Crypto market players are showing interest in FXGuys ($FXG), an emerging prop trading company, as Ethereum (ETH) and Dogecoin (DOGE) deal with rising volatility. This new presale crypto coin offers stability and shelter against the bloodbath in the market, making it a preferred alternative to investors.
Read on to learn more about why investors accumulate $FXG as ETH and DOGE suffer!
FXGuys Introduces a Trader Development Program With Its Prop Trading Company
Market players are gravitating towards FXGuys because of its developmental initiative for traders. The prop trading company not only offers traders a platform to participate in day-to-day trading but also provides resources to improve their participation and performances.
For crypto beginners, FXGuys can be a good place to begin their journey in the industry. It offers educational resources to help them hone their trading abilities as well as a community of traders whose strategies they can replicate to achieve success.
As for skilled traders who need capital to foray into the financial market, the FX Guys Trader Funding Program was designed specifically for this purpose. Through this program, traders can access secure financing, up to $500,000 in trading capital, to trade their favorite assets.
To reward their participation, FX Guys deposit $FXG tokens into their wallets every time they execute a trade, thanks to the FXGuys Trade2Earn program. The tokens can be staked or used to access benefits like increased drawdown limits and reduced profit targets.
The prop trading company also offers a competitive staking scheme in which $FXG holders can access up to a 20% APY. This staking offering and the trader developmental programs make FX Guys the best prop trading company and go-to platform for crypto traders amid Ethereum and Dogecoin’s volatile phase.
Ethereum Breaches the $3,300 Support Level Due to Increased Sell-off
Ethereum has experienced a significant drop in price as whale investors continuously relinquish their holdings. During the latest dip, the flagship altcoin breached the $3,300 support zone to the downside following recent transactions on Binance.
According to Lookonchain, a blockchain activity tracker, an Ethereum whale transferred 31,968 ETH valued at $122.3 million to Binance in two days. Another whale unstaked and sent 49,910 ETH worth $170 million to the same exchange within eight hours.
These transactions have sparked sell-off speculations, particularly because the tokens are a means to pay off debts incurred on the Aave and Spark platforms. In addition to these transfers, the Ethereum Foundation recently sold 100 ETH at an average price of $4,000, exchanging it for DAI.
As selling pressure mounts on ETH from these sell moves, investors shift to $FXG to stave off losses. ETH has lost 13.04% of its market value this week, dipping to $3,356.
Doji Candlestick Pattern Emerges on Dogecoin’s Chart: Can DOGE’s Price Rebound?
Similar to ETH, DOGE has also recorded notable declines due to market volatility. However, recent developments show that the premier meme coin may have found a local bottom.
Notably, a Doji Dragonfly appeared on Dogecoin’s chart at the 0.618 Fibonacci level, equivalent to the $0.272 level. This pattern often signals a local bottom, suggesting that DOGE could witness a price reversal soon.
Market sentiment has also shifted, with a candlestick wicking to $0.142, followed by an immediate reversal upward. The doji candlestick implies that sellers are exhausted, and buyers may take over soon.
However, with no clear move from buyers, investors are shifting their focus to $FXG. This week, DOGE is also down 20.85%, trading for $0.318 per token.
ETH and DOGE Investors Turn the $FXG Presale Crypto Coin Amid Volatility
With no improvement yet from ETH and DOGE, the presale crypto $FXG has become the go-to option for investors. This token offers an exciting value proposition, making it the best presale coin to buy.
Currently, in Stage 2 of its public presale, $FXG is valued at $0.04, up 166% from its Private Sale Round price of $0.015. At launch, early participants will sit on over 5x returns.
However, new investors can still secure a 150% ROI from the presale crypto coin before its exchange listing. Experts say their profit may skyrocket tenfold after its official launch. To take advantage of this profit overview, join the presale now!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses
 than Ethereum (ETH) and Dogecoin (DOGE) in the face of volatility as the presale crypto coin offers stability.){kind=link}