Pepe crashes while Sui rises by 40 %; GFOX heads for a $ 5 million destination

The year 2024 started with many speculation about general market development. While the global crypto market was waiting for the approval of the Bitcoin ETF by the SEC, another central topic of conversation in crypto circles was the ascent and case of Memecoins.

At the top of the list of memoins, which caused a stir in 2023, was $ Pepe. However, the coin could not maintain its interest and price dynamics in the months after it was introduced. Another major controversy with the $ Pepe was the PEPE coin 2.0.

While the investors were still trying to deal with the new “fraud” coin, memo cups such as $ sui and $ GFOX were announced. Both coins had promising prospects for early owners, which they kept up to 2024.

In this article we analyze the heights and depths of Pepecoin, the potential of the new PEPE coin and the current interest in $ SUI and $ GFOX. Look.

The latest on Pepe

PEPE COIN ($ PEPE) is a Memecoin based on the Ethereum blockchain, which after its introduction in April 2023 gained popularity. Despite its volatile price, thousands of investors bought the coin of large crypto exchanges.

In August 2023 there were general concerns that an "indefined" amount of $ pepe tokens was transferred to centralized stock exchanges from the project's wallet for inexplicable reasons. This led to a decline in the price and the acceptance of the coin. The price continued in September, although the PEPE community assured the safety of the remaining tokens. In October, a new team of consultants was announced and some tokens burned to increase the scarcity and price of the coin.

pepecoin seemed to be on the right track after these big changes until the introduction of Pepe 2.0. It is rumored that the new PEPE coin was created by people who were on the black list of the original PEPE coin project. In contrast to the tax-free original, PEPE 2.0 raises a transaction tax of 1 % for marketing, liquidity and community development, which of course restricts its acceptance, popularity and its price.

The roadmap of the new Pepe Coin includes vague phases of a coin launch without a plan for community partnerships or the listing on animal 1 exchanges.

SUIS 40 percent price increase

The Sui-token supported by Mysten Labs has achieved remarkable price increases. $ SUI now ranks 13th of all L-1 blockchains in relation to the Total Value Locked (TVL), which caused a lot of hype about his native tokens, which led to his latest price increase.

This is not the first time that $ Sui leaves a positive impression on the market. Sui reached its all-time high price on May 2, 2023 with an increase of 228 % despite the fluctuations on the macro cryptoma market.

At the time of the creation of this report, the price of $ SUI has slightly fallen to the level of $ 1.30 in the last 24 hours, although it still recorded an impressive increase of 55 % last week.

While these statistics indicate that $ SUI is a good investment, it is important to know that the token has a relatively low market capitalization, which makes it very volatile, and notoriously bad tokenomics, which led to it crashed by 70 % when it was introduced. After this recent relaxation, $ SUI may not be able to maintain another price rally due to the sales pressure of large stakeholders. Therefore, investors have switched their winnings from $ SUI to alternatives such as $ GFOX, which have greater upward potential and better tokenomics.

The pre-sale for Galaxy Fox (GFOX) is supposed to reach $ 5 million

gfox is a Memecoin that you should pay attention to in 2024. The coin exceeded the expectations of investors in advance, since over 95 % of the range of level 6 has already been sold. The project is well on the way to achieving advance booking records of over $ 5 million by the end of January 2024 after it has already reached almost 50 % of its target. In view of the increasing price and the low risks, analysts speculated that $ GFOX is the next big coin.

in the heart of the Galaxy fox ecosystem is a captivating Play-to-Eearn game. This enchanting game should entertain and reward players at the same time, which is why it is popular worldwide. After listing, the coin is expected to be among the three best memoins. It is expected that the price of $ GFOX is increasing by 50 times the current ticket price.

final thoughts

The year 2024 started for crypto investors, since the SEC approved the official sale and purchase of Bitcoin ETFs. Now investors are more optimistic about market trends and prices.

While memo cinema like Pepe Coin 2.0 may raise doubts about the performance of Memecoins in 2024; Coins like $ SUI and $ GFOX are proof that good things are waiting for early investors. $ SUI experienced a price increase of over 40 % last month, and $ GFOX is ready to achieve the 50-way of its current advance sales price. In view of the $ GFOX community and the current market capitalization, this is a coin that every investor should consider.

To learn more about $ GFOX, visit FOX advance sales website or