$ONDO Surge Cools After 100% Gains — Buy The Dip? Or Is This ICO a Better Bet?
Larry Fink has been the figurehead for institutional adoption and asset tokenization, driving billions of dollars into crypto in recent months. There has been a large focus on RWA protocols following the deployment of BlackRock’s BUIDL fund. However Ondo ($ONDO) sellers are taking some profits after 100% gains – buy the dip? Or is this [...]
Larry Fink has been the figurehead for institutional adoption and asset tokenization, driving billions of dollars into crypto in recent months. There has been a large focus on RWA protocols following the deployment of BlackRock’s BUIDL fund. However Ondo ($ONDO) sellers are taking some profits after 100% gains – buy the dip? Or is this ICO a better bet? Will Galaxy Fox ($GFOX) outpace $ONDO in the coming weeks?
What cryptos to buy now? Will RWA projects dominate the bull market, or will memecoins be the largest gainers? As markets get increasingly bullish, it gets harder to decide. When everything is going up, it becomes a question of outperformance, and today, it is time to settle the debate: RWA projects or memecoins, which are the best cryptocurrencies to buy in 2024?
Ondo ($ONDO) RWA Posterchild
Ondo has been front and center of the RWA narrative, and its on-chain treasury products like $USDY have brought dollar-denominated yield to thousands of investors. It excels in bringing institutional-grade products on-chain and has a team that is well-versed in regulatory cooperation. The net result is that Ondo has managed to achieve a better blend of TradFi and DeFi than almost all other protocols and in a fully compliant manner.
After rallying 100% in the last month, $ONDO sellers have taken charge, and profit-taking after an enormous run is normal behavior. Should investors be scooping the $ONDO dip or looking further afield for fresh opportunities? Despite short-term price action, Ondo has an incredible team, and it is still a top crypto to buy this cycle. However, when discussing $ONDO versus $GFOX, the comparison is not even close. In the coming weeks, Ondo cannot even come close to $GFOX’s upside potential.
Galaxy Fox ($GFOX) Memecoin Extraoirdianre
Galaxy Fox is disrupting the meme space and is already called a third-generation memecoin. Its broad ecosystem includes a P2E game, which perfectly positions Galaxy Fox to enjoy uplifts from the growing appetite for memecoin speculation and the steadily developing GameFi narrative. If somebody asks what cryptos to buy now for 100X returns this cycle, $GFOX is the correct answer.
Memecoins, as a vertical, perfectly portray the essence of crypto. While many state they are speculative investments, they fail to see how large a role speculation plays in the modern economy. RWAs versus memecoins? Memecoins will always win. Cryptos are frictionless marketplaces powered by global capital liquidity flows and the perfect breeding ground for the new age of capitalism. This cycle belongs to memecoin gems like $GFOX.
Smashing $5.4 million in its presale and showing no signs of slowing down, Galaxy Fox positions itself as a breakout star this year. Its endless runner Web3 game pays out prizes to players and onboards new users into the ecosystem, and its tokenomics model takes care of the upside. Staking rewards let anyone earn, and the burn campaign drives value via scarcity, ensuring dual value accrual flows at all times for stakers. This evolved memecoin model is ready to fly this cycle.
Closing Thoughts: Welcome to the Memecoin Supercycle
RWA projects like Ondo are doing excellent work bridging TradFi and DeFi but the net result does not change. The greatest advantage of RWA projects will be when liquidity can flow seamlessly between these two worlds. Then memecoins will go into overdrive as more and more capital chases these tokens.
What cryptos to buy now before the mania begins? You guessed it, memecoins. Galaxy Fox has easy 100X potential, and many forget that $DOGE reached an $88 billion valuation last cycle. If $GFOX is worth even half as much, investors buying today will enjoy an insane 17,600X on their initial investment. Join this exciting galactic journey today. Don’t get left behind!
Learn more about $GFOX here:
What's Your Reaction?
