The rising popularity, value, and activity in the crypto market have made cryptocurrencies an alternative investment path to earn passive income. Staking crypto is one of the best ways to earn residual income from a single investment. A new token, FXGuys ($FXG), is set to offer higher staking returns than Ethereum (ETH) and Avalanche (AVAX), causing massive interest.
Dive into $FXG, ETH, and AVAX staking programs.
FXGuys Offers Passive Income Opportunities For Presale Stage Investors
FXGuys presents a new model of fintech and trading platforms. Combining DeFi, TradFi, and PropFi, FXGuys rallies a trading community into a blockchain network that attracts talented traders and makes sure they are sufficiently funded to trade and later share their profits with their benefactors.
Besides this unique angle it brings to trading, FXGuys has a staking program open to platform investors, traders, and crypto enthusiasts. Staking $FXG gives you governance rights and opens doors to making passive income from its set-aside staking rewards.
Moreover, as a trading platform, FXGuys offers traders the opportunity to earn by trading in the most liquid assets. FXGuys carries over 120,000 tradable assets, further intensifying passive income earning for its investors.
That’s not it. FXGuys is currently at the center of attention for the ongoing presale of its $FXG token. But more on that later!
Ethereum Investors in Search of Passive Income Cause a Spike in Staked Tokens
Early 2024 saw ETH investors stake up to 30% of circulating Ethereum tokens, seeking to earn passive income from their impressive staking results. Staking allows investors to hold their crypto assets in a profit-making account, given that they derive significant yields from prominent tokens such as ETH.
Besides earning passive income, Ethereum’s founder Vitalik Buterin encouraged solo ETH staking by emphasizing how it helps boost the network’s security. Solo staking on the Ethereum network aids security, privacy, and decentralization, in addition to providing attractive 3.7% yields to ETH stakers.
With the large number of ETH tokens and other market factors staked, Ethereum’s price has continued to rise.
From September 14 to September 23, its price jumped from $2,295 to $2,701, accompanied by a surge in market capitalization from $281 billion to $318 billion. Ongoing bullish market sentiment for Ethereum causes experts to predict a price rise to $2,900 by the end of Q4.
Avalanche Stands Out With Impressive Staking Numbers
AVAX is one of the most staked cryptocurrencies, with over 55% of its total circulating tokens locked up. With staking yields reaching up to 4.47%, crypto investors are encouraged to lock up their Avalanche tokens to earn passive income instead of selling. Moreover, Avalanche staking attracts investors for its two-week minimum lock-up period.
Besides earning passive income for staking AVAX, investors have validation rights. Validating Avalanche network transactions earns these investors additional rewards, depending on the AVAX tokens staked and confirmed transactions.
Furthermore, Avalanche remains a popular token with high demand. Between September 17 and September 23, 2024, AVAX price spiked from $23.52 to $28.14 following announcements of its recent upgrades and network partnerships.
With market analysis indicating a bullish flag, experts predict a continued price rise to $35 by the end of 2024.
The $FXG Presale Promises Massive Profits to Early Investors
$FXG is the best token to buy now for crypto investors looking for passive income. With a productive staking program, price discounts, and significant anticipated profits, getting into the $FXG public presale is a smart money move.
With its price at $0.03 in Stage 1 of its public presale, $FXG promises its buyers a 233% jump to $0.10 by launch. Furthermore, considering its ecosystem, we are confident of its future performance once it joins the crypto market.
If crypto investing is your path to financial freedom, jump into the $FXG public presale now as Stage 1 gets halfway through.
Website | Whitepaper | Socials | Audit
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.