The cryptocurrency market is buzzing after Donald Trump’s victory in the U.S. presidential election, signalling a potential long-term bull run for Bitcoin. The world’s largest cryptocurrency surged to over $89,000 following the election, doubling from its 2024 low of $38,505. With pro-crypto candidates gaining seats in Congress, expectations of a friendlier regulatory environment for digital assets are high.
As Bitcoin’s bull run takes shape, another exciting development in the DeFi space is the rise of FXGuys ($FXG), a project gaining traction as a potential contender to Ethereum. With its comprehensive DeFi features and strong presale performance, FXGuys has positioned itself as a Top PropFi Project worth watching in 2024.
Bitcoin’s Bull Run Fueled by Trump’s Victory
Donald Trump’s presidential win has been felt across the financial markets, particularly in the cryptocurrency sector. Bitcoin’s price surged to over $86K, driven by expectations that a Trump administration will bring lighter regulations for digital assets. Major crypto investors share this optimism, with the industry investing over $119 million to back pro-crypto U.S. congressional candidates who also won key races.
With these victories, the cryptocurrency space anticipates a more favourable legislative environment, allowing Bitcoin and other cryptocurrencies to thrive. Market analysts suggest that Bitcoin’s bull run is far from over, and with key technical indicators like the Market Value Realized Value (MVRV) ratio pointing toward bullish momentum, some expect Bitcoin to reach $120,000.
FXGuys ($FXG) Gaining Attention as the Next Big DeFi Token
While Bitcoin steals headlines, investors are also turning their attention to altcoins, particularly FXGuys ($FXG). FXGuys is shaping up to be one of the best DeFi tokens in 2024, offering features that make it an attractive project for traders and investors.
FXGuys is currently in its Stage 1 presale, priced at $0.03, after selling out 68 million tokens in a private round that raised over $1,000,000. The project has captured the interest of Ripple whales and DeFi enthusiasts alike, positioning itself as a strong competitor in the market with the potential to rival Ethereum’s dominance.
Why FXGuys Could Be the Next Ethereum
FXGuys stands out as a Top PropFi Project due to its unique value propositions and DeFi-centric ecosystem. Here are three key reasons why FX Guys could be the next big altcoin:
- Staking and Profit Sharing: One of the FXGuys’s core features is its staking program, where users can stake $FXG tokens to access up to 20% profit and revenue share from broker trading volume. This passive income opportunity makes the FXGuys appealing to long-term holders and DeFi investors.
- Trader Funding Program: FXGuys offers a Trader Funding Program that allows top retail traders who pass trading evaluations and challenges to access up to $500,000 in funded accounts. This program comes with an 80/20 profit split in the trader’s favour, making it one of the most lucrative opportunities among the best proprietary trading firms.
- No Buy or Sell Tax and Trade2Earn Rewards: Unlike many DeFi tokens, FXGuys does not impose any buy or sell tax, providing traders with greater flexibility. Additionally, the Trade2Earn program rewards every trade with $FXG tokens, incentivizing trading activity and increasing token demand.
A Rising Star in DeFi and PropFi
With its innovative ecosystem, FXGuys is quickly becoming one of the top DeFi coins to watch. The project is backed by a broker, offering users access to various trading platforms such as MT5, Match-Trader, cTrader, and DXtrade, depending on their location.
FXGuys’ same-day fiat and crypto withdrawals for over 100 currencies make it a convenient option for global users. Its decentralized trading platform allows for seamless transactions without the need for KYC. Combined with the Trade2Earn rewards and Trader Funding Program, these features set the FX Guys apart in the competitive DeFi landscape.
Conclusion
Donald Trump’s victory and the resulting pro-crypto wave in Congress have set the stage for a prolonged Bitcoin bull run, with some predicting that Bitcoin could hit $120,000 in the coming months. However, while Bitcoin climbs, savvy investors are also eyeing altcoins like FXGuys ($FXG), which has the potential to become the next Ethereum.
With its staking rewards, Trader Funding Program, and Trade2Earn incentives, FXGuys is emerging as one of the best DeFi projects of 2024. Now is the time to consider adding FXGuys to your portfolio, especially with its presale price still at just $0.03. Could the FXGuys be the next Ethereum? Only time will tell, but it’s certainly a project to watch closely in the months ahead.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
