4 Altcoins to Buy This March: RXS, ENA, STORY, JUP

SOL has been on a steep decline, falling below key support levels. Its on-chain performance has also been unencouraging.

Solana (SOL) has been on a steep decline, falling below key support levels. Its on-chain performance has also been unencouraging. As a result, analysts believe it’s best to hold off on buying Solana, as its short-term outlook is still uncertain.

Meanwhile four altcoins stand out as better purchases this March as they boast strong short-term growth potential. Here are the four altcoins to buy this March for a chance at significant returns.

Rexas Finance (RXS)

RXS has quickly become a hot topic in the crypto sphere. Its presale journey has seen remarkable success, with the token price surging 566% from $0.03 to $0.20. But what started at $0.03 could go to $10 in a few months.

This incredible ascent is far from over, as momentum suggests even greater heights are in store. As we approach June 19 for the token’s official exchange debut, it will launch at $0.25.

With every passing day, excitement is building for the token’s potential to yield explosive gains, and its role in asset tokenization further fuels its bullish outlook.

Rexas Finance empowers investors to own and trade fractional shares of high-value assets like real estate and intellectual property. Traditionally, these markets were accessible only to large investors due to the high entry costs involved. However, Rexas Finance is breaking down these barriers.

It is democratizing investment opportunities, rendering them available to a broader audience and fostering inclusivity in these asset classes. Investors have shown strong interest in RXS. During its presale, a staggering 454 million tokens were sold, raising over $46.8 million.

This overwhelming demand suggests a high likelihood of significant price appreciation after its exchange listing. Historically, tokens that experience early traction in presales tend to witness rapid price surges upon launch, and RXS is well-positioned to follow this trend.

Beyond its strong market demand, Rexas Finance has built an advanced ecosystem that adds long-term value to its token. The Rexas Token Builder simplifies the process of creating digital tokens. The Rexas GenAI helps users generate high-quality NFTs, adding another layer of utility to the ecosystem. The Rexas Estate platform also introduces fractional real estate ownership, allowing investors to earn passive income from tokenized properties.

The growing interest in real-world asset tokenization presents a massive opportunity for RXS. As traditional financial markets, like forex, futures, and equities, increasingly adopt tokenization, projects like Rexas Finance are at the forefront of driving this transition. This transition could drive significant demand for RXS, pushing its price to new highs.

Therefore, Rexas Finance is a promising crypto project to invest in this March. If momentum continues, RXS could deliver substantial returns in the coming months.

Here are four coins to buy in March 2024.

Ethena (ENA)

ENA shows signs of a major turnaround after its corrective phase. This rebound could lead to a stronger rally ahead. The asset has formed a descending wedge structure, often a precursor to a breakout. It has also started to recover from its recent lows.

Technical indicators suggest that ENA is positioned for a bullish reversal soon. Ethena Labs is also making significant strides. Recently, it secured a $100 million investment, fueling development for its blockchain and institutional-grade token, iUSDe.

With increasing adoption and rising trading activity, ENA could be one of the best-performing altcoins in March.

Story (IP)

IP shows signs of a potential breakout after consolidating within a descending triangle pattern. After peaking at $8 on February 20, STORY retraced to around $3.89. This retracement aligns with the 0.618 Fibonacci support level.

Analysts believe the corrective phase may be nearing its end. However, two possible scenarios lie ahead—a breakout above resistance or one final dip before a bullish reversal. Technical indicators, including the RSI, suggest momentum is building.

A breakout above $4.67 could signal a new upward trend, with targets at $5.46 and beyond. With strong fundamentals and growing investor interest, STORY remains a promising buy for March.

Jupiter (JUP)

Jupiter is gaining attention following its first-ever token buyback program. The aim is to reduce supply and increase investor confidence. Over the past 17 hours, the platform repurchased 4,885,370 JUP tokens for $3.33 million at an average price of $0.683.

Token buybacks are widely used in traditional finance and crypto to support price growth by creating scarcity. The market quickly responded to this development, with JUP rising 3.5%