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Cryptocurrency News Articles
Rexas Finance (RXS): A Long-Term Value Project With Real Use Cases Amidst Market Churn
Oct 03, 2024 at 01:25 pm
Even as other currencies like Cardano (ADA) or Toncoin (TON) have been on speculation with short-term price improvements, Rexas Finance (RXS) has been performing exceptionally well as a long-term value project with real use cases.
The cryptocurrency market has seen a lot of activity in the past few days, with some coins, such as Cardano (ADA) and Toncoin (TON), experiencing impressive price increases. Such movements tend to attract traders, especially when the value charts for two assets turn green and generate hype in the market. However, a long-term investor-focused project, like Rexas Finance, which does not create so much noise around itself, continues to be the focus of attention for long-term investors.
Even as the prices of ADA and TON fluctuate, fans including traders who have long supported RXS continue to place their bets on RXS, which is understandable, to say the least. But what exactly is the reason behind this continued interest in RXS Finance, despite the short-term price actions being experienced by several other tokens? Let's find out.
Cardano (ADA) and Toncoin (TON): A Week of Green Candles
It must be noted that both Cardano (ADA) and Toncoin (TON) have been performing well this week. Several underlying factors have propelled these tokens on positive waves.
Cardano (ADA): Among the strongest challengers of Ethereum, Cardano stands out the most. The platform responsible for smart contracts has seen a revival of sorts. The recent upgrades of the network as well as an increase in the number of users in DeFi activities have created price growth and attention towards the project in the near term.
Toncoin (TON): The synergies established with Telegram are starting to bear fruits and Toncoin’s growth is being propelled successfully. Since Telegram has a large number of global users, it is not surprising that TON has become popular as an in-app currency, which has resulted in its increased use and price rise.
The burst in the volume of the price exhibits of ADA and TON attracted mainly speculating traders, but at the same time, Rexas Finance (RXS) has stayed as a long-time, high-potential project that has many prospects to offer. Let us dig into why Rexas Finance is still worth thinking about for those who prefer thinking in terms of more distant horizons than the current market churn.
Reasons For Continuing Bullish Sentiment On Rexas Finance (RXS)
The central theme of Rexas Finance is to make RWA assets available to global investors through its core offering. This entails the transformation of tangible and financial assets like real estate property, gold, commodities, artworks, etc into blockchain tokens which can be traded in parts.
Tokenization of assets opens up what has often been consummately illiquid markets, thereby democratizing participation in the sectors that used to be conquered by institutional investors.
RXS’s RWA platform has the opportunity to disrupt massive markets such as real estate, which is particularly valued at $379.7 trillion. Inviting more participants in the crypto space and increasing the pool of funds are real reasons that practicable applications such as Rexas Finance are providing, which many cryptocurrencies including ADA, and TON do not.
Indeed, there are unique features like ADA’s smart contracts and the use of TON with Telegram. However, Rexas Finance has a distinct competitive advantage with the constitutive technologies enhancement to social economic activities and assets through coinization. This makes it a resilient investment proposition for those looking over the long term.
Rexas QuickMint Bot: Democratising token creation
One of the coolest features of Rexas Finance is its QuickMint Bot, which makes going through the painful process of token creation very easy on Telegram/discord and other popular messaging platforms. With this feature, both companies and individuals can issue tokens for different needs, either for startups, such as crowd sales and community-based development, or fund the real asset turnover, even without deep knowledge of technologies.
This simple tool explains why RXS enjoys a competitive advantage in comparison to other platforms. The QuickMint Bot addresses several limitations of current approaches including those offered by smart contracts on the ADA blockchain and the payment system on TON neural networks
Accessibility: Users are enabled to have their assets tokenized or various community tokens created via messaging apps they are already using.
Speed: The process of token creation is highly efficient making it possible to penetrate the market at a very short time after conception.
User Friendly: Token project management can also be performed by non-technical users making the use of blockchain technology widespread.
This ease of access is important to encourage acceptance going forward. Even though Toncoin is embedded closely within the structure of Telegram’s social network, it is not as comprehensive as Rexas Finance which pragmatically provides this unique offer for token creation. Focusing on smart contracts, Cardano lacks this level of availability to ordinary people as well.
Stage 3 Presale: One of the Golden Opportunities for Early Birds
Although ADAs and TONs have already shown way worth appreciation in prices Rexas Finance (RXS) is in the very early stages where its price stands only at $0.05 and is currently at stage 3 of its
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