It's 'Uptober' again and investors are looking for potential growth opportunities. According to analysts, things might go a bit differently this year.
Experts claim that people are likely to skip usual favorite coins like Chainlink ($LINK) and Synthetix ($SNX) and instead opt for innovative tokens like FXGuys ($FXG).
Powered by Ethereum, FXGuys offers crypto-based proprietary trading services. You get to explore highly liquid markets like forex and commodities from a single platform. $FXG is still in the first presale stage but it has already featured in many analysts' best cryptocurrency ICO lists for the year.
Chainlink Labs, Taurus to work on institutional tokenization
Chainlink is a decentralized platform that allows developers to access, deploy, and sell oracle services. These services can power hybrid smart contracts and connect with APIs. $LINK token is used for all transactional purposes and is currently trading at US $11.01.
A few months ago, Chainlink was considered one of the best cryptocurrencies to buy. However, after facing a descending trend line for over three months, Chainlink has turned bearish. $LINK has been facing key resistance levels that might dampen its prospects.
Recently, Chainlink Labs partnered with Taurus to explore opportunities in institutional tokenization. Taurus is a leading digital infrastructure provider.
Under the initiative, the two entities would be focussing on boosting data transparency, security, and cross-chain mobility. As per reports, Taurus would leverage Chainlink data feeds to furnish information about asset state and facilitate transactions. Long term holders are waiting for a rebound in LINK prices.
Synthetix community passes proposal to overhaul protocol
Synthetix is a derivatives liquidity protocol where you can access liquidity for various permissionless protocols. All payments are transacted through Synthetix's native token $SNX and it's priced at US$ 1.41.
Synthetix was once a prominent token that later lost its sheen as the DeFi market got more saturated. In 2024, $SNX has largely been on a downward spiral. However, there might be some indication of a revival as Synthetix witnessed a surge in development activity recently. Developers returned to the Synthetix network after $SNX rolled out TLX, its new integrator protocol.
In a recent development, a proposal calling for a reboot of the Synthetix protocol was accepted by 99% of $SNX holders. Called 'SR-2', the proposal was floated by activist Benjamin Celermajer. The proposal features a plan to overhaul Synthetix's day-to-day operations and governance.
FXGuys: Building a DeFi-led future for prop trading
FXGuys is backed by multiple liquidity providers which ensures that there's no shortage of capital. You can get into prop trading without having to worry about KYC formalities or fear of delayed payments.
All transactions will require the $FXG token. $FXG is available on presale for US$ 0.03. So far, over 76 million $FXG tokens have been sold.
Don't wait anymore to get your hands on $FXG as there's a special discount of 10% for early birds. No taxes are levied on the sale or purchase of $FXG tokens, so you don't have to pay any unnecessary fees.
FXGuys' hidden gem is its trader funding program. Along with funds up to $500,000, you get the freedom to choose the strategy and the asset category.
The profits are divided between you and the FXGuys team in the 80:20 ratio respectively. $FXG is a token that will end all your worries about what cryptos to buy now.
FXGuys has a policy of rewarding engagement. So, the more you trade, the higher will be your rewards. The best part is that these rewards are not dependent on the outcome of your trades.
To fund these rewards, the FXGuys team has set up a treasury and it's maintained through community contributions.
FXGuys: An emerging crypto with high growth potential
FXGuys has gained an edge over top names with its sustained performance. $FXG is an altcoin to watch out for as it builds on its presale gains.
Analysts have also given rave reviews to FXGuys because of its utility-centric model. If you face a problem on FXGuys, there's a team or solution ready to help.
If you need any guidance on trading strategies, you can connect with educational groups and brainstorm with them. To simplify decision-making, you can leverage statistics and figures collected by FXGuys' analytics dashboard. The customer service team can also be reached through email or chat.
$FXG is a high growth cryptocurrency available at low prices during the presale stage. Head over to the presale and start accumulating $FXG now.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
