The crypto market has been on fire this November, with analysts raising expectations of massive returns from major projects. Bitcoin has greatly appreciated in price and could be headed to the $100,000 mark as retail investors’ interest keeps growing. Other altcoins are also showing early signs of exponential growth this month.
Shiba Inu (SHIB), the famous meme-based cryptocurrency, is hovering around a potential major breakout. Meanwhile, a new DeFi coin, FXGuys ($FXG), has been gaining attention due to its unique approach: a hybrid between DeFi and TradeFi. These altcoins have garnered many investors, and analysts say they are on the verge of huge gains.
This article will explore how FX Guys and Shiba Inu are positioned for substantial gain amid Bitcoin hitting $95,000 at the time of writing.
Bitcoin (BTC): Intotheblock Data Shows Increased Activity
Much of the Bitcoin market rise can be attributed to steady accumulation by whales. As these big players keep buying while retail investors sell on minor corrections, the price could shoot even higher. Meanwhile, retail participation is also increasing, showing growing adoption.
Interestingly enough, wallets holding at least 0.001 BTC now amount to about 55% of all Bitcoin addresses. Data from @intotheblock shows a steady increase in Bitcoin wallet addresses over time, reflecting this retail activity. With BTC crossing $90,000, analysts say it may reach $100,000.
Shiba Inu (SHIB): A Potential Rally On The Horizon
SHIB’s price has fallen 20% after rising more than 71.5% to a high of $0.00003. The meme coin has support at around $0.000024. This decrease is considered a normal correction due to the solid performance of this token during the first half of November.
Now, at this crucial juncture, one cannot help but wonder: where will SHIB’s price go next? One possibility is a bounce to $0.00003, which could signal a 23% rally in the coming weeks. Meanwhile, others even think SHIB may return to its all-time high at $0.00009, an incredible 264% rally from current levels.
FXGuys ($FXG): The DeFi Coin Designed To Reward Token Holders
FXGuys is a proprietary trading platform, making news as one of the most promising crypto projects set to see considerable gains in November. This project is exciting because it offers access to real trading capital and many assets. At the heart of this platform lies its DeFi coin, $FXG, which powers an ecosystem designed to reward token holders.
The FX Guys’ staking model offers token holders a chance to earn profits, making it one of the most popular altcoins. Unlike regular tokens that often do nothing, $FXG allows holders to stake their tokens, receiving up to 20% of yearly profits made from trading. The more tokens staked in the pool, the stronger the system becomes, with rewards paid out in the same tokens.
FXGuys takes a bold step forward by giving retail traders the chance to access a funded account with trading capital of up to $500,000. In multiple evaluations, traders can prove their skill with 80/20 profit split favoring them. With no buy or sell taxes on $FXG and no KYC requirements, it stands out as one of the most promising crypto projects.
Conclusion
With November heating up, all eyes are on $FXG and SHIB as they position themselves among the most popular altcoins. The combination of staking and innovative trader programs gives FX Guys an edge in the market. Whether you’re a trader seeking recognition or an investor looking for sustainable growth, FXGuys is the crypto to watch this Moonvember.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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