The crypto market has entered a recovery phase after rallying significantly over the past week. This retracement has seen top meme coins like Dogecoin (DOGE) and PEPE perform differently, leaving investors asking which one is the best crypto to buy now.
Fortunately, FXGuys ($FXG), an emerging PropFi and DeFi coin, has attracted investors after showcasing the potential to consistently rise during its presale. Notably, this DeFi coin has surged 100% thus far.
Why is FX Guys forging full steam ahead as the Dogecoin and PEPE prices witness volatility? Let’s find out!
What you'll learn 👉
Dogecoin Surges 24% in a Week: Is It the Best Crypto to Buy Now?
Dogecoin has amazed investors over the past week after becoming the best-performing crypto in the top ten list of leading cryptos. On October 15, 2024, DOGE was hovering around $0.1161.
Dogecoin gained bullish steam the same day after DogeExpress announced that it had successfully onboarded a business in Spain to accept DOGE Spain.
A day later, DogeExpress disclosed that the business was Ventura Harbor Bar. This bullish news saw Dogecoin soar as high as $0.1495 on October 21 before stabilizing at around $0.1444 as of October 22. This price action means DOGE has lept by an impressive 24% in a week.
So, does DOGE qualify as the best crypto to buy now? However, analysts expect Dogecoin to continue pulling back as the excitement about the recent news fades. This trend is evident in the 24-hour DOGE trading volume, which is down 2%. Should this reversal continue, DOGE will likely slump sharply.
PEPE Slips 3% in a Week: Will Bulls Take Over Soon?
PEPE has performed underwhelmingly over the past seven days, failing to mirror the price action of popular cryptos. On October 15, 2024, PEPE was changing hands at around $0.00001063.
It is worth noting that PEPE attained this price due to prevailing market conditions. PEPE’s price was also driven by the October 8 news of iTrustCapital supporting PEPE. By adding support for Dogecoin, iTrustCaptial allowed its users to purchase this meme coin with their 401k and Roth IRAs.
This development helped push PEPE as high as $0.00001090 on October 19. However, PEPE lost the bullish steam and started correcting downward. By October 22, PEPE had leveled off at around $0.00001015. This price movement means PEPE has plunged 4% in a week.
So, is PEPE the best crypto to buy now? Experts foresee PEPE’s price shrinking further as the buzz about the iTrustWallet news dwindles. The 17% decline in the 24-hour PEPE trading volume supports this prediction.
FXGuys Grabs Headlines With Its Trade2Earn Feature
As the Dogecoin and PEPE prices continue fluctuating, investors are actively searching for alternative tokens to safeguard their investments against losses. This pressing need has seen investors flock to FXGuys, an emerging DeFi and PropFi project that seeks to simplify trading by addressing issues affecting legacy platforms.
Specifically, the FXGuys platform offers multiple tools and programs to help traders boost their skills and increase profits. As such, it is not hard for FXGuys to spot the best crypto to buy now.
The top feature of the FX Guys project is a Trade2Earn program, which rewards traders in $FXG tokens for each trade they complete. Amazingly, these trades do not have to be profitable for FXGuys to reward traders in its DeFi coin.
To help investors realize the value of their $FXG tokens, FXGuys allows them to redeem trading benefits and tools to improve their skills. Investors can also lend their $FXG holdings to borrowers in the DeFi space to earn interest.
However, the best use case of $FXG tokens is staking them within FX Guys. Amazingly, FX Guys offers stalkers up to 20% of its annual trading volume profits, making it one of the DeFi platforms with the highest staking rewards.
This reward model encourages traders to stay active within the FXGuys platform. However, it is impossible to trade without funds. That’s why FXGuys allows talented traders to access its prop firm funding program. This trailblazing program offers traders real capital, allowing them to continue trading even when funds run low.
Specifically, the FXGuys prop firm funding program initially offers traders that pass the challenge phase up to $200,000 in capital. As investors grow their accounts by trading profitably, FXGuys can increase their capital allocation to $500,000. This explains why FXGuys is quickly making inroads into the DeFi ecosystem.
$FXG: The Next Top DeFi Coin
With Dogecoin and PEPE prices showcasing volatility, investors have embraced $FXG because its presale promises consistent returns. Also, investors are embracing $FXG because its limited supply of 835 million tokens stages it for continued growth as the FXGuys platform gains more adoption. This makes it the best crypto to buy now.
As of October 2024, $FXG was progressing with Stage 1 of its presale. $FXG’s price during this stage is $0.03. This price offers investors an alluring entry point because this DeFi coin is set to launch at $0.10.
By climbing to $0.10, this top DeFi coin will have generated a 233% ROI for Stage 1 investors. This explains why $FXG is the best crypto ICO to invest in 2024 and beyond.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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