On February 3, Ethereum (ETH) started a steep downward trend and could not sustain below $2,800. This has frustrated investors, and they do not have any hope that the altcoins can rally and get back to the bullish trend again. However, in the midst of this, the crypto whales have shown interest towards a new trending altcoin called FXGuys ($FXG).
These whales predict that FXGuys has all the potential to replace Ethereum in the market. Therefore, investors and traders are supporting FXGuys’ presale platform as they acquire tokens. Its massive presale progress indicates that FXGuys has the potential to experience tremendous growth in the market.
Let`s explore why whales say FXGuys could replace Ethereum in the market.
Ethereum (ETH): Ali Martinez Forecast Future Price
According to CryptoQuant, Ethereum’s netflow on the derivative exchanges is now below -300,000 ETH for the first time since August 2023. This massive outflow of ETH can mean several changes in the market. With such levels of liquidations, many short positions can be expected to face forced exits if ETH’s price starts to climb in value further.
Despite its struggles, the aspect of buyer interest is certain. The constant demand is further supported by Trump’s personal decision to invest in World Liberty Financial, which includes Ether ETFs and ETH among its concurrent investment options. In the meantime, another popular crypto analyst, Ali Martinez, stated that if ETH maintains its position above $2,500, it could gain critical momentum that will increase its price to $4,000 or even $6,000.
FXGuys ($FXG): A Platform That Unites TradeFi and DeFi
Due to the plan of merging TradeFi and DeFi, FXGuys has emerged as the most promising crypto to buy in the market. The staking mechanism associated with the platform has sparked more attention, and because of this, whales say FXGuys could replace Ethereum in the market. Its staking program enables token holders to stake their tokens with the possibility of getting 20% of the amount of staked tokens per year from the trading volume.
Other factors that are contributing to its growth as the best-trending altcoin in the market include the Trade2Earn program. Basically, FXGuys compensates the traders with $FXG tokens anytime they engage in a trade on the platform irrespective of the trade outcome. This has encouraged traders to trade more, and that makes FXGuys the best crypto trading platform.
One of the FX Guys features that has made a lot of waves and has captured whales attention is the Trader Funding Program. This platform provides retail traders who are in the process of searching for the best crypto trading platform an opportunity to get access to $500,000 in the account balance. They also have an accurate profit-sharing solution where traders receive 80% of the profits while FXGuys receives only 20%.
Conclusion
All these features that FXGuys is providing in the market are why whales are forecasting that it could displace Ethereum. Some of these factors are the staking platform as well as the Trader Funding Program. Thus, if you are looking for the most promising crypto to buy, FXGuys is the best option to consider now.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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