Magic Eden (ME) and Fartcoin (FARTCOIN) are gaining traction as traders anticipate a bullish surprise in the market. These trending altcoins are making waves, but a new PropFi coin is hinting at an even larger breakout.
The new PropFi platform stands out with features designed to appeal to new and experienced investors. It has no transaction taxes, allowing users to maximize returns. Its staking rewards program also incentivizes holders, offering passive income and encouraging long-term growth.
The coin’s utility extends beyond trading by offering access to funded accounts. This feature lets traders work with larger capital pools, increasing their profit potential. With DeFi coins on the rise, could this new PropFi coin become the market leader and deliver the returns investors dream of?
Magic Eden’s Trading Volume Drops: Can the DeFi Coin Pick Up?
On December 11, 2024, data from Santiment showed that Magic Eden had a trading volume close to $5.5 billion. However, the trading volume has since fallen. This shows a steep decline in the activity on Magic Eden’s platform.
Nonetheless, the value of Magic Eden’s coin, ME, rose since the drop. Last week, the Magic Eden coin price rose from $2.788 to $3.189, a 40.1% surge. Some Magic Eden investors still believe that ME’s surge will continue surging because of its high utility. According to these Magic Eden investors, the ME token price could surge to $4 in a few weeks.
On the flip side, some investors are cautious about investing in ME due to the volatility of the crypto market. In a bearish scenario, ME could fall to $2.20 soon.
Fartcoin’s Big Surge: Why is This New Memecoin Bucking the Trend?
On December 18, 2024, FARTCOIN reached an all-time high market cap of $1.2 billion, despite most trending altcoins falling sharply. This happened while the broader crypto market struggled after news of a 25-basis-point rate cut from the US Federal Reserve. FARTCOIN’s price is valued at $1.212, a 53.81% surge from last week when it traded at $0.788.
Meanwhile, due to the market’s expected recovery, some experts believe Fartcoin’s token price could surge significantly in the coming weeks. As such, FARTCOIN could reach $1.750 in the short term.
On the other hand, top experts believe that FARTCOIN will soon experience a decline due to investors taking profits from other trending altcoins. This could cause the price of FARTCOIN to fall to $0.860 soon.
The FXGuys Platform is Driving Demand for Its PropFi Coin, But Why?
Magic Eden and Fartcoin’s bullish forecast is backed by hopes that the market will recover soon. However, many investors believe FXGuys ($FXG) is on a similar trajectory due to its innovative offerings.
Crypto traders face different challenges, from unpredictable markets to safety risks, and the likelihood of profit isn’t always clear. The FX Guys platform and its new PropFi coin are addressing these issues with features designed to make trading smoother and more rewarding.
In addition, many traders seek platforms that provide them with trading capital, and the FXGuys platform delivers in this regard with its Trader Funding Program. Traders who meet the platform’s criteria can receive up to $500,000 in funding. Once funded, traders keep 80% of their profits, which is uncommon in most platforms.
For those wanting passive income, the FX Guys platform has staking options for $FXG tokens. By staking, users can earn up to 20% of the broker’s revenue. The more active the trading on the platform, the higher the staking rewards. This offers a way to earn without constant trading and attracts a lot more investors.
Even if you lose on some trades, staking your tokens ensures you still earn. Many now consider $FXG one of the best DeFi tokens to buy for passive income.
Another issue traders often face is the lack of control over platform decisions. The FX Guys prop firm has a solution with its governance model. Token holders can vote on key updates and policies, which gives them a say in how the platform runs.
$FXG Rivals Trending Altcoins Due to Its Huge Growth Potential: Join Now!
The FXGuys crypto trading platform is grabbing the spotlight with its PropFi coin, $FXG. This token has multiple uses on the platform. Holders can use it to pay for challenges, earn rewards, and gain access to key features. $FXG is an important part of this platform’s system.
Experts are buzzing about $FXG’s potential. They believe it could grow 100 times in value by early next year, outshining other PropFi coins. Some even predict it will drive the next big market rally in 2025. These gains might be the beginning, making $FXG a strong contender as the best PropFi coin.
$FXG is in Stage 2 of its public presale, and the token is valued at $0.04. This is a rare chance to get in early on a coin with so much potential. Early investors often see the biggest returns, so many are taking notice of this opportunity.
With the growing interest in crypto and rising DeFi coin prices, $FXG stands out. Its promising future and key role in this platform make it one to watch closely.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
The post Magic Eden And Fartcoin Could Be Setting Up For A Bullish Surprise But A New PropFi Coin Is Teasing a Huge Surge appeared first on ETHNews.
