Ethereum (ETH) Price Reclaims $3,000, and This New Altcoin Aims for New Records

Ethereum (ETH) has achieved a significant milestone by surpassing the $3,000 mark after a three-month consolidation phase.

Ethereum (ETH) has achieved a significant milestone by surpassing the $3,000 mark after a three-month consolidation phase. The surge coincides with Bitcoin’s (BTC) record-breaking performance, as BTC recorded a new all-time high of $93,434. This breakthrough comes amid increasing institutional interest, with Ethereum’s open interest exceeding $12 billion.

As Ethereum’s surge continues, a new altcoin, FXGuys ($FXG) is igniting speculation for tremendous returns by year’s end. This groundbreaking project in the crypto trading space combines innovative decentralized forex trading and reliable traditional finance with proprietary trading capabilities. Discover FXGuys’ exciting features as the next 100x altcoin and why investor interest is amped up for these altcoins.

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Bitcoin Surges Past $93,000 as Institutional Interest in ETH Peaks

After struggling below its previous peak of $3,563, ETH has found renewed momentum alongside Bitcoin’s recent all-time highs. Whale activity has emerged as a crucial factor in Ethereum’s recent price movement, with large transactions exceeding 10,000 daily for the first time since August. The surge in whale movements has amplified market optimism, with Spot Ethereum ETFs witnessing renewed confidence, recording six consecutive days of positive inflows.

Grayscale maintains its position as the largest Ethereum ETF holder with 1,555,861 ETH, despite a recent reduction of 10,843 ETH over the past week. Fidelity’s Ethereum ETF is in the lead with $101.7 million in daily inflows, followed by BlackRock at $35.6 million and Bitwise at $13 million. Ethereum’s DeFi coin price reflects this institutional confidence, achieving a 4% gain over the past week to top $3,140.

Forex and Crypto Prop Trading on FXGuys ($FXG) Trader 

FXGuys aims to revolutionize the trading landscape by bridging traditional finance with DeFi innovation and paving the way for retail traders. The platform’s custom-built trading infrastructure allows users to access multiple assets including crypto, forex, indices, and commodities without KYC requirements.Through integration with popular platforms like MT5, cTrader, and DXtrade, FXGuys ensures a seamless crypto trading experience while maintaining decentralized principles.

At the center of FXGuys’ innovation is its Trader Funding Program, offering aspiring traders access to accounts with up to $500,000 in trading capital. This proprietary trading approach includes an unprecedented 80/20 profit split favoring traders. Qualified traders can scale their accounts over time, increasing their profit-sharing potential.

FXGuys’ Trade2Earn model creates a dual revenue stream for active participants by rewarding traders $FXG tokens on every executed trade, regardless of profitability, rewarding traders. The platform also prioritizes user accessibility and financial flexibility, ensuring traders can maximize their profits without additional fees. FXGuys guarantees zero-tax policies on transactions and supports same-day withdrawals in both fiat and crypto, accommodating over 100 local currencies. 

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FXGuys ($FXG) Prepares For Second Public Presale Round

FXGuys introduces an exciting new altcoin with the potential to disrupt the prop crypto trading industry. Its native $FXG token is selling at $0.03 in the first round, offering a 33% increase to early backers by the next round. Investors are eagerly anticipating these returns as nearly 136 million tokens have been sold, amounting to about 96% of the tokens allocated to this round. 

The $FXG token serves multiple purposes within the ecosystem, including paying for trading challenges, platform fees, and governance. FXGuys operates with a no-buy-or-sell tax policy, ensuring that traders can maximize their profits without incurring additional transaction fees. The project’s tokenomics are designed to support long-term growth and sustainability, with a total supply of 835 million $FXG tokens.

This propfi project offers a unique staking system that allows $FXG token holders to earn passive income and share in the platform’s profits. By locking their tokens, holders gain access to up to 20% share of the trading volume generated by funded traders. As the FXGuys ecosystem grows and trading activity increases, the demand for $FXG tokens is expected to rise, supporting its projection as the next 100x altcoin.

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