Fartcoin and Near Protocol May Not Stand a Chance Against This Explosive Altcoin
The Near Protocol (NEAR) price has declined since reaching the current cycle high of $9 in March 2024. After a failed upward movement that led to a lower high in December, NEAR has accelerated its rate of decrease since then. However, the price of a Fartcoin (FARTCOIN) remains down by 7.92% over the past seven days, per Coingecko.
With the current trend NEAR and FARTCOIN are displaying, they stand no chance against this explosive altcoin taking over the market; FXGuys ($FXG). FXGuys has maintained a strong steady uptrend in the market as its presale continues to attract investors' attention. The project has raised over $4 million in funding, positioning as the best blockchain ICO in the market.
Let's discover why Near Protocol and Fartcoin cannot stand FXGuys project.
Fartcoin (FARTCOIN): Witnessing Liquidation
Fartcoin has seen liquidation on various platforms such as Binance, OKX, and Bybit based on Coinglass data. On February 3, 2025, Binances short liquidation was $1.2m while the long liquidation was $1.7m.
The long liquidations have declined while long liquidation has recorded slight increase coming in at $4.7 million as opposed to $4.3 which was recorded in the number of short liquidations.
Specifically, the Fartcoin was at around $1.26 for the week and touched the highest point of $2.48 on January 19, 2025. Nevertheless, it has dropped considerably, and the last movements were observed around the level of $0.81. Besides this, there are changes in the open interest and trading volume where the open interest of Fartcoin futures is down by 10.74% while the trading volume is up by 61.59% implying short-term trading interest.
Near Protocol (NEAR): Downward Pressure Heightens
In November 2024, Near Protocol unveiled Intents; a procedure through which an operation executed between AI and the physical globe could take place. Currently, the NEAR Intents have recorded the following; 1300 plus wallets have done 12100 plus swaps using Intents. Although it has been launched and got good acceptance, the NEAR price has been a bit shaky in the year 2025 and has fallen from a crucial support.
The NEAR/USDT weekly chart indicates that the price has been restricted within a descending parallel channel since the 2024 high of $9 achieved in March. The current NEAR price is located at an important support line. Nonetheless, the price has formed a long-term descending impulse which might be over while simultaneously, it should recover the $3.80 horizontal region to confirm its reversal.
FXGuys ($FXG): Introducing A Beta platform
FXGuys has a great influence in the market and since its presale started, it has grown big. Due to such qualities, it is considered as the best trending altcoin with the provision of its staking services. Here, traders have an option to choose the amount of tokens they wish to stake. In this regard, when they stake it, they are enabled to earn a 20% percentage return on the token staked from the trading volume every year.
However, it cannot be denied that inclusion of its Trade2Earn programme has further enhanced it. With the program, FXGuys has positioned the firm as the most trending altcoin to invest in as it offers reasonable profits. In addition to that, the platform compensates the traders with the native tokens called $FXG in every trade they make, making the best DeFi crypto in the market.
Besides this, due to the fact that FXGuys does not charge users the buy and sell tax in any transactions, this blockchain ICO has become the most popular project. The presale has reached the stage 3 of fundraising where it has raised more than $4 million with the token priced at $0.05. That is why, at the present period of time, FXGuys offers Beta platform for the free trial on the prop home page.
Conclusion
The steady bullish trend of FXGuys has been great and the investors are capitalizing on the opportunity. It is possible to take advantage of the features that this best DeFi crypto project offers. So, to join the cryptocurrency, you have to visit the website and purchase the token in a large quantity.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
Text source: Bitrates.com Feed
