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Cryptocurrency News Articles

FXGuys: The $FXG DeFi Token Is Set for a 10,000% Pump in This Bull Run

Nov 28, 2024 at 11:00 pm

The crypto bull run began with Bitcoin’s rally after Donald Trump’s victory early in November 2024, and before long, all the top altcoins took the initiative, too.

FXGuys: The $FXG DeFi Token Is Set for a 10,000% Pump in This Bull Run

The crypto bull run began with Bitcoin’s rally after Donald Trump’s victory early in November 2024. Before long, all the top altcoins took the initiative, too. It’s been about three weeks since the bull run hit the crypto market, and Chainlink (LINK) is only just reeling from the effects of its bears.

While SUI’s downtime pulled the token price under in the past few days, crypto traders must be considering other options to stay in the green zone. One of those ‘other’ projects is FXGuys ($FXG), a token that has garnered quite the following so far.

Whales to Bring up Chainlink’s DeFi Coin Price

The LINK DeFi coin was trading in a downward spiral for most of 2024, but a recovery phase is on, thanks to the Bitcoin surge following the US elections. Chainlink’s LINK is on 43.87% gains in the past month, indicating considerable progress and all indicators point to the whales finally stepping in to raise it even further.

According to analysts, the next significant resistance for Chainlink is at the $17.00 mark. Over the weekend, LINK crossed $18.00 only to slump back to $16.73 in correctional measures. IntoTheBlock reports an 85% spike in large transactions on the Chainlink blockchain, indicating whale activity in the past two days.

Daily users and new addresses also spiked for Chainlink in that time, as even retail traders and scalpers want in on the DeFi coin’s gains. The bull run is still very much on in the crypto-verse, but between Chainlink’s correction and surges, FXGuys could soon outpace the LINK token in terms of profits.

FXGuys: Multiple Trading Markets, Easy Capital Funding

FXGuys and its unicorn status are pulling in traders and investors from all over the crypto market. The project offers exciting prospects of trading in Forex, stock, and commodity markets along with crypto tokens, and no one really wants to miss out on all that.

Reports show that there are thousands of assets from each category, and traders only have to play to their strengths to maximize the experience.

The FXGuys platform also rewards traders for their activity with its Trade-to-earn feature. Whether a trade closes in profit or loss, $FXG tokens will be credited to traders, allowing them to form a stash of tokens that can be utilized in several ways.

From simply holding on to such tokens to staking them, $FXG tokens are a great investment for the future. Staking profits get up to 20% APY, and with the incoming demand for FXGuys tokens, even holding your tokens will see your stash appreciating.

For traders, the FX Guys platform provides a list of perks and options that would ease analysis and help them make better decisions. The perks are only purchasable with $FXG tokens, and that’s where your Trade2Earn rewards could get useful. Get analytical tools and token predictions and see your trading profits rise accordingly.

The SUI Price Slows Down After Network Outage

The Sui token was one of the top altcoins trending following the US presidential elections. The bull run saw the token move from about $1.60 to its recently set ATH at $3.36, another milestone before the price took a hit.

The Sui blockchain has been up and running since May 2023, but a recent bug knocked the validators offline last week. The bug affected the transaction scheduling protocol, preventing validators from resolving transactions.

As traders expected, the Sui token tanked by over 20 cents after shutting down for about two hours. It made a slight recovery, but it’s back at the lower support again.

Despite net gains since the election, SUI might be in for a huge correction from the bears, and maybe the DeFi token could be taking a break from the bull run.

The $FXG DeFi Token is Set for a 10,000% Pump in This Bull Run

The LINK and SUI prices have had disappointing weeks lately, especially with Sui’s recent downtime. Traders could start taking their profits soon, causing a cascade of losses for the top altcoins. The new DeFi token, $FXG, has been singled out by investors as a potential unicorn project that could outpace SUI and LINK in the market.

$FXG is in Stage 2 of its public presale. Investors can still lock in some early bird advantage as the DeFi token is still moderately priced at $0.04—the lowest it’s going to be before a possible 10,000% pump post-launch, according to experts.

To find out more about FXGuys follow the links below:

Presale | Website | Whitepaper | Socials | Audit

News source:en.cryptonomist.ch

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Other articles published on Nov 29, 2024