Earlier this year, Pepe surged by an outstanding 7,000% within a matter of just 17 days. The insane price rally highlighted the explosive potential of memecoins. Several investors benefited from this surge, including at least one trader who became an overnight millionaire.
With the glory days of $PEPE now in the past, investors are looking for the next best cryptocurrency investment. Which coin has shown the same capacity to make new millionaires like Pepe did in early 2023?
>>BUY $GFOX TOKENS<<
How Pepe Made this Altcoin Investor Millions
Pepe dominated the crypto space after its launch on Uniswap in April 2023. The troll-inspired memecoin project gained popularity through viral social media marketing. By May 5, $PEPE traded as high as 3,500% above its launch price. These rapid gains made Pepe one of the best memecoins to buy to date.
Some investors who got in early saw mad gains from this rapid growth. An anonymous trader is the most notable figure to emerge from the Pepe rally. Iyx.eth reported that this lucky trader turned a $27 investment into a cool $4 million thanks to their early entry.
The anonymous trader purchased 2.5 trillion $PEPE tokens with only $27 just after its launch. Had he cashed out near the peak of the Pepe rally, the investment would have raked in almost $10 million. However, Pepe has since declined by more than 65% since then.
Despite the decline, Pepe is still ranked as one of the best cryptocurrency investments to date. The wallet address of the trader still has an impressive value of around $3 million. With the crazy gains $PEPE saw, investors are constantly searching for the best altcoins to invest in that might possibly duplicate $PEPE’s success.
Which Could Be the Next Memecoin to Mint New Millionaires?
Amidst the surge of meme coins being launched, Galaxy Fox ($GFOX) has created a new niche for itself. This new project has positioned itself as a game-changer merging meme coins with a blockchain gaming ecosystem.
Because the project has integrated a gaming ecosystem, analysts have predicted that it could outperform the massive gains of Pepe. While $PEPE lost its gains after the hype died down, the utility of the Galaxy Fox ecosystem has been projected to bring sustainability to $GFOX.
The gaming ecosystem is built around an exciting infinite web3 runner game in a virtual world where foxes dominate the galaxy. Players will run to conquer the cosmos, with different worlds offering earning opportunities. The game has also incorporated an intergalactic leaderboard where players will compete for top positions.
Built as a play-to-earn (P2E) game, the top 20% gamers will be rewarded with digital assets and $GFOX tokens which can be traded within the ecosystem marketplace. This earning dynamics makes $GFOX the best cryptocurrency investment among meme coins.
Final Thoughts
Because Galaxy Fox boasts more utility than Pepe, analysts have predicted more gains for the project over a period. This is the major reason analysts have predicted that $PEPE could emerge as one of the best ICOs, creating millionaires in the next few weeks.
The $GFOX token is now valued at $0.00066. This means now is the perfect opportunity to stack tokens before they dominate the crypto market. Gamers and investors still have a window of opportunity to enter into $GFOX early. Analysts have projected up to a 35x price surge as the crypto presale progresses.
Learn more about $GFOX here:
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