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Cryptocurrency News Articles

Toncoin (TON) and Hedera (HBAR) Are Now Showing Bullish Potential, but a New Crypto Project, FXGuys ($FXG), Is Gunning for the Top

Dec 21, 2024 at 10:30 pm

The bull run started in November 2024, following Bitcoin's rally and Donald Trump's re-election in the US. Toncoin's TON was trading at $4.66

Toncoin (TON) and Hedera (HBAR) Are Now Showing Bullish Potential, but a New Crypto Project, FXGuys ($FXG), Is Gunning for the Top

As the bull run kicked off in November 2024, following Bitcoin’s rally and Donald Trump’s re-election in the US, several cryptocurrencies experienced impressive price surges. Among them, Toncoin (TON) and Hedera (HBAR) have managed to capture the attention of traders in the DeFi sector.

However, while TON and HBAR are showing bullish potential, a new crypto project, FXGuys ($FXG), is emerging as a promising contender for the top. Its presale and post-launch growth potential has made it one of the best crypto coins to buy now, according to experts.

Here's a closer look at the recent price movements of Toncoin, Hedera, and FXGuys.

Toncoin (TON) Aims For Recovery But With Important Challenges

Toncoin’s TON was trading at $4.66 on December 7, 2024, marking one of its lowest points since the March 2024 spike. However, from there, the only way was up.

Toncoin peaked on December 7, 2024, reaching a monthly peak at about $6.80. Since then, corrections and mixed signals have seen the TON price bob and dip, but the recovery has been steady lately.

Toncoin’s recovery saw it trade back up to $6.39 on December 18, but there are important challenges. For one, there’s a decline in network activity, partially due to the surging ETH. The Open Interest in TON is still quite high, but the dip in DEXs and liquidity pools could contribute significantly to Toncoin’s token price drop.

Currently priced at $5.93, TON could get even lower before a rebound. Meanwhile, old and new crypto investors are banking on the projected 150% presale gains on FXGuys.

FXGuys: This New Crypto Platform Benefits Traders and Investors

Usually, the focus is on traders in exchange protocols like FXGuys, but the new crypto project is doing things differently. Nothing changes for the traders—there are countless opportunities to learn—but a lot is changing for the investors.

FX Guys has a Trader Funding Program where investors can deposit their funds for liquidity, enabling the selected traders from an assessment with enough capital to augment their trading. The traders then make maximum profits from the extra leverage given, and FXGuys investors stand to gain 20% off of the profits made by traders.

There’s another avenue for 20% gains, and that’s the staking protocol. Stake your $FXG coins on the FXGuys platform, contribute to economic security, and watch your annual returns spike considerably.

You never run out of use cases for your $FXG, and even simply holding on could generate passive income. No surprise, the presale token is considered one of the best crypto coins to buy now.

Hedera Price Prediction: Interest in HBAR is Fueling a Potential Spike

The Hedera token price spike in November 2024 was unexpected, and its effects on the HBAR token’s potential have been significant so far. HBAR rallied over 800% in net gains between November 5 and December 3, 2024, pushing the DeFi token’s market cap to $12 billion already.

It’s not just the market cap and HBAR price that are in the green. There has been some interest in Hedera ETFs, and two crypto management firms have backed their interests up with petitions for the exchange-traded products.

Canary Capital and Valour Funds are the two firms with the most concrete plans for ETFs on Hedera. The HBAR token is now worth $0.29, but a rise to $1 can’t be ruled out on HBAR. Even then, the FX Guys project is readying for 100x gains on $FXG, and that’s where market whales are headed.

Investors to Benefit From the $FXG Presale Token Price Surge

While Toncoin and Hedera have been impressive on the price charts lately with recoveries and surges, they are hardly the best crypto coins to buy now. The new presale token, $FXG, is riding on the impressive PropFi features of the FXGuys project.

The FXGuys presale has recently hit $3 million in funding, and experts believe it’s only a matter of time before the token starts a 10,000% price pump.

$FXG is currently priced at $0.04, exclusively available in Stage 2 of the public presale. This presents an entry opportunity, as the token price will increase significantly in subsequent stages, rising to $0.05 in Stage 3 and ultimately reaching $0.10 at launch.

Smart investors are stocking up on $FXG to take advantage of the 150% presale ROI.

News source:finbold.com

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