Since the Bitcoin rally kicked off a late crypto bull run 2024 on the top altcoins in November, traders have their eyes peeled for the effects on Ethereum (ETH) and Dogecoin (DOGE). Both tokens were tipped to take off to massive returns by the next bull run, but ETH and DOGE have been underwhelming ever since.
FXGuys ($FXG) is on track for a massive spike in 2025, and its price indicates a lot of potential for a surge, even up to 100x. Neither ETH nor DOGE can promise or deliver those kinds of gains, and that’s why so many traders are jumping on the PropFi crypto trading platform.
Not so surprising, there’s been some pullback on Ethereum and Dogecoin. Read on for more details!
What you'll learn 👉
Is Ethereum Experiencing Profit-Taking Losses?
The past 24 hours have been a turbulent affair on Ethereum, as the token succumbed to a 2.86% dip in pricing. While many traders might be putting it down to market correction, Ethereum just experienced a pullback in the middle of a surge, and some crypto trading experts believe it’s due to profit-taking on the blockchain.
ETH reached a weekly peak at about $3,749.27 early on Monday, November 2, 2024, capping the volatility over the weekend with a decent start to the week. Now that the ETH price seems over its $3,600 resistance, many traders were inclined to take a profit before corrections hit.
The pullback has seen Ethereum fall back to support at $3,625.89, as the ETH token is showing considerable resilience even in the face of a Bitcoin crash on Monday. Could Ethereum’s resilience push the ETH price to new heights going forward in the crypto bull run 2024? Time will tell.
FXGuys Opens Up the PropFi Crypto Trading World
The FXGuys ecosystem is promoting proprietary finance in the crypto-verse, bringing the concept from the Forex market. PropFi simply increases the profit potential of talented traders, funding them with capital to increase whatever profits they get from their trading.
The selection process is chiefly based on the traders’ performances in a simulation. There will be objectives and the simulation will assess each trader’s efficiency in turning in profits. The first assessment will take place when the $FXG presale token hits Stage 4, and the simulation challenge will be available on the FXGuys ecosystem when the platform goes live.
The FX Guys Trader funding program will offer the selected traders capital from $2,500 to $100,000, with scalable pipelines to $500,000. From there, traders get to keep 80% of their profits, remitting only 20% back to the investors.
As for what to trade, FXGuys sports a variety, from stock market products to foreign currency pairs and even real-world assets. The crypto tokens complete the list of assets, and traders on the FX Guys ecosystem will be spoiled for choice when they have to curate their portfolios.
Before then, the FXGuys token is in presale at the moment, selling at $0.04 each, but only for the moment. The traffic on the network is immense, and it’s only a matter of time before the $FXG presale token spikes in value.
Dogecoin’s DOGE Takes a Hit From the BTC Crash
After its most recent crypto bull run 2024, Bitcoin has been hovering around the $100,000 resistance level for a while already, and with tokens like DOGE waiting on the token, it could get a little frustrating for traders. Already, whales have started consolidating for a surge, but the week started with some sour news for Dogecoin.
Bitcoin took a hit to $95,719 on December 2, 2024, after most traders were anticipating a spike during the week. Given its heavy correlation with BTC, Dogecoin shed some of its value accordingly, dipping to $0.4225 after touching a weekly high at about $0.45.
DOGE’s rise is one of the eagerly anticipated spikes at this period, after its 176% surge from last month. Dogecoin could be set for massive returns, given Donald Trump’s re-election and the promise of a friendlier regulatory environment for crypto. Still, the $FXG presale token is offering a higher potential for spikes.
The $FXG Presale Token: Low-Cost, High-Reward Investment Opportunity!
DOGE and ETH have a correlation with Bitcoin in common, and that might be dragging them down on their daily charts. At any rate, traders are interested in low-cost tokens with high ceilings for a surge, and the $FXG presale token fits the bill.
The token’s public presale is in Stage 2, and investors can still stack up at $0.04 per token, which experts believe is the best entry point. With its launch price already set at $0.10, investors are guaranteed 150% returns on their $FXG portfolio.
Experts also forecast that the DeFi token could soon grow by up to 10,000% after it goes live, making it a ‘$100 to $10,000’ investment opportunity!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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