As the crypto market continues pushing to emerge from the start-of-October crash, Solana (SOL) and BNB are targeting higher prices before the next bull run. Meanwhile, FXGuys ($FXG), an emerging Ethereum-based token, has stolen the spotlight from these established altcoins after performing exceptionally well during its ongoing public presale.
Is $500 attainable for Solana, and what’s next for BNB and broker-backed prop firm FXGuys? Read on to find out!
Solana Flatlines in a Week: Is a Bull Run in Order?
Solana has put up a lackluster performance over the past seven days. On October 1, 2024, SOL was changing hands at around $144.93. After trading around this level for a day, SOL joined the broader altcoin market in plunging after Bitcoin (BTC) triggered a rout after plummeting to the $60,000 range.
After trading as low as $133.60 on October 3, Solana started recovering, reflecting Bitcoin’s price movement. By October 8, Solana’s SOL had stabilized at around $145.18. This price means Solana has shed a meager 0.2% in a week, essentially trading sideways.
However, the 24-hour SOL trading volume is down 26%, indicating a growing selling force that might trigger further losses. This bearish outlook significantly threatens SOL’s potential rise to $500 during the next bull run.
FXGuys Captivates Investors With Its Trade2Earn Program
As Solana and BNB continue targeting higher prices ahead of the next bull run, investors are actively migrating to FXGuys to diversify their portfolios.
Investors are embracing FXGuys because its robust platform supports multiple asset classes, including crypto, commodities, forex, indices, and equities. This wide-ranging asset offering helps investors adjust their portfolios to withstand market crashes.
However, the highest-ranking feature of the FXGuys platform is its Trade2Earn program. This innovative program rewards traders in $FXG tokens for simply trading. Notably, FXGuys rewards all trades, profitable or not, encouraging traders to remain active.
Moving on, FXGuys has captured the attention of Solana and BNB traders because it boasts a Trader Funding Program. This program provides talented traders with up to $500,000 in real capital, helping them bet big on high-potential market opportunities. However, traders must pass the FXGuys challenge phase to become eligible for funding.
Traders that complete the challenge phase initially get up to $200,000 in funding, which they can scale over time by increasing their rates of trading profitably.
Amazingly, FXGuys only takes 20% of $FXG profits gained from the funded trades and leaves 80% to traders. With their $FXG holdings, traders can redeem trading benefits like lower profit targets or fund their peers to earn passive income.
Interestingly, traders can now join the $FXG public presale and stand a chance to rake in massive gains.
BNB Surges 5% in a Week: More Gains in Store?
Unlike SOL, BNB has performed decently over the past week. On October 1, 2024, BNB was hovering around $547.98. After two days of recording marginal price movements, BNB spiked on October 3 after OKX Connect added support for BNB Chain.
This bullish development saw BNB gain significant momentum, which pushed its price as high as $582.24 on October 8 before stabilizing at around $580.02. This price action means BNB has climbed 5% in a week.
Furthermore, the 24-hour BNB trading volume has spiked 26%. This metric signals growing investor interest in BNB. Should investors continue flocking to BNB, the altcoin is poised to jump further before the next crypto bull run.
The $FXG Presale Presents the Best Gains in the Next Bull Run
With SOL and BNB showcasing weak performances, $FXG has emerged as the top pick among investors ahead of the next bull run. $FXG has captivated investors because its limited supply of 835 million tokens underpins its long-term growth.
Also, $FXG has won over investors because Soken and SolidProof, two leading blockchain firms, audited its smart contract.
Furthermore, investors are flocking to $FXG because its presale has made significant progress. By October 2024, $FXG was underway with Stage 1 of its public presale, with each token going for $0.030.
This price means $FXG has surged 100% from the Private Sale Round price of $0.015. Once $FXG attains its listing price of $0.100, Stage 1 investors will enjoy a 233% ROI.
Interestingly, analysts expect $FXG to skyrocket after getting listed on leading DEXs and CEXs after its presale. This forecast explains why $FXG is the best crypto to buy before the next bull run starts.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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