Over the past week, the crypto market has recorded some impressive moves as several altcoins prepare for a massive rally in October. Ripple (XRP) gained over 8% to surge above the $0.61 mark, while Rexas Finance continued its impressive presale run as it completed stage 2 within 12 days. However, Cardano, the popular Solana Killer, faces future uncertainties as continuous sell-offs from profit-taking holders dim ADA potential despite an 11% weekly surge.
Rexas Finance’s RXS token Presale Enters Stage 3
Since it was introduced on September 8, Rexas Finance has consistently been in the headlines due to its impressive presale performances. The project, which aims to democratize the real-world asset industry, entered stage 3 of its ongoing presale after completing stage 2 within twelve days, raising over $1 million. The wide acceptance owes greatly to Rexas Finance’s unique value proposition: making the real-world asset tokenization sector available to everyone, from anywhere, and at any given time of day. With the ability to tokenize factual assets like gold, real estate, and artworks, users have the opportunity to earn and invest in a previously illiquid market. Rexas Finance’s ecosystem is a robust setting of cutting-edge tools. The Rexas AI Token Builder eases the complexity of tokenizing valuable assets. With no coding skill required, anyone can tokenize a piece of metal with a few clicks.
Rexas Launchpad is another great tool in the broad ecosystem. This tool offers an avenue for innovative projects to seek funding. Rexas Estate controls the buying and selling of tokenized real estate. This option allows anyone to acquire a fraction of a whole property right from the comfort of their homes. To ensure transparency and safety, Rexas AI Shield monitors all transactions. To reward its dedicated community, Rexas Finance announced the jaw-dropping $1 million USDT Giveaway contest. Twenty top individuals will win 50,000 USDT when the promo ends. This announcement has gained prominence as over 17,000 individuals have entered the contest.
Currently trading at $0.05, over 60% of the Stage 3 presale has been secured by savvy investors. With a listing price of $0.20, early investors have the chance to earn over 6x on their investments. Furthermore, experts are predicting a 100x RXS token rise post-launch.
Ripple (XRP) To Soar as Stablecoin Launch Nears
Amid the anticipated launch of its Stablecoin (RLUSD), Ripple continues to attract attention. XRP recently saw a 7% price gain as it moved above $0.61 to test the $0.66 mark before falling back below $0.60. The recent dip follows a notable well-off by a renowned XRP Chairman, Chris Larson. Chris has moved a total of 38M XRP tokens to exchanges, sparking deep concerns about a potential dip. However, enthusiasts like CryptoTank predict XRP might rise to $1 million, discarding the selling pressure.
Currently trading at $0.5868, many experts predicted that if Ripple trades above the new resistance level, it might see a notable price move above $1 soon. The ongoing positivity in the Ripple ecosystem also paints a bullish picture. Ripple recently won its case against the SEC after years of continuous litigation. Also, Robinhood announced that it’s relisting the XRP on its trading platform. Further boosting the appeal is the recent launch of XRP ETF Trust by Grayscale. These developments position XRP for a crucial rally in the coming months.
Cardano Struggles to Sustain Momentum
While Rexas Finance and XRP are in a positive mood, it appears Cardano’s price struggle is set for another round of issues. Having underperformed for the majority part of the year, Cardano has gained a notable 11% rise in the past week. However, this turn of fate seems to be a nemesis as ADA holders are taking profits. Usually considered the main players in the market, Whales have become negative about the price perspective of Cardano. Over 320 million ADA have been offloaded over five days from addresses ranging from 10 million to 100 million ADA.
Valued at more than $112 million, this supply shows that big investors are no longer hoping for further gains. Trading at $0.37, Cardano’s price recently increased by 11%. Now, ADA is just 7% away from the vital $0.39 resistance. Nonetheless, ADA is probably going to fail to climb above the $0.39 barrier, given the continuous whale sell-offs and declining macro momentum. Rather, the altcoin might settle below this level, maybe testing $0.36 as the lower limit of its present trading range.
Conclusion
XRP and Rexas Finance are among the top coins looking set for a big rally. However, a recent sell-off by Cardano whales has put the token in another potential dip just immediately after breaking its long-term resistance. With its recorded results so far, Rexas Finance remains in contention to transform the RWA investment scene. At just $0.05, now is the right time to jump on the Rexas Finance train.
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