March Madness: Alt Season Is Upon As Major Meme Coins Are All Surging Over 50%

The most recent move has caught many offside. Bitcoin's ($BTC) violent move to the upside has opened up enormous room for altcoins to rally, and memecoins are ripping. Strap in. Time for March madness: alt season is upon us as major memecoins are all surging over 50%.

Here are the 5 cryptos to watch out for!

Galaxy Fox ($GFOX) Memecoin Meets P2E

Galaxy Fox ($GFOX) is redefining what it means to be a memecoin, and this presale gem is an obvious top crypto to invest in this cycle. Already raising nearly $4 million in its presale and set to enjoy an explosive retail launch soon, the stars are aligning perfectly.

Historically, memecoins launching in bullish conditions have massively outperformed their counterparts. Imagine what a token like $GFOX can do launching around the time when $BTC posted its second-largest month candle of all time. 

Galaxy Fox takes the classic memecoin build (viral aesthetic, high-octane upside, and deflationary tokenomics) and integrates a P2E component. Launching as a hybrid makes $GFOX a third-generation memecoin, and its addictive Web3 runner game pays out prizes each season. Staking rewards are another novel addition, and combined with the token burn, these lucky holders will be earning yield on a deflationary asset.

The only token in this list still in its presale, investors genuinely have the chance to become early adopters before altcoin mania starts.

Dogecoin ($DOGE) Return of the King?

Dogecoin ($DOGE) is up more than 40% in the last seven days, and the genre’s originator is returning with a vengeance. Bitcoin returning close to its ATH naturally draws retail investors back into markets. Coinbase crashed several times last week, and for those who cannot read between the lines, it means retail is flooding back.

Already listed on all the major centralized exchanges and by far the most famous memecoin, $DOGE will catch a serious bid from retail investors reentering crypto markets in the coming weeks/ months.

Bonk ($BONK) Solana's Top Contender

Bonk ($BONK) brought memecoin activity to Solana ($SOL) and was the first commercially successful memecoin native to the low-latency network. $BONK has gained more than 90% in the last seven days, and as $SOL rallies, expect $BONK to outpace it. Continued strong performance from Solana is rocket fuel for Bonk. The high expectations for $SOL this cycle explain why $BONK is listed among the top cryptos to look out for.

dogwifhat ($WIF) $BONK Killer? 

dogwifhat ($WIF) is already up nearly 200% in the last seven days and has been outperforming its main rival, $BONK, due to its smaller market cap. $WIF is already well on track to break the $1 target, and this event will cause a renewed rush into other memecoins. A leveraged bet on Solana's performance and the underdog choice compared to $BONK.

Pepe ($PEPE) Return of the Frog

Pepe ($PEPE) has made a staggering run, recently outpacing everybody except $WIF. The return of $PEPE has posed an existential question to the ongoing Solana dominance. With $ETH ripping and a massive wealth effect created on-chain, it is becoming increasingly apparent that investors want to be holding Ethereum-native memecoins like $PEPE and $GFOX. Wait until the Ethereum ($ETH) ETF gets approved. $GFOX and $PEPE could potentially start mooning.

Learn more about $GFOX here:

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This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.