The crypto market has witnessed a profound shift as Bitcoin (TC) surged to new heights following the US presidential election results. The BTC/Gold ratio rallied by 12% on November 6, recording the highest outperformance against gold in a single day since February 2022. This significant surge signals a change in investor sentiment, with funds flowing from traditional assets to digital alternatives.
Investors and institutional players are rapidly adjusting their portfolios to capitalize on BTC’s strengthening position in the market. Their attention is equally being pulled to FXGuys ($FXG) a proprietary trading company merging decentralized finance (DeFi) and traditional finance (TradFi) on the blockchain. Explore this new altcoin and the features spotlighting it amid Bitcoin’s golden rally.
Bitcoin’s (BTC) Golden Moment
Gold’s status as a safe-haven asset to shield investors from the effects of economic instability is dwindling. This status is now shifting to digital assets, namely Bitcoin following this cryptocurrency’s rally against the precious metal. Rising interest rates have begun to dampen the gold’s allure while the technological advantages of Bitcoin and growing institutional adoption attract investment.
BTC’s market position and potential role in the financial system is bolstered by the election of a pro-crypto candidate, amplifying the regulatory future of the crypto market. The coin’s price momentum has been on a steady uptrend with a trading value around $86k and gaining. With its dominance reaching 58.9% and the Fear and Greed index at 79, market indicators strongly suggest this trend could continue.
FXGuys ($FXG): Incentivizing Trading With Impressive Rewards
The quest for safe-haven assets has thrust FXGuys into the limelight, featuring forex and crypto trading on a platform that also supports indices and commodities. The project focuses on providing a smooth experience for retail traders who are often bothered by high fees and limited access. The prop firm offers access to its custom trading platform, FXGuys Trader and other platforms like MT5, Match-Trader, cTrader, and DXtrade.
Users on the platform can access risk-free trading and are provided with advanced analytics and tools to improve their success rates. The most active and liquid markets are available for traders who connect their wallets to FXGuys, without any KYC requirements. Traders will also enjoy same day deposits and withdrawals using crypto and over 100 fiat currencies
This proprietary trading company rewards activity through a Trade2Earn program that awards $FXG tokens irrespective of the outcome, boosting trading volume. Traders can use their accumulated $FXG tokens to enter challenges for a chance to win funded accounts. Capital for trading is available through the Trader Development Ecosystem up to $500,000, with profit splitting 80/20.
FXGuys ($FXG) Presale: Strong Early Momentum
The presale for the native token of this ICO crypto, $FXG is underway, selling at $0.03 in its first round. This utility ERC-20 token supports voting, revenue sharing, discounts, rewards, and benefits on the platform. Users who stake their $FXG tokens will support its value over time and gain access to 20% profit and revenue share from broker trading volume.
Over 92% of this round has been purchased, accounting for about 132 million tokens from the 292.5 million tokens allocated to the public presale. The fourth round of the presale is set to run at a DeFi coin price of $0.04, about 33% increase for early backers. These features and the trending presale are pushing this altcoin and its crypto trading to new heights.
Conclusion
Market analysts predict a prolonged rally for Bitcoin hinged on the coin’s potential to push beyond its current momentum and continue outperforming gold. FXG is positioned to ride BTC’s growing hype with an ICO crypto project transforming trading on the blockchain. The opportunity to gain 200% ROI makes $FXG a top choice as it aims for new records.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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