The crypto market has been witnessing significant increases and fluctuations recently. Although experienced investors are accustomed to periodic volatility, altcoins such as AAVE and Pudgy Penguins (PENGU), which were among the most popular projects a while ago, are currently experiencing declines and are leaving the list of "best altcoins to buy". AAVE rose to $400 in mid-December due to the rally following Donald Trump's November election victory. However, AAVE lost value in the following weeks due to increasing selling pressure.
AAVE lost a key support level when it dropped to $343 on Dec. 19, signaling that the bulls are losing steam. Aave’s Realized Profit/Loss (NPL) ratio on the network has increased rapidly, suggesting a potential double-digit correction for the Defi token.
Currently, AAVE is trading at $313, down about 14% on a weekly basis and 4.8% on a daily basis. The short-term outlook for AAVE is not very promising, and it is not currently considered one of the best options to turn $100 into $10,000.
On the other hand, the FX Guys project offers a great opportunity for investors and traders. As of the new year, FXGuys has added a new feature to the DeFi sector, offering investors profitable trading options. The project offers an Investor Funding Program where investors can access capital funding ranging from $2,500 to $100,000. Investors who want to participate can join this program by purchasing a challenge starting at $25.
The FXGuys platform offers more options for traders by offering 120,000 assets spanning crypto, stocks, and Forex markets. What makes it even more attractive is that the platform features tokenized real-world assets and offers traders a variety of alternatives. Traders also get opportunities for passive income. The trader funding program allows traders to earn 20% of their earnings, while FXGuys also offers 20% annual staking rewards.
FXGuys’ biggest potential will be revealed after the launch. According to reports, $FXG tokens have the potential to turn $100 into $10,000. Last week, PENGU surpassed BONK, the largest meme coin in the Solana ecosystem, and reached a peak with a market cap of $2.6 billion. However, on December 26, the PENGU token encountered resistance at $0.043, which was followed by a corrective wave.
Currently, PENGU is trading at $0.03217 and is losing 9.35% on a daily basis after a rally at the resistance level of around $0.036. PENGU’s trading volumes and market cap are also in the red, but traders have the opportunity to make 150% gains in a few weeks.
As investors look ahead to the potential rally in 2025, altcoins like AAVE and PENGU do not currently appear to be the best options to achieve the goal of turning $100 into $10,000. Instead, PENGU and AAVE investors are turning to the $FXG token, with expert assessments suggesting that the FXG token has 100% multiple upside potential.
The opportunity to turn $100 into $10,000 starts in phase 2, where FXG tokens are sold for $0.04, and investors can get involved early to avoid missing out. The project will be launched in early 2025, and by then it is expected to see a 100% increase, with the price rising to $0.10.