Bitcoin’s mining difficulty has surged to a record high of 101.65 trillion, reflecting a booming hash rate and signalling bullish momentum for the crypto giant. With analysts predicting Bitcoin could rise as high as $120,000, excitement is building in the broader crypto market. However, while Bitcoin’s dominance persists, Ripple whales have turned their attention to an emerging altcoin, FXGuys, a DeFi-focused project rapidly gaining traction.
FX Guys ($FXG) is in its Stage 1 presale, with a current price of just $0.03 after selling over 68 million tokens in a private round that raised more than $1,000,000. Let’s dive into why Ripple whales and savvy investors are looking at FX Guys and why you might also want to.
Bitcoin Hits All-Time High Mining Difficulty
On November 5, Bitcoin’s mining difficulty increased by 6%, reaching an all-time high of 101.65 trillion. This spike in difficulty reflects the growing competition among miners and the robustness of the Bitcoin network. The network’s hash rate has also reached unprecedented levels, underscoring its security and resilience.
Amid this technical milestone, market analysts like CoinLupin from CryptoQuant have pointed to bullish signals, including the Market Value Realized Value (MVRV) ratio. The MVRV ratio currently stands at 2, meaning Bitcoin’s surface market value is double its estimated on-chain value. With the price of Bitcoin crossing the critical $75,000 mark, many traders believe a climb to $120,000 is within reach.
Ripple Whales Turn to FXGuys ($FXG)
While Bitcoin continues to show bullish momentum, large-scale investors from the Ripple community are setting their sights on FX Guys, a rising star in the DeFi space. FXGuys ($FXG) offers a robust ecosystem that includes staking, a Trader Funding Program, and the Trade2Earn feature that rewards users for trading.
What makes FXGuys stand out is its unique combination of benefits that attract both traders and investors:
- Staking: By staking $FXG tokens, holders can access a 20% profit and revenue share from broker trading volume, making it a powerful tool for passive income.
- Trader Funding Program: FXGuys offers a Trader Funding Program that allows retail traders to access funded accounts with up to $500,000 in capital. Traders can keep 80% of their profits, making this one of the most competitive offers among the best proprietary trading firms.
- No Buy or Sell Tax: Unlike many DeFi tokens, the FXguys does not impose any buy or sell tax, providing traders greater flexibility and control over their investments.
- Same-Day Fiat and Crypto Withdrawals: With support for over 100 local currencies, FXGuys offers same-day fiat or crypto deposits and withdrawals, making it highly convenient for global users.
- Trade2Earn Program: Every trade on the FXGuys platform earns users $FXG tokens, encouraging trading activity and volume within the ecosystem.
Why FX Guys is a Top DeFi Coin in 2024
As Ripple whales and other large investors shift their focus toward FXGuys, the project is positioning itself as one of the top DeFi coins in 2024. With a Broker-backed Crypto Prop Firm, the FXguys allows traders to choose from platforms like MT5, Match-Trader, cTrader, or DXtrade based on location and trading preferences. This flexibility, combined with the Trade2Earn rewards and Trader Funding Program, makes FXGuys one of the most promising projects in the PropFi space.
Moreover, FXGuys has already proven its potential by raising over $1,000,000 in its private round, selling 68,000,000 $FXG tokens, and attracting attention from major crypto investors. The token is still in its early presale stage, giving investors a chance to get in at just $0.03 per token.
Conclusion
While Bitcoin continues to break records with its hash mining difficulty, Ripple whales are shifting their focus to FXGuys ($FXG) as a potential high-growth opportunity in the DeFi and PropFi sectors. With its unique combination of staking, the Trader Funding Program, and Trade2Earn rewards, FXGuys is emerging as one of the best DeFi projects to watch in 2024.
Whether you’re looking for passive income through staking, opportunities for trader funding, or the flexibility of no buy or sell tax, FXGuys offers an attractive package for investors and traders alike. With its presale price still at $0.03, now is the time to consider adding $FXG to your portfolio.
To find out more about FX Guys follow the links below:
Website | Whitepaper | Socials | Audit