A crypto expert has echoed a bold prediction, suggesting that Ripple (XRP) could achieve a 40-fold increase before this bull cycle ends. However, FXGuys ($FXG), a DeFi prop firm, has taken the spotlight to challenge this forecast. The top DeFi token is on the rise, and it could surpass XRP’s target growth by many folds.
Here, we’ll discuss how high $FXG intends to go against XRP. Read to find out why it is a better investment option!
Experts Raise Manipulation Concerns If XRP Fails to Rise 40x
In an analysis posted to X on November 12, 2024, EGRAG Crypto asserted that XRP should rise 40x or more this bull cycle, citing the asset’s 20x rally in the last cycle despite Ripple facing a major lawsuit against the SEC.
With Ripple winning the case, EGRAG opined that the “unbeatable regulatory clarity” resulting from the payment company’s victory supports a 40 or 50-fold increase in XRP’s market value.
Failure to meet this expectation could result from manipulation behind the scenes, says EGRAG, before providing a detailed breakdown of XRP’s target prices if the expected growth is achieved.
From the cycle low of $0.28, a 40x upsurge will spur XRP to $11, and a 50x rally could put the price at $14, similar to several other predictions from experts. XRP currently trades at $0.66, following a 23.93% weekly gain.
FXGuys: Prop Firm Set to Disrupt Forex Trading With DeFi Features
FXGuys is an emerging prop firm in the decentralized finance landscape that aims to use its capabilities to transform Forex trading. The FXGuys platform brings a new vibe to trading Forex by introducing advanced AI tools and providing access to platforms like MT5, cTrader, and Match-Trader, depending on users’ locations.
This fairly new prop firm will provide users with several risk management tools, charts, copy trading tools, and social media platforms to connect with other traders. With these tools, market participants will experience ease in their trading journey.
It also has educational pieces such as videos and written materials for newbies looking to start in this industry.
FXGuys will unveil several development initiatives for traders, such as its Trader Funding Program and Trade2Earn scheme, to offer the financial resources they need to succeed.
Participants of the funding program can receive up to $200,000 in trading capital in an 80/20 profit-sharing structure, where traders keep the larger share.
This arrangement can be modified, with the capital reaching as high as $500,000, while traders take 90% of the returns. However, passing a challenge phase is crucial to benefit from this initiative.
The FX Guys prop firm will incentivize traders with its native token, $FXG, for every trade. This is part of its Trade2Earn scheme, in which traders receive a certain amount of $FXG tokens in their wallets per trade, regardless of the outcome. These tokens can be used to redeem several perks later on.
$FXG can be staked for long-term gains. For instance, stakers will access 20% of FXGuys’s annual revenue. Staking is a lucrative avenue to earn passively, especially when it is done on FXGuys.
$FXG: A Top DeFi Token That Aims to Challenge XRP
FXGuys’ features are directing users to its ongoing presale, which is still in Stage 1. The presale will allow potential participants to make a lot of money from $FXG at an early stage.
$FXG is valued at $0.03 right now, which experts regard as undervalued. With the top DeFi token targeting $0.10 to wrap its presale, investors can realize 233% of their initial capital. However, following its exchange listing, experts hint that the token will surge past $5, with the bull run fuelling the drive.
Those who buy $FXG now will realize a 16,566% ROI or 165x gain when the top DeFi token hits the highlighted price. As a result, experts are urging investors to take action now before it is too late.
To find out more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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