While Sui (SUI) and Solana (SOL) have emerged as profitable investment options for investors across all levels of expertise due to their historical performances, experts have identified a fresh prospect that newbies could especially benefit from.
The new find is a TradFi project named FX Guys ($FXG), which experts believe could lead cryptocurrency trading for beginners as a proprietary finance platform hosting several asset classes.
Let’s find out why these top crypto coins are the best crypto investments for beginners!
SUI Chart Hints at an Accumulation Opportunity: Good Crypto To Buy?
SUI has recorded notable surges in recent times, leading to a 400% increase between August and October 2024. However, this growth streak is gradually being replaced by intermittent declines, which has seen the asset shed 30% of its value, dropping from $2.36 to $1.69.
Despite the drops, LAXMAN, a crypto expert, believes a window of opportunity might be available to accumulate SUI at a cheap rate ahead of the next leg up. Taking to X on October 28, LAXMAN noted that timing is very important when investing, and SUI is a prime example to consider.
Some weeks ago, SUI was named SOL Killer because of its impressive performance and continuous growth. Today, the coin is down at least 30% from its monthly high.
However, this plunge is no reason for alarm as an opportunity might exist for those who missed the first round to capture significant gains during the second SUI run. At present, SUI trades for $1.69, with a 2.83% intraday loss.
Solana is Set For a 15% Spike Before Month-End After Surpassing Ethereum’s DEX Volume
Solana users are bullish on SOL after a recent report revealed that the network’s DEX volume exceeded that of Ethereum. One factor that has contributed immensely to Solana’s growth is the resurgence of meme coins on the network.
Despite these developments, SOL’s price remains held in a near static pose, dangling within the same range. However, the recent developments coupled with SOL’s consolidating price action have sparked speculation of an impending ascent to $200.
SOL attempted to break through the $180 resistance level, but the bulls encountered pushback, leading to a price reversal. However, the asset’s maintenance of a level above $170 guarantees a possible rebound.
First, SOL needs to conquer the $178 price level before it can take $180. The Ethereum Killer currently trades at $176.38, down 0.29% in the last 24 hours.
FX Guys: Best Platform For Beginners Learning How to Trade Cryptocurrency
Newbies in the crypto space no longer need to worry about how to trade cryptocurrencies or make the best investment decision, as FXGuys aims to alleviate these concerns with its remarkable proprietary finance firm.
FX Guys offers a unique medium to approach crypto trading, which involves empowering investors and traders with the resources required to succeed. These tools will come in handy in learning how to trade cryptocurrency better.
Some of these resources include analytic and trading tools, which can be accessed on third-party platforms like MT5, cTrader, Match-Trader, and DXtrade, depending on geographical locations.
Also, the FX Guys’ trader-focused agendas, such as the Trader Funding Program and the Trade2Earn scheme, are crucial in catapulting users into the success zone.
For instance, The FXGuys Trader Funding Program is a feature designed to equip skillful traders with the funds needed to participate in the broader financial market. With up to $500,000 in funding, traders can trade stocks, cryptocurrencies, FX, and indices without risking personal funds.
Profits will be shared 80/20 between the trader and the firm, where the former scoops the lion’s share of the returns realized.
So that newbie traders are not left behind, they will have access to educational materials on trading, and support will be provided to ease the learning curve.
Every trade taken, profitable or not, will be incentivized with $FXG tokens by the FXGuys platform to not only encourage participation in the ecosystem but also open the door to future opportunities and giveaways.
These tokens can be staked to generate steady passive income regardless of market conditions, such as a 20% share of the annual revenue generated by the firm estimated according to each user’s stake in the staking pool.
$FXG Outshines SUI And SOL Amid Its Presale: Best Crypto Investment for Beginners?
As crypto beginners drift towards FX Guys for a pleasant trading experience, its native token, $FXG, is expected to witness increased adoption. Growing adoption is indicative of a price surge from which investors are bound to benefit substantially.
$FXG is in Stage 1 of its public presale, selling at a market price of $0.03 per token. This low price presents a chance for early buyers to amass up to 233% ROI in the coming weeks.
While top crypto coins like SUI and SOL appear poised for a rally, $FXG is predicted to lead this rally the same way FX Guys will facilitate cryptocurrency trading for newbies. This makes $FXG one of the best crypto investments for beginners in 2024.
To find out more about FX Guys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
The post Top Crypto Coins for Beginner Investors – Why FX Guys Is Predicted to Lead in Cryptocurrency Trading for Beginners? appeared first on Blockonomi.
