Dogwifhat (WIF) is in freefall, plunging 35% in a week as whales offload massive holdings. With WIF breaking critical price levels, panic is spreading among meme coin investors. However, while whales are dumping WIF, they’re quietly accumulating FXGuys ($FXG). But why?
Unlike Dogwifhat, FXGuys offers real utility, ranging from AI-driven trading tools and a unique Trader Funding Program that gives traders access to $500,000 in capital. With its presale surging and early investors seeing massive gains, could $FXG be the next big investment plan for crypto traders? Let’s find out.
Panic Among Meme Coins as Dogwifhat Whales Sell: What’s Next for WIF?
A recent report shows Dogwifhat is facing intense selling pressure as its price plunged below the critical $1 support level, dropping from $1.35 to $0.74 in just a week. This decline reflects a significant 35% decline.
This breakdown triggered $1.98 billion in liquidations, according to CoinGlass, with whales leading the sell-off. Large WIF holders reduced their positions by 20% this week, signaling a decline in confidence.
The loss of the $1 support level opens the door for further downside, with the next key support at $0.51, according to Ali Martinez. While the Relative Strength Index (RSI) is in the oversold zone, suggesting a potential short-term bounce, any recovery attempt will face strong resistance at $1. Analysts warn that until WIF reclaims $1 as support, the bearish sentiment will persist.
However, sustained recovery depends on broader market stability and WIF regaining key support levels. For now, Dogwifhat remains susceptible to further declines, highlighting the risks of investing in meme coins.
On a broader scheme, Dogwifhat investors are quietly purchasing the $FXG token after their massive sell-off of WIF over the week. Here’s why the new DeFi coin is gaining their confidence ahead of Dogwifhat!
Crypto Trading Gem: Why Investors Are Quietly Buying Up FXGuys in Bulk!
In a bearish market where whales are panic selling, FXGuys provides a profitable solution for whales and crypto traders at large.
Slowly garnering attention in the crypto trading market, FXGuys combines advanced trading tools, AI-driven analytics, and social trading to help users make the best trading decisions in an active market. This, in turn, places FXGuys at the top of the list as the best crypto trading platform.
One of FXGuys’ most compelling features is the Trader Funding Program. This feature allows users to prove their skills by completing certain challenges and, in turn, gain access to funded accounts with up to $500,000 in trading capital.
In fact, traders with access to this capital funding get to keep 80% of their profits earned. Apparently, this feature has attracted retail and institutional traders.
With respect to traders for all levels of experience, the FXGuys platform provides a unique program called social trading. In this program, FXGuys gives users the opportunity to learn from professional traders and replicate their successful strategies. This means that without any experience, you can still be profitable on FXGuys.
The FX Guys platform also supports over 100 local currencies, enabling seamless fiat and crypto transactions, further enhancing its global appeal.
With its unique mix of real-world utility, profitability, and cutting-edge technology, FXGuys is the preferred choice for investors seeking recovery and growth in a volatile market. This explains why savvy investors are quietly accumulating $FXG, betting on the platform’s long-term potential.
WIF Whales Shift Focus to $FXG as the Presale Gains Heat Up
As Dogwifhat experiences fluctuations in its price, FXGuys is emerging as a more stable and lucrative investment alternative, thanks to its ongoing presale and robust ecosystem.
FXGuys’ native token, $FXG, is at the heart of its appeal with increasing demands. Currently, in Stage 3 of its public presale at $0.05, $FXG offers you the chance to secure up to 100% gains by the end of its presale. Early investors have already seen returns of up to 400%.
The FXGuys utility token is predicted to rise in price through each presale stage. With this bullish momentum, $FXG is set to rise over 10,000% after its launch.
Unlike Dogwifhat, which is just among the list of meme coins without utility, $FXG powers the entire FXGuys ecosystem with its self-sustaining model. Holders of $FXG can use the token for purchasing challenges, subscriptions, payment of transaction fees, and staking.
As Dogwifhat whales seek stability and growth, FXGuys is becoming their go-to choice for recovering the losses. Join the FX Guys presale today and secure your $FXG tokens before the next presale stage begins!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit