$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger

cryptonews.com:

As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process.

Meanwhile, Galaxy Fox ($GFOX), a new ICO crypto, has been gaining traction, raising more than $3.2 million in the last few weeks. Continue reading to learn why $GFOX has been listed as one of the best meme coins to buy in 2024.

>>BUY $GFOX TOKENS<<

The $WEN currency was established in response to an influx of memecoins on the Solana network. In the last year, some of the best meme coins to buy have been launched on the Solana network, including BONK, dogwifhat ($WIF), and Myro.

As a result, there was a lot of excitement about the $WEN airdrop. The airdrop was open to over a million wallets, which fueled interest in the idea. Shortly after the airdrop, the $WEN token price increased by more than 35%.

However, on the weekly chart, the Wen token’s price has dropped by more than 50%. From its all-time high of $0.0001808, $WEN has fallen by more than 70%, trading in the $0.00004500 range.

>>BUY $GFOX TOKENS<<

The brief rise and drop of $WEN have pushed crypto investors to projects with more utility, like Galaxy Fox ($GFOX). There has been a lot of hype around Galaxy Fox because the project was launched to address the problems that have limited the adoption of meme coins.

While meme coins are frequently accused for having no utility, Galaxy Fox has addressed this issue with a blockchain gaming environment. Operating in two top crypto sectors has made the ERC20 coin, $GFOX, one of the best meme coins to buy now. In this immersive, hyperrealistic P2E game,