Three Cryptocurrencies are attracting investors’ interest—Solana (SOL), Shiba Inu (SHIB), and Rexas Finance (RXS)—as the crypto market gets ready for what might be one of the largest bull runs of 2024 this fall. Recently, these projects have been generating waves in the crypto market, each with special qualities and encouraging signals implying notable growth potential. Solana recorded a massive increase in daily active addresses; Shiba Inu recorded an anomaly in large transactions; and Rexas Finance is setting the pace with its incredible feat in its RXS token ongoing presale. Are these coins preparing to show dramatic expansion this fall?
Solana (SOL): Rebounding After a Setback
Thanks to its fast, low-cost transactions and growing use cases in distributed finance (DeFi) and NFTs, Solana has confirmed its place among the top altcoins available. Despite a strong rally during the February-March 2024 bull run, where SOL reached a high of $202.37, the coin faced a sharp retracement due to network issues and the broader market dip following Bitcoin’s post-halving correction. Solana’s price dropped below the $110 mark, making some investors start to wonder whether its positive days were behind it. However, Solana is now on the rebound. Daily transactions in the network have increased by 22%, and on September 11, 2024, the platform noted the biggest single-day increase in active addresses—adding over 5.4 million fresh addresses. With analysts projecting SOL might surpass crucial resistance levels and may reach $200 if it maintains pace, especially as the Solana Breakpoint conference approaches later this month, these encouraging events have spurred fresh enthusiasm in the coin.
Shiba Inu (SHIB): Preparing for the Next Meme Coin Frenzy
Often seen as the little brother of Dogecoin, Shiba Inu has always been central in meme coin conversations. Following an astronomical boom in popularity in the bull season of 2021, after entering the crypto market, SHIB was unable to grow further. Even so, the audience continues to be very active, and the development team is directed towards making various improvements in the token utility, including the Layer-2 scaling solution, Shibarium. However, crypto market volatility has affected its growth due to its speculative nature. This raises the question of whether the next hype of meme coins can be extended towards the price of $0.0001. At present, Shiba Inu is trading well below its all-time high, but analysts are not ruling out the possibility of a comeback. The recent spike in large volume transactions, while tagged an anomaly, has pushed the coin to the limelight. With its current trading price around $0.0000075, some experts believe that if a broader meme coin resurgence occurs, SHIB could see a significant spike in value. Taking into account the tremendous social community building around SHIB and new developments, like the Shibarium release, the price of the token is likely to go up in the upcoming months.
Rexas Finance (RXS): The New Player with Massive Potential
Despite being relatively new to the world of cryptocurrency, Rexas Finance has very ambitious plans regarding the tokenization of real world assets and has started very strong. Its presale has been very successful, as the first stage was completed in only 72 hours, generating $450,000. The second presale stage, currently at $0.04 per RXS token, has attracted a massive turnout within two days. Rexas Finance, in contrast to Solana or Shiba Inu, does not rely on either blockchain technology or the status of a meme coin. Instead, it offers an opportunity for investing in tokenized real-world assets such as real estate, gold and art. What makes Rexas Finance stand out is its potential to revolutionize asset ownership. Providing an opportunity for tokenization, Rexas allows anyone to own a fraction of a high-value asset. In an already valued trillion-dollar market of real estate and commodities, Rexas Finance sees a huge opportunity for which there is still plenty of room for expansion. Analysts say that it would not be difficult for RXS to add two zeros to its listing price of $0.20 and could reach $5 if the fall witnesses a prolonged bull rally.
Solana (SOL) to $500, Shiba Inu (SHIB) to $0.0001, Rexas Finance (RXS) to $5 Could Be a Reality This Fall
These three cryptocurrencies continue to flash bullish signals as they all approach the fall of 2024. Solana, because of the growth in the number of active users and transactions on the network and the forthcoming Breakpoint conference, could take the coin above $200, and some expect a possibility of a rally towards $500 in case of a prolonged bull run. Shiba Inu, on the other hand, has not lost its place in the hearts of those who adore meme coins, and in light of another possible meme coin frenzy, SHIB may charge $0.0001. Similarly, Rexas Finance is remarkable for its practical use cases. Since it is a platform oriented towards the tokenization of real-world assets, Rexas Finance is set up to gain well in the coming weeks as it attracts investors interested in such markets as real estate or commodities. Given that the presale has already experienced impressive interest, RXS is likely to do even better than its competitors, particularly given its affordable entry price and good tokenomics. The coin could be on its way to the $5 mark in no time.
Conclusion: Rexas Finance Could Be the One to Watch
While Solana and Shiba Inu have proven themselves in previous bull runs, Rexas Finance is quickly establishing itself as a contender for significant growth this fall. For investors interested in joining Rexas Finance’s second presale stage, the process is straightforward. At $0.04 per RXS token, participants can purchase the tokens directly through the Rexas Finance website using Ethereum or other supported cryptocurrencies. With a listing price expected at $0.20 after the presale, early investors stand to benefit from a 6x return. The presale will continue until all allocated tokens are sold, so early participation is highly encouraged for those looking to maximize their returns.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
