Investors eye PropFi boom: $500 on FXGuys, Shiba Inu holders chase $50K returns

Meme coins like BONK and Dogecoin surge, but investors shift to DeFi project FXGuys aiming for top 20 crypto status.

Meme coins have shown that they are more than just keeps for laughs this year. The Solana-based BONK and WIF, along with Pepe and Dogecoin, have shown their resilience at various points through the year, and the recent surge saw more spikes on the token charts.

The recently launched DOGS and Shiba Inu (SHIB) are getting dumped by their investors in favor of a new DeFi project, FXGuys (FXG). The new PropFi project is on track to enter the top 20 cryptocurrency tokens as soon as it launches, and investors are rallying behind the DeFi token.

Shiba Inu could face difficult times ahead: Is a SHIB price dip imminent?

SHIB was launched in 2020 as the ‘Dogecoin killer,’ meaning that Shiba Inu looked well on track to beat Dogecoin. However, one bull run was all it took DOGE to overtake SHIB, and Shiba Inu has remained in its shadow since.

The Shiba Inu community has pushed the token to better positions in the past two years, instituting a burn protocol that has seen over 410 trillion SHIB tokens burned forever. Between token rallies and its burn protocol, the SHIB price has thrived.

The latest rally saw SHIB make it to $0.000033, its highest value in the past month, but even that is getting threatened. Shiba Inu is experiencing a pullback, and it has already shed considerable gains, trading now at $0.000029. The bulls will have to get SHIB over the $0.000033 resistance if the token is to make its 2.79x predictions.

FXGuys: The new crypto platform for major PropFi gains

Proprietary finance, or PropFi, is the leading concept of the FXGuys project. The new crypto project is designed to cater to traders who might not have enough capital to kick off their trading but have sufficient skills to make a profit.

The Trader Funding Program on FXGuys, which is the PropFi feature, will be assessing interested traders to select those that will be eligible for funding from investors. The capital funding could range from $2,500 to about $100,000, and traders can scale up to $500,000 capital deposits.

Trading on the FXGuys platform gets even more fun the more traders spend time on the new crypto PropFi platform. For every trading position closed, users get some FXG coins in return.

Whether or not someone is closing in profits or losses, the FX Guys PropFi project offers them FXG DeFi tokens as a reward for just using the platform.

The FXG stash could serve users in different ways on the FXGuys platform. From staking to investment in the trader funding program, traders and investors have ample opportunities for passive income on the new crypto platform.

The DOGS Price is also sporting bullish trends

The DOGS project was one of the top TON-based projects that rocked Telegram mid-year. Before the airdrop, the entire TON blockchain shut down temporarily due to the volume of users on the DOGS platform.

Unfortunately, DOGS failed to live up to its hype, as the token price dipped considerably in the weeks that followed its launch. Even now, the DOGS price is yet to recover from the dip, as it’s still 44.73% below its launch price.

With more tokens in the hands of the community and so many bullish signs in the daily and weekly timeframes, DOGS could be up for significant returns this month. It’s currently valued at $0.00088, according to data from CoinMarketCap.

100x gains: FXG to dwarf meme coins like SHIB and DOGS

The current momentum and its promising utility on the FXGuys project could bring FXG to 100x gains post-launch, especially with the volume of traders hounding the presale already, according to experts. A $500 dollar investment could well yield $50,000 in returns, and investors are fast jumping on the opportunity.

The FXG presale has now raised $2.9 million, showing brighter prospects than meme coins like SHIB and DOGS despite only being in Stage 2. The DeFi token is priced at $0.04 and its launch price is set at $0.10, meaning investors have a chance at 150% ROI, and this could be the best entry point.

For more information, visit the FXGuys website, read the whitepaper, and join the online community for the latest updates.