Meme Coins Dogecoin And Dogwifhat Show Great Bounce, But Experts Expect Rotation To Utility Coins

Memecoins like Dogecoin (DOGE) and Dogwifhat (WIF) have recently shown impressive rebounds, capturing the attention of investors and enthusiasts alike. However, despite their notable performance, industry experts forecast a significant shift towards utility tokens such as $FXGuys ($FXG) and Near Protocol (NEAR).

So, the question is, how are these digital assets performing against each other? Continue reading to find out!

Dogecoin Faces 16.67% Dip Post-QED’s Opcode Proposal

On July 29, 2024, QED, a cutting-edge zero-knowledge blockchain protocol, unveiled an exciting new opcode proposal for Dogecoin named OP_CHECKGROTH16VERIFY.

This innovative proposal is designed to revolutionize DOGE by enabling trustless scaling, improving smart contract capabilities, and boosting support for decentralized applications (dApps).

What was Dogecoin’s reaction to the same? By September 10, DOGE had shifted from $0.12 to $0.10, signifying a 16.67% downturn. With that said, industry experts anticipate a rebound, with their projections pointing to a DOGE value of $0.23 by the close of Q4 2024, marking a 130% increase from $0.10.

WIF Sees a 5.81% Spike After Whale Invests $1 Million in Dogwifhat

August 30, 2024, witnessed a prominent investor in the WIF memecoin take a significant financial step by borrowing $1.4 million USDC from Kamino, Solana’s platform for lending, borrowing, and leveraging.

This whale then invested $1 million USDC to acquire 643,832 Dogwifhat tokens, each priced at $1.55. The whale’s holdings currently include 28.66 million WIF tokens, valued at $44.13 million.

In reaction to this news, WIF exhibited a 5.81% jump as it moved from $1.55 to $1.64 by September 10. Analysts believe this bullish trajectory will prevail for the rest of 2024, with WIF exchanging hands at $5.59 to display a 240.85% uptick from $1.64.

FXGuys Unveils $FXG Token with a 567% ROI Potential

FXGuys is not just a trading platform but your ticket to a thrilling trading adventure. Imagine having up to $200,000 in trading capital at your disposal, all while stacking up on $FXG tokens with every trade you make, thanks to FXGuys’ ingenious Trade2Earn model.

As a community-driven hub, FXGuys blends DeFi transparency with crypto payments and unique rewards to elevate your trading game.

Moving away from that, FXGuys’ $FXG token value, like other digital assets, dances to the tunes of supply, demand, and market conditions. But fear not; the platform’s smart tokenomics are designed to keep $FXG in demand and boost its value over time.

With Trade2Earn, whether winning or learning, you’re earning $FXG tokens that you can trade in for perks like lower profit targets or higher drawdown limits. The more you trade, the more you gain—turning each trade into a step forward in your trading journey.

$FXG is in its private sale stage, where tokens are priced at $0.015. If analyst projections are anything to go by, the value may skyrocket to $0.10 by the time $FXG goes live, exhibiting a 567% ROI.

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$FXG Outshines DOGE and WIF: The Future of Crypto Trading!

While DOGE and WIF have made waves in the crypto world, $FXG is a superior choice for savvy traders. Despite its revolutionary OP_CHECKGROTH16VERIFY proposal by QED, DOGE has recently faced a 16.67% dip, reflecting market uncertainty. On the other hand, WIF saw a modest 5.81% price increase following a whale investment, yet its long-term outlook remains speculative. 

Then comes $FXG—an innovative token from FXGuys that promises immediate rewards and significant future potential. FXGuys’ Trade2Earn model enables traders to earn $FXG tokens with every trade, improving trading strategies with perks like lower profit targets and higher drawdown limits.

With the crypto market rapidly changing, we believe FXGuys will establish itself as a major market player with the $FXG token spearheading the next crypto bull run!

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