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Cryptocurrency News Articles
FX Guys ($FXG) Hailed as the Best Altcoin to Buy For Passive Earning by Whales
Nov 16, 2024 at 03:55 am
Deep-pocket investors in Dogecoin (DOGE) and Cardano (ADA) consider FX Guys ($FXG) a promising DeFi coin that can earn investors real passive income.
Deep-pocket investors in Dogecoin (DOGE) and Cardano (ADA) consider FX Guys ($FXG) a promising DeFi coin that can earn investors real passive income. With special features like a staking program incorporated into the DeFi platform, investors can stake their assets for passive earning, allowing them to build wealth over time.
Dogecoin Soars 350% From Bottom But Still Has A Long Road Ahead
Prominent crypto analyst Rekt Capital revealed that DOGE has achieved a lifetime increase of 350%. The analyst noted this in an X post on November 10, 2024. The meme coin rallied alongside the crypto market, with investors’ optimism and technical indicators hinting at a continuum of the upward trend. In other words, Rekt Capital believes Dogecoin can reach significant heights in this bull cycle.
Another crypto expert, Ali Martinez, shares a sentiment similar to Rekt's. While Rekt avoided naming price targets in his analysis, Ali went down a different route, highlighting $3.95 and $23.26 as potential end zones for Dogecoin. At present, the meme coin is having a shiny moment across several timeframes, setting the tone for a possible all-time high. As of now, DOGE has risen 110% within seven days, surging its price to $0.341.
Cardano’s DeFi Coin Rises as Founder Vies for Administrative Crypto Position Under New Administration
Cardano founder Charles Hoskinson expressed interest in taking up a political position that will benefit crypto-related policies in the United States under Trump's administration. According to him, he will spend a significant amount of time with lawmakers in Washington to ensure favorable policies toward cryptocurrencies.
Hoskinson noted that Input-Output Global (IOG) will establish an office in Washington, D.C., to herald policy advocacy and development under Trump’s regime. This move will create a clearer regulatory ecosystem for digital assets like ADA, sparking an increase in the DeFi coin’s price.
Hoskinson expressed belief in an inclusion crypto policy, one he believes should be written under the combined efforts of the American population, the American crypto industry, and rational lawmakers in the country.
ADA experienced a remarkable price surge following Charles Hoskinson's announcement, gaining by 80% within a week. The DeFi coin now trades at $0.58 for the first time since April this year.
Whales Hail $FXG as the Best Altcoin to Buy For Passive Earning
Deep-pocket investors are hailing FX Guys’ $FXG as the best altcoin to buy for passive earning through staking. The FX Guys staking mechanism allows $FXG holders to stake their tokens for potential rewards and passive income.
Stakers will earn almost 20% of the total revenue the platform generates in a year. This can provide a passive source of income through which they can build wealth over time. Moreover, stakers will be recognized as active participants in the growing FX Guys ecosystem.
Furthermore, FX Guys is an emerging prop firm that gives traders the capital needed to participate in the large financial market. By taking part in the FX Guys Trader Funding Program, traders will have access to accounts worth between $200,000 and $500,000. This will allow them to trade with the whales without worrying about capital.
Also, for every trade, $FXG tokens will be credited to the trader’s wallet. This move is a product of the platform’s Trade2Earn initiative, which aims to incentivize FX Guys users and drive their enthusiasm for the platform. These $FXG tokens can be used to activate numerous trading rewards over time.
DOGE and ADA Investor Focus On FX Guys
Despite DOGE and ADA's positive outlooks, investors in these top crypto coins are eyeing $FXG for its growth prospect. The attraction to $FXG stems from the DeFi coin’s ability to deliver substantial returns similar to those of DOGE and ADA in their primes.
$FXG is priced at $0.03 in Stage 1 of its public presale. With a target of $0.10 to conclude the presale, investors are positioned for a 233% near-term profit.
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