Ripple (XRP) and Stellar (XLM) are two of the biggest winners that benefited from the positive reaction to Donald Trump winning the US Presidential election on November 5, 2024. While these coins became top picks among investors, a new DeFi coin has emerged to rival them with a 50x price pump potential in this bull market. This coin is related to a brokerage firm that is considered to be the best crypto trading platform.
Read to find out what we know about this new DeFi coin that may challenge XRP and XLM!
XRP Approaches $3: What Is Driving Up the Ripple Coin Price?
Ripple’s XRP took flight towards the tail end of November 2024, rising to $2.84 on a 373% rally. This rally pushed XRP to a price level last reached six years ago.
Although XRP trades below its all-time high of $3.30, which it claimed in 2018, experts opine that the Ripple coin can cross this price point. Weighing in on the Ripple coin’s short-term outlook, B2BinPay CEO Arthur Azizov noted that the election results greatly impacted XRP’s growth.
Since then, Ripple’s XRP has grown fivefold, outperforming Bitcoin, Ethereum, and Solana. Robinhood recently relisted XRP, which is another factor driving its growth.
If an XRP ETF appears in the picture, this could further push the value upward. The Ripple coin trades at $2.75, up 89.44% over the last seven days.
Analyst Says Stellar Can Rise 20% to $0.68 in the Bull Market
Javon Marks, a crypto pundit, has suggested that Stellar’s XLM might be on the verge of a 20% price rally to $0.68. Marks wrote this thesis in an X post on December 2, 2024.
According to Marks, the Stellar coin has been holding and adding to gains since the bull market began. With the strength of the altcoin market still in place, XLM could push towards $0.68, a target he has foreseen for a while now.
Marks added that Stellar’s XLM could move higher if the Stellar coin breaks through the $0.68 resistance. He opined that a surge to $1.20 for XLM could happen if the Stellar coin broke past the highlighted resistance.
Over the last 30 days, XLM gained 450%, with its market capitalization rising to $16.1 billion. The Stellar coin currently sits at $0.55, up 11.9% in the past week.
FXGuys is Named the Best Crypto Trading Platform By Traders
FXGuys already had positive impressions on potential users’ minds before its official launch. The brokerage firm was recently called the best crypto trading platform, and the reasons are valid.
FXGuys is the first broker-backed prop firm that invests intently in traders’ development. The platform supplies several trading tools to help traders become better versions of themselves and feel included.
One of the platform’s developmental initiatives is the FXGuys Trader Funding Program. This program addresses traders’ funding situation, especially those whose lack of capital has hindered them from actively trading.
After undergoing thorough screening to test their abilities, the FX Guys platform picks out the most proficient and potentially profitable traders and gives them trading accounts worth $200,000 to $500,000 to handle. Profits will be shared 80/20, with 80% going to the traders and 20% to the platform.
The FXGuys platform will reward traders with $FXG tokens for every trade, automatically appearing in their wallets. This initiative aims to encourage participation and give users an inclusive experience.
The reward tokens can access trading benefits like drawdown limits or staked. By staking $FXG, you can vote on matters affecting the FX Guys ecosystem and earn rewards and up to 20% gains from the exchange’s annually generated revenue on your staked tokens.
Due to these perks, FXGuys has been dubbed the best crypto trading platform in the bull market by potential users looking forward to its public debut. Its native token is available for sale at a low price in its presale.
The $FXG DeFi Coin Challenges XRP And XLM With a Potential 50x Gain!
$FXG has become a contender in the crypto landscape, taking on the likes of XRP and XLM. Due to its ability to rise parabolically in the bull market, it is set to lock heads with these altcoins in a tight match.
The DeFi coin trades for $0.04 in Stage 2 of its public presale. It is set to list at $0.10 before the end of 2024, delivering a 150% gain to investors.
Those who purchase the token may also benefit from an anticipated 50x surge in its price after its public debut. As a result, the DeFi coin is pitted against XRP and XLM as a contender set to outperform them in the bull market.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
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