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Rexas Finance presale skyrockets to new heights, steals the hype from Toncoin and Tron

Published

1 week ago

September 11, 2024

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In an increasingly crowded cryptocurrency landscape, a few projects are rising to the top, capturing the imagination and capital of investors. One such project is Rexas Finance (RXS), whose presale has seen an incredible surge in interest and investment, making waves across the crypto community. While big names like Toncoin (TON) and Tron (TRX) have long enjoyed their moments in the spotlight, it seems Rexas Finance is now stealing the hype. Thanks to its unique approach to real-world asset (RWA) tokenization, Rexas Finance is quickly becoming a favorite among investors looking for a project with real-world utility and long-term growth potential.

The Rise of Rexas Finance

Rexas Finance has differentiated itself from many of the other projects in the crypto space by addressing real-world problems rather than focusing solely on speculative gains. Its platform allows users to tokenize real-world assets such as real estate, commodities, art, and intellectual property, making these typically illiquid assets more accessible and tradable. Tokenization breaks down large, valuable assets into smaller digital units, or tokens, which can be bought, sold, or traded on the blockchain. This opens up previously inaccessible investment opportunities to a much broader audience. Traditionally, only institutional investors or wealthy individuals could afford to invest in high-value assets like commercial real estate or fine art. With Rexas Finance, investors can now own fractional shares of these assets, giving them a chance to participate in markets that were previously out of reach.

Why Rexas Finance is Gaining Traction

The concept of real-world asset (RWA) tokenization is not entirely new, but Rexas Finance stands out due to its seamless, user-friendly platform and the security that blockchain technology offers. Investors are drawn to the project because of its practical applications in the real world. Unlike many projects that are built purely on speculation, Rexas Finance is focused on solving real-world problems, which gives it staying power in the volatile crypto market.

Here are some key factors contributing to Rexas Finance’s skyrocketing success in its presale phase:

At the heart of Rexas Finance’s appeal is its ability to tokenize real-world assets, making it possible for people to own fractional shares of valuable assets. Whether it’s real estate, gold, or fine art, Rexas Finance is opening the doors to a broader pool of investors, providing liquidity to traditionally illiquid markets. This ability to solve tangible problems in asset accessibility and liquidity is something many other cryptocurrencies, including Toncoin and Tron, simply don’t offer.

Investor Confidence in RWA Tokenization

The global market for real-world assets is enormous, with real estate alone valued at over $379 trillion. Even tokenizing a fraction of this market could unlock trillions of dollars in value. Investors see this as a major opportunity, and Rexas Finance is positioning itself as a leader in this space. With blockchain technology providing security and transparency, investors are confident that Rexas Finance’s platform will deliver on its promises.

The momentum of Rexas Finance’s presale has been nothing short of remarkable. Raising over $200,000 on its first day, the presale has already caught the attention of both retail and institutional investors. With RXS tokens priced at $0.03 in the initial phase, early investors have the potential to see significant returns, with the token price set to rise in subsequent stages of the presale. The projected price of $0.20 by the end of the presale represents a 566% increase, creating a sense of urgency among those looking to get in on the ground floor.

Rexas Finance has developed a robust tokenomics model that incentivizes early participation while ensuring long-term growth. With a total supply of 1 billion RXS tokens, 42.5% is allocated for the presale, giving investors a significant opportunity to enter at a favorable price. Additionally, 22.5% of tokens are reserved for staking, encouraging long-term holding and contributing to the stability and sustainability of the project.

Focus on Security and Transparency

Rexas Finance is not just about accessibility; it’s also about security. By leveraging blockchain technology, the platform ensures that all transactions are transparent and secure. The use of smart contracts adds an additional layer of trust, as all trades and transactions are executed automatically, reducing the risk of human error or fraud. This focus on security gives investors peace of mind, something that’s often missing in more speculative crypto projects.

Rexas Finance Steals the Hype from Toncoin and Tron

While Toncoin (TON) and Tron (TRX) have long been popular among crypto investors, their focus has been primarily on decentralized applications (dApps) and blockchain infrastructure. Toncoin, initially developed by the Telegram team, focuses on enabling decentralized communications and services. Meanwhile, Tron has positioned itself as a competitor to Ethereum by building a high-performance blockchain for dApps and smart contracts.

However, both of these projects lack the real-world applicability that Rexas Finance brings to the table. While Toncoin and Tron are respected for their technological innovations, they do not provide the same tangible benefits to everyday investors that Rexas Finance does through real-world asset tokenization. This distinction has allowed Rexas Finance to capture a significant portion of the crypto market’s attention, stealing the hype from these well-known projects.

The Future of Rexas Finance

With the crypto market evolving and investors looking for projects with real-world applications, Rexas Finance is well-positioned for sustained growth. The platform’s ability to tokenize real-world assets not only democratizes investment but also brings much-needed liquidity to traditionally illiquid markets. As more people recognize the potential of RWA tokenization, Rexas Finance could become a dominant player in this emerging sector.

