An emerging decentralized finance (DeFi) token has stunned investors in NEIRO and BONK with its profit prospect. This DeFi gem is set to draw attention away from these top altcoins as it promises gains that surpass investors’ expectations.
The optimism is fueled by its unique features that aim to address some of the most common problems faced by crypto traders and investors today. But the profit window is narrowing fast as its presale supply is depleting. The new DeFi platform has already sold over 98 million tokens.
Let’s figure out what the profit prospect of this DeFi gem is and how it can benefit NEIRO and BONK investors!
NEIRO Ends the Consolidation Period as Whale Activity Spikes
NEIRO, a fairly recent meme coin on Ethereum, has wrapped up an ongoing period of accumulation due to an uptick in whale activities. Spot on Chain reported this development via an X post on October 13, 2024.
The accumulation phase climaxed when NEIRO surged to $0.1182, representing a 723% increase from its lowest point. Market participants considered this breakout a bullish signal, with the expectation of additional gains prevalent.
Some of the whale activities Spot on Chain identified include the acquisition of 40.4 million NEIRO by GSR Markets two days earlier, equating to 4.04% of its total supply.
Another investor sold $1 million worth of OM and ATH to buy 8.450 million NEIRO while BWECapital.eth added 4.056 million NEIRO to its reserve, indicating 0.4% of the meme coin’s entire supply.
These whale purchases have ignited optimism about NEIRO’s future among crypto investors, but their focus is also on a budding DeFi gem with an even brighter future. NEIRO is up 19% in the last seven days, with the meme coin now trading at $0.0019.
BONK Gains 8% But Now Faces Resistance At Critical Levels
Following a recent price surge, BONK, a Solana-based meme coin, emerged on the top-gainer list for the day on October 16, 2024. The rise in BONK’s price was a rebound from previous lows that has helped renew interest in the meme coin.
BONK rose 8.1%, with its price rallying to $0.0000238. However, recent market data shows that BONK is facing resistance at a critical price range of $0.0000247 as sellers begin making a profit.
Early on October 17, BONK recorded a 3% loss, followed by a negative reading of its Williams %R, which was at -23.84. Another technical indicator, the RSI, shows the asset in the overbought region at 59.86, suggesting the asset has more room to grow.
If BONK scales the identified resistance layer, the price should be $0.00004804. Otherwise, a pullback to $0.00001909 can be expected. BONK trades at $0.00002277, up 14.78% over the last seven days.
FX Guys Lures Investors With Unprecedented Gains and Unique Features
NEIRO and BONK investors are captivated by the prospect of FX Guys as a heterogeneous income stream, thanks to its PropFi feature, staking program, and Trade2Earn design. With the combination of these dockets, FX Guys is ushering market participants into financial freedom.
Proprietary finance as a business model is the core value of FX Guys’ operations. This new DeFi concept brings real-world financial opportunities and the stability of traditional finance into the decentralized world. The prop firm grants users access to funding and various assets in the financial market, such as stocks, cryptocurrencies, FX, and commodities.
One of the outstanding initiatives that FX Guys introduced is the Trader Funding Program. The purpose of this program is to ensure that skilled traders are well-funded and given the opportunity they deserve to participate in and profit from the financial market.
After successfully scaling a test phase, traders will be handed trading accounts worth $500,000, along with 80% of the profits generated.
For every trade initiated, a certain amount of $FXG token will be deposited into each trader’s wallet. These tokens can be used to access exclusive trading perks, setting FX Guys apart from traditional financial platforms that charge high trading fees.
Holders of $FXG and other assets can also stake their holdings for steady passive income. This initiative is beneficial for investors looking to grow their portfolios and build wealth over time.
Investors Term $FXG a DeFi Gem!
$FXG is gaining traction among crypto investors like NEIRO and BONK holders for its value proposition within and outside its ongoing presale.
Having set a stellar record during its private sale by raising $1 million and making investors 100% of their invested capital, market players are confident that its public presale will offer more pleasant benefits.
Experts predict that from its current price of $0.03 in Stage 1 of its public presale, $FXG could surge past $1 following its exchange debut, leaving early investors with considerable returns. Therefore, $FXG is considered a DeFi gem set to lead the ongoing market cycle.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
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