October has wrapped up with the top 10 cryptos surging. As such, analysts predict that Bitcoin (BTC) and Ethereum (ETH) will climb further, offering investors humongous returns in November. However, industry experts expect FXGuys ($FXG), a new DeFi token, to surpass the gains in these two top 10 cryptos.
Why is FXGuys set to overshadow the anticipated November gains in Bitcoin and Ethereum? Read on to find out!
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Bitcoin Price Retakes $70,000
Bitcoin has maintained a green chart as October ends. BTC was sitting around $67,096 on October 24, 2024. Following days of marginal price movement, the Bitcoin price shot up on October 28. This pump came after strong inflows into spot Bitcoin ETFs.
Specifically, Bitcoin had inflows totaling $920 million. These inflows saw the Bitcoin price climb as high as $73,464 on October 29 before pulling back. By October 31, Bitcoin had stabilized at around $72,232. This price denotes a 7% weekly jump.
Furthermore, experts believe the Bitcoin price will pump further in November as investors purchase BTC ahead of the US elections. Should the Bitcoin price hold its current support level above $72,000, it will likely soar past its March ATH of $73,750.
Ethereum is up 3% as the Top 10 Cryptos Trade in the Green
Ethereum bulls have flipped bears. On October 24, 2024, ETH was changing hands at around $2,548. After trading around this range for days, ETH gained momentum on October 29 due to the Bitcoin-induced altcoin market rally. As a result, ETH jumped as high as $2,711 on October 30.
However, Ethereum started correcting downward after Bitcoin failed to surpass its ATH. By October 31, Ethereum had stabilized at around $2,638. This price means ETH has gained 3% in a week.
On top of this, analysts expect Ethereum to maintain its upward trajectory. Experts base this prediction on traditional investors diversifying their portfolios with top 10 cryptos.
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FXGuys Steals the Show With Its Trade2Earn Program
With Ethereum and the Bitcoin price set to climb in November, investors are joining FXGuys to simplify their trading experience. FX Guys has gained investors’ confidence because it supports multiple asset classes, including crypto, indices, commodities, and FX. As such, investors can easily diversify their portfolios for maximum profitability and minimum risk.
Investors are also rushing to the FXGuys platform to seize the benefits of its Trade2Earn program. This program aims to boost traders’ earnings by rewarding them for every trade they complete, profitable or not. This reward model helps increase trading activity on the FXGuys platform, thus boosting profits generated.
It is worth noting that the FXGuys Trade2Earn program rewards traders in $FXG. $FXG is the native token of the FX Guys platform. As such, the token’s value continues increasing as the platform scales. However, traders do not have to sit and wait for $FXG to surge, seeing as they can use their tokens to redeem trading benefits or subscribe to trading tools.
FXGuys also supports staking. This means traders can lock their $FXG tokens in pools and provide liquidity for the FX Guys platform. In return, FXGuys offers stakers up to 20% of its annual trading volume profits. This huge reward makes staking $FXG the best way to earn passively.
Apart from its Trade2Earn program, FXGuys has captivated investors because of its PropFi funding program. Traders often lack funds and have to stay on the sidelines as opportunities pass them.
Fortunately, the FXGuys funding program addresses this challenge by offering traders that pass the challenge phase between $200,000 and $500,000 in real capital.
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$FXG: A DeFi Token With the Potential to Surpass Top 10 Cryptos
While traders anticipate notable pumps in the Bitcoin price and Ethereum, they are still rushing to buy $FXG. Investors are focusing on $FXG because this DeFi token promises huge profits during its presale. As of October 2024, $FXG is going for $0.030 during Stage 1 of its presale.
$FXG’s current price represents a 100% surge from the Private Sale Round price of $0.015. When $FXG attains its listing price of $0.100, Private Sale Round investors will enjoy a 566% ROI. On the other hand, Stage 1 investors will enjoy a 233% ROI when $FXG hits $0.100.
Moreover, analysts believe $FXG will rise parabolically when it launches on leading crypto exchanges. This explains why this DeFi token is poised to dwarf the returns of the top 10 cryptos like Bitcoin and Ethereum.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
