As the Fear and Greed Index (FGI) in the crypto market climbs to 60, top altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB) remain in the spotlight. However, a new multi-asset trading platform, FXGuys ($FXG), is stealing the spotlight and is projected to surpass them.
With the potential to deliver life-changing returns, DOGE and SHIB whales have added the $FXG token to their portfolios. But is FXGuys truly the best crypto to buy now? Let’s see why experts believe this rising star has what it takes.
FXGuys Redefines Financial Access Through Staking and Trade2Earn
FXGuys is redefining how we interact with financial systems. Every day, top DeFi projects around the world try to build on TradFi’s reliability. While some came up short, FXGuys has successfully launched a broker and proprietary trading firm that provides real financial access.
More than ever, traders need the best resources to capitalize on market positions. Giving traders the capital or tools necessary will only partially solve the problem.
So, FXGuys devised a staking mechanism that not only supports $FXG holders with passive income but also replenishes its ecosystem. With over 20% of annual profit going to stakers, FXGuys is sure to get a consistent supply of tokens and a high influx of traders.
Through FXG’s unique Trade2Earn program, traders receive tokens automatically as they create trading volume. Those who aren’t frequent traders can lock their $FXG into a liquidity pool. Regardless of the trade outcome, tokens are credited to your account based on the trading volume.
The most exciting aspect? Anyone can participate. True to its decentralized and secure nature, FXGuys does away with KYC procedures and any documentation whatsoever.
Dogecoin’s Price Action Signals Neutral Sentiment
Interest in Dogecoin is slowly wearing out due to its price correlation with Bitcoin (BTC). The price action of the Dogecoin market has fluctuated between the greed and fear zones since May 2024, painting neutral sentiments around the DOGE token.
Despite a surge of 17.6% in the past week, nearly a quarter of all active DOGE addresses are in losses. Technical indicators also reveal bearish on-chain signals about the true growth of Dogecoin’s underlying network.
With Dogecoin exhibiting the high volatility typical of meme coins, some DOGE holders have started looking elsewhere. Predictions say the ongoing rally of Dogecoin suggests no long-term benefit and could continue its frequent rise-and-dump trend.
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Shiba Inu’s Volatility Raises Concerns
Since the start of October, Shiba Inu’s SHIB has declined by 4.36% from $0.00001859 to $0.00001778. With over 11% volatility rate, market indicators like the simple moving averages (SMAs) have tilted to sell.
Recent risk analysis highlights that Shiba Inu, in the past year, has been outperformed by a third of the top 100 cryptocurrencies. Compared to other top DeFi projects, Shiba Inu is falling short of expected growth, as the SHIB token is predicted to decrease by 13% in the coming months.
If SHIB can surge above its immediate resistance level of $0.000018, it may receive more market attention. Otherwise, its inability to do so may force prices further down as Q4 wears on.
Grab FXGuys Tokens on a Limited Time Offer
Priced at just $0.03 per token, the first stage of the $FXG presale is nearing its end. Participating in the presale offers early investors unique benefits, including access to exclusive features and discounted token prices.
Additionally, investors can take advantage of a limited-time 10% welcome bonus now that over 66% of the tokens in the first stage have been sold. Furthermore, FXGuys has recently been audited by a top security firm, Soken.
For those looking for the best crypto to buy today, now is the time to invest in FXGuys and see a boost to their portfolio with the rise of the next major crypto market player.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
USE PROP10 FOR 10% BONUS
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/10/dogecoin-and-shiba-inu-coin-whales-drawn-by-massive-profit-margin-on-fxguys-fxg-ahead-of-an-explosive-price-surge