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Cryptocurrency News Articles
Bitcoin Skyrockets to $91K Following Trump’s White House Win
Nov 21, 2024 at 02:00 pm
Donald Trump’s presidential victory has released a fresh wave of optimism in the crypto trading market. The news resulted in a general market rally that sent Bitcoin (BTC) past $91,000 and doubled Dogecoin’s (DOGE) value.
Donald Trump’s victory in the recent presidential election has sparked a wave of optimism in the cryptocurrency market. The news of Trump's victory led to a general market rally, with Bitcoin (BTC) surging past $91,000 and Dogecoin (DOGE) doubling in value.
However, as established tokens like BTC and DOGE continue to dominate headlines, a new crypto project, FXGuys ($FXG), is quietly emerging with disruptive potential. As Trump's policies promise a crypto-friendly landscape, experts believe FX Guys' momentum could outpace even the most well-known names.
Bitcoin Skyrockets to $91K Following Trump's White House Win
Trump's victory was swiftly followed by a massive price increase in Bitcoin. The rally saw the price of the leading cryptocurrency climb to $91,000 on November 19. This marks a significant increase from the $68,000 price level at which the token was trading prior to the elections.
This dramatic rally is largely fueled by expectations of a more crypto-friendly administration. Trump's campaign promises, such as his plan to fire SEC Chairman Gary Gensler, have boosted investor confidence. Market experts anticipate that these moves will pave the way for a favorable environment for cryptocurrency trading.
Taking this into consideration, top crypto analysts believe that Bitcoin is on track to break the $100,000 mark in the coming weeks.
Crypto Trading Frenzy: Dogecoin Doubles After Trump's Win
Dogecoin has also seen substantial gains following Trump's victory. The memecoin's value more than doubled, rising from $0.170 on November 6 to $0.371 on November 19, 2024.
On November 13, Trump appointed Elon Musk to head the newly formed Department of Government Efficiency (DOGE). Operating outside formal government structures, this initiative is expected to advise the White House, further cementing Musk's ties to the meme-based cryptocurrency.
Musk's long-standing involvement with Dogecoin includes championing its adoption and notably suggesting it as a payment option on platforms like X. With these developments, experts anticipate that Dogecoin will maintain its upward momentum, potentially hitting $0.50 in the coming weeks.
FXGuys: A New Crypto Project Hailed as the Next Big Thing in Crypto Trading
While Bitcoin and Dogecoin experienced notable surges, FXGuys is rapidly presenting itself as the standout opportunity for both traders and investors.
With an innovative platform and a presale gaining steam, this new crypto project is positioning itself to be more than just another token.
The FXGuys platform tackles the inefficiencies of traditional finance head-on. Unlike most platforms, it eliminates KYC barriers, offering no-buy, no-sell tax trading. This makes it an ideal choice for traders who prioritize privacy and efficiency.
However, what truly sets the FX Guys platform apart is its staking program. Token holders will earn a share of 20% of profits from broker trading volume.
This will create an ecosystem where traders and investors benefit together. It's a self-sustaining model that not only rewards users but also stabilizes the token's value.
Furthermore, traders can participate in the platform's Trade2Earn initiative. This feature will reward traders with $FXG tokens for every trade they make, regardless of whether it's profitable or not. With these game-changing features in crypto trading, FXGuys is experiencing rapid growth in its ongoing presale.
Presale Powerhouse: Why $FXG Could Be 2024’s Biggest Crypto Story
Despite being a new crypto coin, $FXG is witnessing intense demand in its presale. Currently, in Stage 1 of its public presale, $FXG is priced at $0.03, with a launch target of $0.10. Over 137 million tokens have been sold, indicating investors' confidence.
As the crypto project progresses through its presale, early investors stand to gain over 233% by launch. The project also has market analysts predicting even higher post-launch growth.
$FXG's real-world utility, ranging from decentralized forex trading to advanced analytics tools, makes it more than just a speculative asset. As Trump's victory boosts sentiment in the broader crypto trading market, experts predict unprecedented growth for this new crypto project as it nears launch.
To learn more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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