The price of Ethereum (ETH) has been a concern in the crypto market because of its significant impact on top altcoins like Solana (SOL). Given Ethereum’s long-term potential, bulls predict ETH will reach $12,000 before Solana hits $1,000. Amid this intriguing forecast, savvy investors are looking at FX Guys ($FXG), a new crypto ICO, as a more profitable altcoin rival.
FXGuys is developing a decentralized broker and crypto trading platform for various assets, such as commodities, forex, and cryptocurrency. As a top DeFi coin, FX Guys offers early investors the potential for substantial profits. The platform attracts interest from traders worldwide due to its instant crypto or fiat payouts and lack of KYC requirements.
In this article, we’ll explore the dynamics between Ethereum, Solana, and FXguys and why this new crypto ICO is poised for growth.
Ethereum (ETH): Bulls Anticipate ETH Reaching $12,000 Before SOL Climbs to $1,000
Ethereum bulls are optimistic about the price of the top DeFI coin, predicting it may reach $12,000 before Solana rises to $1,000. Indeed, with new advancements in its network daily, Ethereum's growth appears to be unending, strengthening the strong prediction of the ETH bulls.
To achieve a faster push to $12,000 than a Solana increase to $1,000, as the Ethereum bulls have forecast, the price of ETH must continue a steady growth cycle. However, given Solana's rapid expansion, it might be challenging for the price of ETH to align with the predictions of Ethereum bulls. Should further speculations surface, such as those regarding the price of Ethereum, the altcoin might receive renewed interest and possibly soar to significant heights next year.
Solana (SOL): Dominance in Transaction Volume Highlights the Strength of its Network
Solana has quickly become a trending altcoin due to its high-speed, low-cost blockchain network. It has been lauded as a potential "Ethereum killer" due to its ability to process thousands of transactions per second. Significantly, Solana has outperformed Ethereum and its layer-2 solutions regarding the volume of daily transactions.
According to recent data, Solana has increased its volume by 45%, processing over $1.6 billion. This remarkable amount surpasses significant layer-2 platforms like Ethereum, indicating the ETH bulls’ prediction of hitting $12,000 before Solana reaches $1,000 will be tough to come by. Solana has become a trending altcoin for developers and users because of its improved stability and cheap transaction costs.
FX Guys ($FXG): Bringing Forex Trading to the Crypto Blockchain
As the global trading market changes, FX Guys is a top crypto trading platform and a potential altcoin rival to Ethereum and Solana because of its PropFi (proprietary finance) feature. Traders on this broker-backed platform can access various platforms such as Match-Trader, MT5, cTrader, and DXtrade, depending on where they are in the world. This method gives traders complete control over their assets and increases speed and flexibility.
The PropFi trading program and development environment, which gives top retail traders access to funded accounts, is a notable feature of the FXguys platform. Traders must complete trading assessments and challenges to be eligible for up to $500,000 in trading capital. Profits are distributed fairly, with traders receiving 80% of the profits, greatly increasing their capacity to maximize returns.
The FX Guys Trade2Earn program increases trading volume and token demand by rewarding traders with $ FXG tokens following successful deals. Traders and investors can access up to 20% of the revenue and profit share from the brokered trading volume by staking their $FXG tokens. Users can keep these rewards without paying extra transaction fees because of the blockchain trading platform's no buy-or-sell tax policy.
Conclusion
As Ethereum bulls push toward the ambitious $12,000 target before Solana reaches $1,000, the competition within the blockchain trading space is intensifying. While both ETH and SOL have established strong ecosystems and offer significant growth potential, the FXGuys platform emerges as a potential rival with a unique focus on the decentralized forex market. Investors are interested in the $FXG token because of its remarkable platform utility and potential to become the next 100x altcoin.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
(Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.)