Shiba Inu (SHIB) has experienced a surge in its burn rate, drawing major investors keen to capitalize on its momentum. In one day, over 2.6 million SHIB tokens were removed from circulation, demonstrating the community’s commitment to increasing scarcity. Meanwhile, a new altcoin FXGuys ($FXG) is challenging established players like Litecoin (LTC) with impressive growth and innovative features.
FX Guys is gaining recognition for its trade-to-earn model, fast payouts, and excellent customer support. This proprietary trading firm provides traders with essential tools, including a custom-built platform, advanced analytics, and access to real capital. With its presale selling out quickly, FX Guys is setting records that rival top performers like Litecoin.
This article explores the innovative strategies behind $FXG, which is competing with established altcoins like LTC amid the rapid growth of SHIB.
Shiba Inu (SHIB): Significant Milestone in Token Burns and Community Efforts
Shiba Inu recently achieved a major milestone as its burn rate soared within 24 hours. Data from Shibburn shows over 2.6 million SHIB tokens were permanently removed from circulation through six transactions. The largest burns, each exceeding 1.5 million SHIB, came from the same anonymous wallet, emphasizing the community’s commitment to reducing supply.
Despite this increase in burn rate, SHIB’s price dropped by 3%. A previous pause in burns had briefly sent the rate to -100%. Overall, the SHIB community and developers have burned about 410.7 trillion tokens, reflecting a sustained effort to enhance SHIB’s scarcity.
Litecoin (LTC): On-Chain Activity Soars to 17-Month High Amid Market Volatility
Litecoin recently experienced a surge in activity, briefly breaking out of a descending channel despite an earlier downtrend. The project’s on-chain activity hit a 17-month high, reflecting renewed interest. According to IntoTheBlock, Litecoin’s blockchain processed over 512.8 million tokens recently, amounting to $36.6 billion in transactions.
This increase in on-chain movement signals rising adoption and demand for LTC. Such heightened blockchain activity often points to broader acceptance, demonstrating its resilience in the market. However, with emerging altcoins like FX Guys attracting attention, Litecoin may encounter tougher competition as investors explore new options.
FXGuys ($FXG): Maximizing ROI with Trade-to-Earn and Staking Innovations
Major investors are flocking to FX Guys, viewing it as one of the best altcoins to buy for the next bull run. Its native currency, $FXG, is experiencing strong demand as traders take advantage of its unique offerings, including a discount of $0.03. Over 107 million tokens have been sold in this presale, indicating solid market acceptance.
FX Guys projects a 33% increase in the next presale phase and a 200% profit upon launch, establishing it as a top crypto trading platform for 2024. The platform offers a variety of assets, including cryptocurrency, forex, indices, and commodities. Its trade-to-earn program rewards traders for every trade, with redeemable tokens providing benefits like lower profit targets and increased drawdown limits.
For those seeking passive income, this proprietary trading firm offers staking opportunities with $FXG tokens. Participants earn a 20% share of broker trading profits and receive double-digit APY. They also benefit from revenue shares from spreads and fees. This makes FX Guys an appealing wealth-building platform for long-term investors.
FX Guys ($FXG): Unlocking Opportunities Through Advanced Trader Funding Programs
Through its Trader Funding Program, FX Guys provides retail traders access to significant trading capital. Traders who pass evaluations can qualify for accounts funded with up to $500,000 and enjoy an 80/20 profit split in their favor. This setup attracts those seeking the best crypto trading platform with strong financial backing, showcasing FX Guys’ dedication to user empowerment.
The FXGuys supports same-day fiat and crypto deposits and withdrawals in over 100 local currencies, providing traders worldwide with speed and flexibility. With a no-tax policy on trades, the platform simplifies the trading experience, making $FXG a top contender among the best altcoins to buy for the next bull run. These features enable FX Guys to compete with established players like Litecoin, paving the way for a strong future.
Final Thoughts
As Shiba Inu experiences explosive growth in its burn rate and attracts major investors, FX Guys is emerging as a strong competitor to Litecoin. With its innovative trade-to-earn model and swift market acceptance, The FX Guys presents a compelling opportunity. Investors should act now to capitalize on the momentum around $FXG, especially as its presale gains traction and promises significant returns.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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