Traders Prefer This ETH Altcoin Over Memecoins Like PEPE and SHIB

FXGuys Surges Amid Decline in Shiba Inu and Pepe Ecosystems

Amid buying momentum cooling off in the Shiba Inu (SHIB) and Pepe (PEPE) ecosystems, FXGuys is surfacing as a rising star that is keeping traders on their toes.

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FXGuys’ Exceptional Hybrid Model

As panic selling takes center stage in the Pepe network, the FXGuys is witnessing bullish momentum triggered by its out-of-the-box approach of merging the decentralized finance (DeFi) and traditional finance (TradFi) sectors. 

Calling out this development, leading on-chain metrics provider Spot On Chain acknowledged that PEPE witnessed a major selloff after a whale bagged a whopping $7.3 million in profits. 

Spot on Chain stated, “A whale just deposited 356.2B $PEPE ($7.3M) to #Kraken, securing a massive $7.3M profit (31x return). On Sep 20, 2023, this whale withdrew 375.65B $PEPE from #Gemini for just $237K.By Feb 17, 2024, the whale began offloading via DEX and Kraken, allegedly cashing out $7.54M in total.”

Source: Spot on Chain

As PEPE witnesses market manipulation, which at times causes panic selling, the FXGuys is crafting a name for itself as a solid decentralized forex broker that is not affected by intermediaries.

The top crypto trading platform has devised cutting-edge initiatives, such as Trade2Earn, to boost retail trading talent globally.

To build traders’ confidence by eliminating emotional decision-making, such as panic buying and selling, the Trade2Earn model enables all users to earn $FXG tokens for all trades executed whether a win or lose.

This not only increases the demand for $FXG coins, but also empowers traders’ both monetary and mentally.

Tired of market manipulation? The FXGuys has become an ideal choice for traders, thanks to its straightforward roadmap compared to meme coins, such as PEPE.

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FXGuys’ Groundbreaking Trader Funding Program

Imagine being rewarded with between $200,000 and $500,000 depending on one’s trading skills, and having to keep 80% of the profits.

This is exactly what FXGuys’ Trader Funding Program brings to the table since its core goal is eliminating the capital stumbling block that experienced traders at times face.

Through these inventive strategies, FXGuys is resonating well with investors as one of the leading proprietary trading firms eager to boost trading talent globally.

Transaction fees is something foreign in the FXGuys ecosystem, thanks to the no buy or sell tax policy meant to maximize traders’ profits. 

Meanwhile, TradingView data shows that Shiba Inu’s relative strength index (RSI) recently dropped from 85 to 51, signalling a drop in bullish momentum.

Source: TradingView

With selling pressure engulfing the SHIB network, the FXGuys continues to resonate well with investors, owing to its long-term objective of revamping commodities, crypto, indices, and forex trading. 

Conclusion

As an Ethereum-powered platform, the FXGuys is attracting investors’ interest and confidence at the expense of top meme coins, such as Pepe and Shiba Inu, which at times suffer from market manipulation. 

To find out more about FXGuys follow the links below:

Presale | Website | Whitepaper | Audit