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FX Guys Accelerates to Stage 2 With $1 Projection as Chainlink and Solana Falter

In the ever-evolving realm of cryptocurrencies, innovation and utility are crucial for a project`s success. As Chainlink and Solana grapple with fulfilling their promises, FXGuys has emerged as a prominent contender, capturing significant attention with its success in Stage 2 of the presale. Having raised over $2.6 million and with a projected price target of $1, FXGuys is establishing itself as a leading PropFi project and a potential game-changer in the DeFi arena. >>>JOIN FXGUYS HERE FXGuys: A New Force in DeFi More than just another altcoin, FXGuys has established itself with the $FXG token by merging innovation, ease of access, and practical benefits into a complete ecosystem. Unlike many other projects that depend on speculative growth, FXGuys provides steady value through features like staking rewards, the Trade2Earn program, and a proprietary trading funding initiative. With a current presale price of $0.04, FX Guys has drawn the interest of both retail and institutional investors. This achievement reflects the project`s robust fundamentals, marking it as one of the most promising altcoins available today. Staking That Rewards Dedication A major factor in FXGuys` triumph is its staking system, offering up to a 20% profit and revenue share sourced from broker trading volumes. This staking scheme encourages long-term involvement, providing holders with regular returns. While Chainlink focuses on decentralized oracle solutions and Solana is renowned for its rapid blockchain, FX Guys distinguishes itself by directly rewarding its community. This focus on concrete benefits has established FXGuys as a leading DeFi coin for investors aiming for growth and utility. Empowering Traders with Prop Trading FXGuys has transformed the trading environment with its prop trading funding program, which allows proficient traders to access accounts with up to $500,000 in capital upon passing an evaluation. With an 80/20 profit split in favor of traders, FXGuys enables its users to enhance their earnings while minimizing financial risks. The platform also integrates with the FXGuys Trader platform and supports popular trading tools like MT5 and cTrader. This versatility makes FXGuys one of the top proprietary trading firms, catering to experienced professionals and astute prop traders looking to boost their trading potential. Trade2Earn: Encouraging Active Participation Another key feature of FXGuys is its Trade2Earn program, which has significantly contributed to its popularity. By offering $FXG tokens as rewards for every trade made, FXGuys has built a lively ecosystem that promotes activity and liquidity. This inventive strategy sets FX Guys apart from Chainlink and Solana, which primarily concentrate on technological advancements over user engagement. FXGuys` dedication to aligning the interests of traders and the platform has made it a favorite within the community. Tax-Free Trading and Worldwide Access FX Guys further emphasizes user convenience with its tax-free trading model, enabling investors to maximize their profits without hidden fees. The platform`s no-KYC decentralized trading enhances accessibility, making it appealing to users globally. Additionally, FX Guys offers same-day fiat and crypto withdrawals in over 100 local currencies, ensuring both global reach and ease of use. These attributes underscore FXGuys` commitment to providing a seamless experience for its diverse user base. Why FXGuys is Surpassing Chainlink and Solana Although Chainlink and Solana remain key figures in their respective areas, their recent challenges in meeting market expectations have opened opportunities for projects like FXGuys to excel. FXGuys` emphasis on offering tangible benefits, fostering community participation, and introducing innovative features has distinguished it from its rivals. The project`s presale achievement, ambitious roadmap, and solid market fundamentals have positioned FXGuys as a leading contender in the competition for the best DeFi token. With a $1 forecast on the horizon, FXGuys is demonstrating that its worth extends beyond mere speculation. >>>JOIN FXGUYS HERE A Promising Future for FXGuys As FXGuys advances through its Stage 2 presale, its potential for long-term success becomes increasingly clear. With over $2.6 million raised and a growing community of traders and investors, FXGuys is on the path to becoming a major player in the DeFi and PropFi sectors. For investors looking for a project with utility, accessibility, and significant growth potential, FXGuys offers an enticing opportunity. Its capacity to outpace established projects like Chainlink and Solana highlights its strength and vision, making it a leader in the cryptocurrency space. To learn more about FXGuys, follow the links below: Presale | Website | Whitepaper | Socials | Audit The Daily Hodl

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Shiba Inu Burn Rate Explodes 7,240% With 1.1 Billion Tokens Burned In 24 Hours, What’s Driving It?

The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token’s significant supply. The latest sharp increase in SHIB burns have also caught the attention of the crypto market, bringing focus to the factors driving this substantial surge and its potential impact on the meme coin. What’s Driving The Surge In Shiba Inu Burn Rate Shibburn, a token burn tracker, has reported a massive 7,240.75% increase in Shiba Inu burn rate in the past 24 hours. Astonishingly, this substantial token burn led to the permanent removal of approximately 1,104,706,719 SHIB tokens from circulation. Related Reading: Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit? Notably, the driving force behind this massive SHIB burn was identified to be a single wallet. This anonymous wallet address, ox6d0cf1f…, was responsible for more than 95% of this substantial Shiba Inu burn, sending approximately 1,000,148,675 SHIB tokens to a dead wallet. Following this, another address initiated a 100,000,000 SHIB burn, contributing to a significant amount of the burn activity. These combined efforts from Shiba Inu enthusiasts and community members have significantly impacted the circulating supply of SHIB, increasing the possibilities of a price surge in the meme coin. Typically, token burns are executed with the intention to increase scarcity and potentially drive up the value of a token over time. Since its inception in 2020, a total of 410.74 trillion SHIB tokens have been burnt from its initial supply of 999.98 trillion. Currently, the total supply of this meme coin stands at 589.2 trillion, reflecting a 41% decrease from its original amount. This reduction occurred in less than 5 years, marking a significant milestone for the Shiba Inu ecosystem. If burn rate continues to skyrocket, it could cause further deflation of supply, potentially leading to goals of many Shiba Inu community members, which is to drive the value of the meme coin to over $1. SHIB Price Dips Seen As Golden Opportunity Despite the increase in Shiba Inu’s burn rate, its price has remained unaffected, even declining by over $8.3% in the past week. The doggy-themed meme coin crashed from its previous high above $0.00002 to $0.0000186 as of writing. Related Reading: Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target While Shiba Inu faces this bearish trend, a crypto analyst SHIB Bezos, has highlighted the significant buying opportunities investors could take advantage of during this time. The analyst suggests that at some point, Shiba Inu will become oversold, and sellers will eventually get “exhausted”, leading to a rise in the price of the meme coin. Ahead of this increase, SHIB Bezos urges investors to take advantage of dip opportunities to buy more SHIB tokens at a discount and HODL for a long term growth potential of about 5-10 years. Featured image from Unsplash, chart from Tradingview.com The Daily Hodl