FXGuys ($FXG), a new crypto ICO, is gaining traction among cryptocurrency investors in search of the next huge pump after Sui (SUI) and Solana (SOL) register notable surges. The DeFi token is shaping up to become the best investment alternative, given its potential to disrupt the investment landscape alongside the DeFi sector with its proprietary finance features.
Here, we will outline $FXG’s growth prospect and the role its PropFi firm will play in improving DeFi!
FXGuys: Crypto ICO Enters Investors’ Radar as a DeFi Token With Huge Potential
Investors have discovered a crypto ICO coin that they believe has the potential to soar parabolically in the manner of SUI and SOL. This DeFi token called $FXG is a native token of the FXGuys platform, a proprietary trading platform where any financial instrument can be traded sans buy and sell taxes.
FX Guys distinguishes itself from other trading platforms in several ways, such as faster payouts, the provision of advanced trading tools, risk management tools, and AI. These features make it one of the best prop firms in the crypto sector.
Moreover, the FX Guys platform features programs aimed at making trading accessible and rewarding to traders of all backgrounds. For instance, its Trader Funding Program, which is a development scheme, aims to bankroll traders with funds to trade.
After participating in a series of trading challenges, successful traders will be handed accounts funded with over $200,000 to exercise their strategies in the real market. FXGuys intends to ensure that traders are not prevented from reaching their full trading potential because of limited or no capital.
To encourage platform use, the FXGuys Trade2Earn program ensures that traders receive $FXG tokens as compensation for every trade undertaken, regardless of the outcome. The tokens will be credited to individual wallets and can be used to access more rewards.
Besides trading, another way to generate revenue on FX Guys is by staking $FXG. Stakers will be entitled to almost 20% of the income generated by the platform annually. This can serve as a steady passive source of income, including for non-traders.
Presently, $FXG is in its presale, drawing attention because of its impressive record. As it prepares for its exchange debut, the DeFi token is seen as the next huge pump behind SUI and SOL.
SUI Reaches a Record High Above $3.12
On November 10, 2024, SUI crossed the $3.12 level, soaring to a new price high. The all-time high was attained after a 30% increase in the coin’s price.
Notable upticks in crucial indicators fueled SUI’s impressive price action. For instance, the SUI team took to X on November 8 to reiterate a post from Blockworks outlining the Sui wave.
Blockworks revealed several developments within the Sui ecosystem, such as DEX volumes, transaction fees, and TVL reaching record highs over the past months. In October, Sui’s monthly DEX volume skyrocketed by nearly $5 billion, hitting an all-time high.
The blockchain’s native USDC surpassed a $100 million valuation on November 8, less than two months after its official launch. SUI followed suit, increasing its market value by 67% to $3.15, and additional gains are underway.
Solana Sparks Hope for Investors After Smashing $200
Solana is resuscitating investor optimism after crossing the $200 mark and emerging as one of the top-performing layer-1 cryptocurrencies last week. Scaling the $200 suggests that the bulls are in control, implying higher prices in the near term.
Rekt Capital, a well-known analyst, opined that SOL making it past $200 indicates the end of a bearish stretch and the beginning of a bullish run. However, the analyst’s condition for the asset to initiate the suggested rally is contingent on it closing the week above $202.
Several technical indicators, including the 50-day and 100-day EMAs, support SOL’s current bullish outlook. The asset’s current position above these levels indicates that it is primed for a meteoric rise to astoundingly high points.
Also, the MACD line on SOL’s chart has climbed over the signal line, further strengthening the bullish purview. SOL now trades for $205 following a 26.84% weekly rise in its market value.
Investors Believe $FXG Could See the Next Huge Pump After SUI and SOL
Investors are keeping their gaze on $FXG, with hopes that it will be the next huge pump after SUI and SOL. While $FXG is still in its presale, the crypto ICO has left an exciting impression on investors, especially participants of its private sale.
Those who joined its private round have made more than 100% of their initial capital. With the DeFi token now in its public round, trading at $0.03 in Stage 1, investors can boost their returns up to 233% by the final stage when the price hits $0.10.
According to experts, $FXG will soar parabolically after its exchange listing, considering the supercycle may have begun. They expect up to 5,000% returns from the DeFi token, presenting it as the next huge pump to look out for.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
