5 Altcoins on Every Crypto Investor's Radar This Week, Big Moves Ahead

October 12, 2024
·
6 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

The trends in the cryptocurrency industry are quite exciting - in particular, as the date of print approaches the next bull run, some altcoins are becoming the focus of investors. It is obvious that Bitcoin (BTC) and Ethereum (ETH) will always be among the major coins, but quite a number of altcoins will also be active over this week.  In particular, Rexas Finance (RXS) catches the attention of many investors due to its new project with extraordinary features like quick and very successful presale: fractional ownership. In addition to Rexas Finance, there are other Altcoins Solana (SOL), Toncoin (TON), Ethereum (ETH), and of course Bitcoin (BTC) which are also going to create havoc in the crypto market. In this brief, let’s look at these five tokens and the reasons why they are making headlines.

Rexas Finance (RXS): Going Mainstream Towards Real-World Assets

Out of all those relatively new tokens, Rexas Finance RXS is one of the fastest moving and thus the most highly anticipated. Obviously, Rexas uses a rather unconventional form of selling: fractional ownership. Rexas investors can now buy, sell, or trade exotic investments like properties, natural resources, and even art. Because of this change in structure, it is possible for more people with lesser amounts of money to buy into high-value assets. What sets Rexas Finance apart is its Launchpad enabling users to tokenize assets and invite investments using the “tokens” rather than just currency. This eliminates the problem of saying there is a problem of accepting capital from a startup in need of funding assistance, or a developed entity intending to grow in its respective field, the Rexas Finance Launchpad has simplified everything with tokenization and raising funds.

Rexas Presale Success

Rexas Finance has achieved remarkable accomplishments during the presale of the project. For the first three stages, the cash was raised to fund the causes very quickly and made people feel even more excited regarding the potential of the token. In Stage 1, Rexas offered 15 million tokens at $0.03 selling them for more than $200.000. In stage 2, there were 20 million tokens available for selling for $0.04. Stage 3 was on track with 30 million tokens at $0.05 in sales. As of now the presale for the token is in Stage 4 where 45 million tokens are being offered at the rate of $0.06. The presale has as of now raised more than $2.75 million which shows a positive market response to the project.

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Rexas Giveaway

Besides the success of the presale, Rexas is also advancing an exclusive warm-up event, where they give away $50,000 to the winners and entice early backers. Participants are supposed to enter their ERC20 wallet address and they are also required to take some quests in order to improve their returns. In this case, the more tasks you complete, the more tokens you have the possibility to win, and even more, if you invite friends to the contest. This helped not only to generate interest in the particular token but also to build a loyal base.

Bitcoin (BTC): The Powerful King of All

It goes without saying that any list that involves the rank of best-performing cryptocurrencies should include Bitcoin BTC. Bitcoin has never been out of the crypto headlines since it launched as the mother or first crypto. Even now, despite numerous attempts to dethrone it, the first and foremost cryptocurrency still gets to control almost 44% of the entire cryptocurrency economy. Despite exhibiting great volatility throughout its history, every investor’s nightmare has consistently consolidated in his or her portfolio owing to its positive long-term outlook. Analysts are once again forecasting a bull run for Bitcoin, particularly given the increased involvement in the space by institutional investors and the approval of a Bitcoin spot ETF. More optimistic forecasts say that Bitcoin will not only succeed in increasing its peak so far but will soar over the market value of a whopping 100,000 dollars or even more within three years. For a serious crypto investor, it is important to have Bitcoin as an asset due to its reliability and dominance.

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Ethereum (ETH): The Backbone of Decentralized Finance 

Ethereum (ETH) is often considered the heart of decentralized finance (DeFi) together with lending, borrowing, and earning platforms. As the most popular smart contract platform, Ethereum makes it possible for developers to create a range of decentralized apps (dApps) such as lending protocols, NFT marketplaces, etc. The latest development turning Ethereum into a 2.0 level of development was the transition to a Proof of Stake (PoS) model having improved the Network efficiency and sustainability to the comfort of the developers and investors. With ETH in such high demand and getting more positive recognition, it is not unreasonable to say that this growth is going to be enormous. The growing number of applications fuels the development of the Ethereum network and increases the demand for its cryptocurrency. Ethereum is in a position of stranglehold which means it is one of the cryptos that can make good use of this bullish market and not only that with a lot of analysts forecasting impressive growth within a few years.

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Solana (SOL): A Pioneering & Rapidly Growing Blockchain for DeFi & NFTs

Over the last couple of years, apart from the currencies of recent coins, Solana (SOL) has managed to attract additional interest thanks to the high speed of transactions and their low cost. Solana is a 2nd generation blockchain that can wind up more than a thousand transactions every second and is especially popular among developers of decentralized applications within the scope of DeFi and NFT marketing. This is the very reason why the Solanas throughput has put the platform growth among the top ten fastest-growing crypto ecosystems. But even with that or some other technical difficulties - and the project and its numerous subsequent breaks give it a maximum of two - relegate Solana as the most vibrant blockchain because of its supporting crowd and vast scope. A number of analysts have predicted that Solana price growth will remain a trend over the next several months and even years due to more and more dApps appearing and more traditional investors getting interested.

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Toncoin (TON): The Connection of Crypto Companies with Social Networks

Toncoin (TON) is a new altcoin that is part of The Open Network (TON) accompanied and sponsored by the popular instant messenger application Telegram. Since web applications are typically designed as stand-alone services, they are unlikely to retain their users for long if tons of apps are released in Telegram, while Toncoin focuses on facilitating seamless in-app payments. The added benefit of over one billion active Telegram users is significantly increased through the partnership of Toncoin and Telegram. After all, as more users embrace, for example, Toncoin for peer-to-peer transactions and other decentralized applications, its demand is bound to increase. With strong technical backing and Telegram support, Toncoin is one token to keep a close eye on in the next bull run.

Conclusion: A Great Update Coming for These Altcoins

With the crypto space getting ready for another bullish phase, the following hard-hitting moves are prepared by the following five altcoins Rexas Finance (RXS), Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Toncoin (TON) in the near future. Apart from the several reasons why investors will rush into the project even at an early stage, the reason why Rexas Finance promises to be even more interesting is its fractional ownership model, the successful presale, and the running of the $50,000 giveaway. If you are in quest for the safety net of Bitcoin and Ethereum, the quickness of technology from Solana or the use of Toncoin for social media factors then expect tremendous returns from these tokens in months and years. The time is ripe for wise investors to position themselves for activities in the cryptocurrency market that are expected from the next growth wave.

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

Website: https://rexas.com

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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