FXGuys ($FXG), SUI, and Dogecoin (DOGE) are considered the best altcoins to buy as they hint at a quick market recovery.
As the crypto market stabilizes after recent volatility, three altcoins have presented themselves as the best altcoins to buy, poised for a swift market recovery. These coins include the prop firm tokens FXGuys ($FXG), Sui (SUI), and Dogecoin (DOGE). Supported by a strong community of believers and innovative solutions, these assets could front-run the coming market leg-up.
Here’s why these coins may lead to the anticipated market recovery.
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Broker-backed proprietary trading firm FXGuys is set to introduce a transformative business model called proprietary finance (PropFi) via its ingenious prop firm. This PropFi model will redefine how market participants access capital and partake in financial market activities.
FX Guys’ unique PropFi model is built around a developmental program set up for traders to learn, develop their skills, and improve their performances and participation in the market. The subsets of this program include the Trader Funding Program, the Trade2Earn model, and a staking rewards program.
The FX Guys Trader Funding Program was created to empower skilled traders with capital to trade any financial instrument they want. Be it stocks, shares, cryptocurrencies, or foreign exchange pairs, the program will offer them up to $500,000 to invest in these assets and allow them to retain 80% of the profits generated.
The FXGuys Trade2Earn initiative is a reward system designed to stimulate perpetual participation in the financial market. Here, traders will receive $FXG tokens for every trade they execute on the platform, irrespective of their outcomes.
With these tokens, holders can enjoy increased drawdown limits, reduced profit targets, and staking rewards if they decide to commit their assets to the platform’s staking pool. By staking $FXG tokens, they will earn double-digit APY.
These features present FX Guys as a top PropFi project for retail and institutional players!
Sui has registered a notable daily price surge as the crypto market recovers from recent lows. According to market stats, SUI regained 21.77% of its market value, followed by a rebound to $4.83, driven by a $3.77 billion trading volume.
Technic analyst Rekt Capital observed a significant development during the SUI market recovery, which the analyst highlighted in a December 20, 2024 post on X. The analyst noted that SUI executed a post-breakout retest from its re-accumulation range.
This observation has led to the conclusion that SUI may be on course for an upward movement, making it worth monitoring. Rekt Capital also spotlighted Sui’s expanding ecosystem, which recent partnerships with Babylon Labs, Lombard Finance, and Phantom have driven.
With Sui’s continued growth, its native token promises a quick market recovery. SUI lost 1.46% of its market value due to a daily pullback, setting its current price at $4.36.
Rose Premium Signal, an analysis X handle, has drawn an analysis of Dogecoin that shows the meme coin may be heading towards $0.684 soon. The X user outlined crucial support levels that investors must watch out for before aping into DOGE ahead of the imminent market leg-up.
Taking to X on December 21, 2024, Rose Signal noted that $0.182 and $0.264 are levels investors should watch out for as they could fuel the meme coin’s drive to higher prices. For instance, it expected the $0.264 support level to provide the strength DOGE requires to jump to $0.415.
When Dogecoin reaches this level, it could travel even higher to the second target at $0.547, where stronger momentum may build. This momentum may lead DOGE to the final target of $0.680.
As the market recovery becomes evident, DOGE is expected to reach this price level soon. The meme coin currently sits at $0.312, down 20% this week.
The data suggest that $FXG, SUI, and DOGE may be the best altcoins to buy during this market recovery phase. These coins are affordable and promise incredible gains soon. $FXG is an ICO token currently in Stage 2 of its public presale. It sells for $0.04 per token, promising substantial gains upon its exchange debut.
$FXG is set to launch at $0.10. New investors can receive a 150% ROI and multiply their capital tenfold after $FXG’s exchange debut. However, this opportunity is available to those who move fast. Get started by clicking the links below!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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