As Cardano (ADA) and Solana (SOL) fall, a new DeFi platform, FXGuys ($FXG), has become a prominent alternative offering bullish opportunities for early investors. FXGuys features innovative financial solutions that combat the drop recorded in major altcoins, making it appealing to traders with its advanced features and yield-generating potential.
Shaping up as a dominant player in the DeFi sector, FXGuys is rapidly rising and attracting investors who want to capitalize on new growth prospects. Read on to discover more!
FXGuys: A Cutting-Edge DeFi Platform Revolutionizing FX Trading
FXGuys is a decentralized FX ecosystem with increased security, privacy, and technology at the core of its groundbreaking DeFi platform. Notably, FXGuys empowers traders with real capital and tangible rewards.
This community-centric trader development platform has an extensive portfolio of tradable products, analytical tools, and funded accounts that allow traders to share news, learn strategies, and earn significant profits.
Notably, FXGuys is powered by $FXG, a utility ERC-20 token that allows holders to vote on various platform activities, access trading discounts, rev share, rewards, benefits, and purchase trading challenges. Soken audited the $FXG smart contract extensively, helping prove its legitimacy and viability as a long-term investment.
FXGuys is revolutionizing the crypto space by leveraging advanced technology and blockchain to deliver a smooth desktop, web, and mobile trading platform experience. Its simple payment options enable investors to withdraw and deposit crypto and fiat in at least 100 local currencies directly to their bank without limits. FXGuys is attractive to users who value privacy since there is no KYC involved.
Interestingly, FXGuys has a total supply of 835,000,000 $FXG tokens offered in various allotments. 35% of these $FXG tokens are available in the public presale, 17% in the staking and rewards pool, 11% in marketing, 10% in listing and liquidity, 8% in the private round, 7% in funding program, 6% for the team, 3% for the legal activities, and 3% for the Seed round.
The seed funding round, with each $FXG token valued at $0.010, was filled by FXguys email subscribers within 24 hours. Currently, the project is in the private sale phase, valued at $0.015, and the official Stage 1 public sale is scheduled to start within ten days.
Seed investors have already made 50% on their investment and will make 200% once $FXG transitions to Stage 1 of its presale, valued at $0.03. If you join now, you can earn over 900% returns once $FXG launches on multiple exchanges at the end of the presale!
Cardano’s Chang Upgrade Faces Market Struggles
Cardano is heading towards the largest upgrade it has ever implemented; the Cardano Chang upgrade is part of the Voltaire era, the last step, according to Cardano’s roadmap. The upgrade will create grounds for Cardano to make it a self-sustaining program.
Nonetheless, ADA plunged as the general crypto market dropped. The launch of the Chang hard fork was not enough to prevent the bears from dominating as it fell, losing key price levels. The silver lining amidst this scenario is its appeal as investors look to buy.
In the first week of September 2024, ADA dropped by over 7%, plummeting from a high of $0.36 to $0.32. The drop extends to the monthly charts –from the $0.41 mark. As Cardano strives to break the next critical resistance, a bigger downswing may follow, possibly retesting $0.31.
ADA was valued at $0.34, down 1.48% in the past month. Experts believe Cardano’s ADA will struggle below $0.36 in September, suppressed by increased selling pressure in the market.
Solana Dips 16.7% as Market Bearishness Persists
Solana has witnessed turbulence in recent weeks. CoinMarketCap data shows that SOL lost over 16.7% in the past month.
However, crypto analyst Posty is bullish about this cryptocurrency. In his X post, he claimed people will be annoyed after SOL surges above $190.05. Nonetheless, Solana’s technical analysis shows the bears are still dominating the market.
SOL is among the top altcoins in the DeFi space. Notably, Solana is a favorite destination for DeFi services and solutions, contributing to increasing demand for SOL. Its massive meme ecosystem is responsible for its growing demand.
Interestingly, Solana stumbled in the past week, losing critical support. On the weekly chart, SOL lost over 7% in the first week of September 2024, from $140.08 to $127.85. That is part of a dump from the monthly high of $162.18.
While it slowly regains momentum, confidence is on the low. Fear of more drops exists, with critics hinting at a plunge toward $100.15 before SOL regains a sustained upside momentum. Analysts say Solana will drop to $123.85 in September, suppressed by increased selling pressure.
FXGuys Competes With Established DeFi Operators
As Solana and Cardano struggle with dropping value and general crypto market turbulence, FXGuys’s $FXG stands out, offering lucrative investment opportunities in the DeFi sector. With its groundbreaking approach to DeFi and forex trading, FXGuys provides an alternative for investors who want to shield their portfolios from the current downturn in major altcoins.
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.
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