As the presale progresses and Rexas Finance continues to hit new milestones, the project is set to rise even further in prominence. For investors looking for the next big opportunity, RXS offers both short-term gains through the presale and long-term growth potential as it disrupts the world of asset management.

Conclusion

Rexas Finance (RXS) is rapidly gaining momentum, appealing to investors with its unique approach to real-world asset tokenization. While well-established projects like Toncoin (TON) and Tron (TRX) have their strengths, Rexas Finance is stealing the spotlight by offering tangible solutions that appeal to both retail and institutional investors. With a strong presale performance, real-world utility, and a well-thought-out tokenomics model, Rexas Finance is set to become a major player in the crypto space, offering investors the chance to be part of something truly revolutionary.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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Market

How Fed Rate Cut Could Help LINK

Published

5 mins ago

September 19, 2024

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Chainlink’s (LINK) price has risen above $11 following the recent Fed rate cut. This increase has ignited fresh speculation about the coin’s short-term outlook.

In this analysis, BeInCrypto examines the factors contributing to the hike, the potential implications of the rate cut, and what traders can expect from LINK.

Chainlink Key Drivers Want More

According to Santiment, alongside the recent rate cut, Chainlink’s 90-day Mean Coin Age (MCA) has risen. The MCA reflects the average age of tokens in circulation, with a low MCA suggesting that previously inactive tokens are being moved from cold wallets, potentially leading to a sell-off and putting downward pressure on the price.

Conversely, a rising MCA indicates that investors are holding onto their tokens and engaging less in trading activity, often signaling a long-term hold strategy. In Chainlink’s case, the spike in the MCA suggests that many investors are choosing to keep their LINK tokens dormant or moving them into self-custody, reducing selling pressure.

Chainlink 90-Day Mean Coin Age. Source: Santiment

Beyond the rising coin age, the 4-hour LINK/USD chart reveals a surge in the Cumulative Volume Delta (CVD), a key indicator of market sentiment. Each bar on the CVD shows whether the market is dominated by buying or selling activity. Red bars signal selling pressure, which could drive the price down.

In LINK’s case, the chart shows five consecutive green bars, indicating sustained buying pressure. This suggests that the market’s demand for LINK is growing, potentially supporting the continuation of its uptrend.

Chainlink Cumulative Volume Delta. Source: TradingView

LINK Price Prediction: Further Gains

The daily chart shows that Chainlink is holding strong at the $10.02 support level, which played a key role in its recent breakout above the $10.83 resistance. Currently, LINK is trading at $11.30, with no significant resistance in sight to halt the uptrend.

Using Fibonacci retracement levels to assess potential price targets, LINK’s next likely move could take it to $11.86, corresponding to the 38.2% Fibonacci level. If it breaks past this point, the next target could be around $12.98, a level that appears within reach given the current momentum.

Chainlink Daily Analysis. Source: TradingView

However, the cryptocurrency could experience a pullback if it fails to surpass $11.86. If that happens, LINK might drop to $9.25.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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Market

Will Notcoin Price Break This Key Resistance?

Published

1 hour ago

September 19, 2024

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Like other altcoins in the market, Notcoin (NOT) has seen a price increase in the last 24 hours. Within the period mentioned, NOT has jumped by 8% while its volume has surged 85%, indicating growing interest in the Telegram coin.

With market volatility at a high level, Notcoin faces a crucial momentum that could determine its short-term movement. If NOT fails to break through this key resistance, it risks facing a significant correction that may send its price tumbling.

Notcoin Encounters Challenges

Notcoin is currently trading at $0.0078, still 73% below its all-time high. Despite recent gains in price and volume, which suggest a potential rally, the 4-hour analysis indicates the token could face challenges as it targets $0.011.

The 4-hour chart shows that Notcoin is working its way toward $0.0080, but this level has previously acted as resistance, where the coin faced rejection. If Notcoin fails to break above this price level, it could see a 10% correction. In this case, its value might drop to $0.0072.

Read more: 5 Top Notcoin Wallets in 2024

Notcoin 4-Hour Analysis. Source: TradingView

An evaluation of Notcoin on the daily timeframe shows its Relative Strength Index (RSI) remains below the neutral 50.00 mark. The RSI is a momentum indicator that tracks the speed and size of price changes.

If the RSI moves above the midpoint, it signals bullish momentum and a potential price increase. Conversely, a decline in the RSI suggests weakening momentum.

For Notcoin, the RSI is rising but still below the signal line, indicating the uptrend is uncertain. The token’s upward movement will likely remain shaky unless bulls apply more pressure to push the price higher.

