Cryptocurrency: 2 Coins to Dump Now and 2 to Accumulate Before It's Too late

October 7, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

There is always new development happening in the cryptocurrency industry, where some coins are virtually dead, and others are on the verge of shooting up. Regardless of whether you’re well into digital currency or a beginner, it is vital to make reasonable steps to get optimal possibilities from your portfolio. Going forward into 2024, two coins are rallying more, while two others present enticing opportunities for accumulation. With that, let us examine why it would be wise to let go of XRP and Cardano and purchase Rexas Finance and Solana before they are hopelessly out of reach.

Coins to Dump: XRP and Cardano (ADA)

Ripple (XRP)

What was once gold dust has turned into a legal battle between XRP and the SEC. This particular case with the SEC has been ongoing for a few years, creating an atmosphere of uncertainty regarding Ripple’s prospects. XRP has witnessed considerable limitations due to internal system issues. Even though some new opportunities seem to be emerging, we don’t expect XRP to experience skyward growth. XRP’s state is best described as regulatory overload, and with no clear end in sight, many people expect XRP’s growth to remain minimal.There is always the possibility of a legal victory, but the crypto space moves very fast, meaning your portfolio should too. XRP carries baggage while other blockchain projects are moving ahead with creativity. In this regard, now may be the moment to exit before its value stagnates further.

Cardano (ADA)

At one point, Cardano (ADA) was regarded as the best Ethereum rival, even reaching the third spot among the crypto giants. However, the ADA project was, and remains, a trade – every trade faces new competitors – more advanced, faster, and more innovative. ADA has now fallen by 40% since the beginning of 2024, which is alarming for a coin that once had such strong supporters.Even if Cardano’s developers manage to launch advanced hard forks such as Vasil and Chang, these may not be enough to revive investor confidence. Meanwhile, projects like Solana and Rexas Finance are moving forward with speed, blockchain efficiency, and new financial models. If you are holding ADA, now may be the time to reconsider, as the race seems to be leaving it behind.

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Coins to Accumulate: Rexas Finance and Solana (SOL)

Rexas Finance (RXS)

How can one explain the buzz around Rexas Finance (RXS)? This technology is attracting investments because Rexas is revolutionizing the market by providing the ability to buy portions of high-cost goods, real estate, and similar fungible assets through special tokens representing real-world assets. This kind of asset management can dethrone conventional finance, popularly referred to as fractional ownership, which allows high-end assets to be owned by many, placing Rexas at the forefront of the DeFi revolution.Now on presale and priced at just $0.05, Rexas is one of those presale coins gaining popularity nowadays. It is believed that Rexas could reach twelve dollars by 2025. Therefore, it represents highly profitable opportunities, including potential 100x growth for early investors. For commercial blockchains looking to pivot towards the future, accumulating RXS now, before its presale period ends, might be a smart move.

Solana (SOL)

One must understand the fact that Solana is a blockchain platform that is one of the fastest scaling. Although the network suffers essential to endure some slumps in performance due to certain technological challenges, Solana remains one of the top rings in the orbit of the DeFi, NFT, and Web3 applications. With the capacity for as many as 65,000 tx/s and cost-effectiveness in its fee structure, it is a network that is everywhere, and it deserves compliments from both the builders and investors.

Currently priced at $157, Solana is very much offering better value compared to the all-time high price of $250, therefore making it a good time to invest in it. Most of the expert sources state that the next bullish run will be one sideway moving and SOL will not only be hitting old marks but go higher than that. Among the Blockchains Solana is one of the most sophisticated with live developers, updates occurring constantly, and expanding partnerships. In case you are interested in building your portfolio of blue-chip crypto assets, Solana would be a prioritized option.

READ MORE   Top 4 Crypto Gainers in 2024: Cardano, Ripple, Binance Coin & BlockDAG

Conclusion: Time to Adjust Your Investment Strategy

As always in situations like this, changes in the market call for changes within your investment portfolio. While XRP and Cardano might have been favorites for many, their prospects are uncertain. On the other hand, Rexas Finance and Solana are poised to unlock growth opportunities as revolutionary changes in blockchain technology unfold.The sooner you consider rebalancing your portfolio while there’s still time, the better your chances of being on the winning side in the coming years. Of course, take additional precautions and do extensive independent research, but don’t ignore the promising potential of Rexas Finance and Solana, which could prove to be quite profitable investments in the short term.

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

Website: https://rexas.com

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Win $1 Million Giveaway: https://bit.ly/Rexas1M

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

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

Telegram: https://t.me/rexasfinance

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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