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Cryptocurrency News Articles
Top 5 Utility Tokens To Buy This December For Maximum Profits
Dec 12, 2024 at 11:38 pm
Bitcoin's surge to an all-time high of $104K is heating the utility market, and crypto traders believe this could be a bull run underway.
Bitcoin’s surge to an all-time high of $104K is heating the utility market. As crypto traders anticipate a bull run, many are searching for the best crypto to buy to land them hefty profits at the peak of the bull run.
If you are looking for the best coins to earn massive returns this December, we have compiled the top 5 utility tokens that you should buy.
From innovative new entrants like Rexas Finance (RXS) to well-established tokens like Ethereum (ETH) and Binance Coin (BNB), these coins are best positioned to bring in huge returns once the bull market starts to heat up.
Let’s dive in.
1. Rexas Finance (RXS)
Rexas Finance’s token, RXS, is one of the best cryptocurrencies to buy this December because its blockchain technology makes Real-World Asset Tokenization accessible to all.
Currently in presale stage 9, with a price of $0.125 and a total supply of $1B, the RXS token has raised $24M and sold more than $318M tokens, surely making big waves in the coming weeks.
Rexas Finance is one of the leading players in tokenizing real-world assets such as real estate and intellectual properties. It bridges some gaps to ensure a secure, transparent, and efficient solution to asset tokenization.
With its next stage price (stage 10) gearing at $0.150, most crypto pundits believe RXS will be the next big whale upon listing; hence, you should buy RXS.
2. Ethereum (ETH)
Ethereum is another top utility token to buy this December. Using a Proof-of-Stake model since 2022, ETH has become a greener alternative to BTC, as it has a reduced power usage.
Its smart contracts are run by the Ethereum Virtual Machine (EVM), which allows set agreements to be executed without a third party, ensuring the blockchain’s security and integrity.
Ethereum has certainly had to face intense competition from other smart contract platforms, but Sui, being among them, validators reach network security relatively cheaply on Ethereum, and crypto analysts believe that by the end of 2025, it can touch $5K-$10K.
The decentralized Blockchain platform Ethereum has seen a huge price growth, from about $1 in 2016 to an all-time high of $4000 in 2021 – a whopping 4000X returns.
This has made ETH an interesting token most crypto investors trade to make massive profits. So, why not bag some ETH this December? It sure is worth it.
3. Binance Coin (BNB)
Binance Coin (BNB) initiated its existence as an exchange token, later evolving to become a utility token for its ecosystem. The BNB blockchain is backed by a network that is EVM compatible and low on charges.
BNB holders benefit from airdrops of projects incubated by Binance through its Launchpool initiatives, which have helped boost the value of BNB.
At a market cap of 106B and an all-time high of $788 early in December 2024, crypto analysts believe that Binance Coin, BNB, will continue to “read green” throughout the year.
4. TRON (TRX)
Just like Ethereum (ETH), Tron is a utility token that applies the Proof-of-Stake model, supports Defi applications and smart contracts, and has a booming potential for massive profit.
As one may guess, Tron started out as a token on the Ethereum blockchain but later created and migrated to its own blockchain within its robust ecosystem.
The migration attracted wild price volatility for TRX in 2018, surging from around $0.04 to $0.21 and posting +400% gains in two weeks.
TRX’s ecosystem keeps developing, and many crypto investors expect its bull run.
5. Ripple (XPR)
Ripple (XRP) has a market cap of $139B, and its daily trading volume of $13B makes it a “strong” token in the crypto world. XRP relies on the Ripple Protocol Consensus Algorithm (RPCA), ensuring transactions are processed promptly.
The XRP Ledger has also explored RWA tokenization, making it a great buy, just like Rexas Finance (RXS).
Ripple (XRP), upon unveiling its stablecoin, RLUSD, to support its ecosystem, is expected to surge significantly in the coming weeks.
Conclusion
The next bull run has crypto enthusiasts hyped, and here are the top 5 utility tokens that will blow up your profits: Rexas Finance (RXS), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), and Tron (TRX).
For this reason
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!
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