- December 9, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post After Ripple (XRP), Here Are the 5 Cryptos That Can Pump The Same appeared first on Coinpedia Fintech News
After XRP shot beyond Ethereum to become the third most valuable cryptocurrency, the market was in some level of interest as people have been in search for some other cryptocurrencies which could be made the next big thing. XRP’s price jumped to $2.7, its market cap soared to $142 billion, and passed Solana and USDT, drawing attention to other cryptos also charting strong growth. Here are five cryptocurrencies that are stirring the hornets nest and are investing.
Rexas Finance (RXS): The Rising Star of RWA Tokenization
Rexas Finance (RXS) is taking the lead in the RWA tokenization race. RXS is currently in its presale phase and has already raised over $21 million, indicating a high demand for the newly launched token from investors who are confident of its potential. In Stage 9, the presale is priced at $0.125 but is expected to rise to $0.150 in the next stage. With an eye towards tokenizing real-world assets, allowing for fractional ownership and increased accessibility to high-value investments, this rapid growth can be seen as part of a larger trend.
CertiK audited and verified RXS’s security and legitimacy. With the current presale momentum, some analysts predict that RXS has the potential to return investors 62,790%. Additionally, the project is listed on CoinMarketCap and CoinGecko adds to its credibility and attracts a wide variety of investors seeking to exploit this new way of managing assets.
Click Here To Buy Rexas Finance (RXS) Presale
Stellar (XLM): A Solid Performer with Growth Potential
Another cryptocurrency that we’re seeing gain traction, trading at about $0.5728, is Stellar (XLM). In the past month, XLM has ballooned to a staggering 523.21% rise, which has grabbed the attention of both retail and institutional investors. According to analysts, XLM could retrace to a key Fibonacci support zone at $0.3851, before bouncing back to higher targets of $0.6396 and possibly $0.8278.
As a key player in the crypto universe, Stellar has focused on enabling cross-border transactions, which has placed it at a critical point in the digital finance transformation. This assists in boosting its utility and adoption and makes it a viable option for anyone looking to diversify their crypto portfolio.
Polkadot (DOT): The Multichain Visionary
Polkadot (DOT) has risen 137.39% over the last month to trade at around $9.14. Analysts are comparing Polkadot’s trajectory to its explosive growth during the 2020-2021 bull market. According to predictions, if this trend remains, DOT could reach up to $50.
The multichain architecture of Polkadot enables interoperability of different blockchains, which makes it an attractive choice for developers to build decentralized applications (dApps). With this new technology, Polkadot is well-positioned to meet the demand for convergent blockchain solutions.
Chainlink (LINK): Bridging Real-World Data with Blockchain
The current chainlink (LINK) price is $21.69, with a Market Cap of $4,289,093,890, the price is up 94.55% in the last 24 hours and up 94.55% in the past month. Chainlink’s partnership with 21X is one of the biggest developments of Chainlink as 21X became Europe’s first tokenized securities trading and settlement system.
This collaboration serves to further reinforce Chainlink’s position as a facilitator of real-world data on the blockchain, and further the use of blockchain in numerous sectors. The more projects that need reliable data feeds to interact with smart contracts, the more critical Chainlink’s decentralized oracle network. Indeed, as LINK continues to broaden its ecosystem and establish itself as a leader in decentralized finance, investors are keenly watching LINK to see what’s to come.
Hedera (HBAR): Quietly Revolutionizing Blockchain Technology
Hedera (HBAR) is trading for around $0.2859 and has had an amazing 535.94% increase in the last month. It is not a typical cryptocurrency that focuses on hype alone, instead, it is quietly building a robust foundation for future blockchain applications with enterprise-grade adoption. Drawn to environmentally conscious investors, Hedera is an incredibly fast and secure network with carbon-negative operations.
Hedera’s collaborations with top companies like Google and IBM only add to its potential as a Web3 infrastructure backbone. The market traction that HBAR continues to pick up has it well placed to take advantage of long-term growth thanks to its innovation and sustainability commitment.
The cryptocurrency market is going through an innovative and strategic partnerships phase across different projects. Since the XRP’s success, investors have been increasingly looking at RXS, XLM, DOT, LINK, HBAR, and every other token that has shown signs of growth. Each of these cryptocurrencies offers different opportunities for growth and diversification in an investment portfolio.
In order to capitalize on the next wave of cryptocurrency advancement, investors will need to stay apprised of what’s happening in the market as it progresses.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance