Sui (SUI) has been outstanding in the market recently. It reached a record high price of $4.91 recently when its trading activity saw an increase. Despite its price being a little lower than the peak it achieved, SUI has observed an upward hike in the market, which makes it one of the trending altcoins in the market.
Despite the bullish signal SUI is showing, crypto analysts have pointed out a new rival that has the potential to outshine it. FXGuys ($FXG) has emerged in the industry with the aim of bridging the gap between DeFi and TradeFi. With its staking feature, FXGuys has become one of the best DeFi crypto projects to buy.
This article will explore why analysts highlight FX Guys as the next SUI killer.
Sui (SUI): Witnessing A Surge In User Activity
The double-digit rally in SUI has been driven by the announcement that Backpack is set to be integrated with the Sui blockchain. This news led to an incredible upward movement of SUI’s price as the blockchain gained popularity in its user activity. This user activity intensity is echoed in the SUI decentralized finance (DeFi) total value locked (TVL), which has also been rising to reach a new high.
As a result, the increase or growth in a network’s TVL means that more capital is being staked, deposited, or used within that respective ecosystem. This may have a positive effect on an asset price because high TVL normally correlates with high demand. Alongside its growing TVL, the SUI DEX also continued to see more trading volumes as it surpassed $35 billion.
FXGuys ($FXG): The Staking Mechanism Offers Lucrative Opportunities
FXGuys serves as a decentralized platform as well as a proprietary trading company, and in doing so, it has revolutionized the way traders trade in the market. Its staking mechanism is fast gaining the interest of traders, and it gives it the potential to be a better performer than SUI in the market. The staking platform offers opportunities for the token holders to stake their tokens and earn 20% annually from the trading volume.
The Funding Program has allowed FXGuys to become one of the best DeFi crypto projects you can buy. This program allows traders to access an account up to $500,000 after they have passed tests and evaluations. When you trade and earn money, the profit is shared at 80/20, where 80% goes to the trader and 20% goes to them.
On this platform, there is no need for KYC when doing transactions. The moment you register and install a wallet that facilitates the trading of FXGuys, you can directly begin trading, which is why it is among the trending altcoins in the market. As well, there are no buy and sales taxes on FX Guys transactions.
Conclusion
An evaluation made by experts on the reasons why FXGuys will outshine Sui gives a hint of the future of the project. It is still in the presale period, and this proprietary trading company has really set itself on the path to success after more than 2.9 million dollars had been raised. FXGuys is going ahead in 2025 as one of the next altcoins set to yield multiple gains.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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