The approval of XRP ETF is uncertain due to lawsuits between Ripple and the US SEC. On the other hand, FXGuys ($FXG), a new multi-asset trading platform, is gaining attention because of its innovative PropFi ecosystem.
Crypto market experts foresee $FXGs’ potential to surpass XRP as the best crypto investment, offering up to 50x returns.
But the main question is, what features make FXGuys a top competitor to established platforms like Ripple? Read on for the answer!
Ripple vs. SEC: Appeals Could Affect XRP ETF Approval
The battle between Ripple Labs and the US SEC has been ongoing since 2020. In July 2023, a judge ruled in favor of Ripple. However, the SEC appealed again, seeking to overturn this decision.
Again, Ripple filed a cross-appeal to protect its legal position. The outcome of the appeals could influence XRP ETF approval. Currently, the SEC has allowed ETFs only for Bitcoin and Ethereum.
However, the approval of an XRP ETF remains uncertain. Bitwise and Canary Capital have filed applications for spot XRP ETFs, but legal uncertainties continue to be a major barrier. Crypto news reports that there is a low chance of XRP ETF approval.
Crypto market experts say $FXG could become the best crypto investment and surpass XRP in the near future if uncertainty surrounds it. In mid-October 2024, XRP was trading around $0.55, with a decrease of 4% in the past month. XRP investors could flock towards $FXG due to its price stagnation.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
FXGuys’ PropFi Ecosystem Is the Future of Trading
While XRP ETF is pending, FXGuys is making headlines by merging the best elements of DeFi and TradFi. As a broker-backed platform, it offers real capital to traders. They can now participate in various markets, including cryptos, forex, indices, and commodities.
Market analysts report that as a PropFi ecosystem, FXGuys solves issues such as delayed payouts and limited capital access. One of the key attractions of FXGuys is its Trade2Earn model, which rewards users for their trading activity.
In addition, FXGuys allows traders to earn $FXG tokens for every trade they make. For instance, a trader executing multiple forex trades could accumulate tokens over time. And then, it can be exchanged for exclusive trading perks like reduced profit targets.
Through its Trader Funding Program, users can access up to $500,000 in trading capital. If you are a crypto trader with the best crypto investment strategy but limited funds, FXGuys can provide the capital you need.
Staking rewards are highly appealing to traders, and FXGuys has made sure to provide them to its investors. You can now stake your $FXG tokens on the platform and earn passive income.
Moreover, profits from trades are split favorably up to 80% to the trader. FXGuys’ staking mechanism allows token holders to earn passive income. You can receive a share of the platform’s trading profits up to 20%.
It pays in currencies of your choice. You can choose from crypto or fiats. Moreover, FXGuys has undergone rigorous audits by respected firms like SolidProof and Soken. These audits confirmed the platform’s reliability, giving investors confidence.
Moreover, FXGuys eliminates the hassle of lengthy KYC processes, allowing users to connect their wallets and start trading immediately. Experts say that the platform is flexible and easily accessible.
Best Crypto Investment Alert: Investors Rush to the $FXG Presale for 50x Gains
Currently, FXGuys is in Stage 1 of its presale, and $FXG tokens are available at $0.03 each. With over 100 million tokens sold and over $1 million raised, demand has been strong. Stage 1 investors stand to gain 33% as its price is set to rise to $0.04 in stage 3.
It is expected to offer 233% ROI by the end of presale after reaching $0.10. Market experts say $FXG is the best crypto investment for 2024. They say it can offer up to 50x return if $FXG gets listed on top CEXs.
Smart investors are joining this best crypto investment opportunity to bag the best gains in the coming bull run. This might be the crypto jackpot you’ve been waiting for!
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
