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The 3 Best Alts to Buy in November 2024: Ripple (XRP), Dogecoin (DOGE), and Rexas Finance (RXS)

October 30, 2024 | by TI Partners | 0

Cryptocurrency markets remain highly liquid and engaging, as more investors, both retail and institutional, show interest in digital assets. The market is gradually changing, and several projects are deemed promising owing to their sustainable development, increasing integration, and high price volatility. Specifically, Ripple (XRP), Dogecoin (DOGE), and Rexas Finance (RXS) are currently attracting much interest, and each presents a different type of investment.

XRP Poised for ETF Inclusion and Increased Demand

XRP, the native token of Ripple, has been experiencing a positive outlook in the market in the recent past. Brad Garlinghouse, the CEO of Ripple Labs, mentioned that it is only a matter of time before XRP is included in a US-based spot exchange-traded Fund (ETF). This comment comes in the wake of a rise in demand for spot Bitcoin ETFs, which have seen more than $21 billion invested since January 2024.

“There is institutional and retail interest in this asset class,” Garlinghouse said, suggesting that XRP could be the next to get an ETF. Two of the asset managers, Bitwise and Canary Capital, have already submitted applications for spot XRP ETFs as institutions continue to show interest in the cryptocurrency.

JUST IN: CEO Brad Garlinghouse says #XRP ETF is inevitable ?

— Bitrue (@BitrueOfficial) October 23, 2024

The digital asset has always had a very active community of users within the United States and across the globe. According to Garlinghouse, an XRP ETF could also perform very well because the asset is suitable for many investors. As many institutions are joining and the demand is growing, the price of XRP is projected to be on the verge of a rally.

Dogecoin Ready for Major Rally

Dogecoin (DOGE) has also been in the spotlight as it has high chances for price growth. Recent analyses indicate that the token may mimic past upswings that took DOGE to record highs of $0.73 in 2021. The analysts are now anticipating a major shift, and some believe that Dogecoin could rise to $3 in the next bull market.

Source: X

The crypto analyst Javon Marks has especially focused on Dogecoin and predicted a 400% rise with the help of historical data and market cycles. He pointed out that DOGE has been trading in the same pattern as previous rallies indicating a possible breakout. In the short-term analysis, it is possible for DOGE to at least double its current value in the next few weeks and trade at $0.37 before the US elections. This rally is fueled by recent mention of D.O.G.E department around the US election by crypto enthusiast Elon Musk.In the same vein, Marks also anticipated that DOGE may surge 5,200% in the next bull market, with its price rising to $7.36.

Rexas Finance (RXS): A Token Set to Explode by 3,900%

Rexas Finance (RXS) is rapidly becoming popular to those investors who are interested in seizing the growth opportunity. The project is oriented on asset tokenization, which means that users will be able to tokenize real world assets including real estate, art and intellectual property. This unique value proposition has allowed Rexas Finance to become a challenger in the blockchain industry and its ongoing presale has attracted significant interest.

The RXS token is currently in its fourth presale stage, priced at $0.06. So far, the project has raised over $4.4 million, demonstrating strong interest from both retail and institutional investors. Market analysts are forecasting a significant price surge for RXS, with predictions suggesting a potential 3,900% increase as the project nears its full launch and exchange listing. With the global asset tokenization market expected to grow rapidly, Rexas Finance is well-positioned to benefit from this trend. The project’s ability to bring illiquid assets into the blockchain ecosystem has attracted widespread attention, and its presale success has further solidified its future prospects. Analysts predict that RXS could reach $2.40 by the time of its full launch, offering early investors significant upside potential.