NEW: FREE Web3 Resume Cheat Sheet DOWNLOAD NOW

Here’s Why Dumping Polygon Now Makes Sense: 3 POL Alternatives to Buy Before the Bull Market Takes Off

Comparing Polygon (POL) to other top cryptocurrencies, it has not performed well in the last several weeks. Polygon’s gloomy trend might continue, given its 6.6% price decline since late September, and almost 95% of its holders are sitting on unrealized losses. Many investors are searching for alternatives that might perform better during the upcoming bull market because technical signs point to greater downward pressure. Sui (SUI), Fantom (FTM), and Rexas Finance (RXS) all present enticing chances.

Polygon’s Struggles and Dimming Outlook

Many investors are disappointed in Polygon after the company underperformed in September. The transition from MATIC to POL tokens was received with hope, but by the end of the month, POL’s price had fallen from $0.446 to $0.3775. September was Bitcoin’s best-performing month in over a decade, with 8% gains during the same period, in sharp contrast to this dramatic decrease. To further compound this dire situation, data from IntoTheBlock indicates that unrealized losses are a concern for up to 95% of POL investors, including 81% of long-term holders. Nor are technical indicators very encouraging. POL’s price may continue under pressure to decline as the 200-day Simple Moving Average (SMA) crosses below the 100-day SMA, indicating a loss of momentum. The recent hard fork updates of Polygon have improved the token’s functionality but haven’t had a beneficial effect on its price yet. As a result, many investors are thinking about quitting POL in favour of better-performing investments like Rexas Finance.

Rexas Finance (RXS): A New RWA Powerhouse

Rexas Finance (RXS), which focuses on real-world asset tokenization, provides a distinctive and profitable substitute for Polygon. Rexas Finance leverages the enormous global real estate market, which is estimated to be worth over $379 trillion, by allowing users to purchase fractional ownership of valuable assets like real estate and commodities through the use of blockchain technology. This makes owning assets globally possible without the customary high entry barriers, which makes RXS an exceptional option for investors with a forward-thinking outlook. Raising $2.75 million in Stage 3, Rexas Finance’s presale was an overwhelming success. As of right now, the presale price is $0.06; the subsequent stage will be $0.07. Because of its numerous applications and increasing investor interest, analysts predict that if the coin is listed, it may yield returns of up to 150%. With 425 million tokens set aside for the presale and 1 billion in overall supply, the project’s tokenomics are intended to foster long-term growth independent of venture capitalist influence, maintaining a decentralized and community-focused approach. The unique features of Rexas Finance augment its allure. With no technical knowledge, users can effortlessly tokenize real-world assets using the Rexas Token Builder, converting them into blockchain-based tokens. Additionally, the platform offers Rexas Estate, which democratizes access to high-value assets by facilitating international investments in tokenized real estate. The Rexas Launchpad is a complete ecosystem for developers and investors, offering a secure and effective setting for raising capital and introducing new tokenized enterprises. Rexas Finance has also introduced a $1 million giveaway campaign, with the possibility of being among the 20 lucky winners to win $50,000 USDT. This contest promotes wider ecosystem participation and brings attention to the project. As the cryptocurrency market moves closer to the next bull run, Rexas Finance is well-positioned to prosper with its creative approach to tokenizing real-world assets and expanding community.

See also  Ripple (XRP) Price Prediction: Will XRP Hit $5 or $2 First as Rising Competitor at $0.20 Shines in Investor Portfolios

Sui (SUI): An Emerging Talent Driven by Memecoins

With a 111% rise in the last 30 days, Sui (SUI) has been one of the best performers in the cryptocurrency market. The rapid rise of meme coins on its platforms, such as Aaa cat (AAA) and Suiba Inu (SUIB), which have gained 430%, added to the enthusiasm surrounding the Sui blockchain, is what caused the price of SUI to jump from $0.742 to $2 in less than a month. Sui’s network’s total value locked (TVL) has increased by 63% to over $1 billion, reflecting the spike in transaction volume on the platform. Sui is becoming more and more relevant, and this surge in network activity positions it as a major participant in the DeFi and memecoin fields, giving it a good option for investors looking for significant growth potential in the impending bull market.

Fantom (FTM): Steady Growth Potential with Significant Upgrades

Another alluring substitute for Polygon is Fantom (FTM), particularly in light of Sonic Labs’ recent announcement of a 200 million token airdrop. This deflationary token mechanism has sparked rekindled investor interest in addition to significant blockchain improvements made by Fantom, such as a shortened finality time and an improved database system. Fantom’s price is getting close to the crucial $0.70 resistance level after rising by more than 4% in a single day. FTM could easily cross the $1 threshold if purchasing enthusiasm persists, paving the way for substantial gains in the upcoming months. The release of the Fantom Virtual Machine (FVM) and other important enhancements is expected to enhance the platform’s efficacy and attract more users and developers. Fantom is a strong candidate as the crypto market prepares for the next bull run since its great foundations and upcoming developments position it for constant development.

See also  Crypto Traders Keep an Eye on This New Meme Coin — Could It Be the Next 1,200x Jackpot Like TURBO Once?

Conclusion

Going into the next bull run, It makes sense to steer clear of underperforming assets like Polygon (POL). Rexas Finance, Sui, and Fantom present attractive options with solid foundations, noteworthy advancements, and substantial growth prospects. With its emphasis on real-world asset tokenization and community-driven methodology, Rexas Finance, in particular, stands out and gives investors a unique chance to profit from the upcoming wave of blockchain innovation. Don’t pass up these new prospects; put money into Rexas Finance now to set yourself up for significant profits.

or more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

Share link:

Disclaimer. This is a Corporate press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Subscribe to CryptoPolitan