As the cryptocurrency market shows signs of a mild recovery, Ethereum (ETH) and Litecoin (LTC) are struggling to capitalize on the uptrend. With ETH suffering sell-offs from whales and LTC notable price fluctuations, both tokens remain stuck in the bearish trend.Amidst this struggle for market recovery, a new player has entered the crypto scene, attracting investors with its unique features and investment potential!<h2 id="header-0">Ethereum Bulls Left Out in the Cold as Whales Cash in</h2>Amid the general market recovery, Ethereum bulls have failed to join the trend. In the past 30 days, ETH has seen major price declines, dropping from <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">$2,814 to $2,330</a>. The primary factor behind this drop is the massive sell-offs by Ethereum whales.Between September 9 and 10, 2024, three large transactions were made to major exchanges like Binance and Coinbase. In the <a href="https://x.com/whale_alert/status/1833219971654046020?t&#61;aUuK6HByhOsi1833y_80kg&amp;s&#61;19" rel="noopener noreferrer nofollow">first</a> transaction, 39,999 ETH were sold, worth approximately $93.5 million. The <a href="https://x.com/whale_alert/status/1833301068807041210?t&#61;Rclval_UKhsfrzE_DEwUzQ&amp;s&#61;19" rel="noopener noreferrer nofollow">second</a> and <a href="https://x.com/whale_alert/status/1833330701380235587?t&#61;BLwEUQJqJwi9wvn2kDHdfg&amp;s&#61;19" rel="noopener noreferrer nofollow">third</a> saw 14,588 ETH and 10,000 ETH sold, valued at $34.2 million and $23.3 million, respectively.The transfers continued on September 11, with Whale Alert <a href="https://x.com/whale_alert/status/1833667420109648026?t&#61;-01MHY-laPEfN7XE7Y880g&amp;s&#61;19" rel="noopener noreferrer nofollow">reporting</a> that 14,588 ETH, worth around $34.7 million, was sent from an unknown wallet to Coinbase. A <a href="https://x.com/whale_alert/status/1833748140333166794?t&#61;GHMnyyM-F_OHA1JDZWtw8A&amp;s&#61;19" rel="noopener noreferrer nofollow">second</a> transfer of 14,588 ETH, valued at approximately $33.8 million, was also made to Coinbase from another unidentified wallet. Collectively, these sales total 93,763 ETH, valued at approximately $219.5 million.Despite the broader market recovery, with whales selling their ETH tokens, market analysts are skeptical about a price recovery for the token any time soon.<h2 id="header-1">LTC Price: A Rollercoaster Ride Continues Amid Market Recovery</h2>Litecoin has always seen its share of price struggles in the past few weeks. Between August 11 and September 11, 2024, LTC has seen major <a href="https://coinmarketcap.com/currencies/litecoin/" rel="noopener noreferrer nofollow">price fluctuations</a>, reaching a high of $68.22 and crashing to a low of $60.46. This struggle amid market recovery comes despite the recent purchase of 10,000 LTC by Grayscale.On September 4, crypto commentator Bamboo <a href="https://x.com/papablox13/status/1831270395657257171" rel="noopener noreferrer nofollow">revealed</a> that Grayscale has added 10,000 LTC to its portfolio, bringing its total holdings to 1.86 million LTC, valued at approximately $122 million. This development was expected to significantly boost the price of LTC.Following the news, LTC saw an 8% price increase, rising from <a href="https://coinmarketcap.com/currencies/litecoin/" rel="noopener noreferrer nofollow">$62.81 to $68.31</a>. However, the altcoin quickly fell back to the $60 price level, showing significant volatility.Given LTC’s price performance in recent weeks, analysts remain pessimistic, with price projections for Litecoin showing a lingering struggle between the $60 and $68 mark in the coming weeks.<h2 id="header-2">New Token Attracts Investors: Is It the Next Big Crypto Gem?