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Cryptocurrency News Articles
FXGuys ($FXG): A New DeFi Token is Fighting Off the Bears, Even as the Crypto Market Takes a Dip
Jan 30, 2025 at 05:31 pm
The crypto market is in a huge dip, as profit-taking has set most projects back by a stretch. Even top altcoins are trading in reverse, although
The crypto market is seeing a huge dip, with most projects hit hard by a wave of profit-taking that is sending even top altcoins trading in reverse. However, some DeFI tokens like Stellar (XLM), SUI, Cardano (ADA), and the new crypto, FXGuys ($FXG), are putting up a fight against the bears.
As for the FXGuys platform, there’s no ceiling for the profits there. The DeFi token sports a 10x surge potential when it eventually hits the major CEXs in a few weeks.
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Stellar (XLM): Bullish Outlook Still Stands at ‘Feasible’
Stellar’s native token, XLM, has seen its price drop amid the recent volatility in the market. Stellar has a rather stagnant ecosystem that only rose to the spotlight after the Bitcoin spike last year.
Now that the hype is over, the Stellar price is left to social sentiment. The XLM price has now dropped from a monthly peak at $0.64 to a support at $0.41, losing 3.52% in just 7 days.
However, with XLM still trending at 3.77% monthly, investors are still keeping hope alive for a potential Stellar surge while also diversifying to newer projects like FXGuys.
FXGuys: A Win-Win Situation With Proprietary Trading
The $FXG token could be the catch this year, as its immense profit potential could see it make almost 1,000% spikes from social speculation alone. But longevity is what investors—and long-term traders—are in for, and the FXGuys project is prepared for that.
With every trade on the FX Guys platform, whether profit or loss, the trader gets a percentage of their $FXG tokens back as a benefit of using the platform. Traders can use these accumulated tokens to get new trading challenges and more capital from the proprietary trading scheme.
With proprietary trading, the best trading hands are funded with $2,500 to $100,000 capital injection to increase their trading range. The profits from these funded trades are then shared, with 80% going to the traders and 20% to investors.
Investors and token holders also have the customary option of staking their $FXG coins. The FX Guys platform, in fact, offers one of the highest staking yield rates at about 20%.
$FXG will be the governance token on FXGuys, and demand for the DeFi token will be even greater after the presale, which is all the more reason to join the presale today!
SUI DeFi Token on the Rebound?
Sui has put its token holders through it already, with the token soaring above its immediate resistance at $4.96, only to succumb to market bears in a few days. There are chances of a further dip, almost as much as the SUI price is set to rebound.
It’s quite a dilemma for Sui coin traders right now. The selling pressure has pulled the Sui token price under its $4.96 support, as SUI now trades at $4.70. However, a rebound from here will see the edge of the bull Sui onto $6.28.
Technically, the bulls are still in control of the Sui charts, and the DeFi token has now gained 10.61% in the last week.
Cardano (ADA) Levels on the Weekly Trend
The worst of Cardano’s liquidations saw its ADA token lose 40% of its value on Wednesday, January 9, 2025, falling even lower than $0.922 by the close of the day. Unlike many other altcoins, the ADA trading volume sank alongside its price, indicating a profit-taking wave.
Cardano’s aptitude for development and the strength of its Total Value Locked could see the ADA through these trying times. The TVL metric is 36% up from December 31, 2024, showing more interest in Cardano DApps.
Open Interest also spiked on January 7, 2025, rising by 10% to beat the former best set on December 9. ADA is currently trading at $0.94, leveling at 0.52% on the weekly trends and raring to climb up the charts.
$FXG Offers a 150% Profit Ahead of Scheduled Launch!
The crypto market has had a bright first few days of the year. Most top altcoins are recovering from the decline that ended in 2024.
$FXG, XLM, SUI, and ADA are four top altcoins that are climbing to bullish territory. However, the $FXG presale token stands out
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- Bitcoin (BTC) Perpetual Futures Funding Rate Nears Zero as Spot ETFs and Corporate Adoption Reduce Retail Investors' Influence
- Feb 01, 2025 at 10:00 am
- Exchanges charge either longs or shorts to compensate for imbalances in leveraged demand. In a well-balanced market, the 8-hour funding rate hovers near zero.