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Cryptocurrency News Articles
NEIRO and Fantom (FTM) Surge as Bitcoin (BTC) Market Rally Influences Crypto Market
Oct 08, 2024 at 01:03 am
Bitcoin's (BTC) performance over the past week has influenced a remarkable rally in the crypto market. As a result, top tokens like NEIRO and Fantom (FTM) have surged substantially.
Top altcoins like NEIRO and Fantom (FTM) have surged substantially over the past week, riding on Bitcoin’s (BTC) wave of gains. However, an expert believes these gains will soon fizzle out, leading investors to FXGuys ($FXG), a new Ethereum-based token.
But what makes this expert so bullish on FXGuys while downplaying NEIRO and Fantom? Let’s dive in!
NEIRO Gains 11% In A Week: What’s Next For This Token?
Over the past week, NEIRO has seen significant gains. On September 20, 2024, NEIRO was trading at around $0.0009. For three days, NEIRO experienced a dip that saw it trade in the red, before starting to gain momentum again on September 23.
This price surge came as Bitcoin’s price soared past $64,500, leaving speculative investors wondering if this rally could see it reclaim $70,000.
The increased market activity sparked by Bitcoin saw NEIRO hit $0.0013 on September 25, before it began to correct downwards. By September 27, NEIRO had stabilized at around $0.0010. This price change marks an 11% gain for NEIRO over the past week.
One key observation, however, is that NEIRO’s trading volume has decreased by around 11% in the past 24 hours. This indicates a decline in investor appetite, which could lead to a reversal of NEIRO’s gains thus far. And according to this expert, this is why NEIRO is losing investors to FXGuys.
FTM Has Grown 9% In Seven Days: Can The Token Sustain This Rally?
Over the past seven days, Fantom has also maintained a bullish trend. On September 20, 2024, FTM was trading at around $0.63. Similar to other top altcoins, FTM saw a sharp spike on September 23 as Bitcoin climbed above $64,500, reigniting hopes of revisiting its all-time high.
Additionally, on September 24, Sonic, formerly known as Fantom, announced an integration with Curve Finance, which further contributed to FTM’s price increase. Specifically, FTM traded as high as $0.73 on September 26. As of September 27, Fantom had pulled back and stabilized at around $0.69. This price represents a 9% increase for the week.
While 24-hour trading volume for Fantom is up 27%, this expert anticipates investors dumping FTM for FXGuys as the excitement over Sonic’s integration with Curve Finance subsides.
FXGuys’ PropFi And Trade2Earn Features Take Center Stage
The crypto market’s current bull run has seen traders flock in droves, aiming to secure a piece of the gains. At the same time, experienced traders are seeking new methods and platforms to enhance their trading skills and amplify their profits. This is where FXGuys, a new decentralized brokerage and proprietary trading platform, is rapidly gaining popularity each day.
FXGuys offers remarkably tailored services to each trader on the platform, providing them with the optimal trading experience. One of FXGuys’ most outstanding features is its PropFi funding program. This service caters to optimistic and skilled traders.
FXGuys provides exceptional traders with up to $200,000 in trading capital to manage after demonstrating their trading prowess during the challenge phase. For ambitious traders who maintain positive profit margins, FXGuys scales up the capital, offering up to $500,000.
FXGuys also features a Trade2Earn program, where traders earn $FXG tokens for every trade they make, regardless of whether it’s profitable or not. Notably, traders can use their $FXG holdings to redeem benefits such as increased drawdown limits and lower profit obligations.
Within the FXGuys ecosystem, $FXG tokens can also be exchanged for other cutting-edge trading tools. These perks highlight why FXGuys has quickly ascended the DeFi ranks to become a leading PropFi platform.
$FXG Has Surged 100% During Its Presale: More Growth Incoming!
This crypto expert is heavily investing in $FXG because it has attracted legions of investors after showing better prospects than NEIRO and FTM despite being in its presale. $FXG has achieved this feat owing to its utility within the FXGuys ecosystem. Also, $FXG’s limited supply of 835 million tokens has made it an enticing investment for investors.
$FXG is currently in Stage 1 of its public presale, where investors can purchase the token for $0.030. This price marks a 100% increase from the Private Sale Round price of
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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