The latest data from IntoTheBlock shows that large-scale transactions in Shiba Inu (SHIB) have increased by over 361%. The number of USD transactions went from $10.95 million to $39.6 million. As a result, the total amount of SHIB that went out increased from $628.55 billion to $2.34 trillion tokens.
Amid the spike in SHIB transactions, a new project, FX Guys ($FXG), has been shaking the crypto industry with its features. This new DeFi crypto project has been booming in the market by introducing a Trade2Earn program. Investors have gained confidence in this project, which has made them purchase the tokens in large quantities.
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This article explores why investors purchase FX Guys tokens in bulk and why Shiba Inu is surging in whale activity.
Shiba Inu (SHIB): Netflow Metric Shifts To Negative
The recent spike in SHIB transactions indicates that large investors, or “whales,” are showing renewed interest. This raises the question of why these movements are happening in the popular meme cryptocurrency. Unfortunately for SHIB enthusiasts, the overall flow trends hint at a bearish sentiment.
During this period, the Large Holders Netflow metric shifted from a positive inflow of 79.95 billion SHIB to a negative outflow of 575.3 billion SHIB. This shift suggests that large holders might be selling rather than accumulating SHIB. The surge in whale activity points to a bearish tone in SHIB transactions based on current on-chain data.
FX Guys ($FXG): A Blockchain Trading Platform With Unique Presale Result
FX Guys is making waves in the crypto space as a proprietary trading company that offers access to various trading assets. The presale has been phenomenal, attracting investors to buy the tokens. In its private round alone, the FX Guys raised over $1 million, selling 68 million tokens.
In its first stage of public presale, over 121 million tokens have already been sold. This achievement makes it a hot target for investors seeking the most promising crypto project. Early investors are grabbing tokens in large quantities at just $0.03, with the price set to up-list to $0.10 upon launch.
A significant part of FX Guys’ appeal is its Trade2Earn program, a reward initiative that encourages active trading. Users earn tokens on this blockchain trading platform with every trade, whether they win or lose. This feature brings a unique edge to FX Guys, as traders are directly rewarded for engaging with the platform.
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FX Guys ($FXG): A Staking Platform Offering Profit
FX Guys’ innovative staking mechanism is one remarkable feature that ensures its ecosystem’s long-term sustainability. This setup allows token holders to earn up to 20% annual profits based on their pool stake. This staking process does more than just reward holders; it keeps tokens circulating for trading, making it the most promising crypto model.
FX Guys also has a Trader Funding Program. With this program, skilled traders who pass FX Guys’ trading challenges can secure accounts funded with up to $500,000. This blockchain trading platform allows traders to enjoy an 80/20 profit split in their favor.
Conclusion
In a space flooded with emerging projects, FX Guys has proven its worth. Its comprehensive ecosystem, from staking rewards to trader funding, makes it the best proprietary trading company with immense growth potential. With investors buying up tokens in bulk, FX Guys is on track to become a dominant force in the crypto and forex markets.
To find out more about FX Guys follow the links below:
Website | Whitepaper | Socials | Audit
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Source: https://www.cryptonewsz.com/shiba-inu-361-whale-fxguys-boom-investor-token/