Crypto News: Investors Are Ditching Ethereum And Dogecoin To Ride FX Guys ($FXG) Into A $500M Market Cap Boom
The post Crypto News: Investors Are Ditching Ethereum And Dogecoin To Ride FX Guys ($FXG) Into A $500M Market Cap Boom appeared on BitcoinEthereumNews.com.
Top altcoins like Ethereum (ETH) and Dogecoin (DOGE) have started retracing their recent growth. This has pushed investors in these tokens to shift to fresh tokens with better prospects. Consequently, FX Guys ($FXG), an emerging PropFi token, has quickly made headway during its presale, surging 100% thus far. Why are Ethereum (ETH) and Dogecoin (DOGE) investors shifting gears to FX Guys ($FXG)? Read on to discover! Ethereum Spikes 10% in a Week: What’s Coming Next? Ethereum has performed splendidly over the past week as bulls remain the dominant force in the altcoin market. On October 10, 2024, ETH was trading around $2,346. ETH gained traction the same day after GMX joined Immunefi and the Ethereum Foundation as Blobfish sponsor of the Ethereum protocol Attackathon on Immunefi. This news saw ETH climb as high as $2,671 on October 15. However, speculative traders started taking profits. As a result, ETH began pulling back. By October 17, Ethereum had stabilized at around $2,591. This price means Ethereum has surged 10% in a week. However, the 24-hour Ethereum trading volume has plunged 17%, meaning investors are migrating from Ethereum. If this decline continues, ETH will likely continue retracing its growth. >>>BUY $FXG TOKENS HERE<<<< Dogecoin Surges 16% in a Week: Will Bulls Continue Charging? Dogecoin has showcased an exceptional performance over the past week. On October 10, DOGE was hovering around $0.1041. Dogecoin continued trading in the green before the pump intensified on October 15. This spike came after DogeExpress announced that it had onboarded a business in Spain to accept DOGE for payments. This bullish news saw Dogecoin jump as high as $0.1294 on October 16. However, speculative traders started cashing out, and DOGE started correcting downward. By October 17, DOGE had stabilized at around $0.1215. This price means Dogecoin has gained 16%…
Filed under: News - @ October 24, 2024 7:25 am