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Solana (SOL) and Shiba Inu (SHIB) whales are turning their attention to FXGuys (FXG), fueling excitement around the token’s presale. With large investments flowing into the $FXG presale, these major crypto players are anticipating substantial returns by the end of the year.
Let’s dive in and see why SOL and SHIB investors are backing FXGuys and the potential for significant gains in the coming months!
On August 27, 2024, Robinhood Wallet, a leading Web3 self-custody wallet, expanded its offerings by adding support for Solana (SOL). This integration allows users to securely manage, send, and receive SOL tokens on the Solana blockchain.
With the addition of Solana, Robinhood Wallet now supports Ethereum, Polygon, and Bitcoin, making it a versatile platform. Solana users can perform transactions directly on the network, further boosting the wallet's user-friendly reputation.
Following this expansion, Solana's performance has been bullish. Over the past week, SOL rose by 14.08%, currently trading at $158.63, according to CoinMarketCap.
Nevertheless, some analysts remain hopeful, predicting that increased buying pressure could reverse the bearish trend. They forecast SOL's price could climb to $160.50 in the coming weeks.
Unipcs, known as the "Bonk Guy" and a well-known cryptocurrency expert, has predicted a significant rise in the prices of meme-based tokens like Shiba Inu in the coming weeks. He believes Shiba Inu’s rally will continue as long as the market remains strong and Bitcoin’s value keeps climbing.
Bonk Guy’s forecast points to exciting potential for meme tokens, with Shiba Inu’s SHIB recently seeing a 35.40% increase, now valued at $0.0000197. Bitcoin's growth is helping sustain this momentum, driving positive sentiment around SHIB.
Experts remain optimistic about SHIB’s uptrend, with predictions saying it could reach $0.0000350 by the end of October 2024. However, technical indicators like the stochastic RSI and RSI suggest a reversal might occur, potentially bringing SHIB down to $0.0000160 in the near future.
FXGuys is a pioneering broker-backed crypto prop firm designed to revolutionize decentralized trading by integrating cryptocurrency with proprietary trading on the Ethereum blockchain. It allows global participation in the trading market.
The platform’s unique Trade2Earn model rewards users for every trade, regardless of the outcome, which boosts engagement and increases demand for the $FXG token. Additionally, FXGuys offers a staking system where users can earn passive income by locking their assets.
Through its institutional-grade PropFi program, FXGuys provides up to $500,000 in capital, allowing traders to execute strategies without using their own funds. This feature is expected to attract both seasoned and new traders, improving liquidity and boosting token value.
Moreover, FXGuys distinguishes itself with a zero buy/sell tax policy, making sure that traders can keep more of their profits by avoiding transaction fees. This sets it apart from other DeFi tokens burdened with high tax rates.
With a mix of trading incentives, staking opportunities, and institutional-level resources, FXGuys shows strong growth potential, positioning itself as an attractive option for traders and investors seeking cutting-edge DeFi and PropFi platforms.
The native token of the FXGuys ecosystem is the $FXG token, which plays a crucial role in facilitating transactions within the platform. The token will be used for various purposes, including trading activities, earning rewards, and participating in governance decisions as part of the DAO structure.
Currently, FXGuys has launched its public presale for the $FXG token, which is available at $0.03 in Stage 1. The presale not only provides an opportunity for investors to acquire $FXG tokens at favorable rates but also gives them the potential to earn huge gains of over 233% when the coin is launched at $0.010.
The presale details are available on FXGuys’ official website, where potential investors can learn more about the tokenomics and benefits associated with holding $FXG tokens.
As the project continues to develop its infrastructure and expand its offerings, early participation in the presale could provide significant advantages for those looking to engage with this promising initiative in the trading landscape.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
