TRUMP And Solana’s Stumble Could Open The Door For FXGuys To Explode In Value
The post TRUMP And Solana’s Stumble Could Open The Door For FXGuys To Explode In Value appeared on BitcoinEthereumNews.com.
In the wake of Donald Trump’s tariff announcement over the weekend, the cryptocurrency market took a considerable hit. Official Trump (TRUMP) and Solana (SOL) also crashed. This event has certainly taken a heavy toll on investors. Yet, a new crypto ICO project, FXGuys ($FXG), seems set to benefit significantly. It may even stage a stunning bullish move. How will TRUMP and SOL’s crash help $FXG shine? Read on to find out! >>>JOIN FXGUYS HERE<<< TRUMP Tanks 75% from Its All-time High After Tariff Announcement The possibility of a trade war between the USA and its trade partners has set the crypto industry on its toes, with popular crypto projects like TRUMP tipping into a downfall. The decline started with Bitcoin nose-diving from around $105,000 to about $92,000 after the tariff announcement. TRUMP was also not immune. The meme coin fell 77% from its all-time high of $75, falling as low as $17. Garrick Hileman, a crypto analyst, remarked that the TRUMP coin was a much riskier cryptocurrency than Bitcoin because of how much it lost in contrast. While Bitcoin has since rebounded but has yet to reclaim the $100,000 threshold, TRUMP has yet to make any significant attempt at a recovery. However, this could benefit a new crypto ICO coin, $FXG. TRUMP has dropped 29% in the last seven days and trades at $19. – Advertisement – Traders Look Out for Additional Decline as Solana Falls The crypto market crash also briefly affected Solana. It dipped below $200. Although SOL is back above $200, the Solana coin continues to struggle to maintain this level. Commenting on Solana’s predicament, Ali Martinez, a famous expert, noted how important it is for SOL to hold this level or risk a steep downfall. According to Ali, if Solana fails to remain above $191, it…
Filed under: News - @ February 9, 2025 2:15 am