Amid growing bullish momentum, investors in Dogecoin (DOGE) and Cardano (ADA) are turning to FXGuys ($FXG)a project for an accessories company, which is banking on a tenfold return.
As DOGE struggles due to liquidation and ADA hits bottom, $FXG appears to be the best DeFi coin to invest in for guaranteed gains. Its public presale offers early access to those who want to capitalize on a 10x return on investment.
Read to find out why DOGE and ADA holders are betting on $FXG!
Dogecoin records massive liquidation in one day
CoinGlass, an on-chain information provider, revealed that Dogecoin traders saw a significant liquidation over the past 24 hours. Short traders were hit the hardest as prices moved against their setups.
Although long positions were also liquidated, they were minimal compared to short traders. The total DOGE liquidation amounted to $11.85 million, 60% of which was achieved by short traders.
Specifically, the liquidation of short traders amounted to approximately $7.61 million, while that of long traders amounted to $4.24 million. This data shows a massive liquidation imbalance for short traders.
The gains recorded during this period failed to hold as Dogecoin fluctuated wildly. However, DOGE increased by 17.60% over the week, pushing its price to $0.37.
Crypto Veteran Predicts Cardano’s Next Move After ADA Price Lows
Peter Brandt, a famous market expert, recently made a comment on Cardano’s ADA, which has received notable attention from the crypto community. Speaking to X on January 16, 2025, Peter Brandt asked a rhetorical question about the possible start of the altcoin season.
Further in the tweet, Brandt claimed that ADA had hit bottom and was possibly preparing for a big bull market. Its stance on the alt season suggests that the altcoin market could be on the cusp of a broader recovery.
Peter Brandt based his ADA prediction on technical analysis. In a chart attached to the post, the analyst highlighted a basic double bottom pattern preceded by a descending triangle.
This trend suggests that ADA could see an upward trend in the coming days. Currently, ADA has gained 20.28% over the past seven days to reach $1.10.
Investors Bet on FXGuys Prop Firm Coin for 10x Profit
FXGuys is a proprietary trading company built on the Ethereum blockchain to solve long-standing PropFi issues. By integrating TradFi and DeFi solutions, the prop company aims to address the inadequacies and unsustainability of the PropFi landscape.
One of these problems is slow or no payments. With its faster processing capability, the accessories company ensures that all transactions are completed within a day.
Additionally, FX Guys provides traders with enough capital to capitalize on trading opportunities. Qualified traders can get up to $500,000 to trade stocks, cryptos and indices on the platform, keeping 80% of their profits.
To encourage continued market participation, prop company FX Guys rewards traders with $FXG tokens. Tokens can be used to access more trading opportunities or staked.
Those who stake $FXG tokens will earn approximately 20% of the platform’s annual trading volume in the form of APY, which is much higher than any platform offers. Therefore, $FXG holders can make money in two ways: by holding and by staking.
Currently, DOGE and ADA investors are counting on FXGuys’ native token, $FXG, to generate substantial returns in this bull market. They expect the ICO coin to rise significantly from its current price, increasing their profits tenfold.
Investors Call $FXG the Best DeFi Coin to Buy
Although $FXG is not yet tradable on exchanges, the new DeFi coin can be purchased for $0.04 per token during stage 2 of the public presale.
Stage 2 investors can get a 150% ROI when $FXG launches at $0.10, provided they purchase the token at its current price. Smart investors are already taking advantage of this opportunity.
With $FXG expected to rise 10x after its stock market debut, investors believe it is the best DeFi coin to invest in now!
To learn more about FXGuys, follow the links below:
Presale | Website | White paper | Social networks | Audit