The whale, who is well known for holding assets until they reach their peak, explained his decision in simple terms: Rexas Finance has the potential to be his next 100x token.
A well-known crypto whale has recently shifted his focus to a promising new project called Rexas Finance (RXS), following a successful long-term hold with Polygon (POL). This whale, renowned for his strategic investments, has reportedly decided to bet big on Rexas Finance.
According to sources close to the investor, he purchased a significant amount of Rexas Finance tokens during stage 4 of the presale, with a total investment exceeding $50,000. The whale's average entry price for RXS tokens was around $0.060.
The whale's decision to invest in Rexas Finance was reportedly driven by several key factors. He was particularly impressed by the project's goal of tokenizing real-world assets (RWAs), which he believes could revolutionize the blockchain industry.
Another aspect that resonated with the investor was the team's decision to forgo venture capital (VC) funding. This move aligns with the project's aim to prioritize retail investors and democratize access to high-value RWA opportunities.
The whale, who prefers to remain anonymous, is known for holding assets until they reach their peak, and he expressed optimism that Rexas Finance could deliver 100x returns for early investors, stating, "I'm expecting a 100x from Rexas Finance."
With a starting launch price of $0.20, the token's early presale investors stand to gain substantial profits if it reaches this target. As of now, the total funds raised during the presale have reached $2,750,000.
Having completed an important task, Rexas Finance is now preparing for the upcoming launch and aiming to introduce blockchain-based solutions to traditional industries.
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