Amid growing bullish momentum, investors in Dogecoin (DOGE) and Cardano (ADA) turn their gaze to FXGuys ($FXG), a prop firm project, betting on it to deliver a tenfold return.
With DOGE struggling due to liquidation and ADA bottoming out, $FXG seems to be the best DeFi coin to invest in for guaranteed gains. Its public presale offers early entry to those interested in capitalizing on a 10x ROI.
Read to find out why DOGE and ADA holders are betting on $FXG!
Dogecoin Records Massive Liquidation Within a Day
CoinGlass, an on-chain information provider, revealed that Dogecoin traders have recorded significant liquidation in the last 24 hours. Short traders were the most affected because prices moved against their setups.
While long positions were also liquidated, they were minimal compared to short traders. DOGE’s total liquidation stood at $11.85 million, with 60% of it experienced by short traders.
Specifically, short traders’ liquidation sat around $7.61 million, while that of long traders was $4.24 million. This data shows a massive liquidation imbalance for short traders.
The gains recorded during this period failed to hold as Dogecoin fluctuated heavily. Yet, DOGE rose 17.60% over the week, pushing its price to $0.37.
Crypto Veteran Predicts Cardano’s Next Move After the ADA Price Bottoms
Peter Brandt, a famed market expert, recently made a comment on Cardano’s ADA, which has garnered notable attention from the crypto community. Taking to X on January 16, 2025, Peter Brandt posed a rhetorical question about the possible start of the altcoin season.
Further into the tweet, Brandt asserted that ADA has bottomed out and may be gearing up for a grand bull market. His position on the alt season suggests that the altcoin market may be on the verge of a wider recovery.
Peter Brandt based his ADA prediction on technical analysis. In a chart attached to the post, the analyst highlighted a double-bottom base pattern preceded by a descending triangle.
This pattern suggests that ADA could experience an uptrend in the days ahead. Currently, ADA has gained 20.28% in the last seven days to hit $1.10.
Investors Bet On the FXGuys Prop Firm Coin For a 10x Profit
FXGuys is a proprietary trading firm built on the Ethereum blockchain to address long-standing PropFi issues. By integrating TradFi and DeFi solutions, the prop firm aims to resolve the inadequacies and unsustainability of the PropFi landscape.
One of these issues is slow or no payouts. Thanks to its faster processing ability, the prop firm ensures that all transactions are completed within a day.
Also, FX Guys equips traders with enough capital to capitalize on trading opportunities. Skilled traders can get up to $500,000 to trade stocks, shares, cryptos, and indices on the platform, keeping 80% of their profits.
To encourage continuous market participation, the FX Guys prop firm rewards traders with $FXG tokens. The tokens can be used to access more trading opportunities or staked.
Those who stake $FXG tokens will earn about 20% of the platform’s annual trading volume as APY, which is much higher than any platform offers. Hence, $FXG holders can earn money in two ways: holding and staking.
Presently, DOGE and ADA investors are counting on FXGuys’ native token, $FXG, to deliver substantial returns in this bull market. They expect the ICO coin to rise significantly from its current price, multiplying their profits tenfold.
Investors Dub $FXG the Best DeFi Coin to Buy
Although $FXG is not tradable on exchanges yet, the new DeFi coin is purchasable for $0.04 per token in Stage 2 of the public presale.
Stage 2 investors can secure a 150% return on investment when $FXG launches at $0.10, provided they buy the token at its current price. Smart investors are already taking advantage of this opportunity.
With $FXG expected to soar 10x after its exchange debut, investors believe it is the best DeFi coin to invest in now!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit