With ‘Uptober’ working its magic in cryptoverse, analysts expect big-ticket gains over the next few weeks. Coins like Compound ($COMP), Stellar ($XLM), and FXGuys ($FXG) are leading the charge with their surging prices.
October is often referred to as ‘Uptober’ by crypto enthusiasts as the month has seen historic gains over the past many years.
While Compound is a crypto borrowing protocol, Stellar is a developer-friendly blockchain for designing dApps. FXGuys is a top altcoin that offers crypto-based proprietary trading services. $FXG has gained a lot of traction after its presale success.
With USPs like no KYC, easy access to capital, and exclusive rewards, FXGuys has gained an edge over several big names.
Compound Finance releases new staking product
Compound Finance is a DeFi protocol that allows you to borrow against cryptocurrencies as collateral. If you have excess funds, you can also supply liquidity and earn interest on the loaned funds. All transactions are conducted in terms of $COMP which also works as Compound Finance’s native token. $COMP is currently trading at the $43 price level and could rise in the next few weeks.
All key changes in the Compound Protocol are made with the approval of token holders. Following a decentralized structure, $COMP holders can propose changes, vote for them, and implement them.
In a recent development, Compound Finance said it has released a new staking product. The product launch would set aside 30% of Compound Finance’s market reserves for token holders.
Stellar comes up with a composable data platform
Considered among the best cryptos of 2024, Stellar is a public blockchain offering Web 3.0 tools. Stellar’s solutions offer a high degree of scalability, productivity, and security for dApps.
The $XLM token is the only mode of payment within the Stellar ecosystem. All transactions are authenticated with the Proof-of-Authority algorithm. Stellar also has lower energy consumption than other networks. $XLM is available at $0.09 and is displaying signs of resurgence. Long-term holders are waiting patiently for a bullish rally. Stellar token could rebound in the future as it has strong partnerships and loyal community support.
Stellar expanded its ecosystem recently by launching a composable data platform. The new offering will improve data access for Stellar users. The platform would enable Stellar to support different kinds of applications.
FXGuys: A growth platform for budding traders
FXGuys goes beyond the average cryptocurrency utilities and helps you boost your generational wealth. FXGuys ensures a high level of security for your assets. With smart contracts reviewed by Soken and SolidProof, you don’t have to worry about the safety of your assets.
FXGuys is designed as a custom trading platform that is backed by multiple liquidity providers. The native coin $FXG has a supply of 835 million which is distributed between different use cases. The highest share has been allotted to public sales.
The remaining $FXG tokens would be used for paying stakers, legal experts, marketing campaigns, and team members.
If you are interested in checking out $FXG, just head over to the FXGuys presale. You can buy the token at US$0.03 and even avail a limited-time discount of 10% on the purchase.
FXGuys is the best new ICO of 2024. The presale has seen a lot of success and more than 76 million tokens have been sold already.
With a trader funding program, FXGuys provides aspiring traders with ready access to capital. Using the funds, you can design a strategy, choose the asset you want to invest in, and see your hard work reap rewards.
The earnings from the trade will be divided between you and the FXGuys team. You will pay the team 20% and keep the rest.
FXGuys also provides a wide array of resources for guidance. The analytics dashboard leverages AI to display insightful stats. You can even track your progress and the market sentiment on the dashboard.
Various risk management tools save you from careless mistakes and make well-informed decisions. Presale tokens can provide huge returns in the long term. Check out the FXGuys presale and start accumulating if you are looking for a high-growth cryptocurrency.
FXGuys: Building a DeFi-led future for prop trading
FXGuys has effortlessly trumped many new altcoins to assert its dominance over the market. $FXG’s presale success is a curtain-raiser to a potentially eventful inning.
FXGuys has come up with a user-centric model. There is a dedicated customer service team for your help. Daily rewards are given away to all traders on FXGuys. You can also participate in simulated trading challenges to hone your skills.
If you are looking to add 2024’s best crypto to your portfolio, head over to FXGuys presale now!
To find out more about FXGuys follow the links below:Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:USE PROP10 FOR 10% BONUS
The post Here’s Why Compound (COMP), Stellar (XLM), and FXGuys (FXG) Are Popular with Investors in Uptober 2024 appeared first on CoinChapter.
