This Altcoin Challenges Dogecoin’s Dominance With Major Whale Support

The cryptocurrency world has always been an area of surprise because every now and then a new contender steps in to take on the existing ones. In terms of the most popular memecoins, Dogecoin (DOGE) has been on the top for a number of years. However, there is a new altcoin FXGuys ($FXG) on the radar of the major crypto whales and it is promising to be a strong contender against Dogecoin’s dominance.

The cryptocurrency market is known for its surprises, with new contenders emerging to challenge the established players. In the realm of memecoins, Dogecoin (DOGE) has reigned supreme for several years. However, a new altcoin, FXGuys ($FXG), is quickly gaining attention from major crypto whales and promising to rival Dogecoin's dominance.

FX Guys boasts a Trader Funding Program, staking rewards, and a unique Trade2Earn model, setting it apart from other high-potential altcoins. These features cater to professional traders and investors, enabling the coin to grow rapidly. Notably, analysts predict that FX Guys could surpass Dogecoin's success in the market.

Currently, FXGuys is in Stage 2 of its presale, with coins available at a DeFi coin price of $0.040. The presale has already raised over $3.3 million. Let's explore the FXGuys coin further to understand why it's gaining recognition among whales.

Staking $FXG Offers A Rewarding Opportunity for Long-Term Investors

Unlike Dogecoin, which relies on hype to promote its memecoin, FX Guys provides guaranteed benefits to its users, allowing them to earn money through the coins. Being one of the best DeFi coins for passive income searchers, $FXG token holders can stake their assets and earn up to 20% of the trading volume generated by the broker. This staking strategy may help $FXG compete with the memecoin in terms of popularity by generating upward price pressure as more traders opt for the coin.

Trader Funding Program Empowers Skilled Prop Traders for Success

FX Guys' Trader Funding Program is revolutionizing proprietary trading. In contrast to Dogecoin, which has no intrinsic trading value, FX Guys provides retail traders with access to accounts with up to $500,000 in trading capital. Being one of the top proprietary trading firms in the cryptocurrency market, FXGuys offers traders an 80/20 profit share if they meet performance targets. This program is expected to attract skilled prop traders seeking substantial funding and profit-sharing opportunities, which will increase demand for the $FXG token.

Trade2Earn Rewards Active Traders

Another way FX Guys differs from Dogecoin is through its Trade2Earn program, which rewards users with additional $FXG tokens for each trade they complete. This model further increases the token's value, creating a bigger volume of trade and, hence, more liquidity. Whereas Dogecoin has no structured reward system in place, FX Guys actively encourages trading activity, ensuring there is always demand for this token, making it a strong competitor among the top DeFi coins.

Zero Buy/Sell Tax and KYC-Free Transactions

FX Guys imposes no buy and sell taxes, making it easier for users to trade with them on a KYC-free basis. Its no-KYC policy ensures private and decentralized trading, which is a rarity among brokerages and platforms. Dogecoin cannot match FXGuys' flexibility and accessibility, as it allows users to deposit and receive money in more than 100 currencies on the same day.

Broker-Supported Prop Firm Offering Tailored Trading Platforms

FXGuys is a broker-backed cryptocurrency prop firm that provides access to its proprietary FXGuys Trader platform and popular trading platforms, including MT5, Match-Trader, cTrader, and DXtrade. The flexibility offered by FX Guys makes it possible even for novice traders to have a fair chance to reach all of their goals. This kind of infrastructure makes FXguys a potential competitor to Dogecoin and a very unique case among high-potential altcoins in the DeFi space.

Conclusion

While Dogecoin has won the hearts of many with its meme-driven appeal among memecoins, FXGuys offers something more substantial in terms of value. With the Trade2Earn reward system, a very robust Trader Funding Program, and staking for profit sharing, FXGuys is well-positioned to give Dogecoin a run for its money in the coming market cycle.

Available for a DeFi coin price of  $0.04 and having raised over $3.3 million in its presale, FXGuys is fast finding a place among the high-potential altcoins. If traders and investors are looking for long-term growth and actual utility, FXGuys is a project worth keeping a close eye on.

To find out more about FXGuys follow the links below:

Presale | Website | Whitepaper | Socials | Audit

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