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Cryptocurrency News Articles

These 3 Cheap Altcoins Are Set to Outperform Ethereum (ETH), Solana (SOL), and Cardano (ADA) in This Bull Cycle

Nov 07, 2024 at 10:02 pm

Focus has been high on productive and high-yielding coins making many investors pay close attention to Ethereum (ETH), Solana (SOL), and Cardano (ADA).

These 3 Cheap Altcoins Are Set to Outperform Ethereum (ETH), Solana (SOL), and Cardano (ADA) in This Bull Cycle

While attention remains high on productive and high-yielding coins like Ethereum (ETH), Solana (SOL), and Cardano (ADA), three cheap altcoins are set to outshine these giants in this bull cycle. Backed by innovative technology and sound fundamentals, these altcoins present unique opportunities promising high returns. With the market changing dynamics, it's time to uncover these hidden treasures that are bound to get the market appreciation they deserve soon.

1. Rexas Finance (RXS)

As the industry matures, the focus shifts to cryptocurrencies offering genuine value and long-term growth prospects. At a presale price of $0.07, Rexas Finance (RXS) stands out in this category. It has already sold out 110 million of its tokens at the concluded stage 4 for $0.60 — a clear indication of strong early interest from both institutional and retail investors.

What sets Rexas Finance apart from meme tokens like SHIB and even big players like Ethereum (ETH), Solana (SOL), and Cardano (ADA) is its novel approach to real-world asset (RWA) tokenization. By enabling users to tokenize assets like real estate, art, and intellectual property, Rexas Finance makes possible the worldwide trading and fractional ownership of previously illiquid assets, marking a game-changing breakthrough in blockchain finance that provides substantial value beyond meme-driven hype.

Built on Ethereum's blockchain, it utilizes innovative smart contract technology to ensure decentralization and security — features that appeal to investors looking for more than just speculative gains.

Rexas Finance's presale performance highlights its potential, as it has already doubled in price, and its CoinMarketCap and CoinGecko listing has piqued curiosity. Grooming its community currently with a $1 million giveaway with the chance of winning $50,000 worth of RXS tokens for 20 lucky participants, Rexas Finance positions itself at the top attracting over 155,000 investors to its community.

As it stands, early investors stand a chance of 6X reward on investment while the projected price of the listing is $0.2, Rexas finance is set to list on 3 of the Top 10 tier 1 exchanges fixing the project at the helms of traction and potentially poised for wider adoption.

2. Dogecoin (DOGE)

Dogecoin is quickly emerging as an undervalued gem headed to outshine big competitors like Ethereum (ETH), Solana (SOL), and Cardano (ADA) during the upcoming bull cycle.

DOGE achieved a major breakout, rising to $0.1283, representing a remarkable 56% increase from its August lows. This upward trend has been aided by an excellent trading volume of $2.25 billion in the last 24 hours — the biggest in more than two weeks, reflecting strong market interest and liquidity.

The futures market also shows an optimistic picture, with open interest topping $768 million, the highest level since June, indicating increased demand from traders looking to capitalize on Dogecoin's momentum.

Furthermore, as other humor currencies, such as Bonk and Cat in a Dog's World, experience significant gains, Dogecoin's sustained appeal is supported by a reenergized market sentiment, particularly as Bitcoin ETFs draw substantial inflows.

With these convincing indicators, Dogecoin's potential for future growth is apparent, making it an excellent choice for investors looking for the next cryptocurrency powerhouse in this bull cycle.

3. Pepe Coin (PEPE)

Pepe (PEPE), an altcoin inspired by a famous internet meme, is emerging as a powerful rival prepared to outplay established titans such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) in the approaching bull market.

Currently trading at around $0.0815, PEPE is on the verge of a strong upward move, with a critical resistance level of $0.00001195 in sight. A successful breach of this barrier might catapult the coin to the next target of $0.00001442, which would represent a significant rise over its current price.

With a relative strength index (RSI) of 46.10, there is plenty of opportunity for expansion, indicating that PEPE is not yet overbought. Over the last six months, the coin has shown resilience, rising 18%, demonstrating solid underlying support.

As the altcoin season approaches and the market mood turns bullish, PEPE's gains could exceed 50%, particularly if it holds its position above the critical support level of $0.00000702.

With its distinct cultural appeal and strong community support, Pepe (PEPE) is poised to seize the spotlight and perhaps produce returns that will leave its more established competitors in the dust.

Conclusion

Although Ethereum (ETH), Solana (SOL),

News source:cryptodaily.co.uk

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