$JUP: 500% Rise Then Retraces, Still Remains A Top Pick As This Memecoin Wins ICO Race

$JUP: 500% Rise Then Retraces, Still Remains A Top Pick As This Memecoin Wins ICO Race

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Jupiter ($JUP) managed to emerge as a top altcoin on the Solana network even amidst the boom of memecoins on the Solana network. Following its $700 million airdrop, $JUP has retracted by more than 35%, but remains one of the best altcoins to buy now.

Amidst the decline in the price of Jupiter, a Galaxy Fox ($GFOX) has emerged as one of the best ICOs, raising more than $3.3 million in presale. Learn more about this exciting new project, ranked as one of the best meme coins to buy now.

BUY $GFOX TOKENS

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Jupiter ($JUP) Retraces 35%, Still Remains a Top Buy

Jupiter ($JUP) is a Solana-based decentralized exchange (DEX) aggregator. $JUP, the native token of the DEX, was launched via an airdrop in a bid to integrate the token within the Solana ecosystem.

Because the project seeks to democratize blockchain technology, making it accessible and secure to all users, it quickly gained massive following. Jupiter’s price skyrocketed by more than 500% after its $700 million airdrop, making it one of the best altcoins to invest in early 2024.

However, after January 31, when $JUP peaked at $2.000, the altcoin has witnessed a steep price decline. From its ATH, Jupiter has retracted by more than 75%, returning to the $0.5000 level. Despite the big price decline, Jupiter is still a good crypto to buy. One key factor for the positive prognosis is the strong support of the Solana community.

BUY $GFOX TOKENS

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Galaxy Fox ($GFOX) Wins the ICO Race

While Jupiter battles with bearish pressure, Galaxy Fox ($GFOX) has been riding the waves of strong community support and impressive performance in the ICO race. Galaxy Fox has risen to the top ICO list, raising more than $3.4 million in the first few weeks of its presale.

Investors have snapped up over 2.59 billion $GFOX tokens, demonstrating great investor confidence in the ERC20 coin. The multifaceted ecosystem of Galaxy Fox and the drive to change the narrative surrounding meme coins has boosted investor confidence in $GFOX.

The Galaxy Fox ecosystem is built on the blockchain gaming environment. The ecosystem comprises an exciting play-to-earn (P2E) game, some of the coolest NFT collections that are integrated directly into the game, an NFT marketplace, and a merchandise store.

The entire game’s ecosystem is designed to reward users. Galaxy Fox users are rewarded for their participation in the game, holding the $GFOX tokens, and buying items in the retail store. This is another feature that has established Galaxy Fox as one of the best meme coins to buy now.

The Galaxy Fox team has worked hard to guarantee that the project’s smart contract is handled with the greatest consideration and accountability in the industry. CyberScope audited the smart contract and confirmed it as 100% safe before its scheduled first-quarter debut.

The price of $GFOX has increased by 200% to $0.00198. As the project approaches launch, cryptocurrency experts estimate a 50x price surge. For investors looking to make the most of the 2024 bull market, Galaxy Fox becomes the best cheap crypto to buy right now.

Conclusion

Despite a recent downturn, $JUP remains a favored pick for many investors. Meanwhile, Galaxy Fox has become one of the most talked about cryptocurrencies due to its unique appearance. Given the positive outlook, $GFOX is one of the best altcoins to buy right now.

Learn more about Galaxy Fox ($GFOX) here:

Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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