The cryptocurrency market has been volatile, especially in the current bull market, where many tokens are surging to new highs. Dogecoin (DOGE) and Shiba Inu (SHIB) are among the tokens that impressed in this bull run, recording significant gains recently. Despite their bullish momentum, FXGuys ($FXG), a new DeFi coin, has merged and attracted many investors.
FXGuys is advancing the forex trading landscape by integrating the best of traditional finance (TradFi) and decentralized finance (DeFi) to offer a smooth, high-performance platform.
While DOGE and SHIB rallies cool off, $FXG has been on a constant surge, making it a great new crypto to buy in this bull cycle. Continue reading for more details!
FXGuys Introduces a Trader Funding Program and a Highly-Profitable DeFi Coin
FXGuys is rapidly redefining the forex trading sector. Drawing its strengths from TradFi and DeFi, FXGuys has developed an advanced, exclusive proprietary trading platform. The platform gets rid of the major challenges that have affected traditional forex trading platforms.
The FXGuys platform addresses the slow and complex onboarding process via a no-KYC policy. This policy also guarantees that transactions are completed with a lot of ease and quickly.
The lack of capital should never be a problem for any skilled or talented trader. After passing the challenge stage, traders are offered up to $500,000 in funding from the prop firm through the FX Guys Trader Funding Program. This method ensures that even retail traders can compete with whales on the FXGuys platform to maximize profits.
Furthermore, investors can trade many assets in the forex, crypto, indices, and commodities markets. FXGuys offers traders access to the most liquid and active markets in the world. Thus, they can enhance their skills and earn income. Notably, all these assets can be traded with minimal risk due to the platform’s assortment of risk management tools available to traders.
The profit-sharing strategy from staking favors traders, who get 80% of the profits, while the FX Guys platform retains 20%. Thus, the trader’s percentage grows as they scale up their income.
$FXG, a DeFi coin, powers all activities on the platform. Its many utilities have increased the token’s growth potential, which makes it an impressive new crypto to buy despite the bullish surge in the DOGE and SHIB markets.
Dogecoin Surges with Bullish Momentum From Increased Buying Pressure
Dogecoin has recorded a surge in trading volume after it broke out of a bullish pennant pattern on the market charts. The pattern, a sign of massive bullish momentum, indicates a possible 30-40% price increase in the near term.
DOGE’s price broke above resistance, confirming the pattern’s validity. Volume gains during this breakout further confirmed the market’s bullish sentiment.
With the Relative Strength Index (RSI) still showing room for growth, analysts believe there is a significant upside momentum coming for Dogecoin’s DOGE. However, Dogecoin’s market volatility could impact the bullish trend. Risk management is critical for traders as they monitor support and resistance levels.
DOGE was valued at $0.46 on December 8, 2024, up 9.19% in the last week. Market experts say DOGE will explode to $0.55 this month as more investors buy. Despite the potential bullish trend, DOGE investors have also turned to a new DeFi coin, $FXG, which has reported strong gains and could explode further in this bull market.
Shiba Inu’s Token Burn and On-Chain Developments Spark Growth Optimism
The crypto market is filled with activity, specifically surrounding Shiba Inu, following a considerable token burn worth nearly $3 billion. This event sparked investor debate and speculation about SHIB’s growth potential. Moreover, the 1 CENT DREAM project recently burned 250 million SHIB coins, dropping the total Shiba Inu coin supply to 589.25 trillion.
SHIB’s burn mechanism reduces the circulating supply, boosting market dynamics and increasing expectations of price surges as supply decreases.
Apart from the burns, the upcoming launch of the TREAT token, a crucial part of Shibarium, generated more excitement. Shiba Inu’s lead developer, Shytoshi Kusama, hinted that TREAT could be unleashed by year-end, with the SHIFU coin also coming up.
Priced at $0.00003167 on December 8, 2024, SHIB has gained 9.65% in the past week. Market experts believe SHIB will rise to $0.00003515 amid developments on its network. Despite the potential surge, investors have found a new crypto to buy to increase their profits. $FXG has massive growth potential that will enable it to outpace SHIB in this bull market.
$FXG: The Best New Crypto to Buy in the Current Bull Market
$FXG is selling at $0.04 in Stage 2 of the public presale. Market experts say this is the lowest it will ever be and investors need to take advantage of this chance to diversify their portfolios with the new DeFi coin before its value explodes.
New investors will earn a 25% ROI when the presale enters Stage 3 at $0.05 and a 150% profit when the token launches on mainstream markets at $0.10.
Although Dogecoin (DOGE) and Shiba Inu (SHIB) are showing signs of bullish momentum in the coming weeks, $FXG is considered the best new crypto to buy since its profit potential outpaces the meme coins.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
