The crypto bull run 2024 is on, thanks to the US presidential election results, and tokens like Shiba Inu (SHIB) have picked new bullish streaks in the past three weeks. One crypto expert has predicted a potential surge in the SHIB price, citing increased inflows in the meme coin market cap as a catalyst.
Great news for the Shiba Inu ecosystem, but the token will be getting some competition soon, as FXGuys is ramping up quite the following already. The presale token is in Stage 2, and the PropFi features are pulling investors onto the project.
We have analysts’ opinions on both tokens here!
Crypto Bull Run 2024: Potential SHIB Surge as Meme Coins Gain Traction
For the better part of the past two years, Shiba Inu has survived on token burning, as the community voted in favor of a token burn bill in 2022. But, being reliant on a spike in burn rates has not worked out too well for the SHIB token. Shiba Inu’s SHIB has underperformed compared to other top meme coins–well, until lately.
SHIB surged to about 50% gains in the past month, and while that’s still below the profits recorded on Dogecoin and PEPE, Shiba Inu is getting bullish predictions from analysts. The burn rate, according to Shiburn, rose by 40% in the past 24 hours, bringing the year’s total burnt tokens to about 410 trillion tokens.
The crypto expert Austin Knight believes that the SHIB spike will continue. His analysis shows that meme coins have been getting cash injections for the past two weeks, with Dogecoin and Pepe leading the line. Holding Shiba Inu short-term could lead to significant returns for traders, even if it never gets to its monthly peak.
According to many analysts, the SHIB token is set for a bullish end in 2024. However, a dip below the $0.000023 line could see that bullish streak end and usher in a SHIB decline to about $0.000015.
Passive Income with FXGuys: Staking, Holding, and Funding!
FXGuys is introducing PropFi to mainstream cryptocurrency, permitting its users to get funding for their trading accounts if they demonstrate adequate skills to handle such funds. But funding traders is only one part of the project; even investors are set to gain significantly from the FXGuys ecosystem.
Funding the program is one way investors can make passive income on their holdings. Typically, $FXG traders on the program return 20% of the profits from their trading, increasing the stash for the investors.
One other mode of raising returns via passive income is staking. FXGuys is a new project running on a typical proof of stake protocol, thus allowing its users to contribute to the platform’s security with their tokens.
The staking returns on the FXGuys platform are expected to be about 20%, one of the highest rates in the market, and users are sure to see their staked assets appreciate on the $FXG platform.
Finally, simply holding on to your $FXG tokens could set your portfolio up for the new year. The traffic of users and traders expected on the FX Guys platform is enormous. With so many use cases for the $FXG tokens, their value will only keep rising, ensuring that even token holders have significant returns.
FXGuys is not only for traders. Sure, traders will stand a huge chance for ROI once the platform launches, but investors will be in for multiple passive income streams.
The $FXG Presale Show Bullish Signs: 10,000% Gains in 2025?
The $FXG token could provide a more suitable investment plan compared with meme coins that would keep bobbing only for as long as the crypto bull run 2024 lasts. Shiba Inu was below par before the bull run, and not much will change after the bullish streak ends.
Stage 2 of the $FXG presale is on and buzzing. The presale token is moderately valued at $0.04, with the price set to increase at each new stage of the presale.
While investors can look forward to 150% gains on their $FXG investments when the project launches at $0.10, the bigger cake comes when the project goes full throttle post-launch. There are predictions that the new DeFi coin could spike up to 10,000% by 2025, and no investor wants to miss out on that.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