</h2>As Ethereum and Litecoin continue to lag in the current mild market recovery, investors are increasingly turning their attention to a promising new token, <a href="https://fxguys.io/?utm_source&#61;Publication&amp;utm_medium&#61;Article&amp;utm_campaign&#61;Private&amp;utm_content&#61;274" rel="noopener noreferrer nofollow">FXGuys</a>. This decentralized forex trading ecosystem is rapidly gaining traction, offering a blend of real-world utility and compelling investment opportunities.With its unique combination of a decentralized brokerage, advanced analytics, and a prop firm funding program, FXGuys provides up to $200,000 in trading capital to skilled traders. Traders can also earn $FXG tokens through the Trade2Earn program. These tokens can be used to pay for platform fees or to purchase trading challenges, adding tangible utility to their investment.With a total supply of 835 billion tokens on the Ethereum blockchain, $FXG is structured to support a vibrant and growing ecosystem. Key features such as no buy or sell tax, locked liquidity, and a robust staking program, have also been put in place to foster demand and value appreciation.$FXG is currently in its private presale phase, generating significant buzz due to its attractive tokenomics and early investment opportunities.The token is currently selling at $0.015; the lowest it will ever be! So far, over 30 million tokens have been sold as investors rush to take advantage of the presale gains amid a broader market recovery.<a href="https://fxguys.io/?utm_source&#61;Publication&amp;utm_medium&#61;Article&amp;utm_campaign&#61;Private&amp;utm_content&#61;274" rel="noopener noreferrer nofollow">&gt;&gt;&gt; JOIN FXGuys PRESALE &lt;&lt;&lt;</a><h2 id="header-3">Emerging Crypto Gem: FXGuys Token Set for Massive Gains!</h2>As the <a href="https://fxguys.io/?utm_source&#61;Publication&amp;utm_medium&#61;Article&amp;utm_campaign&#61;Private&amp;utm_content&#61;274" rel="noopener noreferrer nofollow">$FXG presale</a> progresses, the tokens&#39; price is set to increase with each stage. Projected to launch on major exchanges at the price of $0.10, early investors stand to gain a whopping 566% ROI from the presale alone.Looking ahead, market experts are optimistic about the performance of the $FXG price post-launch due to the platform&#39;s integration of DeFi principles, tokenomics, and real-world trading applications. Price projections suggest a potential 100x price increase.With the token already showing potential for significant gains at its early-stage prices, $FXG presents a compelling opportunity for investors looking to capitalize on the next big trend in crypto as market recovery continues.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeeY3uSCr8HsgE5TPwC870_cs6cJan1gKsVRKf8nq4rXXn-BhQA5WR3v82h4Df3xGOPOElM-E306HMGS1z00nwi3_iwLcO774FacttlVRsi_Sh-uJ0JlWd0wlHUNeyTwp41GVL9IiIGcFiAdVHWStjX225G?key&#61;TEcxNPNe6x09JuqEGm2sVg" /><a href="https://fxguys.io/?utm_source&#61;Publication&amp;utm_medium&#61;Article&amp;utm_campaign&#61;Private&amp;utm_content&#61;274" rel="noopener noreferrer nofollow">Visit FXGuysPresale </a><a href="https://t.me/fxguysio" rel="noopener noreferrer nofollow">Join The $FXG Community</a>

Ethereum And Litecoin Still Lagging Behind In Mild Market Recovery, Here’s The Token Investors Are Buying Instead

Table of Contents

BTCWire

Other articles published on Sep 16, 2024

Anticipate Dogecoin’s Price Shift as Bitcoin Gains Momentum

BNB Chain’s improving fundamentals and use cases beyond DeFi support BNB run to $600

Bitcoins $107,558 by December 2024 and January 2025, Analyst’s Forecast Ignites Bullish Sentiment...

Crypto Enthusiasts Gather in Detroit to Influence Political Landscape

Ripple CEO Breaks Silence on Grayscale XRP Trust, Shares Key Prediction

Gold Price to $3,000? Top Analyst Doubles Down On Massive Surge

Join our free newsletter for daily crypto updates!