Cryptocurrency has strengthened its position both in the 2024 presidential race and the financial future of Americans. There is always a hunt for hidden crypto gems in the cryptocurrency space. Even when prominent coins grab all the headlines, hidden gems with small market capitalizations often hold the key to exponential growth.
The number of token owners increases every year. This is caused by more than just the present trend of using cryptocurrencies as investment vehicles. Financial institutions and investors are shifting their focus to hidden crypto gems to add to their portfolios before the 2024 American elections. These top crypto coins, Cosmos (ATOM), Floki (FLOKI) and FXGuys ($FXG), have proven to be worthy additions to any investor’s portfolio.
Let’s explore the remarkable journey of these top DeFi coins and why they are major picks to consider before the 2024 elections.
Cosmos (ATOM): The Interoperability Blockchain
Cosmos is a DeFi project that facilitates communication between blockchains, making it easier to guarantee smooth cooperation and communication. Its transaction costs are also cheaper, and its consensus mechanism is stronger. Users of Cosmos’ native token, ATOM, can stake their tokens.
Cosmos emphasis on scalability and interoperability attracts investors. It also provides a unified and interconnected blockchain network. Blockchain projects like ATOM that facilitate cross-chain communication will be in high demand as the regulatory environment becomes more complex.
Floki (FLOKI): Surges as Token Burn Grows
Floki has significantly increased its market capitalization by over 20% in 7 days. Since many Floki investors are starting to trade again after a summer of indifference, Floki is about to enter the top 50 coins by size. Floki is now preparing for a bullish Q4, as their widely anticipated metaverse game is set to launch in November. To further reduce FLOKI’s overhanging supply, up to 50% of trading bot revenue is permanently burned.
Crypto expert “Master Kenobi” discussed Floki’s historical price fluctuations in a recent X (previously Twitter) post, pointing out a special recurrent chart pattern that might suggest a potential future price rise for the cryptocurrency. The analyst estimated that if FLOKI can maintain this recurrent pattern, a significant price pump would occur around October 22.
FXGuys ($FXG): Gains Momentum Among Investors
Broker-backed crypto prop firm FXGuys is a top DeFi project that combines traditional prop funding with decentralization in the biggest financial market in the world: forex trading. Forex trading is the key to the company’s increasing success. Daily trade volume in the forex market exceeds $6 trillion, but institutional players have historically been the only ones able to participate in this profitable sector. FXGuys is changing that by transferring forex trading to the blockchain and making it available to retail traders worldwide.
Retail traders have been locked out of the forex market for years due to high costs, but FXGuys decentralizes trading to remove the need for middlemen. Anyone with an internet connection can use the platform to trade $FXG without being restricted by the rules of conventional financial institutions. One of the main reasons investors are so enthusiastic about the potential of this top DeFi project is this democratization of access.
Presently in its first presale stage, FXGuys presents an exclusive chance for early investors to purchase the token before making it available to the general public. The upside potential is evident with an anticipated public launch price of $0.10 and a DeFi coin price of just $0.03. If the platform expands and more people gravitate toward decentralized forex trading, many analysts predict FXGuys might achieve much more, perhaps even 1000% returns.
$FXG presents a strong case for significant returns if you search for the next big thing in the DeFi industry. It is an interesting project to follow in 2024 due to its unique features, including Trade2Earn, disruption of the FX market, and significant early momentum.
Conclusion
ATOM, FLOKI and $FXG are top DeFi coins every investor should consider looking into before the upcoming elections in November. FXGuys is rapidly emerging as the presale to participate in 2024. By combining forex trading and DeFi in a novel way, the initiative is reaching a sizable market and providing its customers with tangible benefits.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
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