A new market player has entered the crypto space, capturing the attention of experts and investors alike. Boasting innovative use cases and strong community support, this DeFi coin is hailed as a game-changer in the crypto world. As such, market participants believe this presale token could outperform Solana (SOL) and Ethereum (ETH) this cycle.
Could this DeFi coin meet expectations to outrun SOL and ETH? Let’s find out!
Experts Express Optimism About the FXGuys Proprietary Trading Company
Crypto pundits are reacting positively to the recent unveiling of the FXGuys ($FXG) proprietary trading company because of its potential ability to disrupt the investment landscape. The PropFi platform’s innovative features and solutions have garnered significant interest from investors across the globe.
Key features of the FX Guys proprietary trading company include an unrestricted Trader Funding Program, a consistent Trade2Earn model, and a lucrative staking mechanism. Every one of these programs is designed to benefit users in far-reaching ways.
For instance, the FXGuys Trader Funding Program is an initiative geared towards equipping traders with funds to operate in the market at a scale typical of institutional investors.
With up to $500,000 accessible to successful applicants, they can enter any section of the financial market and explore their abilities without risking personal funds.
The firm’s staking mechanism is designed to ensure that $FXG holders are highly rewarded for committing their holdings to the growth of the FX Guys ecosystem. Staking $FXG qualifies stakers for up to a 20% APY.
Also, to boost $FXG’s use cases, the proprietary trading company compensates traders with $FXG tokens for every trade, thanks to its Trade2Earn model. Whether the trade was a win or a loss, the tokens will be sent directly into traders’ wallets.
Analyst Says Solana is Flashing a Buy Signal
Prominent crypto expert Ali Martinez has called attention to a buy signal on the Solana chart in his latest post on X.
Taking to the microblogging platform on December 23, 2024, Ali noted that the TD Sequential indicator on SOL’s daily chart is signaling an opportunity for investors to begin accumulating the asset before the next leg-up.
Looking at SOL’s chart, the altcoin had recently just rallied from a lower support level to a higher support zone at the 200-day Exponential Moving Average (EMA). Whatever happens at this level will determine whether SOL will swing high or low.
Over the past two days, SOL has been consolidating in a tight range between $175 and $188. If the 200-day EMA level holds, the Solana coin could rise 30% to $240 soon.
However, this projection pales in comparison to $FXG’s short-term projection. This week, Solana has lost 18% of its market value, dropping to $185, which is its current price.
Ethereum Encounters Volatility Despite Rising Optimism
Ethereum continues to battle market volatility even amid rising optimism among investors. Recent data shows that ETH’s Estimated Leverage Ratio has climbed to its highest point, indicating increased confidence in the asset’s potential.
CryptoQuant also provided interesting information, showing investors are willing to increase their exposure to Ethereum despite the current market conditions. In a December 23, 2024, post on X, the analytic firm highlighted four key metrics, painting a bullish picture of Ethereum.
These metrics include the increased Estimated Leverage Ratio, stable funding rates, increased institutional inflows, and continuous market participation. While these metrics suggest Ethereum may soon experience a price reversal, another DeFi coin is poised to steal the show from ETH.
Nonetheless, market participants expect Ethereum to hit $5,000 before this cycle ends, indicating a 44.5% potential increase in its current price. ETH currently trades at $3,454 after a painful week in which it shed 14.14% of its value.
$FXG’s DeFi Coin Gains Traction as the Presale Token Gears Up For a 150% Rally!
The FXGuys token, $FXG, has seen vast capital inflow from crypto investors amid its ongoing public presale. As of now, $FXG has raised more than $3.1 million in its presale, showcasing increased interest among market participants.
$FXG is available for $0.04 per token in Stage 2 of its public presale. Those who invest in the DeFi coin can now make 150% gains when the presale token lists at $0.10. Experts say that $FXG can see a 100x price pump once it hits the market.
To grab all the gains on FXGuys, all you need to do is join the presale today!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit