RWA projects have been quite successful in the past, with institutional investors like BlackRock showing interest in coins like ONDO Finance and MANTRA (OM). Even though the RWA sector still has the potential to go to great lengths, experts say that a new Web3 trading platform will take precedence and go on an extended rally way before the RWA sector moves again.
This new Web3 trading platform is none other than FXGuys ($FXG), a new project that blends DeFi, PropFi, and TradeFi to bring fair trading terms and an innovative trading platform to traders worldwide.
ONDO Finance Slips Below $1 Billion Market Cap: What’s Next?
A few weeks back, many crypto experts stated that ONDO Finance and other RWA tokens would suffer if the Fed cut interest rates. Fast forward to mid-September, and that’s exactly what happened, with the Fed cutting 50 BPS and ONDO Finance slipping below a $1 billion market cap.
Even though ONDO Finance suffered a dip after the interest rate cut, it still managed to stay in the green on its monthly chart, increasing in value by 14.63% in the past 30 days. Now, ONDO Finance is trading around the $0.708 mark, and analysts expect ONDO Finance to range between $0.552 and $1.092 for the rest of the year.
If these levels are respected, this would put $0.555 and $0.595 as the best areas to buy ONDO Finance this year. As for the future, experts say that ONDO Finance can go up to $2.222 if the RWA narrative heats up again, which would mark an ROI of 300% from ONDO Finance’s optimal buying areas.
MANTRA’s Technical Indicators Point to More Gains
When we look at MANTRA’s monthly chart, we’ll see that OM, MANTRA’s native token, is doing much better than ONDO Finance at the moment, as OM has surged by over 35% in the past 30 days. The MANTRA community is also quite bullish on OM, and OM’s technical indicators are showing that it will outperform ONDO Finance in the months to come.
It’s worth mentioning that MANTRA was one of the best-performing altcoins of 2024, soaring by over 2,000% in 2024 alone. After reaching its ATH of $1.31, OM has since then corrected, trading around the $1.29 level at press time. With that said, crypto analysts are bullish on MANTRA, expecting it to continue its upward streak in the near future.
One of the reasons why experts are bullish on OM is because MANTRA has hinted at a mainnet launch this month, as well as MANTRA having the best staking rewards in the industry right now. Also, OM’s ADI rose to 33, which indicates that OM has a strong bullish trend right now.
If all goes to plan, experts say that OM can reach $1.41 soon, which would mark a 9% increase from its current price.
FXGuys: The New Web3 Trading Platform That Will Outperform ONDO and MANTRA This Year
FXGuys is not your regular Web3 trading platform. Not at all. It is an innovative project that fuses DeFi, PropFi, and TradFi to allow traders from all over the world to trade a wide range of assets with the utmost privacy and security. Also, it brings something that the trading market desperately needs – fair terms and transparent services.
Namely, with FXGuys, traders will be able to trade their favorite assets without completing any KYC requests, and without risking their own money. Instead, they can purchase a funded account of up to $500,000 and maximize their profits without touching their own capital. Also, they’ll get to keep 80% of their earnings, with only 20% going to FXGuys for providing the capital the traders need.
What’s more, traders have no withdrawal limits, and they’ll get same-day payouts in either crypto or fiat – whichever suits them best. So, fair terms and transparency are something that will soon become synonymous with FXGuys.
FXGuys also offers great options for investors, allowing them to stake their $FXG tokens and get double-digit % APY in return. FXGuys users will also have access to a profit share from trading fees, spreads, the trader funding program, and more. Speaking of which, investors can also fund traders directly and get a share of the profits in return.
Buy $FXG and Watch It Soar as It Starts Trading on Exchanges
$FXG is your way of getting into FXGuys early and reaping all the benefits it offers. With the extremely lucrative opportunities that FXGuys offers for traders and investors, experts say that $FXG will experience an explosive rally once it starts trading on exchanges, with 100x returns being only the beginning for this token.
At the moment, $FXG is in Stage 1 of its public presale, available for $0.03. Over 74 million $FXG tokens have already been scooped up by investors, and once $FXG hits exchanges, experts expect it to skyrocket and make life-changing returns for early holders.
To find out more about FXGuys follow the links below:
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