The bull market brings general optimism, with most altcoins following Bitcoin’s (BTC) upward trend. Therefore, it was no surprise that Ethereum (ETH) hit a new yearly high after Bitcoin had crossed the $100,000 mark. Floki (FLOKI) has also been impressive as it transforms from a mere memecoin to a defi coin with proper utility.
Yet, investors are betting on FXGuys ($FXG), a decentralized forex trading platform, to be the biggest winner in the bull market. With its ease of use, utility, margin for profit, and ongoing public presale phase, $FXG is a 1,000x token in the making!
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Could Ethereum Break an ATH as Large Transactions Surge?
The price of Ethereum’s ETH surged to hit $4,096 on December 6, 2024, beating the yearly high it recorded earlier in May 2024. This surge has attracted investors who speculate whether this bull market will see ETH smash its ATH recorded in 2021.
Analyst Ali Martinez points out that this price uptick strongly correlates with the increased number of large transactions on the Ethereum Chain. Citing data from IntotheBlock, he shows that the weekly trading volume surged by 300%, impressively hitting the $17.5 billion mark.
Ethereum’s ETH currently trades at $3,969. The optimism over this recent surge has been met with temperance by more cautious analysts. They state that significant buy pressure would need to be sustained for Ethereum’s ETH to surge past its ATH of $4,878 in the coming months.
Is There a Price Surge Ahead for FLOKI as the Burn Rate Accelerates?
FLOKI has shown relative stability in the past month, trading at $0.00026 with an 85% price increase.
In the past year, 103 million FLOKI tokens have been burned. Token burns aim to make the existing circulating tokens more valuable by permanently removing some from circulation.
Additionally, inflows into the FLOKI ecosystem have also seen a steady increase. The Total Value Locked (TVL) in the Floki ecosystem has risen to $57 million from $10 million at the beginning of 2024.
With the current developments to transform FLOKI from a memecoin to a utility DeFi coin, the steady rise, and increased inflows into the Floki ecosystem, it is estimated that FLOKI can hit $0.00087 in the 2025 bull market.
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Delve Into the World of Decentralized Forex Trading With FXGuys
The FXGuys innovative platform is coming to disrupt a market dominated entirely by traditional finance systems. It brings together TradFi and DeFi to create the first decentralized brokerage and Proprietary Finance (PropFi) firm.
In the FX Guys ecosystem, traders can access real trading capital and multiple assets without the numerous bottlenecks associated with traditional trading methods.
The platform stands out as a beginner-friendly trading platform, with numerous programs and resources available to help beginner traders quickly understand decentralized trading. The Trader Funding Program affords traders the opportunity to manage accounts with up to $500,000 in capital after successfully completing the Challenge Phase.
All traders also benefit from the FX Guys Trade2Earn program, where $FXG tokens are awarded for each trade made by the traders regardless of the outcome. These tokens can be used to acquire additional trading aids.
An advantage of incorporating DeFi into forex trading is the increased privacy, transparency, and speed. The lack of KYC requirements appeals to investors who would prefer anonymity. They also reduce the bureaucracy common with trading on TradFi platforms.
Moreover, SolidProof and Soken have audited the FXGuys smart contract, ensuring all features are secure and functional.
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Win Big in the Bull Market with $FXG - the Best DeFi Coin!
Compared to ETH and FLOKI, FXGuys has a big profit advantage as it is still at Stage 2 of its public presale. This means $FXG’s price can only go up from here.
There’s an instant opportunity for a 25% profit at the beginning of Stage 3. And when the token launches at $0.10, investors who invest now will see their gains rise by 150%. There is also a possibility of $FXG surging 10,000% post-launch.
The utility is king in DeFi, and $FXG provides that in abundance, from being able to participate in community governance with $FXG tokens to staking the tokens for passive income rewards.
All these perks guarantee a rise in value for $FXG, which is why experts advise potential investors to buy $FXG now for a chance at a massive bull market win in 2025.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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The post Investors Think FXGuys ($FXG) Is The New Bull Market Favorite Over Ethereum And FLOKI, Here’s Why appeared first on Crypto News Land.