Expert Says XRP Could Hit $500, But Investors Are Eyeing FX Guys ($FXG) for Big Profits from Passive Staking Rewards

The cryptocurrency market is booming again after a dip in early October. While Ripple (XRP) hasn’t had an impressive run, one expert is betting that the altcoin will hit $500. Still, investors are flocking to FX Guys ($FXG), a new PropFi project, for its exciting staking rewards. This new DeFi token has surged 100% during its ongoing presale so far.

So why are Ripple investors flocking to FX Guys even with the rising price of XRP? Read on to find out!

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Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

XRP posted negligible gains last week despite the cryptocurrency market recovering from the October 1, 2024 crash. XRP was trading around $0,5308 on October 9.

This token continued to trade sideways for days as investors pondered what direction the XRP price would take after the SEC filed a Notice of Appeal in its case against Ripple Labs on Oct. 2.

In a positive turn, XRP gained bullish momentum on Oct. 11 after Tearsheet named Ripple the winner of the 2024 Power of Payments Award for Best Fiat/Crypto Payments. This positive news sent XRP soaring to $0,5543 on Oct. 15 before correcting lower. By Oct. 16, XRP had stabilized around $0,5412.

This price means that XRP has gained just 1% in a week. However, experts believe that XRP could surge to $500 if Ripple Labs emerges victorious in its long-running case against the SEC. Despite this bullish forecast, investors are flocking to FX Guys because it offers incredible staking rewards.

FX Guys: A DeFi Platform Promising Huge Staking Rewards

The crypto market rally has pushed traders to seek out platforms that will boost their trading strategies through ways like staking rewards. This explains why FX Guys, a decentralized brokerage and proprietary trading platform, has seen an influx of investors.

FX Guys has caught the attention of investors because it supports trading of multiple assets, including crypto, commodities, indices, and forex, to name a few. This means that investors looking to build well-balanced investment portfolios can have unlimited options to do so.

The most notable feature of FX Guys is the Trader Funding Program. This fantastic feature is available to talented traders once they pass the challenge phase, during which they demonstrate their trading capabilities. Investors who pass the challenge phase are initially awarded up to $200.000 in real trading capital.

Ambitious traders with proven profit-making skills can increase their capital quota to $500.000. This particular feature helps investors who do not have sufficient resources to take advantage of potentially profitable trades despite their financial situation.

Trade2Earn is another amazing program offered by FX Guys. This amazing feature awards $FXG tokens to all investors.

To spice things up, each trader receives $FXG tokens for every trade made, whether profitable or not. Notably, traders can redeem the earned $FXG tokens to redeem trading benefits or purchase subscriptions to tools to improve their trading game.

However, the best way to utilize $FXG tokens is to stake them in the FXG staking program. FX Guys . This program offers mouth-watering rewards to investors who lock up their $FXG, providing liquidity to the FX Guys platform.

Specifically, FX Guys offers participants profits of up to 20% on their annual trading volume based on their participation in the pool.

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Buy $FXG tokens now and enjoy huge returns!

As the cryptocurrency market takes a bullish trajectory, major altcoins have surged due to the market dynamics. However, experts in the field believe that $FXG is headed for a massive price rally based on its performance so far.

$FXG is currently in Stage 1 of its public presale. Investors can purchase the token for $0,030. The current price of $FXG denotes a 100% increase from the previous Private Sale Round price of $0,015.

This profit margin is expected to increase to 566% when $FXG reaches its listing price of $0,100. As for Stage 1 investors, $FXG is set to generate a 233% ROI when it hits its launch price.

Furthermore, experts believe that $FXG will rise astronomically as more investors adopt FX Guys because of its massive staking rewards. This prediction makes $FXG the best coin to buy right now!