FXGuys ($FXG) Emerges As The Next Big DeFi Giant, Going Against Uniswap (UNI) And AAVE
The renewed bullish wave in the crypto market has seen top DeFi tokens like Uniswap (UNI) and AAVE record notable weekly gains. However, FXGuys ($FXG), an emerging Ethereum token, has popped up as a competitor for these top altcoins after showcasing enormous growth potential during its presale.
But the main question is, why is FXGuys stealing the spotlight from top DeFi coins like Uniswap and AAVE? Continue reading to discover!
Uniswap Gains 4% in a Week: More Growth in Store?
Uniswap has performed decently over the past seven days. On September 4, 2024, UNI was changing hands at around $6.32.
After holding this level for days, UNI gained significant bullish momentum on September 7 after a Dune report revealed that over 6 million addresses have swapped on multiple chains with Uniswap.
This metric showcased Uniswap’s rapid growth, generating massive hype about UNI. As a result, Uniswap’s native DeFi token climbed as high as $6.82 on September 10. By September 11, UNI had stabilized at around $6.60. This price means UNI has gained 4% in a week.
Also, the 24-hour Uniswap trading volume is up 6%, indicating a healthy buying force that might spur more gains.
AAVE Pumps 11% in a Week: More Gains Coming?
AAVE has performed exceptionally well over the past week. On September 4, 2024, AAVE was hovering around $130.57.
After trading sideways for days, AAVE gained traction on September 9 after the Aave DAO rolled out a dedicated ether.fi market on the Aave network, allowing users to borrow various stablecoins against their wETH liquid staking tokens.
This news saw AAVE climb as high as $155.55 on September 11 before experiencing a slight correction and stabilizing at around $145.53.
Despite the retracement, this price means AAVE has gained 11% in a week. Furthermore, the 24-hour AAVE trading volume is up 105%, showcasing massive investor interest, which will likely spur further gains.
FXGuys Rivals Top DeFi Projects With Its Distinctive Offering!
FXGuys, an emerging DeFi project, has emerged as the next big thing in the DeFi space. This budding platform has emerged as a favorite among investors because it offers unique features.
Additionally, the project aims to simplify how investors trade by building a decentralized brokerage for trading crypto, equities, FX, Indices, and commodities.
To achieve this, FXGuys offers a funding program that gives talented and ambitious traders up to $500,000 in capital, helping them snag market opportunities. However, traders must first clear the challenge phase, which examines their trading prowess, before qualifying for the funding program.
Notably, FXGuys’ flagship feature is its Trade2Earn program, which rewards investors for each trade they complete. FXGuys rewards traders with its utility token, $FXG. Interestingly, these trades do not have to be profitable for the program to reward traders. Moreover, traders with the highest trading volumes get higher compensation.
It is worth noting that FXGuys splits $FXG earnings with traders in a 20% to 80% ratio. This helps increase an investor’s profits over time. Additionally, the platform supports staking, no buy or sell tax, and an affiliate program to boost investor returns over time. These features explain why FXGuys is quickly making headway in the DeFi sector.
$FXG Presale Promises Massive Returns!
Besides its robust platform, FXGuys has piqued investor interest because $FXG boasts great potential. Specifically, $FXG has a maximum supply of 835 billion tokens. Combined with $FXG’s use within the FXGuys platform, this limited supply offers the DeFi token long-term viability, ensuring sustainable growth.
As of September, $FXG was available for purchase at $0.015 in the private sale phase. When $FXG enters Stage 1 of its public presale at $0.030, private sale round investors will enjoy a 100% ROI, which is set to increase to 566% once the token climbs to its launch price of $0.10. This forecast makes $FXG the best DeFi token to buy now!
