- December 16, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Investors Are Confident That A $100 In FXGuys ($FXG) Could Return $10,000 Over XRP And Cardano appeared first on Coinpedia Fintech News
Turning $100 into $10,000 in the crypto market sounds like a treat. Investors are searching for such crypto investment options right now. FXGuys ($FXG), the new forex trading platform, continues to draw the attention of these investors to its presale, having already raised $3 million. With its innovative features, investors are confident of making at least a 100x ROI.
This influx into FXGuys has overshadowed the excitement caused by Ripple’s (XRP) 225% price increase and Cardano’s (ADA) 91% price increase in the past month. Let’s take a deeper dive into what is driving investor confidence in this DeFi token!
Ripple’s XRP Set For a Brief Price Correction Amidst Stablecoin Developments
Ripple Labs received approval from the NYDFS to launch its RLUSD stablecoin on December 10, 2024. This caused Ripple’s XRP to break its resistance level at $1.90 and record a short upward trajectory.
Though the market upswing has raised XRP’s price to $2.33, analyst Ali Martinez believes that the Ripple-backed token might see a brief price correction. Crypto expert Vincent Van Code shares a similar sentiment, explaining that this development alone cannot sustain an XRP price pump as it was simply speculative.
He expects the real pump to begin when the AMM/LP is set up on the Ripple chain. Thus, XRP is expected to briefly retrace to $2.06 before breaking out to $2.45 later in 2025.
Cardano Also Takes a Hit From the General Crypto Slump
Cardano’s ADA has dipped by 8.4% in the past week. ADA’s price dropped to $1.09 from a peak of $1.20, and ADA’s market cap also fell from $40 billion to $38.25 billion.
This price dip follows from the general crypto price correction after a November 2024 market boom. ADA’s slump in price, therefore, can be explained to be due to the coin crossing into the overbought zone, which then caused price exhaustion. As a result, traders subsequently began taking profit.
The projections for ADA’s future price are still conservative. The Cardano token is expected to remain around $1.40 for the next month.
FXGuys is Set to Revolutionize Forex Trading
Say goodbye to the lack of transparency, horrible customer support, and outrageous fees and commissions plaguing traditional forex trading firms. FXGuys combines the perks of TradFi with DeFi to create the first-of-its-kind decentralized prop firm.
The FXGuys Trader Funding program allows talented traders without capital to get $200,000 starting capital to trade various assets. These assets include crypto, FX, commodities, and indices.
Furthermore, successful traders enjoy a generous 80:20 profit split in their favor. The trader’s percentage increases as they scale their earnings.
Another important FXGuys offering is its Trade2Earn program, where investors benefit from trading consistently. $FXG tokens are awarded to each trader for each trade made, regardless of the outcome. The tokens accumulated can then be used to offset subscription fees and challenge fees on the platform.
Another major appeal is its no-KYC policy. This makes transactions on the FX Guys platform seamless, with traders able to get on board and start trading in an instant. It also protects investor privacy and anonymity.
Finally, traders can be assured of the safety of their assets as the platform passed its audit by two tier-one security companies, SolidProof and Soken.
Purchase $FXG, The Next Big DeFi Token!
$FXG is selling for $0.04 and is still in Stage 2 of its public presale. We believe the profit potential on $FXG is much greater than that of XRP and ADA.
Investors at this stage can earn a 25% profit when the presale progresses to Stage 3. Upon launch at $0.10, Stage 2 investors will gain a 150% profit. That is only the beginning, as there is enough utility and interest to propel the coin to a 1,100x price pump.
Additionally, token holders can participate in community governance. They get to vote and decide on key issues pertaining to the ecosystem. $FXG holders can also earn passive income by staking their tokens for rewards.
Finally, platform fees, subscription payments, and funding challenges can be paid with $FXG tokens.
Cardano (ADA) and Ripple(XRP) pale in comparison to $FXG. Get the best DeFi token in its presale now for maximum gains next year!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
