In recent weeks, the new crypto project, FXGuys ($FXG), has gained significant traction and support from prominent Ethereum (ETH) and Chainlink (LINK) Investors. The FXGuys project’s approach to trading, earning, and staking sets it apart as it emerges as one of the top altcoins in the crypto market.
With these industry heavyweights backing FX Guys, could this project be the next giant in DeFi? Let’s see why this DeFi coin is capturing the interest of some of the biggest names in the industry!
ETH on the Rise: Lower Fees and Dencun Upgrade Drive New User Adoption
On October 22, 2024, Santiment, a market intelligence platform, released a report highlighting Ethereum’s transaction fees, which have reached $1.63 for the first time in a while. This reduction in fees has been linked to the implementation of the Dencun upgrade on the Ethereum network.
Lower fees are set to improve on-chain activity and drive higher trading volumes. They will make Ethereum more accessible to more users, from retail investors to smaller DeFi participants. This change also lowers entry barriers for new users, strengthening Ethereum’s position among top altcoins.
ETH has seen a slight price increase since the release. The token moved from $2,665.65 to $2,693.17 between October 22 and October 30, 2024. Looking ahead, market analysts predict a continued price rise. The second-leading cryptocurrency is expected to reach $2,764 in November.
Bedrock and Chainlink Unite: A New Era for DeFi Security
Bedrock recently announced a strategic partnership with Chainlink. This collaboration includes Chainlink’s Proof of Reserve, Cross-Chain Interoperability Protocol, and Price Feeds.
The integration will enhance transparency, trust, and asset composability across DeFi applications. It is expected to enhance Chainlink’s operation, and position the DeFi coin as a key player in the crypto market.
LINK has seen a 6% price increase within the last week. The altcoin’s price rose from $11.59 to $12.31 between October 25 and October 30, 2024. Given its latest collaboration with Bedrock, analysts project a continued increase for the altcoin. LINK could potentially reach $13.30 in November.
FXGuys: The DeFi Coin That’s Changing the Game
Despite the bullish trends of ETH and LINK, the FXGuys public presale is capturing the attention of Ethereum and Chainlink investors, who recognize its strong potential as an altcoin.
$FXG is a new utility DeFi coin available on the ERC-20 network and serves as the native token for the FXGuys platform, an innovative online trading platform designed to address major issues that crypto traders face in the financial market.
The FX Guys project offers several programs, including the Trade2Earn program, a prop firm funding program, and a staking program. In the Trade2Earn program, traders earn $FXG tokens each time they initiate a trade, regardless of the outcome. The tokens earned can be used to access advanced analytics tools on the platform.
FXGuys also provides a prop firm funding program, allowing talented traders to access trading capital of up to $500,000. This fund allows traders to take advantage of market opportunities, as traders get 80% of the profits and 20% goes to FX Guys.
Additionally, the staking program is flexible, allowing $FXG holders to use already staked tokens on the platform. It also provides passive income based on their share of the staking pool.
As FXGuys continues to distinguish itself among the top altcoins in the DeFi space, its special programs and strong backing from Ethereum and Chainlink investors position it clearly in the crypto market.
Unlocking Profits: How the $FXG Presale Positions It Among Top Altcoins
FXGuys is starting to take the lead in the DeFi sector by providing investors with opportunities to profit through a combination of trading capital and staking programs.
The project’s community has continued to grow since its launch, having raised over $1 million in its private presale round. $FXG has now progressed to Stage 1 of its public presale, with tokens currently being sold at $0.03.
The DeFi coin’s launch price is set at $0.10. With over 113 million tokens sold so far, investors are anticipating a 233% ROI post-launch, positioning $FXG among the top altcoins in the crypto market!
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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