The crypto market is trading up at the moment, thanks to the Bitcoin spike. Ripple (XRP) and Sui (SUI) were in notable declines at the start of the week, but both top altcoins are back in contention for the best cryptos to buy now, according to one expert crypto trader.
What’s surprising is that the expert has pointed to FXGuys ($FXG) as another new prospect joining the duo as the best crypto investments. He also highlights the new Defi project’s appeal to traders as its selling point and catalyst for a 1000x surge.
Top Altcoins Watch: SUI Eyes Another ATH?
The Sui token was in everyone’s hearts for September and most of October, as the ecosystem benefited from its developments and hype as one of the top DeFi coins. Apparently, the token entered into reverse trading, losing a substantial part of its ATH to trade at $1.65.
Further analysis showed that SUI was probably in a correction mode, albeit one that included some profit-taking. But only days later, the SUI token seemed to reverse the trend again.
The token price is back above $2 following a 17% rally late on Tuesday, October 29, 2024. The Total Value Locked moved up from $892 million over the billion mark, and, with rising activity among top DeFi coins, the SUI price rose alongside. Now, the outlook in the short and long run is strongly bullish for Sui.
FXGuys Matches Top DeFi Coins Energy With PropFi
It might be a relatively new concept, but proprietary finance is one of DeFi’s captivating aspects. It addresses a key trader issue—opening capital—and FX Guys is offering a rather interesting mix of features to go with it.
We have PropFi applications on FXGuys in the Trader Funding program. Here, traders are tested through a simulation challenge—that comes in presale Stage 4—to check for their competence and ability to deliver profits consistently. In the end, only the ones who pass the objectives will be listed for funding.
Funding could reach $500,000, depending on the trader’s expertise and capacity. The idea is simple: offer competent traders the funding they need to achieve massive profits. The best part? Traders get about 80% of the profits, and that’s the lowest any trader selected for the program can earn.
However, the FX Guys project is not only for traders. In fact, the FXGuys platform caters almost equally to those who are not inclined toward the risks of trading.
For them, the staking option is an attractive and effective way of getting your ROI from $FXG. Staking rewards are pegged at 20% APY, one of the highest in the crypto-verse, and you can pull the plug whenever you want after the lock-down period.
FXGuys’ extra features, like lightning-fast payout systems and payout options—fiat and cryptocurrencies—make the blockchain trading platform a top choice among traders. And it’s not even launched yet.
Ripple CTO Reiterates XRP Relevance in the Ecosystem
Ripple’s XRP is one of the top altcoins that has fallen on hard times lately, especially given its long legal battle with the SEC. The XRP token dipped after getting rejected at the $0.55 level on Tuesday, October 29, 2024, but it seems to be recovering.
Previously, analysts had a bearish outlook for XRP’s short-term future, with the possibility of even falling to $0.48. The Ripple price is up now, trading at $0.53, almost 2% up on the intraday time frame.
XRP holders also previously felt the importance of the Ripple token tanking on the ecosystem, but statements from the Ripple CTO, Daniel Schwartz, have cooled the concerns. The current XRP run could even test the $0.60 psychological support.
The $FXG Presale 233% and 1000x Gains For Short and Long-Term Investors
There’s a buzz everywhere on the crypto market with the bull run around the corner. $FXG tokens are suddenly important among traders and even holders. Many experts believe the FXGuys token can do a 1000x post-launch pump, given how the project is expected to become popular among traders
$FXG is worth $0.03 in Stage 1 of the public presale, with a potential 233% ROI by launch day when the price goes up to $0.10. The post-launch ROI potential is great, and the presale offers an impressive profit opportunity in the short term.
To find out more about FXGuys, follow the links below:
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