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Cryptocurrency News Articles
XRP Price Explosion to $4 So Close as Big Investors Accumulate, but XRP Isn't the Only Token They're Buying
Dec 14, 2024 at 06:00 pm
All the speculations in the crypto space are because XRP is on the verge of reaching $4 as it progresses. Apart from the surge of whale movements to
XRP’s price is nearing the $4 mark as major investors accumulate crypto. But XRP isn’t the only token they’re buying.
Here's why XRP might reach $4 again, and a new crypto called Rexas Finance (RXS) is gaining attention for tokenizing real-world assets.
XRP’s price has been on a tear of late, surging by over 2000x from its all-time low. Several factors are contributing to XRP’s bullish momentum, including the increasing adoption of Ripple’s cross-border payment solution and the upcoming launch of Web3 services.
One of the most critical aspects of XRP’s tokenomics is its total supply, which stands at 100 billion tokens. Of these, around 52 billion are currently circulating. This scarcity, combined with the rising demand from institutional investors, has been a key driver of XRP’s growth over the years.
Analysts believe that XRP’s price will eventually return to at least $4. This is hardly surprising, considering that XRP can be used to transfer large sums of money between banks and financial networks at a fraction of the current cost.
While XRP is dominating the remittances and payments market, another token is quietly making waves for its out-of-the-box thinking and real-world application. Enter Rexas Finance (RXS).
RXS is gaining traction in the blockchain space for its unique concept of tokenizing real-world assets, allowing users to own a fraction of tangible properties. Rexas Finance fractions of high-value assets combine both gestational finance and decent, realized finance.
By providing everyday users with access to markets that were previously closed off due to illiquidity, RXS is opening up opportunities that were once reserved only for institutional players. This exceptional proposition is further bolstered by the token's ecosystem, which features the QuickMint Bot for effortlessly creating tokens and the Rexas Treasury for AI multi-chain yield farming.
The RXS token has an absolute unredressed cap of 1 billion. This means that no matter how much the demand increases, the scarcity will always be there. The token has also managed to gain a lot of trust, as evidenced by investors’ confidence and faith, with over $25 million being raised across nine presale stages, giving this token a fighting chance against giants like XRP.
With an expected listing price of $0.20, it seems like there is only more room to go up, as analysts are predicting a price of $50 at the next market cycle. While there are many speculatively driven tokens in the market, RXS is a token with usable value based on the facts on the ground.
XRP and RXS both benefit from the same market dynamics that fueled XRP’s rise and pumping. The focus has now shifted to the currency's utility. In the realm of cross-border payments, XRP takes the lead, but RXS offers an alternative for navigating the burgeoning DeFi and asset tokenization markets.
The period when XRP was trading just below the $4 mark was pivotal in its history, highlighting the crucial role played by an institution's utilization of XRP. But for those seeking a new development to follow, there is another institution that investors can turn to.
Equipped with the right know-how on RWA tokenization, appropriate tokenomics, and the presence of rattled markets, RXS is the next big thing and not just another speculative token.
As major investors pile in, the future of crypto is clear for both XRP and RXS, driving strong utility, being able to scale, and unleashing unprecedented growth. Whether investors aim to see XRP as the leader in remittance services or in a new era in asset management with Rexas Finance, the advancements of this industry are just starting.
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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