Dogecoin Latest Updates: BlockchainFX Claims 500x Returns—Will Practical Applications Surpass Meme Coin Hype?
- Crypto whales are shifting focus to utility-driven projects like BlockchainFX (BFX), which raised $9.7M in presale and targets 500x ROI by 2025, as meme coins like Dogecoin and Shiba Inu lose momentum. - BlockchainFX's hybrid platform integrates crypto, stocks, forex, and commodities trading with a deflationary staking model, offering real-world utility via its BFX Visa Card and 30% presale bonus. - Institutional backing and traditional finance integration (e.g., Visa's stablecoin initiatives) highlight
Major crypto holders are shifting their focus from speculative
Although Dogecoin and Shiba Inu were once at the forefront of speculative crypto trading, their growth has stalled. Dogecoin remains around $0.13, with its value mainly influenced by market sentiment rather than actual utility, as noted by Coindoo. Shiba Inu’s price swings highlight its dependence on community-driven speculation. Experts point out that these coins lack robust infrastructure and practical use cases, prompting investors to seek out platforms like BlockchainFX, which merges DeFi advancements with traditional finance (TradFi) features, according to
BlockchainFX is taking advantage of this trend by offering a hybrid platform that supports trading in cryptocurrencies, stocks, forex, ETFs, and commodities—all accessible through a single decentralized application, as detailed in the Coindoo article. This “super app” approach, along with a staking system that distributes 70% of transaction fees to rewards and buybacks, establishes a deflationary structure aimed at increasing long-term value, according to Coindoo.
The BFX Visa Card,
BlockchainFX is close to reaching its $10 million soft cap, with tokens expected to be listed at $0.05—a 78% increase from the current price, as noted by FinanceFeeds. Other projects, such as DeepSnitch AI (DSNT) and BlockDAG, are also drawing interest, with DSNT forecasting 500x returns through AI-powered market insights, according to
Institutional players are also joining the trend, with Galaxy Digital’s strong Q3 results—adjusted EPS of $1.12, well above forecasts—demonstrating rising interest in crypto infrastructure, according to
Despite the positive outlook, some warn that early-stage projects carry significant risks. Projects like Pepenode and SpacePay, though innovative, are under scrutiny regarding their roadmaps and technical audits, as
As BlockchainFX’s November 26 Genesis Day approaches, its ability to sustain momentum and fulfill its promises of utility will be key to its standing in the crypto sector, according to the LiveBitcoinNews article. With both large and small investors hoping for strong returns, the next few months will be crucial in determining if BlockchainFX can achieve the kind of success seen by platforms like Binance or
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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