Notcoin Relative Strength Index. Source: TradingView

NOT Price Prediction: Rally Could Stop

Furthermore, the Fibonacci retracement indicator provides insights into NOT’s next movement. From a short-term perspective, bulls might try to break above $0.0085. However, around the same region, Notcoin began a decline that pulled it down to $0.0072 on September 6.

As such, that region is a supply zone that requires notable buying pressure to surpass. Currently, it does not appear that Notcoin has the notable capital flow to keep the upswing going.

Notcoin Daily Price Analysis. — Notcoin Daily Analysis. Source: TradingView

In a highly bearish scenario, Notcoin’s price could drop to $0.0072 and possibly as low as $0.0069. On the other hand, if the token manages to break above the $0.0080 and $0.0085 resistance levels, it could potentially surge to $0.011.

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Why 2024 Altcoin Season Could Fuel a Rally in These 6 Tokens

Published

2 hours ago

September 19, 2024

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Crypto investors and analysts support that the 2024 altcoin season may have just started, drawing signals from multiple fundamentals, including Bitcoin’s (BTC) sustained foray above $63,000.

The optimism comes after the Federal Open Market Committee (FOMC) decided a 50 basis points interest rate cut in September, suggesting the US economy is in a good place.

Crypto Banter Founder Highlights Tokens Primed for Altcoins

Crypto Banter, a popular YouTube channel with over 1.08 million subscribers, says the 2024 altcoin season is beginning. Its founder, Ran Neuner, cites the Federal Reserve’s (Fed) interest cut on Wednesday, increasing global liquidity and the all-time high seen in the money market funds. With this, he lists six tokens that are best positioned to rally if the altcoin season takes off.

SUI

The analyst starts by highlighting Sui (SUI) as a standout token, noting its rising prominence in the market, even posing a threat to Solana (SOL). SUI has been making headlines with major partnerships, including Circle’s USDC integration. Grayscale also recently launched a Sui Trust, which has driven a significant increase in both price and trading volume.

Ran Neuner believes these strong fundamentals position SUI for success in the short term, especially if an altcoin season unfolds.

FTM

The analyst also highlights Fantom (FTM) as a promising altcoin, noting its strong price performance. FTM has gained attention after recent internal developments, including the rebrand to Sonic Labs in August.

The rebrand has sparked renewed investor interest, positioning Fantom for further growth. Sonic Labs is building on this momentum with the launch of Sonic Gateway, a decentralized bridge that enables secure ERC-20 token transfers between Ethereum and Sonic.

This development has provided a boost for FTM, which has risen by 10% since the Thursday session began, trading at $0.33, according to BeInCrypto data.

IMX

ImmutableX (IMX) is also on Crypto Banter’s list of altcoins poised to rally on a possible alt season. The gaming token has broken above a falling wedge pattern, effectively confirming a reversal. Based on this breakout, analysts expect a bullish wave.

IMX Price Performance — IMX/USDT 2-day chart, Source: TradingView

AERO

The portfolio rebalancing also considers Aerodrome (AERO), as the central trading and liquidity marketplace continues to thrive on Base L2. The underlying fundamental for AERO is Aerodrome’s MetaDEX model, which combines the best aspects of previous decentralized exchange market leaders.

“When we assess Aerodrome’s implied outcomes through a model, it’s evident that token inflation, in itself, is not inherently bad. Instead, emissions are just one input into an economic model—a cost that can be managed and overcome,” a DeFi researcher echoed.

SOL

If the assumption proves accurate, Solana (SOL) may be gearing up for a strong rally, given its history of delivering impressive gains during altcoin market surges. Solana has often outperformed when broader altcoin momentum picks up, making it a key player to watch.

Currently, SOL is trading at $141.53, marking a 10% increase in the last 24 hours, according to BeInCrypto data.

OM

MANTRA (OM) earns a spot on the analyst’s list due to the upcoming launch of its mainnet in October. This event is expected to be a major milestone for the project, as it will bring real-world assets (RWA) on-chain. The mainnet launch will be a crucial step in integrating traditional finance (TradFi) into the blockchain ecosystem, creating new opportunities for MANTRA’s growth.

Ran Neuner also highlighted several other tokens that could see strong rallies, including Arweave (ARV), THORChain (RUNE), Render (RNDR), Crown by Third Time Games (CROWN), and SuperVerse (SUPER). These tokens have posted steady, conservative gains despite recent market uncertainty, positioning them for larger increases if an altcoin season takes off.

However, Neuner advises investors to keep an eye on the Bank of Japan’s (BOJ) CPI and interest rate decision on Friday. He warns that if the BOJ raises rates, it could disrupt the current rally, potentially leading to a market reversal. On the other hand, if the BOJ cuts interest rates, it could reinforce the ongoing upward momentum.

“Don’t get overconfident. We need good CPI out of Japan tomorrow and for BOJ not to raise rates on Friday. September still has some potential liquidity drains so don’t lever up to the gills, just 8 more days until it is really up only,” GamesMasterFlex wrote.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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