Regarding what cryptos to buy now, although Shiba Inu will inevitably climb higher in the bull market, smaller caps promise returns multiples larger. And that is what memecoin investors want- to make money fast. More recently, Shiba Inu has attempted to distance itself from its memecoin origin, pushing its new scaling solution Shibarium as a ‘more mature’ payment settlement layer. This move was poorly timed as memecoin fever has broken out and has crypto markets in a chokehold. 
<h2 id="b-galaxy-fox-gfox-leading-the-next-generation-of-tokens-b">Galaxy Fox ($GFOX) Leading the Next-Generation of Tokens</h2> 
Galaxy Fox is part of the new generation of memecoins that hold the most upside potential this cycle- the best cryptocurrencies to buy this year. $DOGE is the king, and retail will bid on this token. $PEPE is the new dark horse occupying $SHIB’s old place, and $GFOX is leading the new wave of contenders. Galaxy Fox’s hybrid model is turning heads, and as this presale closes in on $4 million raised, the 100X price predictions are rolling. Instead of going to market with another typical memecoin build, Galaxy Fox introduces the hybrid model. This gem has all the classic features. An aggressive token burn driving value via scarcity, explosive upside, and viral marketing and branding. In addition an entire ecosystem and a play-to-earn game. Being located in the memecoin narrative was not enough for $GFOX, and this micro-cap gem also enjoys support from the growing GameFi narrative. Its Web3 runner game paying out prizes at the end of each season- it’s easy to see why it is a top crypto to buy now. Staking rewards are another big feature, and $GFOX holders can earn passive income via the Stargate module. Even better, these payouts are funded by taxes and lead to no deflationary emissions. $GFOX stakers are generating native yield on a deflationary asset!&nbsp; 
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=thecoinrise&amp;utm_content=34" target="_blank" rel="noopener"><img decoding="async" class="size-full wp-image-88949 aligncenter" src="https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1.png" alt="" width="970" height="90" srcset="https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1.png 970w, https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1-300x28.png 300w, https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1-768x71.png 768w, https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1-150x14.png 150w, https://thecoinrise.com/wp-content/uploads/2024/01/GalaxyFox-Banner-1-696x65.png 696w" sizes="(max-width: 970px) 100vw, 970px"></a> 
<h2 id="b-closing-thoughts-buy-new-memecoins-this-cycle-b">Closing Thoughts: Buy New Memecoins This Cycle&nbsp;</h2> 
The best cryptocurrencies to buy this cycle are new memecoins. $SHIB’s poor performance despite its burn while $GFOX continues to smash through its presale is one instance of the larger trend. Do not get stuck on the wrong side of history this bull market. The Galaxy Fox presale is a prime example of how an ordinary investor can generate those crazy crypto gains this cycle. Joining a memecoin at the beginning has always been a classic strategy to generate oversized returns, and you can join the Galaxy Fox ICO today!&nbsp; 
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Learn more about $GFOX here: 
<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=thecoinrise&amp;utm_content=34">Visit Galaxy Fox Presale</a> | <a href="https://t.me/galaxyfoxtoken">Join the Community</a> 
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The post <a href="https://thecoinrise.com/shib-still-trailing-behind-newer-memes-despite-massive-token-burn/">$SHIB Still Trailing Behind Newer Memes Despite Massive Token Burn</a> appeared first on <a href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

$SHIB Still Trailing Behind Newer Memes Despite Massive Token Burn

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TheCoinrise Media

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