Crypto investors are targeting FXGuys ($FXG), a DeFi prop trading company, after data shows that $FXG has a higher profit margin than Ethereum (ETH) and Pepe (PEPE). Because of its potential to surpass these top crypto coins, investors consider the prop firm coin a good crypto to buy.
This article will provide a detailed analysis of $FXG to clearly explain why it could be a better investment alternative than ETH and PEPE.
The FXGuys Prop Trading Company Boosts Profitability Via Diversification
Diversification is a major investment technique that guru investors encourage market participants to adopt in order to taper risk exposure and snowball profitability. Thanks to FXGuys, an up-and-coming prop trading company, this system can become a routine for seasoned and rookie investors.
The FXGuys prop trading company allows users to access several financial market sectors, consisting of stocks, commodities, indices, crypto, and FX. With investors able to invest in diverse sectors, they can diversify their portfolios and potentially boost gains.
FXGuys can even provide funding options from $200,000 to $500,000, depending on long-term profitability. The requirement to qualify for this incentive involves a challenge phase similar to a test run to determine their ability to trade profitably.
A profit-sharing system where 80% of the profits go to the trader has been put in place, making the entire program trader-friendly.
Moreover, traders will be rewarded with $FXG tokens, which will be credited into their FXGuys wallets per trade, regardless of the outcome. These tokens can be used to capitalize on future trading benefits on the FX Guys platform, among others.
$FXG holders may also choose to stake their tokens for passive rewards, such as 20% of the platform’s annual revenue. This medium can serve as a lucrative wealth-building strategy, which is sustainable even in a bear market.
It is worth noting that $FXG holders and stakers will be eligible to participate in the development programs on FXGuys, such as voting.
Ethereum Foundation Sells More Coins as Prices Rise
The Ethereum Foundation continues to dump more ETH on the market as the value of the second-largest cryptocurrency by market capitalization surges. Per a recent report by Spot On Chain, the Foundation swapped 100 ETH for 334,315 DAI on November 12, 2024.
This sale marks the Foundation’s first ETH sale since it released its annual report for 2024 last week. Spot On Chain, an on-chain activity tracker, shared additional insight on the Foundation’s ETH sales in 2024.
According to the tracking firm, the Foundation has sold 4,266 ETH valued at $11.83 million this year at an average price of $2,773. It dumped 1,250 ETH worth $3.07 million in September and 300 ETH, sold for $759,000, in October.
Despite the concerns raised over these sales, ETH remains unfazed and is rising instead. At present, the flagship altcoin trades at $3,225, having risen 24.86% in a week.
Pepe Slows Down As Price Approaches Key Resistance
PEPE’s uptrend has been interrupted by a rejection at a critical resistance zone, with the price descending to the nearest support at $0.00001152. Following a brief stint of upbeat performance, the meme coin ran into an impasse at $0.00001313, leading to a pullback.
The four-hour chart shows PEPE losing an upward drive and eyeing a slump to the $0.00001152 support zone and the 100-day Simple Moving Average. This data indicates mounting selling pressure that could result in the start of a bearish trend, sparking concerns about the meme coin.
Market players are now watching the $0.00001152 support zone to see how the price will react at this level. Whether it will rebound or fall into a steep decline remains to be seen.
This brewing negative sentiment is driving attention away from PEPE to a prop firm coin, which experts believe is a good crypto to buy. At the time of this development, PEPE had gained 41.97% within seven days, with its price at $0.00001339.
$FXG: The Prop Firm Coin Hailed as a Good Crypto to Buy
As the native token of FXGuys, experts consider $FXG to be a good crypto to buy. Data shows that investors can realize up to 10,000% of their invested capital before this bull cycle climaxes. Participating in its ongoing presale will give investors a head start.
Priced at $0.03 in Stage 1 of the public presale, FXGuys is offering investors an early chance to acquire the prop firm coin while it is still undervalued. By the time $FXG is listed on exchanges at $0.10, most people who ignore the prop firm coin now will likely experience FOMO.
Based on $FXG’s projection, the DeFi coin has a higher profit margin than ETH and PEPE, making it a better investment alternative. Hence, investors are urged to capitalize on this opportunity before the window closes for good.
To find out more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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