Top altcoins like Solana (SOL) and Cardano (ADA) have staged different performances on the charts as the crypto market gradually enters a renewed bearish trend. This varied performance has seen investors start diversifying their portfolios. Meanwhile, experts have spotted FX Guys ($FXG), an upcoming DeFi coin that has maintained a bullish trajectory during its presale. Specifically, this DeFi coin has seen a 100% price increase during its presale.
Will FX Guys maintain the momentum to challenge established cryptos like Solana and Cardano? Let’s discover!
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Solana Surges Despite Bearish Trend: Is SOL One of the Top Altcoins to Buy?
Solana has been one of the best-performing cryptos in the top 10 over the past seven days. On October 16, 2024, SOL was trading around $154.64. Solana shot up the same day after an a16z report disclosed that builders’ interest in Solana had almost doubled in 2024.
This bullish news saw Solana set a weekly peak of $170.34 on October 21. However, the excitement about this news faded, and Solana started correcting downward. By October 23, Solana had stabilized at around $164.68. This price movement means Solana has gained 6% in a week.
So, is Solana one of the top altcoins to buy now? Per experts, SOL will continue pumping due to the October 22 news of BagsApp, a social media messenger that lets investors trade with their peers and friends, launching on Solana.
Cardano Flatlines at Around $0.35: What’s Coming Next?
Cardano has underperformed over the past seven days. On October 16, 2024, the Cardano price was hovering around $0.35. Notably, ADA attained this price after Binance MENA pledged to support the 2024 Cardano Summit.
This bullish announcement saw ADA gain steam and climb as high as $0.37 on October 21. By October 23, Cardano had stabilized at around $0.35. This price means Cardano’s ADA has traded sideways in a week.
However, experts expect Cardano to turn bearish and plunge sharply after the online buzz about the Cardano Summit fades. This forecast explains why investors are not including ADA in their list of top altcoins to watch.
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FX Guys Outshines Top Altcoins With its Trade2Earn Feature
As SOL and ADA investors continue diversifying their portfolios, FX Guys, an upcoming DeFi and PropFi platform, has gained momentum due to its unique features. This new trading platform has gained investor confidence because it allows them to tap into multiple assets, including top altcoins in the crypto market, commodities, indices, and FX.
However, the highlight of the FX Guys platform is its Trade2Earn program, which offers traders rewards for simply trading. Specifically, the FX Guys Trade2Earn program rewards investors with its native DeFi coin dubbed $FXG. Amazingly, investors get $FXG rewards regardless of whether their investments are profitable or not.
Through this program, investors can easily increase their net returns. With the $FXG they earn, investors can redeem trading benefits or subscribe to tools to boost their trading skills. Moreover, traders can stake this DeFi coin and earn up to 20% of the revenue FX Guys generates from its annual trading volume.
Apart from its Trade2Earn program, FX Guys has wowed investors because of its prop firm funding program. This remarkable program gives talented traders running low on funding between $200,000 and $500,000 in real capital. This capital gives traders the much-needed liquidity to execute trades confidently.
However, it is worth noting that traders must clear the challenge phase, which tests trading skills, before qualifying for the PropFi funding program.
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$FXG: The Best DeFi Coin to Invest in?
As SOL and ADA investors continue searching for top altcoins to diversify their portfolios, $FXG has quickly gained momentum during its presale. As of October 2024, this DeFi coin is in Stage 1 of its public presale, and its price stands at $0.030. This price point means $FXG has surged 100% from the Private Sale Round price of $0.015.
With $FXG’s launch price set at $0.100, Private Sale Round and Stage 1 investors will enjoy returns of 566% and 233%, respectively, when this DeFi coin goes live on leading exchanges. This projected growth explains why experts believe $FXG might soon surpass Solana and Cardano.
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/fx-guys-fxg-steals-the-show-from-top-altcoins-like-solana-and-cardano-after-surging-100-during-its-presale