FXGuys (FXG) Token Presale Hits $4.4 Million as Experts Predict 100x Price Increase

Dogecoin's hype is flickering as Elon Musk shifts gears, but Shiba Inu is clawing back with a jaw-dropping 206% whale inflow surge.

The crypto markets are known for their volatility, and this year has been no exception. After the meme coin madness of 2024, experts are saying that utility-focused tokens will be the ones to watch in the next bull market.

While the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) are still flickering on the edges of hype, a new token is quickly heating up.

FXGuys (FXG) is a new cryptocurrency that is quickly gaining attention for its unique features and recently launched BETA trading platform.

Those who missed out on Dogecoin’s hype when Elon Musk pushed the token to new highs, or Shiba Inu’s huge gains earlier this year, might want to consider what experts are saying about FXGuys.

Dogecoin struggles as Elon Musk focus shifts

Dogecoin is slowly losing ground as Elon Musk’s attention shifts away from the meme coin. A late 2024 surge came when Musk joined Trump’s Department of Government Efficiency (DOGE) to advise on productivity. This pushed the price past $0.40 as fans hoped for a return to 2021’s bull market levels.

But now, the focus has shifted to Musk’s government role and new Solana meme coins from PumpFun, leaving Dogecoin sidelined. Fewer investors are interested in buying on dips, and the DOGE price has dropped to $0.20.

However, there’s a flicker of hope. Indicators suggest the strong selling pressure might be tiring out, hinting at a possible rebound for Dogecoin.

If the hype returns with more Musk appearances or PumpFun coins reaching new highs, could see DOGE climb back toward $0.40 or even $1.

Did Musk’s new gig kill Dogecoin’s vibe, or is this a quiet spell before a DOGE comeback? With fresh options like FXGuys turning heads, Dogecoin’s next chapter is interesting to watch.

Shiba Inu price rises 206% as whale activity spikes - Is meme coin season back?

Shiba Inu is back in the spotlight as a massive surge in whale activity pushes the meme coin higher.

New data from crypto tracking service Tokenargus shows that large holder inflows, which measure the net change in holdings by top wallets, spiked by a staggering 206% this week alone.

This pushes the total into 975.96 billion SHIB.

The news comes after a brutal market sell-off saw over $1.4 billion wiped off Shiba Inu’s market cap in an eight-day period.

Despite the sell-off, which was triggered by reports that Binance would be shutting down its Binance Point Pay service in the Netherlands, SHIB is up more than 1.78% in the last 24 hours to $0.00001467 at the time of writing.

Plus, Bitcoin’s (BTC) price rise to $89,000 hints at a broader crypto market recovery.

As the bears continue to exert pressure on the crypto market, sparking fear among investors, a substantial portion of these funds are being channeled into the top 100 cryptocurrency wallets.

This signals that whales are actively accumulating on the dips, transferring their coins into storage.

If the buying pressure persists and the surge in large holder inflows sustains itself, it could be a sign that the bottom is in and we can expect to see a breakout in the SHIB price. However, with the market remaining volatile, it’s essential to approach any trading decisions with caution.

For those who missed out on Dogecoin’s wild ride earlier this year, fueled by Elon Musk’s involvement, which is now slowing down with his new government role, or Shiba Inu’s previous price surges, this could be an interesting new opportunity.

Could this be the start of a broader meme coin season as FXGuys also gains huge presale interest? Only time will tell.

New crypto trading platform FXGuys offers unique features

If you missed out on the massive rallies of Dogecoin and Shiba Inu earlier this year, then you might want to check out FXGuys.

This new cryptocurrency is quickly heating up with its unique features and recently launched BETA trading platform.

While other meme coins are offering a new take on decentralized finance (DeFi), FXGuys is combining it with proprietary trading for a hybrid approach that is quickly attracting traders.

At the heart of the FXGuys ecosystem lies the Trade2Earn program, where users are rewarded with $FXG tokens for each trade they execute, no matter the outcome.

This unique spin on trading boosts engagement on the FXGuys platform while giving traders a personal stake in every move they make.

The FXGuys platform also offers users the chance to get funded accounts by passing a challenge phase. This allows traders to trade with up to $500,000 in capital and keep 8