August’s top-performing altcoin, Chainlink (LINK), currently faces major resistance that could see it fall out of the top 15. Meanwhile, an elite analyst is bullish on Rexas Finance (RXS), an RWA new coin. He forecasts an astounding 7,900% rise and expects Rexas Finance to challenge Chainlink for the top spot in the coming months.
Chainlink’s NVT Ratio Signals Trouble
Right now, Chainlink (LINK) is under bearish strain. The token recently declined 7.4%, therefore negating much of August 2024’s increases. Now trading around the $10 mark, LINK raises questions among investors since it is dangerously near to a vital support level.
Chainlink’s Network Value to Transactions (NVT) ratio is one important statistic drawing attention. This measure contrasts an asset’s network activity with its market worth. Rising NVT ratios point to the token perhaps being overpriced in relation to its use.
Chainlink’s NVT ratio is rising, suggesting that the present price rates are unsustainable. Investors are growing concerned that the token’s value may not match its real network activity.The price drop in LINK started when the NVT ratio started rising. There are questions about this disparity between investor hope and token use. Should the bearish trend persist, LINK may challenge the $9.30 support level—which has historically served as a safety net. LINK might suffer more, though, should this support fail.
Rexas Finance (RXS) – The New RWA Token Targeting a 7,900% Rally
Rexas Finance (RXS) shows great competitive ability as Chainlink’s struggle continues. Recently, an elite analyst projected an amazing 7,900% increase for the cryptocurrency once listed on exchanges. With a novel approach to real-world asset (RWA) tokenization, Rexas Finance hopes to challenge top cryptocurrencies in the near term.
With just a few clicks, Rexas Finance lets users purchase and own items, including commodities and real estate. Investors can even hold a small portion of highly valuable assets, shattering conventional wisdom. This accessibility might transform the market and attract investors looking for diversified exposure to real estate.
RXS Rapid Success in Presale and Future Prospects
The presale of Rexas Finance is going well. In under 72 hours, the first presale stage was completed, raising $450,000. RXS is currently in its second stage and is priced at $0.040. The following phase will see a price increase to $0.050. With a final listing price of $0.2, early investors will receive a 6x return. RXS appears to be gaining pace and may move closer to ranking among the top 15 cryptocurrencies faster than expected.
According to the elite analyst, the token’s creative approach to asset tokenization is expected to drive its expansion. Rexas Finance is based on physical assets, unlike Chainlink, which is seeing a gap between its market value and network activity. Investors find this strategy appealing, particularly during periods of market turbulence.
Chainlink’s Difficulties Clear the Way for RXS
Rexas Finance takes advantage of its distinctive value offer, while Chainlink has difficulties, such as an increasing NVT ratio and approaching support thresholds. LINK’s negative outlook creates an opportunity for RXS to draw in investors looking for different kinds of returns.Chainlink’s network activity points to an overvaluation. Rexas Finance presents a simpler and more convincing argument, though: access to actual assets via blockchain technology. In a market where many tokens find it difficult to defend their values, this emphasis on physical worth could distinguish RXS.
How to Join the Rexas Finance Ongoing Presale
Investors interested in Rexas Finance can easily participate in the presale. With RXS priced at $0.040, the second stage of the presale is currently underway. Visit the Rexas Finance website and follow the guidelines to take part. The price of the following stage will increase to $0.050, showing a definite rising trend. This presale presents a chance to enter early on with a token that is more than just another cryptocurrency—a link between blockchain and actual assets. Participating now allows investors to acquire RXS tokens at a reasonable price, therefore preparing themselves for possible exponential returns as the project grows.
Conclusion: Rexas Finance Targets Chainlink’s Position
Rexas Finance distinguishes itself with its cutting-edge RWA tokenization strategy, whereas Chainlink faces difficulties in the market and investor mistrust. The analyst sees Rexas Finance as a top 15 candidate as he projects a 7900% surge for RXS. Thanks to its successful presale and distinctive value proposition, Rexas Finance is a viable choice for investors hoping to diversify and profit from the next big thing in cryptocurrency.
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