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Cryptocurrency News Articles

FXGuys: A Promising Alternative as Top Altcoins Consolidate

Dec 19, 2024 at 10:54 pm

The top altcoins have entered consolidation zones across platforms, even Sui and Avalanche (AVAX), both of which only just closed down deals to further develop their blockchains.

FXGuys: A Promising Alternative as Top Altcoins Consolidate

The cryptocurrency market is filled with opportunities, and finding the next 100x altcoin can be a daunting task. However, there are some promising projects out there that have the potential to deliver massive gains.

One such project is FXGuys (FXG), a new decentralized prop trading platform that aims to provide everyone with an opportunity to trade like a prop trader. The platform boasts a unique trader funding program that could help investors multiply their money 100x.

As top altcoins like SUI and AVAX consolidate, traders are looking for the next best coin to buy. FXGuys, with its promising proposition and a 100x profit potential, could be a promising alternative.

Top altcoins enter consolidation zones

The top altcoins have entered consolidation zones across platforms, even Sui and Avalanche (AVAX), both of which only just closed down deals to further develop their blockchains. The SUI and AVAX coins have had great runs this year, but their traders are moving to FXGuys (FXG), hoping to flip $100 to $10,000.

SUI ranks third after Mantra and Pepe in the list of top gainers in the crypto market this year. The layer-1 blockchain’s focus on development and utilities has paid off on the SUI price charts, and now, the blockchain is setting up its traders for a 100x surge.

The latest development is SUI’s partnership with the Chinese solar giant Ant Group. The Chinese Fortune 500 company has approached the Sui ecosystem to list its assets as tokenized digital products on the exchange.

The real-world asset sector is one of the fastest-growing sectors in the crypto market, and Sui’s involvement will yield profits in the long run. However, the SUI token is fresh out of a surge, so its short-term potential is still in consolidation, as SUI has been trading around $4.78 for some days now.

This is probably why investors believe FX Guys could be their best bet for 100x gains, as there’s a growing momentum around the project’s pull.

New crypto project takes on top altcoins

The aim of any top or new crypto project is to remain relevant for as long as possible. With DeFi coins, they even have to work extra to stand out, as the features often overlap.

Although still a new crypto project, the FX Guys project stands out and seeks to contend with the established top altcoins through proprietary trading. FXGuys’ PropFi feature is a first in the Defi sector, and traders are already anticipating the trader funding program where the best traders are provided with capital, and the profits are shared with investors.

In the same vein, the FXGuys project will reward traders for their activities on the platform through the Trade2Earn feature. Traders will get complimentary FXG tokens for each completed trading session, and it doesn’t matter whether they lose or gain.

Also, FXGuys’ FXG tokens are not only governance tokens. They serve as currency for purchasing items like trading perks on the ecosystem and paying gas fees on transactions. Trading perks include charts and other analytical tools that would help simplify the decision-making process while trading.

So, as users receive their FXG tokens, they can decide to spend them, stake them, or stash them in anticipation of a surge.

Top altcoins’ next move, FXG traders’ 100x goal

The next move for top altcoins like AVAX and SUI will be a determinant in whether traders can still get the best rates on these altcoins. However, the new decentralized prop trading platform, FXGuys, is offering traders a chance to trade like prop traders and earn up to 100x.

The platform’s trader funding program, set to launch soon, will see traders get funded to trade and share their profits with investors, all in a bid to help everyone earn from the crypto market. The FXG presale is still ongoing and interested investors can get involved here.

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!

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