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Cryptocurrency News Articles
Rexas Finance (RXS), Pepe Coin (PEPE), and Solana (SOL) See Increased Market Activities Today
Oct 24, 2024 at 04:07 pm
With its listing on CoinMarketCap, Rexas Finance (RXS) has gained even more traction for its continuous presale performance
Rexas Finance (RXS) has gained even more steam in its presale thanks to its listing on CoinMarketCap. The listing on the cryptocurrency price tracking platform has brought increased attention to RXS's continuous presale performance.
Thisセール is creating ripples in the crypto community as a little over 29 million tokens are left until the next price increase. The token has raised over $3.7 million through the presale, with more than 80 million tokens sold.
Being a real-estate focused Web3 project, Rexas Finance is transforming the future of property acquisition and management. The project tokenizes real-world assets like gold, real estate, intellectual properties, and more, presenting an opportunity to buy a fraction of these valuable assets.
Furthermore, Rexas' cutting-edge ecosystem boasts features like the Rexas Launchpad, AI Shield, and GenAI, boosting its appeal among investors. These features allow users to raise funds, tokenize assets, and secure their digital investments through the application of cutting-edge AI technology.
To top it off, a $1 million giveaway is currently running, with 20 winners set to earn $50,000 worth of tokens, adding to the hype around RXS.
As Rexas Finance advances in decentralized finance and real-world asset tokenization, its strategic moves and presale success make it a promising token to watch.
A whale has acquired 101.7 billion PEPE tokens, sparking speculation and contributing to the token's price increase. The acquisition, valued at over $8 million, comes after a four-month hiatus in whale activity.
Pepe Coin has been on a roll lately, thanks to the whale activity that is driving up the token's price. A large whale with a “100% win rate” has just acquired 101.7 billion PEPE tokens. This acquisition is sure to get people talking, especially considering that it follows a four-month break in whale activity.
The tokens were acquired in two installments, with the first batch of 77.7 billion PEPE tokens being purchased for around $6.3 million and the second batch of 24 billion PEPE tokens being acquired for an additional $2.1 million. The massive purchase drove up the average price of the tokens to around $0.082.
This whale activity has sparked speculation among investors, with many anticipating a significant shift in the token's price. An ascending triangle formation on Pepe Coin is a bullish technical indicator that points to a potential impending price breakout.
Solana is also making headlines, but for a less positive reason. Concerns have been raised that the now-defunct cryptocurrency exchange FTX's unstaking of Solana tokens will soon be up for auction, leading to speculation of a selloff in the tokens.
The development comes as part of FTX's legal proceedings, with the tokens being unstaked from acustodial wallets as part of the exchange's efforts to repay its creditors. A total of $28 million worth of Solana tokens were unstaked.
However, the auction of these tokens is expected to put pressure on the market, considering that FTX still holds SOL tokens valued at more than $1.1 billion. Any sizable liquidation could lead to a decrease in the token's value.
Despite these concerns, Solana has been performing well in recent times, with strong on-chain activity and a growing ecosystem. The token has held up remarkably well, with investors keeping a close watch on the market reaction to the news of FTX's plans for the tokens.
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- Solana (SOL), Sui (SUI), Jupiter (JUP), and Worldcoin (WLD) Show Promising Activity, Price Trend Analysis Essential
- Oct 24, 2024 at 08:20 pm
- Cryptocurrency markets remain volatile, making price trend analysis essential for traders. Solana (SOL), Sui (SUI), Jupiter (JUP), and Worldcoin (WLD) show promising activity.