Significant shifts are underway in the cryptocurrency industry as big-time investors in Ethereum (ETH) and Ripple (XRP) pivot to an emerging prop firm coin, FXGuys ($FXG).
Still in its ICO phase, $FXG has provoked comments from analysts and experts due to this strategic rotation, some of which include predictions of a potential 200% surge in the token’s value by quarter two of 2025.
Read to find out if the presale token, $FXG, can soar 200% by the projected time frame.
ERC 7683 To Catalyze Ethereum L2 Unification In 2025
The Ethereum network is on the verge of a significant upgrade with the imminent launch of the ERC 7683 in 2025. This cross-chain standard will unify Ethereum-based layer-2 networks, making them interoperable beyond Superchain and other solutions.
FigoETH, an X user, disclosed this update in an X post on December 26, 2024, noting that with the ERC 7683, a hard fork won’t be required for Ethereum to achieve L2 unification and interoperability. Currently, L2 networks like Optimism, Arbitrum, Taiko, Unichain, and Polygon are on board.
The ERC 7683 will improve ETH network users’ experiences tenfold. Users can transfer non-fungible tokens (NFTs) from Arbitrum to Optimism and swap tokens on Polygon for those on Base.
All operations on the Ethereum network will be routinized among these chains, creating a unified framework for cross-chain interactions. Despite this announcement, ETH has barely moved, with a 0.38% gain this week at $3,393, causing investors to turn to $FXG.
Ripple Set To Release 1 Billion Coins Into Circulation On January 1, 2025
Ripple, the mother company to XRP, is preparing to release a fresh batch of XRP into circulation on January 1, 2025. This imminent iteration will see Ripple dole out 1 billion XRP into the market.
Based on the asset’s current valuation, that is $2 billion of the Ripple-owned coin entering the market. Per schedule, these XRP coins will be released in three batches: 200 million XRP, 300 million XRP, and 500 million XRP.
These tokens comprise 1.74% of XRP’s 57.25 billion circulating supply and 2.63% of the remaining 36 billion XRP sitting in Ripple’s escrow accounts. Ripple will use the XRP Ledger escrow mechanism to manage this unlock.
While it is certain this unlock will impact XRP’s market price, it remains to be seen how. Due to this uncertainty, whales are shifting to $FXG. In the meantime, XRP trades at $2.08, down 4.61% this week.
FXGuys Prop Firm Introduces Trader Development Programs
FXGuys is one of the new DeFi launches making rounds in the crypto space by offering solutions that address long-standing problems in the financial market. However, its trader development programs, which will be accessible after its official launch, have called significant attention to the prop firm.
These include a funding program, a trade2earn initiative, and a staking mechanism. They will help traders realize their financial goals through trading.
The FX Guys trader funding program is an initiative that offers traders capital to trade any financial instrument they want. First, they need to pass specific trading challenges. Afterward, they will receive up to $500,000 as capital, with an allowance to keep 80% of the profits.
The FX Guys Trade2Earn program will incentivize them for every trade to ensure their continuous market participation. For this, $FXG tokens will be sent to their wallets after executing a trade, adding to the presale token’s utility.
Another thing FXGuys users can do with their $FXG tokens is stake them in the prop firm’s liquidity pool for passive rewards. $FXG holders can earn double-digit APYs by simply staking their tokens.
$FXG Eyes 200% Surge By Q2 2025 As Presale Token Gains Adoption
A 200% rally is on the horizon for $FXG as whale investors increase their stakes in the presale token. A recent report shows that $FXG has generated over $3.2 million in its ongoing presale.
This presale is in Stage 2, with $FXG selling for $0.04. With the next stage right around the corner, investors can make a quick 25% profit when $FXG hits $0.05.
Meanwhile, $FXG is projected to launch at $0.10, which could see investors realize 150% of their capital and more after its exchange debut. However, the secret is to buy the presale token now to cash in on this opportunity.
To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit
