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Cryptocurrency News Articles

title: FXGuys Releases 3M SOL Tokens, Sparking Interest in Its Prop Trading Funding Plan

Mar 16, 2025 at 05:55 am

FTX and Alameda Research have released more than 3 million Solana (SOL) tokens, worth about $431.4 million. This token release has sparked concern about market sell pressure.

title: FXGuys Releases 3M SOL Tokens, Sparking Interest in Its Prop Trading Funding Plan

FTX and Alameda Research, the trading division of the crypto exchange giant, recently released more than 3 million Solana (SOL) tokens from unstaking, as part of their planned monthly distribution.

FTX and Alameda Research, the trading division of the crypto exchange giant, recently released more than 3 million Solana (SOL) tokens from unstaking, as part of their planned monthly distribution.

The total value of the released tokens is about $431.4 million, according to the current market price of SOL. However, this large-scale token release has sparked some concerns about potential sell pressure on Solana’s price.

The total value of the released tokens is about $431.4 million, according to the current market price of SOL. However, this large-scale token release has sparked some concerns about potential sell pressure on Solana’s price.

As FTX continues unstaking and distributing a vast amount of SOL throughout 2024, investors are preparing for this change, especially with FXGuys Stage 3 presale nearing completion.

As FTX continues unstaking and distributing a vast amount of SOL throughout 2024, investors are preparing for this change, especially with FXGuys Stage 3 presale nearing completion.

FXGuys, a new prop trading funding platform, has already raised over $4.5 million. It entices traders and investors with its competitive 80/20 profit split for funded traders and an innovative funding plan.

FTX’s Unstaking 3M SOL: Impact and Concerns

FTX regularly unstakes and distributes Solana tokens in accordance with a set monthly plan, part of a broader strategy to wind down the crypto exchange’s operations.

FTX regularly unstakes and distributes Solana tokens in accordance with a set monthly plan, part of a broader strategy to wind down the crypto exchange’s operations.

The current unstaking event is the largest since November 2023, making it a significant development. As millions of unlocked SOLs could be sold on exchanges, market participants are monitoring this move closely for any changes in Solana’s price trend.

A key concern is whether FTX’s plan will put downward pressure on Solana’s price or if the market will easily absorb the additional tokens without issues.

A key concern is whether FTX’s plan will put downward pressure on Solana’s price or if the market will easily absorb the additional tokens without issues.

Solana is currently among the top DeFi coins, but with doubts surrounding FTX’s asset sale, many investors are turning to other promising projects like FXGuys.

FXGuys: A Soaring Token with Unique Benefits

While Solana faces uncertainty with liquidations and the status of FTX assets, FXGuys is rapidly gaining attention as a premier prop trading firm for both retail and institutional investors entering the Web3 space.

The FXGuys system offers an 80/20 profit split for funded traders, allowing participants to receive up to $500,000 in trading capital after successfully completing the required evaluations.

The FXGuys system offers an 80/20 profit split for funded traders, allowing participants to receive up to $500,000 in trading capital after successfully completing the required evaluations.

This unique approach to funding prop trading programs draws interest from sophisticated investors seeking stability and altcoins with strong growth potential.

Another key factor in FXGuys’ swift rise is its staking model, which provides users with a 20% profit share plus revenue from the broker’s trading volume. In comparison to traditional altcoins that generate income solely from price appreciation, FXGuys offers multiple avenues for generating passive income, rendering it one of the most sustainable projects in today’s market.

The FXGuys platform is designed for seamless trading, with no tax on buying or selling, ensuring traders retain all their profits. The project also enables same-day fiat and crypto deposits and withdrawals in over 100 local currencies, highlighting its smoothness in facilitating traders’ preferred payment methods.

FXGuys’ Trade2Earn Program

Unlike most altcoins, FXGuys pays its users for trading. With its Trade2Earn program, every trade generates additional FXG tokens, which in turn helps to increase trade volume and liquidity. This strategy appeals to prop traders who are constantly seeking optimal settings for generating profit.

Moreover, FXGuys’ trader development system provides a pathway for retail traders to transition into full-time trading roles. Users can earn fully funded accounts by passing specific trading tests, making FXGuys one of the best instant funding prop firms in the crypto market.

Join FXGuys Now

FXGuys is currently in Stage 3 of its presale, and the token price is $0.05. Early buyers of the $FXG token can benefit from its potential to increase in value.

FXGuys is currently in Stage 3 of its presale, and the token price is $0.05. Early buyers of the $FXG token can benefit from its potential to increase in value.

As FXGuys continues expanding its role in the decentralized trading industry, it is positioning itself for a future leadership role in the cryptocurrency market.

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Other articles published on Mar 19, 2025