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Cryptocurrency News Articles

Crypto Pundit Foresees Altcoin Season in January 2025 With These 3 Coins Set to Lead the Way

Dec 22, 2024 at 10:00 pm

The altcoin season has seen drawbacks because of several factors. However, it will still happen, and a popular crypto pundit has predicted it will start in January.

Crypto Pundit Foresees Altcoin Season in January 2025 With These 3 Coins Set to Lead the Way

A popular crypto pundit has predicted that the altcoin season will begin in January, and three cryptocurrencies are set to lead the way.

According to the pundit, Rexas Finance (RXS), Chainlink (LINK), and Fantom (FTM) will spearhead the altcoin season, triggering other altcoins to rally.

Here's a closer look at the three cryptocurrencies and the factors contributing to their potential to lead the upcoming altcoin season.

1. Rexas Finance (RXS): A Potential Leader in Asset Tokenization

Despite being a relatively new project, Rexas Finance has outperformed several cryptocurrencies in the past months, grabbing the attention of a notable crypto pundit.

The presale of Rexas Finance began in September and has since seen exceptional performance. It is currently in stage ten with RXS priced at $0.15, showing a 400% rise from its starting price of $0.03, which is another factor that has highlighted its bullish potential.

Rexas Finance is transforming access to real-world assets, including real estate and commodities, through tokenization. This approach drives growth in the RWA market, which is currently valued at over 400 trillion.

Tokenization converts assets into digital tokens, providing solutions to critical issues such as lack of liquidity, inaccessibility, and high cost. By tokenizing assets, the market becomes accessible to more investors from anywhere in the globe.

The expert believes this vision is poised to revolutionize decentralized finance and provide the perfect conditions for Rexas' expansion.

Rexas Finance tools are simple and designed to appeal to experts and complete newcomers alike. These tools include the Rexas Token Builder, which creates digital tokens, and the Rexas QuickMint Bot, which provides a flexible way to create and deploy digital tokens straight from your smartphone or computer.

The Rexas GenAI also helps create NFTs, and the platform has a decentralized finance platform.

With such a clear vision and strong presale performance, the expert believes Rexas Finance can easily lead the altcoin season.

More importantly, its token launch will happen in January on several platforms, including three major exchanges. He predicts that Rexas Finance will perform brilliantly post-launch, recording a massive surge that will place it in the spotlight.

The ongoing giveaway has also attracted investors vying to be among the twenty lucky winners set to win $50,000 each.

Rexas Finance has also been listed on CoinGecko and CoinMarketCap and has done its Certik Audit.

2. Chainlink (LINK): Bullish Sentiment Fuels Rise

After pushing beyond $30, a price not seen before 2022, Chainlink (LINK) has lately garnered attention. Besides its substantial gains, the pundit believes Chainlink can see more increase.

Its strong fundamentals—which include its role in Brazil's DREX CBDC project and its growing focus on real-world asset tokenization—are major factors behind LINK's surge.

These advances show Chainlink's increasing relevance in decentralized and traditional finance.

Recent technical analyses are promising. LINK's price chart has recently formed an ascending triangle pattern, which suggests a bullish breakout.

If LINK breaks the $30.4 resistance with strong buying momentum, analysts predict it could climb to $34 soon. This would be a 15% increase, further solidifying its position as one of the market's leading altcoins.

At press time, LINK trades at $29.24.

Additionally, whale activity has spiked, with holdings increasing significantly over the last month. With a 120% price increase in just 30 days and market sentiment bullish, Chainlink could rally further soon and lead the altseason in January.

3. Fantom (FTM) Sonic Rebrand: A Promising Price Catalyst

Fantom (FTM) has caught the spotlight with its impressive price performance and an upcoming rebrand. Currently trading at $1.34, the token has climbed 9% in 24 hours, fueled by optimism over its technical breakout.

A classic cup-and-handle pattern on the weekly chart suggests FTM could soon test the $1.40 resistance level, a significant milestone in its bullish trajectory.

On-chain data also highlights increasing large transactions and growing Open Interest, signaling strong market confidence.

Investors are pulling FTM off exchanges and into cold wallets, reducing selling pressure and paving the way for further price gains.

Besides its current price action, the crypto pundit points to its transformation into Sonic Labs as a key factor that makes it promising.

Sonic is a rebrand aimed at enhancing network scalability and user rewards. Sonic Labs will introduce the “S token,” offering new staking incentives and airdrops.

As the Fantom Foundation supports this evolution, the Sonic layer-1 blockchain promises lower fees, faster transactions, and robust infrastructure.

With solid fundamentals and

News source:captainaltcoin.com

Disclaimer:info@kdj.com

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Other articles published on Dec 23, 2024