Artificial Superintelligence Alliance (FET) and Brett (BRETT) are starting to lose momentum after a protracted uptrend incited by the recent Bitcoin-led rally. As a result, investors are doubling down on FXGuys ($FXG), a proprietary trading firm in the decentralized finance sector, as its native token poses as the best DeFi coin to buy for outsized gains.
Read on to find out why investors believe $FXG to be the best DeFi coin to invest in for substantial returns!
FET Approaches Crucial Juncture: Could It Hit $2?
AI tokens started ripping hard after Bitcoin broke through $80,000 to a new all-time high. Among them was Artificial Superintelligence Alliance’s FET, which had consolidated over the previous weeks and was up 15% by the end of last week.
Initially, FET had a discouraging run, particularly in October, during which it plunged into a downward spiral. This decline pressed the Artificial Superintelligence Alliance coin’s price to $1.13 before it did a U-turn on November 5, 2024, rocketing to $1.55.
A notable reason behind the rebound was an $11 million buyout by whale investors. Whales reportedly acquired $11 million worth of FET from top exchanges, keeping the AI coin’s price stable.
Now, Artificial Superintelligence Alliance’s FET is facing the $2 price level as it brushed past $1.55, a key resistance zone. FET trades at $1.57 after an 8.47% intraday gain, but failure to surpass this value could cause the price to retrace back to $1.17.
Brett Flashes Warning Signal After Reclaiming Key Support
BRETT has emerged as a top-performing meme coin on Base, registering a gain of 72.06% on the weekly timeframe. This performance has set it up against leading meme coins like DOGE and SHIB, which have equally been on the run since the market-wide rally kicked in.
However, fresh data from prominent analytic platforms suggest BRETT investors may be in for a brief moment of pain. Specifically, IntoTheBlock, a renowned analytic firm, published a report on BRETT that revealed a -0.16 (negative) correlation with Bitcoin.
This data makes sense, considering that BTC has achieved more than 50% growth since October 15, 2024, while BRETT is short 18.46% of its market value over the same period. Moreover, its Open Interest to market cap ratio has been dropping steadily since October 13.
During this period, BRETT attempted to break out of a 10-week range but failed at a local high. However, its 22.27% intraday gain suggests another attempt underway from its current price of $0.13.
The FXGuys Proprietary Trading Firm Creates Opportunities For Traders
FXGuys is establishing a unique proprietary trading firm that will open a window of opportunities to traders within the financial market ecosystem.
With the introduction of programs like the Trader Funding Program, the Trade2Earn program, and a staking mechanism, traders have a chance to realize their investment goals on one platform.
The FXGuys funding program is an undertaking geared towards equipping skilled traders with capital to trade any digital asset in the stock, FX, or crypto market.
After undergoing a skill evaluation procedure, traders who make it through will be funded with capital ranging between $200,000 and $500,000, giving them the freedom to exact their skills without worrying about cash.
Every trade will be rewarded with $FXG tokens, courtesy of the FX Guys Trade2Earn program. These tokens can be used to access more long-term benefits, such as lower drawdown limits. While this is one way to accumulate $FXG, another way is to participate in its presale.
Instead of just holding $FXG, investors can stake the DeFi coin for steady annual returns. According to the platform’s staking plan, stakers will be entitled to up to 20% of FXGuys’ annual trading volume, depending on their stake in the liquidity pool.
$FXG’s presale is in Stage 1, with the DeFi coin priced at $0.03. Buying $FXG during its public presale can expose investors to a 233% ROI when the presale ends. This is why investors are doubling down on the asset, calling it the best DeFi coin to invest in.
FET and BRETT Investors Consider $FXG the Best DeFi Coin to Buy
Due to $FXG’s presale growth projection, the DeFi coin has drawn the attention of FET and BRETT investors, who reportedly believe it to be the best DeFi coin to buy. This creed is understandable given that $FXG raised $1 million during its private seed round, delivering 100% return to participants within a short time.
Experts believe the DeFi coin could replicate this deed in its public presale round. The presale is expected to end with $FXG hitting $0.10, indicating a 900% gain to private round investors and a 233% profit to public sale buyers.
With Stage 1 of $FXG’s public presale approaching its end, investors ought to take action immediately.
To find out more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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