A crypto pundit has predicted that Shiba Inu (SHIB) is on the verge of an explosive price surge after plummeting in the days prior. This forecast comes as FXGuys ($FXG), a new crypto ICO, shows signs of a rally that can boost its value by 200%.
As the focus shifts to both coins, it remains to be seen whether the meme coin is a better alternative than the prop trading company token. Let’s find out what’s ahead for these two altcoins in the near future!
An Expert Says Shiba Inu’s SHIB is Set to Fly After the Dip
Based on a recent technical analysis, Shiba Inu, the second-largest meme coin, might be on the brink of an upsurge after giving off indications of a rebound. This analysis, shared by a technical analyst, has set a target for SHIB.
Real Crypto Roy, a technical analyst, posted this analysis on TradingView on January 15, 2025, noting that SHIB was ready to fly to new highs. The analyst wrote that SHIB’s first major 2025 milestone would be to surpass $0.000025 to confirm this bullish projection.
Reclaiming the indicated price point will set the stage for Shiba Inu to break towards the next resistance level, which is $0.000033. This level is critical to SHIB, given that it was attained during a booming period when demand was at a notable high.
Therefore, breaking above this level with a strong trading volume could catapult the meme coin to new price levels. While SHIB is up 6.54% to $0.000022 over the week, Bitcoin’s performance and dominance in the coming days will determine whether it can maintain this trend.
FXGuys Aims to Enrich Investors With Its Prop Trading Company
Although the crypto landscape is extremely volatile, it is still a breeding ground for incredible opportunities. One of these opportunities is FXGuys, a prop trading company developed on the Ethereum blockchain.
Like any other trading firm, this prop trading company offers users access to specific markets and asset classes. However, in FXGuys’ cases, users can access several markets simultaneously, making it possible to diversify and explore without difficulties.
Some of the markets available within the prop trading company include stocks, FX, crypto, indices, and commodities. With assets from these markets tradable on FX Guys, it becomes easy for market participants to create a diversified portfolio.
Now, FX Guys recognizes the need to capitalize on opportunities immediately, as they are often brief. As such, it provides the resources that market players require to take advantage of them when they show up.
One of these resources is cash flow. Lack of funds is usually the primary reason people cannot capitalize on opportunities. FX Guys aims to change this.
Market participants can raise sufficient capital to trade by participating in its Trader Funding Program. This program can help them access a starting capital of $200,000, which can be raised to $500,000, provided their performance improves with time.
The best part of this is that traders get to keep 80% of the profits they make, which will be deposited into their Web3 wallets. They can withdraw their earnings in over 100 fiat currencies or crypto.
The FX Guys prop firm also rewards traders’ market participation with its native token, $FXG. Through its Trade2Earn program, every trader will receive $FXG tokens after completing a trade.
$FXG holders can stake their tokens to earn more tokens. This strategy can be a way to multiply their holdings and earn passively. Moreover, it also gives them the privilege to share up to 20% of the FXGuys platform’s annual revenue.
$FXG: The New Crypto ICO Poised to Soar 200%
$FXG is a utility token, i.e., it has an intrinsic value that sets it apart from a speculative asset like SHIB. Given its role in the FX Guys ecosystem, its adoption is tied to that of the prop trading company.
Although $FXG is not trading officially yet, the new crypto ICO is available for purchase at $0.04 per token in Stage 2 of its public presale. Buying the tokens now will guarantee investors receive a 150% ROI when $FXG launches on exchanges at $0.10.
Experts, however, believe that based on its adoption rate, the token price could easily rise 200% from its current price by the time it goes live on exchanges. Hence, the new crypto ICO is one to not only keep an eye out for but also add to one’s portfolio.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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