We witnessed Bitcoin’s (BTC) push above $73,000 a few days ago. This bullish move is rumored to be the beginning of the highly anticipated bull run. Despite this optimism, an upcoming release of tokens worth over $2 billion might change things. These tokens have been vested to avoid price dumps, and their release could trigger a sharp market decline.
While some tokens have already responded to the bearish sentiment, investors continue to rally behind FXGuys ($FXG). This is thanks to its innovative DeFi offerings, which also triggered the boom of its ongoing presale. The performance of the presale tokens has sparked optimism for life-changing gains from early investors.
Let’s explore current market conditions and why $FXG is perfect for investing.
Upcoming Long-Awaited Token Release Triggers Bearish Fears
According to the popular data tracker Tokenomist, over $2.68 billion worth of crypto tokens will be unlocked into the market this month. Many investors have been patiently waiting for this release for months, and news of it has also sparked notions of upcoming bearish reactions.
Memecoin (MEME), Aptos (APT), Optimism (OPT), and Avalanche (AVAX) are among the projects that plan to release tokens. Memecoin is set to release MEME tokens worth $37 million through an airdrop and $117,000 through a linear release for contributors. For Aptos, the figure sits at over $170 million in APT tokens split among its foundation, community, contributors, and investors.
In the same vein, Avalanche plans to unlock AVAX tokens worth $39 million for its foundation. Optimism’s release is slightly higher at $44 million to its core contributors and investors. Since the release is going to be one of the biggest ever, prices for tokens like ARB have started declining, pushing investors to stay bullish on other trending altcoins.
FXGuys ($FXG) Records Massive Support Thanks To Offerings And High Potential Presale Token
Since FX Guys launched the first stage of the $FXG presale, investors have been buying up the presale tokens, drawing the attention of whale investors. FXGuys is a prop firm that has incorporated DeFi properties into its offerings. If investors take advantage of the presale tokens, these multifaceted benefits could make them rich.
For starters, traders with little or no capital can use the $FXG token to access an account of up to $500,000. Trades taken on the account will also be rewarding, as FXGuys plans to gift $FXG to traders whenever they open trading positions. What makes FXGuys the best crypto to buy today is that traders keep 80% of the profits on the account.
The FX Guys is so rich with life-changing offerings that they even included APY staking benefits and 20% revenue-sharing for stakers. To access these benefits, investors must own $FXG tokens first, so the presale tokens are on sale for just $0.03. By the time $FXG lists on exchanges, it’ll be worth $0.1, making this the perfect time to own one of the most trending altcoins this quarter.
Conclusion
Although we’re expected to see a bearish correction after the upcoming token unlocks, The FXGuys is one of many opportunities to profit before the bull run starts. The token’s innovation, combined with lucrative offerings through DeFi and TradFi, confirms its potential to become a crypto giant soon. Getting in early on projects like this can yield massive gains, which is why the presale tokens are the best crypto to buy today.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
