Here Are 3 Altcoins Dominating The Market Despite Bearish Wave

In the dynamic cryptocurrency space, a market downturn sends shockwaves across the board, but a few altcoins have defied the odds. Among them, FXGuys ($FXG) has emerged as a dominant force, standing out with its advanced technology and thriving user base. $FXG has gained traction due to its strong market fundamentals.

Other notable performers, including TRON (TRX) and Arbitrum (ARB), are showing resilience. Here is why the three altcoins are outperforming in bearish conditions!

FXGuys Empowers Investors with Advanced Technology and Real Rewards

FXGuys is a decentralized FX platform. It is enriched with security, privacy, and advanced technology, powering the core of its decentralized finance (DeFi) platform. Interestingly, FXGuys empowers investors with real rewards and capital.

The platform has a massive portfolio of tradable products that are community-centric. Also, FXGuys features analytical tools and funded accounts that share learning strategies and news and help investors earn huge profits.

Moreover, FXGuys has been an active community hub for traders since 2017. It provides Forex news and helps investors interact with like-minded people to exchange ideas and information while learning the crypto market.

The project is powered by a utility ERC-20 token, $FXG, that lets holders vote on different activities on the platform. The $FXG token allows holders to access rev share, trading discounts, benefits, and rewards, as well as acquire trading challenges. Soken audited the $FXG smart contract, proving its legitimacy in the market.

The project has a supply of 835,000,000 $FXG tokens available in different allotments. Its seed funding round was sold out by FXGuys email subscribers in 24 hours, with each $FXG token valued at $0.01.

Currently, in the private sale phase, priced at $0.015, $FXG’s official Stage 1 public sale will start in ten days. On that note, Seed investors have recorded 50% ROI already. These early investors will make a 200% profit once $FXG moves to Stage 1 of its public sale, trading at $0.03.

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TRON Shows Resilience Amid Market Volatility

In the first week of September 2024, TRX’s price dropped slightly, losing nearly 2.83%. This token started the week at around $0.160 but slowly slid, reaching a low point of around $0.151. The drop came from bigger market movements and investor sentiments that have intensified the selling pressure on TRX.

Even with the recent drop, TRX’s price showed signs of recovery. Thus, investors want to buy TRON’s native token despite recent setbacks. Several factors boosted TRX’s resilience. They include a growing revenue generated by its underlying TRON blockchain.

On the monthly chart, TRX is up by 22%, rising from lows of $0.124. It outperformed the general crypto market, pushed by a buzz surrounding the TRX memes.

Hoping to capitalize on this momentum, analysts predict a surge towards $0.255 in the coming weeks and possibly reach a new all-time high above $0.505 by the end of 2024.

Arbitrum to Surge Amid Growing Network Strength

While many cryptos encountered bears in the first week of September 2024, Arbitrum was slightly bullish. Nonetheless, the token seems on the verge of breaking above a bullish pattern. CoinMarketCap’s data showed that ARB bulls have returned and are trying to push the token higher.

The bad news that limited the bulls was that 0% of ARB investors were in the profit zone per IntoTheBlock. Interestingly, long-term holders increased slightly, highlighting their confidence in a price surge.

The great news was that ARB’s price was moving within a bullish pattern. World Of Charts, a renowned crypto news analyst, published a tweet highlighting a bullish falling wedge pattern.

Furthermore, the token’s network growth also increased massively. A surge in this metric means that more new addresses were created. Also, a bullish divergence appeared on one of ARB’s technical indicator charts, pointing to a possible bullish breakout.

ARB was valued at $0.502, up 0.14% at the end of the first week of September. Experts believe Arbitrum will surge to $0.615 this month, powered by bullish fundamentals in its underlying network.

FXGuys Dominates In a Bearish Market

Despite the recent crypto market bearish trends, FXGuys, TRON, and Arbitrum have remained resilient. Amazingly, FXGuys has become a major player, which is underpinned by its innovative features, decentralized platform, and strong community backing.

Moreover, its privacy-focused approach and highly rewarding ecosystem have attracted many investors to buy $FXG in its private sale phase. With the public presale phase just around the corner, the time is now to make the most out of this amazing opportunity!

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