There's a new wave of innovation rocking the crypto market, and a new PropFi token is leading it. The new crypto project is about to unseat some of the top altcoins, and even Pepe and Pudgy Penguins (PENGU) investors are intrigued by the DeFi token.
Bearish signs are emerging for PEPE and PENGU. PEPE is struggling to hold support levels, while PENGU traders are bracing for potential resistance.
We have information on the two distressed top altcoins and the that is raring to rally!
Pepe Price Takes Fall on Christmas
Defying the typical trend of altcoins surging during holidays, PEPE went against the grain this year. Instead, the token dipped in the early hours of Christmas.
Reports suggest that Bitcoin's price is contributing to the bearish pressure on top altcoins, especially meme coins. With Bitcoin , meme coins remain stuck at their support levels.
In the short-term future, PEPE might see the token price fall even further below. The meme coin is currently , having lost 3% on the monthly price charts. The decline in the PEPE price is now driving investors to the new DeFi token.
PENGU is Set to Meet Resistance
The PENGU price spike has had the crypto market on a chokehold for over a week now, as the meme coin’s bullish momentum recorded over 500% in its first week. Like many meme coins, the PENGU spike has seen most traders gain significant returns, but veterans know the bearish wave is on its way.
PENGU also previously touched its Fibonacci extension at $0.043 before correcting shortly after. The correction wave is over now, and Pudgy Penguins must be on its way to test the resistance level again.
Pudgy Penguins is now the biggest meme coin on Solana's ecosystem, edging past BONK with its $2.6 billion market cap. PENGU is pegged at about $0.03664, about 13% less on the daily price trend. Holders are now switching to the new PropFi token, where they can make 150% profits from the presale.
New Crypto on the Block: FXGuys Redefines DeFi Investing!
The PropFi token is the latest among the DeFi tokens to announce a presale in the crypto market, and what a time to make an appearance.
There's a lot to look forward to next year, as the US presidential election has ushered in fresh bullish momentum. FXGuys is one of the new crypto projects in line to ride on the market enthusiasm.
The FX Guys project offers a comprehensive DeFi experience, complete with its innovative PropFi token. Notably, the project features a unique proprietary trading setup that provides capital to skilled traders, allowing them to maximize their profits.
With the FXGuys Trader Funding Program, you can access up to $500,000 in trading capital after proving your skills in the challenge phase. What’s more, you get to keep 80% of the profits made while 20% of the profits go to the investors.
There's also the FXGuys Trade2Earn program, where traders get $FXG tokens as rewards every time they close a trade. It doesn't matter whether they're in profit or not, and the $FXG stash accumulated serves multiple use cases.
FXGuys staking rewards are pegged at 20% annually, and even regular token holders can gain up to 100x post-launch. Trader or investor, your first stop is at the $FXG presale. FXGuys has something for all!
100x Growth Potential: The $FXG PropFi Token Takes on Top Altcoins!
Like many of the top altcoins, it's not all rosy on the PEPE and PENGU price charts. Both top altcoins are now losing their investors to the new $FXG PropFi token that has now raised over $3 million in presale investments.
The $FXG is gaining momentum for a lot of things. There's the groundbreaking proprietary trading and the Trade2Earn feature on the platform. But PEPE and PENGU investors are more drawn to the PropFi token's utilities. Experts believe the utilities could fuel the token's surge by 100x.
There are even more immediate profits on the presale token. $FXG is currently trading at $0.04 in Stage 2 of the public presale, and with the PropFi token set to launch at $0.10, a 150% ROI is guaranteed. You should join the train of experienced investors who are taking advantage of $FXG’s rise!
To find out more about FXGuys follow the links below:
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