Cryptocurrency pundits have made bold assertions that a $100 investment in FXGuys ($FXG) could yield millions in returns before Sui (SUI) and Dogs (DOGS) can do the same. Given its focus on introducing a relatively new financial model to the DeFi landscape, FXGuys’ native token, $FXG, possesses the potential to grow every investor’s portfolio into astonishing figures.
Let’s find out why experts believe $FXG will surpass top altcoins and make millionaires in the crypto market!
FXGuys Drives DeFi Innovation With Its Multi-Asset Trading Platform
While proprietary finance (PropFi) has existed for almost a decade, FXGuys is breathing new life into this financial model by integrating it into decentralized finance (DeFi). By adopting traditional finance (TradFi) methods, FXGuys aims to create a new DeFi and PropFi hybrid ecosystem devoid of the inefficiencies and inadequacies of other prop trading business models.
FXGuys is a decentralized multi-asset trading firm and broker that provides real trading capital through a trader funding program designed to underwrite funds to traders needing liquidity to participate in the financial market.
Through the Trader Funding Program, traders can get up to $500,000 to trade forex, Crypto, equities, indices, and commodities, depending on their preferences.
The profit from every trade will be divided 80/20, where 80% goes to the trader and 20% to the FXGuys platform. However, this arrangement is prone to more favorable adjustments in the long run, depending on traders’ profitability records.
Traders are also rushing to the new Web3 trading platform for its promise to offer stunning yields on staking. $FXG holders will be able to stake their holdings and sit back to enjoy earnings without actively participating in trades.
Several resources are available on the platform, such as charts, AI tools, educational materials, community support, and social and copy trading tools to guarantee the success of every trader.
Also, with the Trade2Earn program on FXGuys, traders will be rewarded with $FXG tokens whether or not they’re profitable. The tokens generated from this reward system can be used to lower profit targets and increase drawdown limits on trades. This is nothing like anything offered by other online trading platforms before.
Moreover, FXGuys has a juicy, profitable $FXG presale going on. The presale is in Stage 1, with the tokens trading for $0.03 each. Experts believe investing $100 in $FXG could yield millions following the token’s exchange launch. This places $FXG ahead of top altcoins!
Sui Foundation Modified RfP Grant Program to Equip Developers
The Sui Foundation has disclosed an important update to its Request for Proposal (RfP) program, which was developed to create more opportunities for blockchain developers within its network. This announcement was published in a blog post on the Foundation’s website on October 16, 2024.
The program was redacted to match the varying needs of the Sui community via several timed projects. The new RfP initiative presents two key elements: rolling RfP cohorts and flash RfPs.
Rolling cohorts are designed for long-term projects that demand considerable time and resources, allowing developers to handle juggernaut problems. Meanwhile, flash RfPs concentrate on short-term projects that require immediate responsive solutions to urgent ecosystem sine qua nons.
This program will open the door to advancements within the Sui network, speeding up growth and development through focused financing and strategic project arrangements. Following this news, SUI gained 6.55% to $2.14, outperforming every altcoin on the top 100 list in the last 24 hours.
Notcoin Joins Forces With DOGS to Burn 4.7 Billion Tokens
In a recent move geared towards improving the internal and external condition of the Dogs ecosystem, community members burned 4.7 billion DOGS tokens during the highly-awaited burn event on October 11, 2024. The burn move was done in tandem with Notcoin, the Telegram-based gaming project behind NOT.
The event was live-streamed on the official X handle of DOGS, attracting over 100,000 viewers. Meanwhile, the hype around the burn event has yet to impact DOGS’ price meaningfully.
DOGS’s price subsequently dropped along with its market capitalization, albeit maintaining its original position as the 145th largest cryptocurrency by market cap. Per market data, DOGS’ market cap fell to $120,207,178, a 19% decline.
Burn events are supposed to reduce the circulating supply of a cryptocurrency and boost its price. In DOGS’ case, the token shed 5.32% of its market value, sliding to $0.000741.
$FXG Stands Tall Against Top Altcoins
While SUI makes upward advances and DOGS plots a course down the charts, $FXG is set to stand out among these altcoins. As a community-driven token, $FXG will give holders the right to participate in FXGuys’ ecosystem activities, such as voting, staking, and profit-sharing.
Like other assets, $FXG will increase in value over time based on the forces of demand and supply. With its growing ecosystem and platform success, the altcoin embodies the prospect of increasing in price and making early investors richer, particularly by joining its presale.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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