|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Discover why Dogecoin whales are moving to FXGuys, the top PropFi project with high staking rewards, a prop trading funding program, and more.
Feb 04, 2025 at 05:06 pm
FX Guys - Dogecoin (DOGE) has long been a favourite among crypto whales, but recent on-chain data suggests that many of these large holders are making a
Dogecoin (DOGE) has seen a new trend among its large holders, known as "whales," as recent on-chain data analysis reveals a significant movement of DOGE into FXGuys ($FXG). This emerging Top PropFi Project has been gaining attention for offering a unique combination of staking rewards, a prop trading funding program, and a Trade2Earn model.
This development marks a strategic shift among crypto whales, who are now favoring assets with tangible utility and high-volume trading opportunities over speculative meme coins like DOGE. Let’s delve deeper into the reasons behind this mass exodus from Dogecoin.
What Are FX Guys?
FX Guys is a new crypto project that combines elements of decentralized finance (DeFi), prop trading, and a broker partnership to create a unique trading ecosystem. The project has created its own token ($FXG), which serves multiple functions within the ecosystem, including:
- Staking Token for 20% Broker Revenue Share: Holders of $FXG can stake their tokens to receive a portion of the profits generated by partner brokers. According to the project, this revenue share can amount to up to 20% of the broker's trading volume.
- Prop Trading Funding Program: Traders can apply for prop trading accounts through FX Guys, which offer up to $500,000 in trading capital. Successful traders can keep 80% of their earnings from these funded accounts.
- Decentralized Trading Token: $FXG powers a decentralized trading platform that offers various trading instruments and up to 500x leverage without any KYC (Know Your Customer) requirements.
FX Guys is currently in Stage 2 of its presale, with the $FXG token priced at $0.04. The project has already raised over $3.7 million from early investors.
Why Are Dogecoin Whales Moving to FXGuys?
Several key aspects of FXGuys are attracting the attention of former Dogecoin whales and making them choose $FXG over DOGE:
1. High Staking Rewards (20% Revenue Share)
Unlike traditional staking, which relies on inflationary rewards, the FX Guys project has devised an innovative approach. Stakers will receive a direct 20% share of the profits generated by brokers partnering with FX Guys. This revenue is distributed among token holders, providing them with a sustainable and potentially lucrative passive income stream.
2. Prop Trading Funding Program (Up to $500K Trading Capital)
FXGuys offers a unique opportunity for experienced traders to obtain prop trading accounts with substantial trading capital. These funded accounts can be used to trade various instruments, including forex, commodities, and indices. Notably, traders are entitled to keep an impressive 80% of the profits generated from these funded accounts.
3. No Buy/Sell Tax & No KYC Decentralized Trading
FXGuys ensures maximum freedom for traders by eliminating any buy or sell tax on $FXG. Additionally, the decentralized trading platform does not impose any KYC requirements, catering to whales who prioritize privacy and minimal restrictions in their trading activities.
These factors, combined with the project's ambitious goals and growing community, are contributing to the mass shift of DOGE whales into FXGuys. As a high-potential altcoin in the market, $FXG is attracting attention with its unique value proposition.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- The Future of Pepecoin: Community, Culture, and the Ever-Evolving World of Meme Coins
- Feb 05, 2025 at 12:56 am
- The future of Pepecoin's community is intricately tied to the ever-evolving world of meme coins and internet culture. Given its community-driven nature, the trajectory of Pepecoin will largely depend on the enthusiasm, creativity, and engagement of its supporters.
-
- DTX Exchange (DTX) Outshines Cardano (ADA) and Shiba Inu (SHIB) Despite Market Downtrend
- Feb 05, 2025 at 12:56 am
- The cryptocurrency market experienced a massive downtrend on February 3 which has pulled top altcoins like Cardano (ADA) and Shiba Inu (SHIB) into the red region. Meanwhile, a crypto gem is making headlines and the name is DTX Exchange (DTX).
-
- Senator Bill Hagerty Introduces Stablecoin Bill in the Senate, Signaling Clear Regulations and a Massive Boost for Stablecoin Adoption in the U.S.
- Feb 05, 2025 at 12:56 am
- The bill is called the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act and aims to provide clear regulations for stablecoins.
-
- erated by an artificial intelligence algorithm, making it a true oddity in the crypto space. Despite its unconventional origins, Turbo has gained a loyal following and is considered one of the best cryptos to buy for those looking for meme coins with a tw
- Feb 05, 2025 at 12:56 am
- st intriguing aspects of Turbo is its AI-driven tokenomics. The algorithm behind Turbo continuously analyzes market data and adjusts the token’s supply and emission rate based on real-time conditions. This dynamic approach to tokenomics aims to maintain a stable price and prevent excessive volatility, which is a common issue with many meme coins. By relying on AI to manage its tokenomics, Turbo offers a new level of sophistication and innovation in the meme coin sector.
-
- in adventureoutput: title: The Best Meme Coins to Buy Now: Arctic Pablo Coin, Dogecoin, Shiba Inu, and More
- Feb 05, 2025 at 12:56 am
- In 2025, we see meme coins continuing to dominate the scene, offering huge potential for those willing to take the leap. With meme coins like Dogecoin and Shiba Inu already established, newer projects like Arctic Pablo Coin are offering exciting opportunities with incredible presale bonuses.
-
- Spirit Blockchain (CSE: SPIR) Enters Arrangement to Conduct LIFE Offering to Acquire Crypto and Launch Spirit Blockchain Layer Zero
- Feb 05, 2025 at 12:46 am
- Spirit Blockchain (CSE: SPIR) has entered into an arrangement to conduct a LIFE offering that is to be led by Canaccord Genuity and Leede Financial