Dogecoin (DOGE) saw an upward trend last week, surpassing key price levels. As it reached a new high, a large amount of DOGE was moved to an exchange, signaling a possible sell-off. Can this put DOGE at risk of price corrections in the days ahead?
Amid this, crypto traders have gained massive interest in the ongoing presale of this new crypto project: FX Guys ($FXG). The presale has been making headlines due to its mission of blending Traditional finance with Decentralized finance. Experts project that FX Guys will yield 100x returns for investors looking for the best crypto ICO.
In this article, we will explore the FX Guys presale and analyze whether Dogecoin is at risk after the massive sell-off.
Dogecoin (DOGE): Bouncing Back After Sell-Off
Whale Alert data reported a major Dogecoin transfer to Binance on October 20th. Over 176 million DOGE, worth over $25 million, was moved in a significant sell-off. The wallet responsible still holds over 10 million DOGE, valued at nearly $1.6 million.
This transfer followed Dogecoin’s price surge, sparking speculation that holders were cashing in on the gains. Despite the sell-off, Dogecoin has remained resilient. Price charts show that the selling pressure triggered a brief dip during the last trading session.
Trading volume surged to around $333 million, signaling that sell-offs had temporarily taken control. With the RSI still showing overbought levels, signs point to a potential price correction. Despite this, Dogecoin remains in a strong position overall.
FXGuys ($FXG): Offering Access To Multiple Asset As The Best Crypto ICO
The FX Guys presale has captured massive interest within the crypto community. As one of the best DeFi crypto projects to watch, FX Guys is building a decentralized brokerage and proprietary trading platform. With remarkable presale results, investor interest has surged, with FX Guys raising over $1,000,000 in its private round.
In the first stage of the presale, early investors can secure tokens at $0.03. With over 102 million tokens sold, FX Guys is set for major gains. For investors seeking the best crypto ICO, FX Guys presents a prime opportunity to jump in early and capitalize on its bright future.
The FX Guys will implement a two-phase vesting schedule, releasing 50% of the tokens in the first two months after the presale. The platform offers access to multiple assets, including crypto, FX, indices, and commodities. With no buy or sell tax and no KYC required, FX Guys is shaping up to be one of the best altcoins for the next bull run.
FXGuys ($FXG): Traders Enjoying Profit Share
The platform also offers a Trader Funding Program, where top retail traders can access up to $500,000 in trading capital. Traders also enjoy an 80/20 profit split in their favor. With same-day fiat and crypto deposits and withdrawals, FX Guys ensures swift transactions, making it one of the best altcoins for the next bull run.
The FX Guys’ staking mechanism stands out as a key feature. By allowing token holders to stake their tokens, they can earn up to 20% annual profit from the trading volume. This makes FX Guys a solid investment and a way to earn continually within its ecosystem.
Conclusion
Despite the recent sell-off, DOGE has bounced back. Meanwhile, as the $FXG presale continues, it is proving to be a compelling project. With its staking platform and funding program, FX Guys is one of the best DeFi crypto projects. Investors looking to capitalize on the next big thing should join FX Guys before it is too late.
To find out more about FX Guys follow the links below:
Presale | Website | Whitepaper | Socials | Audit