Ethereum (ETH) is currently losing value and has fallen by more than 15% in the past week. The price has failed to recover above the $3,500 level and the declines have continued. The pre-sale saw significant interest from large investors who took advantage of the flexibility, decentralized solutions, and special trading features. As a result, around $3.2 million in funding was raised and market experts continue to maintain long-term bullish expectations for Ethereum’s price. This article discusses FXGuys’ strategies to attract long-term investors to the project amid Ethereum’s price decline.
Ethereum is struggling to recover from the $4,000 level and has lost significant value over the past seven days. It is currently trading around $3,800, down 15% from last week. Despite Ethereum’s struggles, some analyses suggest that the leading altcoin could see a recovery in the future. The cautiously optimistic atmosphere regarding Ethereum’s price is taking shape as some key metrics are tracked. According to the shared data, Ethereum’s Estimated Leverage Ratio has reached its highest level, indicating the increasing risk appetite of investors in the derivatives market. This situation suggests that investors continue to trust in the potential for Ethereum’s price to return to its peak.
FX Guys ($FXG): Raises $3.2 Million in Early Funding
FXGuys is a fast-growing decentralized trading and proprietary project. Currently, FXGuys is offering its tokens at $0.04 per token in the second round of its public presale, with the price set to increase to $0.05 in the third round. High trading volume from long-term investors has helped the $FXG token gain value; $3.2 million in early investment has been raised in the project.
FXGuys also offers a Trader Funding Program that gives skilled traders access to funded accounts ranging from $200,000 to $500,000, allowing them to trade crypto, forex, commodities, and indices. Traders receive 80% of their earnings, while the platform can pay out in over 100 fiat and cryptocurrencies on the same day. Additionally, this ICO offers zero trading taxes, with users paying no additional fees when trading on the platform.
FXGuys’ Trade2Earn model rewards users with $FXG tokens for every trade, even if they are not profitable. Staking tokens also offers another opportunity for $FXG holders to earn passive income. Users can earn up to 20% of the platform’s trading returns when they contribute to staking pools.