Ethereum (ETH) Has Long Been the Altcoin Leader, and Its Next Price Surge Could Send Several Altcoins Skyrocketing

Ethereum (ETH) has long been the altcoin leader, and its next price surge could send several altcoins skyrocketing.

The cryptocurrency market is quickly changing, with new trends and possibilities emerging at an amazing rate. As we've seen over the last few months, the fate of various cryptocurrencies might be linked, especially when it comes to the king cryptocurrency, Bitcoin (BTC), and the major smart contract platform, Ethereum (ETH).

The recent market action has shown that a price increase in the king cryptocurrency might lead to a broader market recovery, with altcoins also following suit. This insight is crucial for strategic investors who are looking for cryptocurrencies with the potential for large, multi-fold gains.

With the anticipation of Ethereum's next price surge, which might send several altcoins to new highs, investors are scanning the market for the best tokens to add to their portfolios.

While there are several promising crypto projects in the works, Rexas Finance (RXS) stands out as a top contender, thanks to its innovative approach and potential to tokenize real-world assets on the blockchain.

The Importance of Real-World Use Cases in a Bear Market

In an age where crypto projects often struggle to differentiate themselves, Rexas Finance stands out with its unique use case. While other projects are focused on decentralized finance (DeFi) or blockchain gaming, Rexas is taking a different path.

The project aims to tokenize actual assets, such as intellectual property (IP), art, and real estate, bringing the benefits of blockchain technology to new domains. This initiative has the potential to revolutionize how these assets are owned, traded, and valued globally.

The project is already making waves with its presale, which has seen incredible demand. Currently, Rexas is in Stage 12 of its presale, the last phase before its release. Priced at $0.20, the presale has already raised an astounding $46.88 million, accounting for 90.89% of the allocation.

Early investors are already making notable profits, as the starting price is $0.25. Moreover, a Certik audit has helped the project gain investor confidence, further strengthening its security and reputation.

Rexas is also running a $1 million giveaway competition to draw new customers, with 20 lucky winners set to receive $50,000 worth of RXS each. Participants must contribute at least $100 in the presale to qualify for bonus entries and complete simple tasks.

The enthusiasm surrounding the presale and giveaway attests to the rapid popularity of Rexas among crypto enthusiasts. Since its first presale, Rexas has experienced a 500% price increase, showcasing remarkable momentum.

As Ethereum prepares for a potential pump, which might propel the cryptocurrency to new highs, Rexas is positioned for a substantial 10x gain.

This increase could transform an initial investment of $800 into an impressive $8,000, highlighting the magnificent earning potential of this venture.

With its creative concept and increasing acceptance of RWA tokenization, Rexas (RXS) appears to be the best cryptocurrency to profit from Ethereum's next major action.

Another interesting cryptocurrency to keep an eye on is Hedera (HBAR), which is recognized for its distinctive hashgraph technology. In comparison to conventional blockchain systems, this technology provides faster transactions, lower fees, and superior security.

Technically, HBAR's Relative Strength Index (RSI) is in neutral territory, indicating that the token is neither overbought nor oversold. This factor suggests the possibility of a price reversal, especially if Ethereum's next price increase triggers a broader market rally.

Analysts predict a 10x increase in HBAR, enabling early investors to multiply their funds significantly. Considering its unique technology and potential in the rapidly expanding cryptocurrency market, Hedera (HBAR) stands out as a top-tier cryptocurrency to watch in 2024.

Among other promising altcoins is Avalanche (AVAX), which is known for its minimal transaction fees and rapid transaction times. Having grown into a substantial player in the decentralized finance (DeFi) domain, Avalanche poses a direct threat to Ethereum in this specific market segment.

Currently, AVAX is trading in close proximity to a crucial support level, where prior price behavior indicates strong buying interest. Furthermore, a contracting triangle pattern suggests an impending breakout from the lower support.

If the scenario unfolds as anticipated and Ethereum's ascent drives the broader crypto market, resulting in a 10x increase in AVAX from the support, we might witness a price surge to $10.99.

This scenario would yield significant returns for investors, potentially transforming an initial investment of $800 into an astounding $8,000.

As the crypto space evolves, investors are constantly seeking new opportunities. Among the sea of altcoins, Jupiter (JUP) presents an interesting investment possibility.

For those seeking substantial returns, JUP offers a favorable risk-reward ratio even at present, as it's