dexwhale Acquires Meme Token $FUXI, Plans Utility Transition

In
a
surprising
move,
prominent
crypto
influencer
dexwhale
has
announced
the
acquisition
of
a
significant
portion
of
the
circulating
supply
of
the
meme
token
$FUXI.
The
acquisition
was
revealed
via
a
series
of
tweets,
sparking
immediate
speculation
and
excitement
within
the
crypto
community.

dexwhale’s
acquisition
signals
a
departure
from
the
purely
speculative
nature
of
most
meme
tokens.
In
subsequent
tweets,
dexwhale
outlined
plans
to
transition
$FUXI
into
a
utility
token,
emphasizing
a
shift
towards
real-world
applications
and
a
sustainable
ecosystem.

Key
Takeaways:

• 
  Acquisition
  of
  Significant
  Stake: dexwhale
  acquired
  a
  substantial
  portion
  of
  the
  circulating
  $FUXI
  supply,
  solidifying
  their
  position
  as
  a
  major
  stakeholder
  in
  the
  project.

• 
  Utility
  Token
  Transition: The
  focus
  will
  shift
  towards
  developing
  practical
  use
  cases
  for
  $FUXI,
  potentially
  through
  integrations
  with
  decentralized
  applications
  (dApps),
  community-driven
  initiatives,
  or
  real-world
  partnerships.

• 
  Community
  Engagement: dexwhale
  has
  pledged
  to
  actively
  engage
  with
  the
  $FUXI
  community,
  soliciting
  feedback
  and
  incorporating
  community
  input
  into
  the
  token’s
  future
  development.

Impact
on
the
Crypto
Market:

The
dexwhale
acquisition
of
$FUXI
has
the
potential
to
significantly
impact
the
meme
token
landscape.
By
transforming
a
purely
speculative
asset
into
a
utility
token,
dexwhale
could
set
a
new
precedent
for
meme
coin
development
and
attract
a
wider
range
of
investors.

About
dexwhale:

dexwhale
is
a
prominent
figure
in
the
cryptocurrency
space,
known
for
their
influence
and
significant
holdings
in
various
cryptocurrencies.

https://dexwhale.io


[email protected]

About
$FUXI:

Where
can
you
buy
Fuxi
Dragon?

FUXI
tokens
can
be
traded
on
decentralized
exchanges.
The
most
popular
exchange
to
buy
and
trade
Fuxi
Dragon
is PancakeSwap
V3
(BSC),
where
the
most
active
trading
pair
FUXI/WBNB
has
a
trading
volume
of
$138.44
in
the
last
24
hours.

What
is
the
daily
trading
volume
of
Fuxi
Dragon
(FUXI)?

The
trading
volume
of
Fuxi
Dragon
(FUXI)
is
$138.44
in
the
last
24
hours,
representing
a
-90.90%
decrease
from
one
day
ago
and
signalling
a
recent
fall
in
market
activity.

What
is
the
all-time
high
for
Fuxi
Dragon
(FUXI)?

The
highest
price
paid
for
Fuxi
Dragon
(FUXI)
is
$0.0006568,
which
was
recorded
on
Dec
31,
2024
(20
days).
Comparatively,
the
current
price
is
97.30%
lower
than
the
all-time
high
price.

What
is
the
all-time
low
for
Fuxi
Dragon
(FUXI)?

The
lowest
price
paid
for
Fuxi
Dragon
(FUXI)
is
$0.00001225,
which
was
recorded
on
Jan
15,
2025
(5
days).
Comparatively,
the
current
price
is
44.89%
higher
than
the
all-time
low
price.

What
is
the
fully
diluted
valuation
of
Fuxi
Dragon
(FUXI)?

The
fully
diluted
valuation
(FDV)
of
Fuxi
Dragon
(FUXI)
is
$14,675.29.
This
is
a
statistical
representation
of
the
maximum
market
cap,
assuming
the
maximum
number
of
1
Billion
FUXI
tokens
are
in
circulation
today.
Depending
on
how
the
emission
schedule
of
FUXI
tokens
are
designed,
it
might
take
multiple
years
before
FDV
is
realized.

How
does
the
price
performance
of
Fuxi
Dragon
compare
against
its
peers?

With
a
price
decline
of
-3.20%
in
the
last
7
days,
Fuxi
Dragon
(FUXI)
is
underperforming
the global
cryptocurrency
market which
is
up
12.60%,
while
underperforming
when
compared
to
similar BNB
Chain
Ecosystem cryptocurrencies
which
are
up
0.00%.

How
to
add
Fuxi
Dragon
(FUXI)
to
MetaMask?

Adding
Fuxi
Dragon
(FUXI)
to MetaMask allows
you
to
view
your
token
holdings,
trade
on
decentralized
exchanges,
and
more.
To
add
them,
you’ll
need
to
import
FUXI
as
a
token.
You
can
copy
FUXI’s
contract
address
(0x0781552e3c597b14e146b8589f322a751e90e904)
and
import
it
manually,
or
if
you’ve
installed
MetaMask’s
chrome
extension,
add
FUXI
to
MetaMask
with
one
click
on
CoinGecko.

Disclaimer:

This
press
release
is
for
informational
purposes
only
and
should
not
be
construed
as
financial
advice.
Investing
in
cryptocurrencies
carries 1 significant
risks,
and
investors
should
conduct
thorough
research
before
making
any
investment
decisions.