As the crypto market experiences high volatility, Avalanche (AVAX) has crossed the bull market support band. AVAX is trading above the 20-week simple moving average (SMA) and has seen significant growth after launching the Avalanche Foundation’s $40 million grant program, ”Retro9000”. Similarly, the Telegram Open Network (TON) saw a notable increase in daily active addresses, reaching 3.8 million by the end of September, up from 2.2 million in August.
Besides these two projects, experts spot another highly promising project with a similar strength pattern: FXGuys ($FXG). This is the first-ever Trader Development Ecosystem that combines the trustworthiness of Traditional Finance (TradFi) with the new ideas of Decentralized Finance (DeFi). It helps new traders by giving them money on a special platform that includes advanced tools for analyzing their trades and allows them to share in the profits.
Let’s explore and compare these three projects with similar strength patterns.
Avalanche (AVAX): The Foundation Grant Program Improves The Platform
Looking at AVAX’s valuation over the last two months, it’s clear that Avalanche has shown stronger market performance. The Avalanche Foundation launched the Retro9000 grant program on September 26, 2024, empowering developers to build essential infrastructure on the Avalanche network. This initiative aligns with the upcoming Avalanche9000 upgrade, expected to be the most significant improvement since the platform’s mainnet launch in 2020.
Retro9000 aims to reduce developers’ economic challenges, allowing them to experiment, innovate, and contribute to the growing Avalanche ecosystem. After the announcement of the Retro9000 grant program, AVAX’s price experienced a significant rise. Recent data shows AVAX gaining 2.81% over the past week, 1.79% over the month, and 20.23% for the quarter.
Toncoin (TON): Daily Active Addresses Surge Shows Increased Adoption
The increase from 2.2 million to 3.8 million daily active addresses in just one month shows how popular TON is becoming and how its community around Toncoin is growing. This growth means more people are using the TON blockchain and its ecosystem, which includes decentralized applications (dApps) and digital assets.
This rise in active addresses shows that TON is doing a good job of attracting new users and keeping them, which is important for staying strong in the competitive blockchain market. It also highlights the network’s ability to handle many users without slowing down, which is key for improving blockchain technology as it grows.
FXGuys ($FXG): Rewarding Traders Through Trade2Earn Model
FXGuys has shown remarkable strength as one of the best cryptos to buy to boost your portfolio. Experts view it as a major player in the financial industry because it offers traders the chance to join a challenge phase where they can earn up to $200,000 in trading capital upon passing. The challenge phase is an evaluation process to assess whether traders have the ambition and skills needed to qualify for FXGuys’ Forex Funding Program.
As successful traders continue to perform and deliver profits, FXGuys will raise their trading capital to $500,000 while maintaining an 80/20 profit-sharing formula. With FXGuys, traders get a larger portion of the profits, and that share can grow over time. As one of the best altcoins, FXGuys also offers a Trade2Earn (T2E) program, rewarding traders with $FXG tokens every time they trade on the platform.
To fully understand why experts point to FXGuys as one of the best cryptos to buy, look at its remarkable presale success. Having sold 68,000,000 $FXG tokens in its private round that concluded, its recent stage one has sold over 78 million tokens. For investors looking for the best crypto investment platform, FXGuys is poised for strong gains as its price is currently just $0.03, and it’s expected to rise to $0.10 when the public launch happens.
Conclusion
With altcoins like Avalanche and Toncoin showing remarkable strength, FXGuys is catching the eyes of investors for showing the same strength pattern. Experts say it could give investors a significant return on investment thanks to its Trade2Earn model and funding program. Don’t miss out on this chance! Visit the website and grab your tokens to join one of the best crypto investment platforms.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit