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Cryptocurrency News Articles
RXS as Finance (RXS): A New Oracle Has Emerged, Targeting Pepe Coin (PEPE)
Sep 12, 2024 at 03:55 pm
People can make or lose money in the cryptocurrency. Now, the digital oracles have come up with a new prediction. The trader, who saw the 2022 crypto crash coming
The cryptocurrency trader who predicted the 2022 crypto crash has now turned his attention to RXS as Finance (RXS).
The trader, who goes by the name TechDev, has made a name for himself by making bold predictions about the cryptocurrency market. In 2022, he predicted that the crypto crash would begin in May, and his prediction turned out to be true.
Now, TechDev is predicting that RXS will outperform the popular meme coin Pepe Coin (PEPE) in the next market rise. In a recent tweet, TechDev said that he is “bullish on RXS.”
RXS is a decentralized asset management platform that allows users to tokenize and trade real-world assets on the blockchain. The platform is designed to make it easier for people to invest in and trade assets that were previously inaccessible, such as real estate, art, and commodities.
TechDev is likely bullish on RXS because of the project’s strong fundamentals and its potential to revolutionize the way that people invest in and trade assets. RXS is also backed by a strong team of developers and advisors, which further increases its chances of success.
On the other hand, PEPE is a meme coin that was created in 2022. The coin is named after the popular internet meme Pepe the Frog, and it has no real-world use case.
Despite its lack of fundamentals, PEPE managed to rally significantly in 2022, reaching a market cap of over $200 million at one point. The coin’s price was driven by hype and speculation on social media, and it eventually crashed to less than $10 million.
TechDev is probably bearish on PEPE because of the coin’s lack of fundamentals and its high volatility. Meme coins are known to be very risky investments, and they can easily lose value.
Based on TechDev’s analysis, traders could be considering buying RXS and selling PEPE in anticipation of the next market rise. However, it is important to note that TechDev’s predictions are not always accurate, and you should always do your own research before making any investment decisions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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