If this is your first bull market, you need to start learning fast. Narratives drive price, and this cycle will see a collection of shorter-term narratives underpinned by more fundamental narratives. You size into the more prominent narratives and hold these gems while rotating into the briefer narratives before the hype dies.
What cryptos to buy now? The short-term narrative is RWA projects, and the more fundamental narrative is memecoins. Ondo ($ONDO) pumps nearly 100% in 24 hours on BlackRock news, and Galaxy Fox ($GFOX) is in the final stage of its ICO. These are the hottest projects to buy now.
Ondo ($ONDO) Moves $95 Million Into BlackRock BUIDL Fund
Ondo has pumped nearly 100% in 24 hours after moving $95 million of its OUSG fund into the BlackRock BUIDL fund, enabling instant settlements for token holders. Ondo’s OUSG represents tokenized access to BlackRock’s iShares Short Treasury Bond ETF. There is a massive amount of natural synergy between these entities. Ondo’s approach to delivering institutional-grade products on-chain makes it a natural ally of Larry Fink and his asset tokenization dream.
Almost all of Ondo’s products revolve around dollar-denominated yield, and it is making the most of the high interest rate environment. Partnering with BlackRock is the ultimate seal of approval, and $ONDO will become an obvious buy for institutional investors. This impending buy pressure makes it a top crypto to invest in for anybody bullish on the RWA sector this cycle.
Galaxy Fox ($GFOX) Enters Final Leg of ICO
Galaxy Fox has entered the final leg of its ICO and is the best possible answer to what cryptos to buy now. Still massively undervalued and raising an impressive $5.5 million, this small-cap gem promises an explosive price discovery phase. Memecoins have become the fastest-growing vertical this cycle and will be the defining genre of 2024.
Another promising narrative is GameFi, which is forecast to gain greater attention this summer. Galaxy Fox’s play-to-earn game locates it in this growth story as well and the protocol will also be a large beneficiary of the Ethereum ($ETH) Spot ETFs set to be approved in May. With a mountain of powerful catalysts waiting, $GFOX is easily one of the top cryptos to buy now.
Its Web3 runner game pays out prizes each season, and its ecosystem opens up a wealth of trading and earning opportunities. Staking rewards are a big feature, and the token burn will be another effective value accrual mechanism for holders. The NFT collection and in-house marketplace will aid in driving overall market activity, and Galaxy Fox is a perfect example of what a third-generation memecoin is capable of achieving.
It boasts the classic, exciting upside associated with memecoins and provides a wealth of earning opportunities. Expect this gem to fly at its retail launch.
Closing Thoughts: Power of Memecoins In 2024
The RWA narrative is gaining steam, and the more permanent memecoin narrative is gearing up to start its second leg. $ONDO and $GFOX are a great answer to what cryptos to buy now, and expect more upside from both in the coming weeks.
Galaxy Fox is a unique opportunity. Entering a memecoin presale in what is being called the ‘memecoin supercycle’ is an incredible value proposition. Forecasts predict 100X returns before the end of Q4 this year. Get your ticket to the fireworks display and participate today!
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
