Whales Buying Heavily Into Solana (SOL) and Rexas Finance (RXS) in October 2024, Here’s Why
Why Whales Are Betting Big on Solana & Rexas Finance in October
As October 2024 hits its full swing, the big-money investors who are generally called ‘whales’ are making surprising moves in two of the latest cryptocurrencies. One is Solana (SOL) and the second one is Rexas Finance RXS). Wondering what made these worthy individuals invest in both tokens this month? Well. Both tokens have been on a great bullish time spiral lately and keen observers, especially seasoned ones, are ready to take advantage of any great price action.
Solana (SOL) Surges on Bullish Momentum
Recently SOL resisted further dipping below a critical support level of $126 and is now up a staggering 26.50% and changing hands at the time of this writing at $161.90. Technical forecasters for such who have not reached the ceiling limit for this optimistic perspective predict that it may be at $210 before the following month's general month comes to a close – October. The reason why Solana continues to garner the attention of whales is that it has already demonstrated beyond any question that it is a high-performance blockchain. The ecosystem is expanding and expanding rapidly and as more and more dApps, NFTs, and DeFi projects are getting developed, SOL still provides great benefits. October is expected to be the breakout month investors were looking forward to whereas everybody else believes the second half of the month will be bullish for Solana. But it should be borne in mind that not only Solana holds under the spotlight. Another token that has become the center of attention from investors is Rexas Finance presale, which is an up-and-coming player in tokenizing real-world assets.
Rexas Finance (RXS) – Changing The Game In Real-World Asset Tokenization
Starting its presale at the beginning of September 2024, Rexas Finance has managed to complete two stages in just three weeks. Now in its third presale stage, the price has increased by 66.67% which has helped early investors obtain returns of 1.67x. As of this writing, the presale price is standing at $0.050 and the analysts say that it will have increased by 300% by the time it gets listed at $0.20. By the time it gets listed on exchanges with a market price of $0.20, Rexas Finance could make a return of 4x ROI to its earlier investors. So back to our initial question, why are whales investing in Rexas Finance? It boils down to the innovative concept that the platform seeks to address which is tokenizing real-world assets. With total addressable market potential running to trillions of dollars, Rexas Finance is targeting huge markets such as real estate ($379.7 trillion), gold, and other commodities ($121.2 trillion), as well as the fast-rising market for art and collectibles worth $65 billion yearly.
Why Whales Are Excited About Rexas Finance?
Rexas Finance does not merely create a platform for the tokenization of best's assets; they are transforming that also. And with just a click, they can purchase full or fractional ownership of luxury properties, fine arts, etc. Additionally, Rexas Finance's token builder enables anyone to tokenize their assets without writing even a single line of code thereby empowering the common user. For those who want more, the Rexas Launchpad provides an opportunity to use it for fundraising for new token projects and that's just where the tokenization of assets doesn't stop. The ecosystem accommodates the standards of various tokens like ERC-20, ERC-721, and ERC-1155 hence flexibility. Bolt the presale hype to this and the whales perceive Rexas Finance to be that anchor in revolutionizing the tokenization of real-world assets.
The Sky’s the Limit
The bullish tone is evident with whales taking both Solana and Rexas Finance in October. With Solana on a steady uptrend and projections of breakout to $210 in addition to Rexas Finance's current presale and potential 4x ROI, everything has set itself for big investments. For those contemplating taking action in the current market, it may now be time for a follow-the-trades approach and jump on to these projects with great potential before they take off completely. Both tokens are well-positioned to be at the forefront of what is likely to be a historic month for the crypto 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
