The price of Uniswap (UNI) has fallen as the downtrend persisted after the platform lost the $10 billion market capitalization it used to have. However, one more analysis proved that there is a possibility of a sharp price movement and an increase in the network activity, which supports the bulls. On the same note, a new DeFi crypto known as FXGuys ($FXG) has risen to the occasion of competing with Solano (SOL) in the marketplace.
Thus, the major aim of FXGuys is to incorporate TradeFi and DeFi to introduce an innovative reward system in trading. Apart from the rewarding plans, FXGuys provides its investors with the following programs that will turn an investor into a millionaire: a Trader Funding Program and a staking platform. Being among the best crypto coins to buy, experts point to it as the altcoins that will lead the next bull run.
This article will explore how FXGuys aims to compete and outperform Solana Amid Uniswap’s wobbling.
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Uniswap (UNI): Showing Bullish Potential Breakout
Uniswap recently dipped to an oversold condition to show aggressive selling pressure while its price fluctuated. Recently, the price charts of Uniswap showed a clear upward trend, with UNI reactivating the key resistance level at $17.12 and supporting the price at $12.60. Nevertheless, the generally positive outlook remains intact here, as the forecasts keep pointing towards a possible move towards $20.
If UNI breaks this resistance convincingly, that could be the starting signal to a more long-lasting bull trend. Regarding the statistics, it is worth mentioning that the overall activity of the network has risen during the last week, with the active addresses increasing by 23.94% while the new addresses have been growing by 8.42%. Such an upsurge in participation was an indication of growing demand for UNI in relation to expanded uses within the DeFi sector.
Solana (SOL): Technical Indicator Shows A Buying Signal
While the majority of other cryptocurrencies have been showing significant price movement in a matter of days, Solana’s SOL/USD pair has been on a free-fall in the last couple of days. In this unabated process of price decline, a crypto analyst shared on X that SOL has taken a buying signal over the daily time frame. Expert technical analysis shows that SOL has violated the important support level recently, which is now finding support from 200 EMA.
At the moment, it is possible to consider SOL as trading within a narrow range between prices of $175 and $191. According to the current prices, if SOL manages to maintain a position above the 200 EMA, then Solana may go up by 30% to achieve the $240 figure in the near future. On the other hand, if SOL fails to hold this level and so close the daily candle below the $175 level, it would be cut by 30% to the $120 level.
FXGuys ($FXG): Makes Profit Sharing Attractive To Traders
FXGuys has risen to the top as the number one crypto trading platform, and as a competitor to Solana, its traders can access multiple markets’ trading platforms. Moreover, this forex trading system has a staking system that has not been used in other projects in the market to date. Moving to the staking platform, token holders of $FXG have some perks, which is why it is the most promising crypto for investors.
When staking, you are paid 20% of the token annually from the volume which has already been traded, which makes it one of the best crypto coins to buy. This way, you can decide what amount of money you want to earn by entering the number of tokens you want. Also, the buy or sell tax is zero in any of its transactions during trading on this platform of trade.
With no KYC conditions, this feature collaborates to make FXGuys the most promising crypto. The Trader Funding Program is another avenue where traders undergo many tests and examinations to get a funded account with access to real capital of up to $ 500,000. But when it comes to the profit split ratio, for becoming a trader, you have an 80 percent share; the other 20 percent share is taken by FXGuys, making it the number one crypto trading platform.
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Conclusion
Uniswap and Solana might be poised for further growth, but FXGuys has become the best investment platform. FXGuys is your final business stop when it comes to profiting and earning massive money in crypto. With the presale going on, investment now will yield significant interest before it launches.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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