In the last 30 days, the SUI has declined to 35% from its performance level, which was quite different from what it was on the 4th of January. The token’s holders have hope that this situation marks the bottom, but based on several indicators, that is not the case. However, there is a new crypto project in the market known as FXGuys ($FXG), and it has risen to compete with Sui.
Currently, the FXGuys company has attracted attention in the market due to several products and services being offered by the company. The project seeks to be among the best crypto coins to buy through a Traders Funding Program and also an avenue to stake in order to have a better portfolio. For this reason, FXGuys has been receiving a lot of traffic on its presale platform.
In this article, we will explore how FXGuys, the challenger of SUI, is gaining attention.
Sui (SUI): Holders Optimistic About A Rebound
Although SUI holders may still have hope for its recovery, the traders are not as cheerful about it. This is in relation to the standing of the funding rate. The funding rate is the price that has to be paid in order to keep an open position in the derivatives market.
Data retrieved from Santiment indicate that SUI’s funding rate stands at -0.01%. This supports the understanding that bearish sentiments are widespread in the market, and many traders expect a decline in the price of the altcoin. If long positions are to be out of the picture, it might be difficult for SUI prices to continue with the rally.
FXGuys ($FXG): A Platform With No Buy And Sell Tax
FXGuys’ effects within the market have been quite startling, and its presale has been amazing. As an SUI challenger, the staking platform that is offered at FXGuys is one of the reasons why it is among the best-trending altcoins. In this feature, traders select the amount of token they wish to commit, and when they do so, FXGuys enables them to get 20% of the token staked from trading activities annually.
Yet another aspect that contributed to more attention to FXGuys as one of the best crypto coins to buy is its Trade2Earn program. The program ensures that FXGuys is the top blockchain platform to invest in to get excellent returns. The program involves giving out $FXG tokens to the traders for every trade they execute on the platform, which makes FXGuys it as one of the best-trending altcoin in the market.
In addition to this, because FXGuys does not impose the buy and sell tax during transactions, it has become the most popular blockchain trading platform. In addition, it is well known that this is one of the attractive altcoins because it does not require KYC during the transaction. With such features and strong background, it is certain that FXGuys has the possibility of hitting high this year.
Conclusion
FXGuys’ increasing popularity in the market is yet so fascinating, which makes it the best blockchain trading platform in the market. For the trader to achieve more profit, the traders should consider utilising its staking platform and Trade2Earn. This means that one can invest now and get fantastic profits once it starts; Take a chance in the presale now.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
Disclaimer: This is a sponsored article and should not be treated as news or financial advice. Always do your research before deciding to buy, sell, or transfer any crypto.
