What Is Driving SUI Price Up? Analyst Points To Other Bullish Altcoins
The post What Is Driving SUI Price Up? Analyst Points To Other Bullish Altcoins appeared first on Coinpedia Fintech News
The crypto market has gradually started green after battling a bearish trend for weeks. This renewed bullish force has seen top altcoins SUI pump by double digits. Apart from SUI, an analyst has spotted massive growth potential in AAVE and an emerging Ethereum token that is still in its presale.
Why is SUI pumping, and why does this analyst believe AAVE and this new Ethereum token will surge soon? Let’s find out!
SUI Climbs 12% in a Week: Will Bulls Persist?SUI has performed exceptionally well over the past seven days. On September 4, 2024, SUI was changing hands at around $0.78. Notably, SUI hit this price due to a bullish trend that started on September 3 after SuiPlay0x1 partnered with XOCIETY and DARKTIMES to give gamers on the SUI network an immersive experience.
This development saw SUI climb as high as $0.98 on September 8. Nonetheless, the buzz about this news faded, and SUI started correcting downward. By September 11, SUI had stabilized at around $0.88.
This price movement means SUI has gained 12% in a week. However, SUI’s 24-hour trading volume is down 29, indicating waning investor interest, which might spur losses for one of the top altcoins.
AAVE Surges 14% in a Week: More Gains Coming?Like SUI, AAVE has performed impressively over the past week. On September 4, 2024, AAVE was changing hands at around $130.38. Following days of range-bound trading, AAVE gained traction on September 9 after the Aave DAO launched a dedicated ether.fi market on the Aave network.
This news saw AAVE jump as high as $155.13 on September 11 before leveling off at around $149.08. Despite this correction, this price means AAVE has gained 14% in a week.
Moreover, the 24-hour AAVE trading volume is up 87%, indicating a strong buying force, which will likely sustain the current rally.
FXGuys Takes the DeFi Space by Storm, Outshines Other Altcoins!As top altcoins prepare for the next bull run, investors are actively searching for next-gen DeFi platforms to streamline their trading experience. This explains why FXGuys, a new Ethereum-based platform, is quickly gaining ground in the crypto market. FXGuys has caught investors’ attention because it seeks to build a hub to simplify trading.
Specifically, FXGuys aims to build an all-inclusive ecosystem that has a news portal, training and education academy, prop trading program, and a cutting-edge custom platform. Through this platform, FXGuys seeks to help investors trade a suite of altcoins and TradFi assets, including gold and oil.
Additionally, FXGuys aims to revolutionize DeFi trading through its funding program, which offers talented and ambitious traders up to $500,000 in capital. However, investors must first pass the challenge phase by showcasing their trading skills before joining the funding program.
On top of this, FXGuys features a Trade2Earn program, which rewards investors for every trade they complete. Interestingly, this program rewards investors in FXGuy’s utility token, $FXG, regardless of whether their trades are profitable. As such, traders with the highest trading volumes get more $FXG.
With the earned $FXG, investors can redeem multiple benefits, including lower profit targets and increased drawdown limits. It is worth noting that FXGuys splits all $FXG profits in a 20% to 80% ratio with investors.
The $FXG Presale Promises Enormous Returns!Apart from its revolutionary platform, FXGuys is causing a stir in the crypto market because of the $FXG presale. $FXG has captured investor interest because it has a maximum supply of 835 billion tokens. This limited supply positions $FXG for sustainable growth as the FXGuys platform continues growing.
Additionally, $FXG has stolen the limelight from top altcoins because Solken, a renowned blockchain security firm, audited its smart contract. This step helped verify that the token was safe to invest in.
As of September, $FXG was in the private sale round of its presale. Investors can now purchase $FXG at $0.015. Once $FXG starts Stage 1 of its presale at $0.030, Private Round investors will enjoy a 100% ROI. Amazingly, this ROI is set to increase to 566% when $FXG attains its launch price of $0.10.
Moreover, experts expect $FXG to pump further after launching on leading exchanges. This forecast explains why $FXG is one of the best altcoins to buy now!