Rexas Finance (RXS) has been making headlines recently, notably amongst large-scale investors, or in crypto language, “whales.” Its claims have caught the interests of these seasoned investors so much, and would it be able to duplicate the jaw-dropping rise of Solana?
Solana (SOL) Historic Run
At the moment, Solana (SOL) trades for $150.41 a piece with a $4.22 billion trading volume within 24 hours. It has strengthened its value by 6.97% in the last 24 hours, which is quite impressive for one of the best-performing currencies in the market. I would also like to point out that the current circulating supply of Solana is 468.49 million for a market cap of $70.47 billion the internet yields. However, one must caution that the rise to popularity of Solana was not any recent blow-up average. Having kicked off in March 2010, the coin stayed in the band of $0.5 to $1.5 for the rest of the year. However, this surge took place in the 2021 crypto bull cycle, where in May 2021 SOL reached $55.91 and the all-time highest price of $258.93 was in November 2021. Such explosive growth makes many investors and analysts think: is Rexas Finance (RXS) next in line with Solana?
Understanding Rexas Finance (RXS)
Rexas Finance is a valuable service that assists in the tokenization of different assets. One of the most remarkable qualities of Rexas Finance is its simplicity effect. It does not matter if a person wants to tokenize a piece of real estate or an organization seeks to improve asset management capabilities – Rexas Finance offers such features and assistance. At the moment, RXS, the utility token within the platform RXS has a cost lower than $0.08 which provides potential early buyers a rare chance to be a part of what is likely going to be the next best thing in asset management. Out of the maximum, RXS has already sold out the first two stages of its presale with 425,000,000 tokens lower than what was predicted. Stage 1, which is part of the presale, was able to release 15,000,000 tokens at $0.03 for each grossing $450,000. Stage 2, costing $0.04 per token more tokens has raised $1,250,000 in additional funds for Rexas Finance. The token is in its third presale stage costing $0.05 which means there’s demand and there’s growing confidence in the investors.
Why Are Whales Investing Heavily?
Whales are known to influence the market since they represent large sums of investments. They are known to notice the huge potential to sink so much money into a particular investor. But what reason have the whales found to pay their attention to Rexas Finance?
1. Early-Stage Opportunity
One of the primary focuses is that, just like how Solana presented itself back in 2020, Rexas Finance is an early-stage investment opportunity. Considering that RXS is still in its presale stages and is priced below $0.08, investors are adopting a potentially high-risk, high-converse strategy early on, as the adoption of the platform continues to grow.
2. Tokenization as a Growing Market
The tokenized asset market is still at the beginning stage but analysts think that it’s bound to grow quickly. Asset tokenization will reach a $16 trillion market.
3. Strong Presale Performance
Rexas Finance can replicate the price history of Solana. It will be recalled that Solana had started by appreciating gradually until the 2020 bull market. Early investors in RXS are striking gold right now since the coin is in surplus supply.
4. Potential for Price Surge
Rexas Finance is likely to follow the price trajectory of Solana as well in the future. After being more or less flat in the year 2020, Solana surged and supported early investors in the 2021 bull run. RXS is also at a low price right now which also seemingly presents the same space for huge upsides as its certain tokenized market.
Conclusion
Rexas Finance RXS has several features that may help it to be an impressive success. The company now seeks to optimize its business model through innovative asset tokenization technology and strong presale performance and new whale interest suggests that RXS has a chance of repeating Solana’s outstanding performance. Rexas Finance is certainly one of those new currencies that definitely should stay on the lookout for those investors who are searching for the next big bang on the cryptocurrency market.
For 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
