FXGuys ($FXG) Could Be The Best Pick For A 25x Price Surge Amid Weak Price Trends On XRP And ONDO

The altcoin market has performed poorly since the start of October, with top coins like Ripple (XRP) and Ondo Finance (ONDO) recording notable losses.

These losses have prompted investors to FXGuys ($FXG), a new Ethereum-based token that has surged 100% since the start of its presale. This rapid growth highlights this altcoin’s potential to topple leading cryptos as its presale scales.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

XRP Continues Bleeding Amid A Marketwide Rout

XRP has failed to shake off the bearish trend that has engulfed the crypto market since the start of the month. On October 1, 2024, XRP was trading around $0.6116 but started its descent the same day after Bitcoin (BTC) slumped to the $60,000 range. 

This downward pressure increased after the SEC filed a notice in the Ripple case on October 2, halting the progress of the proposed Bitwise XRP ETF. As a result, XRP traded as low as $0.5116 on October 3 before recovering partially. 

By October 10, Ripple’s XRP had stabilized at around $0.5270, denoting a 13% drop since the start of the month. As uncertainty around the SEC vs Ripple Labs case mounts, XRP is set to continue plunging, explaining why investors are eyeing alternative investments. 

ONDO Remains Deep in the Red 

ONDO has failed to pump in October despite a slew of bullish news. On October 1, ONDO hovered around $0.75, and the Bitcoin-led market contraction saw this token slump sharply. This bearish trend persisted even after BiLira Kripto, a leading exchange in Turkey, added Ondo Finance’s USDY as its first supported US Treasury-backed token on October 2. 

Also, Ondo Finance’s USDY toppled Franklin Templeton Digital Assets FOBXX to become the second-largest tokenized US Treasury asset by TVL on October 4. While this news saw ONDO attempt a recovery, the selling pressure intensified, fueling a full-on slump. 

As of October 10, ONDO had stabilized at around $0.67. This price means ONDO has plunged 8% thus far in October. Moreover, experts expect Ondo Finance’s native token to continue plummeting as the excitement around the latest developments fades. 

FXGuys Takes the Lead With Its PropFi Funding Program

With XRP and ONDO depicting lackluster outlooks, investors are increasingly gravitating to FXGuys, a new DeFi platform, to hedge against more losses. FXGuys has caught the attention of investors because its decentralized brokerage and proprietary trading platform supports multiple assets, including crypto, commodities, indices, and forex. 

These assets simplify portfolio diversification, enabling investors to adjust their portfolios for stability and profitability even during winter markets.

However, FXGuys stands out because of its Trade2Earn program, which rewards traders with $FXG tokens. $FXG is the native token of the FXGuys ecosystem, and traders get $FXG rewards for each trade, profitable or not. 

Traders can use the $FXG they earn to redeem trading perks like lower profit targets and increased drawdown limits. That way, traders can improve their trading experience. Also, traders can stake their $FXG holdings or fund their peers to earn passively. 

FXGuys also has a PropFi funding program. This program offers proficient traders up to $500,000 in real capital. Through this offering, FXGuys aims to help traders snag market opportunities and increase profit margins, improving their trading experience. 

However, it is worth noting that investors must pass the challenge phase, which tests trading capabilities, before joining the funding program. Traders that clear the challenge phase initially get up to $200,000 in capital, which they can increase over time by consistently trading profitably.

$FXG Emerges As a Top Investment Choice After Jumping 100%

The weak price action in XRP and ONDO has forced investors to buy $FXG tokens.

$FXG has stolen the spotlight from these leading cryptos because of its utility within FXGuys and limited supply of 835 million tokens. These features position $FXG for sustainable value appreciation over time. 

Investors are also warming up to $FXG because its presale has showcased immense growth potential. As of now, $FXG is in Stage 1 of its swiftly selling-out public presale. Investors can now purchase $FXG at $0.030. This price represents a 100% surge from the Private Sale Round price of $0.015.

Moving forward, Private Sale Round investors stand to gain a 566% ROI when $FXG may rise to its launch price of $0.100. On the other hand, Stage 1 investors are set to see the value of their $FXG holdings increase by 233% if the token hits $0.100.

This projected growth explains why $FXG is the best token to buy for a chance to get 25x returns. 

To find out more about FXGuys follow the links below:

Website | Whitepaper | Socials | Audit

Exclusive FXGuys Promo Code:

USE PROP10 FOR 10% BONUS

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.