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Cryptocurrency News Articles

SUI and POPCAT Surge Despite a Bear Market, but Investors Flock to FXGuys to Use Its PropFi Funding Feature to Scale Profits

Oct 15, 2024 at 07:30 pm

The crypto market is currently grappling with a dominant bearish trend. However, SUI and POPCAT have defied this downward force, rewarding investors with

SUI and POPCAT Surge Despite a Bear Market, but Investors Flock to FXGuys to Use Its PropFi Funding Feature to Scale Profits

The crypto market is currently grappling with a dominant bearish trend. However, SUI and POPCAT have defied this downward force, rewarding investors with notable returns. Meanwhile, FXGuys (FXG), a new Ethereum token linked to a PropFi platform, has quickly gained ground, leaving investors wondering if it is the next big thing.

But the main question is, will FXGuys outshine POPCAT and SUI? Continue reading to find out.

SUI maintains green chart as bears rock the crypto market

The crypto market crashed briefly at the start of October 2024 after rallying since mid-September. As a result, top altcoins plunged sharply, but SUI has managed to ride out this bearish trend and maintain a green chart.

On October 1, SUI was changing hands at around $1.77. After plunging as low as $1.62 on October 3, SUI picked up bullish momentum. Specifically, SUI gained traction after Gamisodes launched Inspector Gadgets on Sui, offering gamers on SUI a new title.

The SUI bull run intensified after Circle launched its USDC stablecoin on Sui, pushing the SUI price as high as $2.12 on October 8. By October 9, SUI had stabilized at around $1.94. This price means SUI has surged 9% since the start of the month, offering investors notable profits.

POPCAT sets a new ATH while the market bleeds

POPCAT has been one of the best-performing cryptos since the start of the month. This Solana-based meme coin has traded in the green territory consistently despite the crypto market plummeting after mirroring the price movement of Bitcoin (BTC), which crashed from its September high of $66,480 to the $60,000 range on October 1, 2024.

On October 1, POPCAT was changing hands at around $0.94. POPCAT proceeded to jump as high as $1.48 on October 7, setting a new all-time high. However, POPCAT faced a slight correction before stabilizing at around $1.17 as of October 9.

This price denotes a 24% surge since the start of October, meaning POPCAT investors have enjoyed big profits despite the marketwide rout.

FXGuys’ PropFi funding feature grabs headlines

Although SUI and POPCAT are surging, investors are flocking to FXGuys to strengthen their trading strategies and increase their profits.

Investors are embracing this new platform because it seeks to address challenges that discourage trading. These include KYC challenges, rogue brokers, prop firm insolvency, slow or no payouts, and trading platform issues.

Furthermore, FXGuys has won over investors because of its game-changing PropFi funding program, which offers gifted traders real capital. With this capital, the traders can snap up market opportunities, boosting their profits. Notably, the FXGuys ProFi funding program offers traders up to $500,000 in capital.

However, it is worth noting that traders must pass the challenge phase before qualifying for the FXGuys’ PropFi funding program.

Traders that complete the challenge phase get $200,000 in capital at the start. These traders can then increase their capital allocation by consistently raking in profits and growing their accounts.

Apart from the PropFi funding program, FXGuys has captured the attention of SUI and POPCAT traders because of its unique Trade2Earn feature.

The Trade2Earn program rewards traders in FXG, FXGuys’ utility token, for each trade. Amazingly, this program rewards investors whether their trades are profitable or not. This model incentivizes traders to stay active.

With the earned FXG tokens, investors can redeem benefits like lower profit marks and increased drawdown limits. Alternatively, traders can use their FXG holdings to fund other traders and earn passively.

FXG surges 100%: Promises more presale returns

Other than its PropFi funding and Trade2Earn programs, FXGuys has witnessed an influx of investors because of the growth potential of FXG. FXG’s growth is underpinned by its limited supply of 835 million tokens.

Also, FXG has gained investor confidence because two top-tier blockchain security firms audited its smart contract. These are Soken and SolidProof.

As of October 2024, investors can purchase FXG at a low price of $0.030. This is the price of $FXG in Stage 1 of its public presale and denotes a 100% jump from the Private Sale Round price of $0.015.

If FXG soars to its listing price of $0.100, Private Sale Round investors may enjoy a 566% ROI. Meanwhile, Stage 1 investors could realize

News source:crypto.news

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