The emergence of FXGuys ($FXG) has brought about the invention of new concepts in decentralized finance (DeFi) that are garnering significant interest among investors seeking the next market disruptor.
One of the concepts winning over PEPE and Ripple (XRP) investors is FXGuys’ blockchain commodities trading, which allows financial market enthusiasts to trade financial instruments like cryptos, FX, or indices with low fees.
Read on to learn how blockchain commodities trading on FX Guys disrupt crypto trading for PEPE and XRP investors!
FXGuys: Disrupting Blockchain Commodities With PropFi Model
As blockchain trading advances, the FX Guys platform is introducing another innovative feature to accelerate its advancements, capturing the interest of PEPE and XRP investors.
With its new proprietary finance model, blockchain commodities trading on FXGuys contrasts other trading platforms, given that the prop firm incorporates strategies to ascertain that every trader enjoys equal opportunity to trade in this market.
One of the strategies incorporated includes the FXGuys Trader Funding Program, allowing skilled traders to access funded accounts with up to $500,000 in trading capital.
Traders no longer need to worry about funds to trade as they can participate in this program, which features challenges and sets objectives to determine their ability to perform well in the market.
Profits will be shared between the trader and the platform, with the former going home with 80% while the latter retains 20%. This arrangement can be renegotiated in the long run, provided the trader has an encouraging track record.
Every trade initiated will attract the deposition of $FXG tokens into the trader’s Web3 wallet, courtesy of FXGuys’ Trade2Earn program. These DeFi tokens can be staked or used to enter FXGuys-organized reward schemes.
Staking $FXG is a guaranteed medium to generate passive income regardless of the market’s volatility. It will also allow stakers access to 20% of the annual revenue FXGuys generates over time, providing a new way to build wealth.
PEPE Records a 51% Increase in Crypto Trading Volume
Frog-themed meme coin PEPE rode the recent bullish wave across the market, resulting in a 2.7% jump in its price to $0.00001038. However, this rally has diminished in strength, leading to a 0.9% weekly loss.
Meanwhile, on-chain data reveals a notable uptick in PEPE’s trading volume during this period. Per the data, PEPE’s trade volume rose 51% to $742.55 million, indicating interest among crypto investors and traders.
This divergence has become a concern to market participants as a continued price decline on the weekly timeframe could arouse a sell trend and another zero.
To further paint a gloomier picture of PEPE’s state, whales are not showing interest in the frog-themed meme coin, as IntoTheBlock confirms a 16.44% drop in large players’ activities in its market.
With the $0.00001 psychological level within the views of both buyers and sellers, it remains to be seen which side will lead the next PEPE move. For now, the bears remain in control, with a 2.21% daily loss to show for it, setting the coin’s price at $0.00001025.
XRP Volume Skyrockets by 130% as the Price Undergoes Test
CoinGlass data noted a 130% increase in the trading volume of Ripple’s XRP on October 21, 2024. Notably, XRP’s volume rose to $1.19 billion, doubling the previous day’s amount.
In parallel, XRP’s spot turnover rose 108.9% to $1.3 billion between October 20 and 21. Meanwhile, the uptick in trading activities coincides with a testing period for XRP’s market value, which has witnessed a notable retracement.
During the day, Ripple’s XRP rallied to a crucial support zone at $0.54, also the 200-day Exponential Moving Average (EMA) level. XRP touched the EMA bands across multiple time frames between one hour and one day.
The Ripple coin is now trapped between two key levels: $0.540 and $0.560. Specifically, Ripple’s XRP trades at $0.546, up 1% within the day.
Investors Scurry Over to the $FXG DeFi Coin Presale For Gains
Due to a growing attraction to FXGuys’ blockchain commodities trading offering, PEPE and XRP investors are attempting to join $FXG’s presale for gains and access to its platform. The public presale promises significant returns from its Stage 1 price of $0.03.
According to experts, early presale investors can make life-changing gains from this sale, possibly 10,000% ROI following the DeFi token’s exchange listing. The DeFi coin will list for $0.10, representing a 233% return to presale investors.
Based on these projections, $FXG is considered the best altcoin to invest in today.
To find out more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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