FXGuys is a decentralized broker and proprietary trading firm that provides traders with funding and a platform to trade multiple assets such as FX, crypto, indices, and commodities.
A DeFi expert has revealed his top pick for a cryptocurrency token that could experience a 100x pump in the upcoming bull run.
The expert, who wished to remain anonymous, shared his analysis in a recent interview with ProactiveInvestors. He explained that his choice is not Chainlink (LINK) or Sui (SUI), despite their recent positive developments.
According to the expert, the new crypto project that traders should watch runs a blockchain-based multi-asset trading platform that makes trading seamless and easier. He added that the project has been around for some time and has a good track record.
“This project is not new, but it is finally getting the recognition it deserves. They have a multi-asset trading platform that is powered by blockchain technology, making it easier and faster to trade multiple assets in one place. They also have a strong team of experienced traders and developers who are constantly working on improving the platform,” the expert said.
Traders can access the FXGuys trading platform without undergoing KYC checks, which reduces onboarding friction and makes it easier for more traders to use the crypto trading platform.
Moreover, traders will enjoy fast payouts through multiple payment channels, including Rise, stablecoins, and PayPal. They will also get support from FX Guys through advanced analytics like charts and AI trading tools.
Token holders will also enjoy discounts on trading fees, freeing up funds for actual trading.تأثر سعر البيتكوين وانخفاضه اليوم الجمعة ببيانات الوظائف الأمريكية القوية بشكل غير متوقع والتي أثارت مخاوف السوق بشأن رفع أسعار الفائدة بشكل أكبر من قبل الاحتياطي الفيدرالي.
However, the expert noted that Chainlink might not experience a 100x pump due to its lackluster performance in the market over the past 12 months. In a relatively bullish period, the token has gained just 12.4%.
“Chainlink’s LINK has not performed well in the market over the past year, despite the amazing developments emerging from the Chainlink network. One of the most recent is the integration of the Swift payment system with the Chainlink network. Pre-settlement and transaction stages will be completed through traditional Swift messaging channels, with Chainlink converting the result to blockchain events.”
However, LINK has lost 2.8% since the announcement. Analysts say this is indicative of the token’s future performance. This is why they predict a modest 20% surge for LINK by early 2025.
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