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Cryptocurrency News Articles
FXGuys: The New PropFi Token Project Bringing the Best of DeFi
Sep 29, 2024 at 04:00 pm
FXGuys is the latest addition to the DeFi market. This new project is setting new standards in the PropFi industry with its decentralized brokerage platform, empowering traders through its unique Trader funding program.
DeFi PropFi Token Project FXGuys Surges Past 200% In PropFi Token Gains As SUI, RNDR Clock Double Digit Gains
Blockchains and cryptocurrencies have seen a new wave of adoption in 2023, largely thanks to the DeFi sector’s ability to provide traders and users with new opportunities to earn, trade and access capital and instruments.
This year has seen a particular focus on PropFi, a unique DeFi service that provides traders with trading capital and rewards, offering a profitable and accessible way for traders to enter the markets. Among the projects leading this sector is FXGuys, a decentralized brokerage platform that has unveiled its PropFi token, $FXG.
FXGuys: The New PropFi Token Project Bringing the Best of DeFi
FXGuys is the latest addition to the DeFi market, and this new project is setting new standards in the PropFi industry. Its decentralized brokerage platform aims to empower traders through a unique Trader funding program.
With access to more than $200,000 in trading capital, FXGuys provides users with capital to trade positions and earn $FXG, a PropFi token, as a reward, no matter the outcome of their trades.
FXGuys also promotes risk-free trading through risk management tools, creating a safer environment for both new and advanced traders. FXGuys integrates PropFi with access to large funding, offering seamless entry into crypto, commodities, and indices trading while ensuring fast payouts and a transparent team structure.
FXGuys PropFi Token Clocking 233% Gains In Presale
Currently available for purchase, the PropFi token is valued at $0.03 in Stage 1 of its public presale, presenting a lucrative opportunity for investors to earn significant returns.
With $FXG projected to reach $0.04 in Stage 2 and $0.10 by the end of the presale, investors stand to gain over 33% and a massive 233% return, respectively, if they purchase this PropFi token now.
Investors can participate in the presale through the FXGuys website and use the code PROP10 to receive a 10% bonus on their purchase.
Sui Network Surpasses Avalanche In Total Value Locked
In other news, the Sui Network has surpassed $900 million in Total Value Locked (TVL), a monumental achievement that sees the network outrank Avalanche for this metric.
This achievement highlights Sui’s growing presence in the decentralized space and the increasing trust users have in the network's capabilities.
A key factor in this rise in TVL is Sui’s scalable infrastructure and low transaction costs, which have attracted developers and users to the network. Sui's ability to support various dApps has also been instrumental in its rapid adoption and growth in TVL.
SUI Clocking 44% Gains In 7 Days On Network Dominance
The surge in SUI’s TVL has seen a corresponding increase in the price of SUI, with the token clocking a 44.58% gain over the past seven days. Trading at $1.66, the Sui network's rapid market dominance suggests that Sui is quickly cementing its place among the leading blockchain platforms in the DeFi ecosystem.
Render Token Sees 30% Weekly Gain Amid AI Sector Surge
Finally, Render, an AI-focused project, has seen a 29.57% gain in a bullish development within the artificial intelligence ecosystem. This surge broke RNDR out of a downward trend, positioning it for further growth.
Market indicators also show a balance between buyers and sellers, suggesting Render may enter a consolidation phase before its next move. However, with 53% of its holders currently in profit and growing retail interest, experts are optimistic about the token.
Currently trading at $6.20, experts predict that RNDR may experience a continuation of the bullish rally, and its strong market position and increasing interest from both retail and institutional investors suggest it is well-primed for further gains.
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