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Here’s Why FXGuys ($FXG) Could Lead The Next Crypto Boom Over Solana And Dogecoin
The crypto market has faced a challenging period recently, with major coins like Solana and Dogecoin experiencing significant price declines. However, amid this turbulence, FXGuys ($FXG) stands out as a promising contender and could emerge as the breakout star of the next crypto boom, potentially surpassing Solana and Dogecoin.
So, how is FXGuys poised to lead the charge in this upcoming rally? Let’s dive in and find out why it could outshine SOL or DOGE in September and beyond!
Solana Loses 21.14% in Two Weeks: Will SOL Rebound?
Solana has underperformed in recent weeks. On August 25, 2024, SOL traded between $155.51 and $161.95 before entering a downward trend that has persisted for over two weeks. Data from DefiLlama shows a 12% decline in the total value locked (TVL) on the Solana network, dropping from $5.48 billion on August 25 to $4.716 billion by September 6. This suggests a reduced level of user and developer engagement with the platform. IMG Title: Total value locked on SOL Chain. Source: Defillama Meanwhile, CoinMarketCap reports that this trend pushed SOL’s price down to $124.27 on September 7, stabilizing around $127.72 24 a day later, representing a 21.14% loss in value in 15 days. In addition to price declines, SOL’s trading volume fell sharply by 36.80%, dropping from $2.08 billion on August 25 to $1.32 billion by September 8. Consequently, Solana’s market capitalization decreased by 17.92%, settling at $60.78 billion during this time. SOL currently trades at $130.20, yet industry experts remain optimistic. They’re forecasting a potential price of $200 by late 2024, with further growth possibly exceeding $300 by 2025.DOGE Continues to Drop as Market Momentum Fades
Another coin that has disappointed investors in recent weeks is Dogecoin. CoinMarketCap revealed that DOGE traded between $0.1081 and $0.1128 on August 25, 2024, before a 15.6% decline to $0.09526 on September 8. According to AMBCrypto, growing competition has hindered Dogecoin from regaining the bullish momentum seen in late July when DOGE tested the $0.143 resistance. The number of weekly active users has also dropped, falling from 30,000 to less than 10,000, highlighting waning interest in the coin. Further, whale activity (investors holding at least 0.1% of DOGE’s supply) has drastically reduced since early September. Outflows from whale wallets have dropped by 80.7%, from 181.29 million to 17.42 million DOGE. Daily inflows also plunged, falling from 229.49 million to 27.96 million DOGE, resulting in a sharp drop in net inflows, which decreased fourfold to just 10.54 million DOGE. Currently trading at 0.098, Dogecoin’s trading volume fell by 34.7%, from $584.88 million on August 25 to $381.74 million by September 8. This decline contributed to a 12.2% decrease in DOGE’s market capitalization, which dropped from $15.98 billion to $14.02 billion in the same period. As a result, investors are shifting their focus towards $FXG. >>> BUY $FXG TOKENS HERE <<<FXGuys is Set to Deliver Big Returns in the Next Crypto Boom
Apart from its innovative decentralized platform, FXGuys is drawing investors’ attention with its native token, $FXG. The value of $FXG is influenced by supply, demand, and market conditions, with its Tokenomics designed to foster sustainable demand, which could drive its value up over time. Further, FXGuys offers up to $200,000 in trading capital through its unique prop firm funding program. The Trade2Earn model further boosts trading performance by allowing traders to earn $FXG tokens with every trade. These tokens are automatically credited based on trading volume and can be purchased through the FXGuys presale. Currently, the project is in the private sale phase, with the official Stage 1 public presale set to begin within ten days. Investors can purchase $FXG at $0.015 during the private round, with prices expected to rise as the stages progress. In Stage 1, $FXG will be available for $0.03, representing a 100% increase from the private sale phase price. As the stages advance, the price will rise to $0.04 in Stage 2 and reach $0.08 by Stage 6.$FXG Could be the Next Crypto Superstar!
We strongly believe that $FXG could be a better investment than Solana and Dogecoin. Its projected gradual price increases highlight the significant potential returns for early investors. Besides, experts anticipate that $FXG could rise up to 10,000% upon listing on prominent Ethereum decentralized exchanges (DEXs) and major centralized exchanges (CEXs). So, what’s holding you back? Join the $FXG presale now to take advantage of this lucrative investment opportunity! For more information about the FXGuys Presale: Visit FXGuysPresale Join The $FXG Community
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