The decentralized finance (DeFi) sector is under strain due to heightened volatility, with top altcoins like TRON (TRX) and Ondo Finance (ONDO) struggling despite unveiling new ecosystem developments. However, experts have discovered a new cryptocurrency, FXGuys ($FXG), that continues thriving. They believe its native token is the best crypto to buy now.
Here, we will find out why $FXG continues to thrive despite the market turbulence and whenever it is the best crypto to buy!
FXGuys is Making Waves as the Best Crypto to Buy After Weathering Bearish Storms
The crypto market is bearish, and most top altcoins have lost significant portions of their valuation except $FXG. This DeFi coin has demonstrated strength and stability in the face of the recent boom-and-bust cycle.
Not only has $FXG remained resilient, but it has also enriched participants in its ongoing public presale with a massive token price rise, drawing attention to FXGuys, its native platform.
Focused on offering proprietary trading services, FXGuys is the first platform where users can buy and sell digital assets across the financial market without paying a penny in taxes. This tax-free policy is driven towards ensuring users have complete access to their profits.
Do you want to trade but don’t have the capital to do so? FXGuys has got you covered. The FXGuys Trader Funding Program was set up solely to equip users with up to $500,000 to trade any asset available on the platform. Now, you can make bigger trades without risking your money.
Profits will be shared 80:20, with traders taking the larger share. Also, traders will receive $FXG tokens for every trade they initiate on the platform through the FX Guys Trade2Earn program. This is why FXGuys is the most anticipated DeFi project in this cycle.
As with other DeFi platforms, you can stake your tokens on FXGuys. However, staking on FXGuys attracts more APY and rewards than most platforms. Specifically, those who stake their $FXG tokens will get a 20% APY.
TRON Crashes Like Other Top Altcoins as Bears Overturn the Bulls
The impact of the bear hit on the market remains evident as TRON struggles to stage a comeback. The TRX price chart is currently discouraging, as technical indicators hint at weak momentum and reduced buying activities.
Bitcoin led the downturn, crashing below $100,000 and instigating a correction across the altcoin market that has affected TRON’s token price. TRON’s TRX is now attempting to gain balance at the $0.22 support level.
If this level holds, a rebound may happen sooner than later. If not, TRX risks falling below $0.20 and maybe down to $0.15. The TRON coin trades at $0.22 after a 5% weekly loss.
Ondo Finance Introduces Ondo Nexus to Enhance Tokenized Treasury
In a recent move, Ondo Finance launched Ondo Nexus, a new mechanism to expand liquidity for tokenized treasury within the network. The Ondo Nexus will leverage broader collaboration with the issuer and round-the-clock redemption capabilities to achieve this objective.
Ondo Finance’s CEO, Nathan Allman, stated that Ondo Nexus is a massive milestone in tokenized treasures and the broader real-world asset category.
He noted that they are developing a modular structure to allow shared redeemability of tokenized treasures to stablecoins across several products by diversifying eligible collateral.
Despite this innovative move, ONDO continues to shed gains like other top altcoins. Within a month, the ONDO price has dipped 5% to $1.44.
$FXG Stands Tall Against Bearish Sentiments in the DeFi Space!
While coins like TRX, ONDO, and the entire DeFi sector fail to hold together, things continue looking up for $FXG. The numbers back it up. Despite the bearish situation, $ FXG has raised over $3.85 million during its presale.
The DeFi coin now sells for $0.05 in Stage 3 of its public presale, with early buyers drenched in 400% gains. However, new investors can buy at this price for a 100% ROI upon its exchange debut.
This profit can rise fifty-fold after the launch, presenting $FXG as the best crypto to buy this cycle. So, next to TRX and ONDO, $FXG holds the most potential and should be on every investor’s radar. Buy $FXG tokens 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.