Why Holding Dogecoin (DOGE) and Solana (SOL) Isn’t the Flex It Once Was, Bigger Gains to Be Made in 2 Other Coins

December 5, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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After stellar November performances, Dogecoin (DOGE) and Solana (SOL) look set to leave the center stage. Both coins have shed much of their gains in the past week. Experts predict the correction might hit even harder, prompting investors to turn their attention to two other coins for bigger gains. Rexas Finance (RXS) and XRP are investors' choices, having returned higher gains in the past week. This post will discuss why DOGE and SOL may be less profitable and why RXS and XRP may be more rewarding.

Solana (SOL) and Dogecoin (DOGE): The Faltering Giants

The Dogecoin price more than doubled as Solana rose to a new all-time high of $263 earlier in November. However, both giants are now battling to hold their gains, with SOL now 6% down in 7 days and DOGE seeing a sharp 12% correction within the same period before last night’s resurgence. Solana's nemesis lies in the growing competition from cheaper alternatives like SUI and Rexas Finance. In the past week, about $2.6B worth of SOL went unstaked. This action suggests holders are selling their tokens and investing in cheaper coins with more upside potential. Should this continue, Solana might revisit its recent lows of $220 and $200. As of this writing, SOL trades at $236, down 3% in the past day.  Despite its extensive use as a payment method and recent growth spurts, DOGE lacks real-world utility or upgrades, limiting its long-term viability. Instead of fundamentals, social media trends drive coin volatility. This volatility continues to hamper its price potential as it still trails the $0.5 mark despite its recent rallies.  These two coins may not be appropriate for tangible gains in the ongoing bull run as investors pick better alternatives. Here come Rexas Finance (RXS) and XRP.

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Rexas Finance (RXS): Asset Tokenization Game Changer

Rexas Finance is an innovative blockchain project that has quickly garnered popularity in the cryptocurrency market. Unlike Dogecoin and Solana, Rexas Finance's real-world asset (RWA) tokenization strategy provides concrete utility. This method tokenizes illiquid assets like real estate, commodities, and art to give investors fractional ownership and global market access. The project has already reached critical milestones. In less than three months, Rexas Finance completed seven presale phases, raising over $20 million and selling 290 million RXS tokens. According to the most recent presale update, the Stage 8 presale sold out ahead of schedule, launching the project onto the next phase at $0.125 per RXS token. This amazing growth demonstrates that investor confidence in Rexas is soaring.

The presale's brisk speed and successful funding demonstrate great demand and clearly confirm Rexas Finance's mission. Analysts foresee a significant price increase once RXS is officially listed on major markets. When the presale ends, RXS will be listed on at least three top-10 worldwide exchanges, increasing its liquidity and visibility. This makes Rexas Finance an extremely appealing option for long-term investors, particularly given its focus on tokenizing real-world assets.

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Rexas Finance stands out for its innovative ecosystem features. Rexas provides a comprehensive platform, including the Rexas Token Builder, which allows users to create tokens without coding skills, and Rexas DeFi and Rexas Launchpad, which provide decentralized finance services and launch support for new projects, respectively. Integrating AI-powered security solutions via Rexas AI Shield provides a secure transaction environment, increasing user trust. Furthermore, the Rexas GenAI feature provides next-generation AI solutions that improve the user experience by facilitating the creation of NFTs and digital assets, enticing both developers and artists to the ecosystem. The project's emphasis on user-friendliness and security sets it apart in a crowded cryptocurrency landscape. The recent Certik audit also reflected this user-first approach. The assessment examined the platform’s smart contract and ensured safe transactions. 

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Rexas Finance also sponsors a $1 million giveaway to thank the community for their support, with 20 winners receiving $50,000 each—Rexas Finance's current trajectory positions it for spectacular growth. Analysts and industry experts foresee an exponential growth phase following the official listing. Those who enter early, during the presale, are in a perfect position to profit from the impending rush.

XRP: Another Winner in the Making

While Rexas Finance is a newcomer with immense promise, XRP remains a strong challenger, attracting retail and institutional investors. Despite regulatory challenges, XRP's recent court triumphs and expanding use cases in cross-border payments and DeFi applications have put it on a steady upward trajectory. XRP has lately been positive; many predict it could hit $20 if the current trend continues. Attracting significant interest from both regular and institutional investors, XRP has a market capitalization of over $110 billion and a current price of $1.93. Its growing role in payment processing—which involves a link with worldwide remittance behemoth Ripple—piques the curiosity of investors. The SEC litigation, which recently tipped in Ripple's favor and boosted confidence in the project, has been a big contributor to XRP's growth. Analysts have noted that if XRP breaks major resistance levels, it might experience a big rise to $20. Not only that, but XRP's expanding ecosystem, particularly in the central bank digital currency (CBDC) market, positions it for long-term success in a changing financial system.

Conclusion

As Solana and Dogecoin fail to keep their early pace, projects such as Rexas Finance (RXS) and XRP show significantly more promise for exponential growth. With ground-breaking technology developments, robust collaborations, and strong investor support, RXS and XRP are prepared to dominate their respective markets. For investors wishing to diversify and profit on the next wave of bitcoin innovation, Rexas Finance is the most viable option. Don't pass up this opportunity to invest in RXS before the project goes public and its full potential is realized.

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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 Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at 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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