As we draw closer to October often referred to as the ‘Uptober’ in the cryptocurrency world which is seen as a good month for the price of crypto, crypto whales are busy accumulating some of the best altcoins.
In particular, three tokens of this class seem to stand out this year to captivate the attention of these rich investors. These are Rexas Finance (RXS), Ripple (XRP), and Toncoin (TON). So, why are these altcoins still going strong, and why whales are joining the party?
Rexas Finance (RXS): The Power of Real World Assets Tokenization.
Rexas Finance (RXS) is rapidly gaining a foothold over the tokenized real-world assets (RWA) market as it allows its users to lock any real assets like real estate, exquisite art, and raw materials. This allows fractional ownership to a wider array of investors thus making it possible for high-ticket items that were once enjoyed by the rich elite. Whales expect RXS to appreciate as a long-term play as it has use cases and an evolving substructure.
Why Whales Are Buying Rexas Finance:
- Real World Value: Through the concept of asset tokenization, Rexas Finance aims to enhance security and value which are essentially not sellable to the wrath of speculation.
- First-rate tokenomics: The limited supply and incentive mechanisms are made to promote positive action in the long run, which is a plus for big investors.
- Profit opportunities: As the token remains in the presale phase with a price of $0.04, the rising price predictions RXS of $15 to $20 by the year 2025 are quite feasting for early adopters.
Ripple (XRP): Redefining Cross-Border Payment
XRP is the one digital asset that no cryptocurrency trader claims to be unaware of or does not own. Ripple has emerged from fights with the SEC much better than we predicted and has even won some key cases which has boosted the morale of the investors.
Why Whales Are Accumulating Ripple:
- No Market Restrictions for Ripple: For Whales, it is important to consider the regulatory environment for any project they invest heavily in and Ripple has repeatedly enforced this point since the beginning of his hearings at the SEC. Encryption has made it possible for regulatory developments to take Ripple to further heights.
- Set out Institutional Enterprises: Banks and financial institutions around the world are looking to adopt Ripples technology and there is no end to its practicality in the form of cross-border payment in the real world.
- Price Stability and Growth Potential: Despite the lawsuits XRP has been involved in, it has managed to stay grounded and is holding at around $0.5 at the moment. Whales are also looking at this as a good time to buy whips especially because Ripple is gaining more regulatory support as well as other push for adoption.
Toncoin (TON): The Open Network Revolution
Toncoin (TON) is the native cryptocurrency of The Open Network or Ton network which was created by the private instant messenger, Telegram. Providing decentralized technologies, TON infrastructure features fast transaction processing and low rates. Being one of the parts of building Web3, toncoin has also been emerging quickly as one of the major players in the DeFi market.
Why Whales Are Moving Into Toncoin:
- The Support of a Major Platform, Telegram.
- Vision of the Internet Without Centralization
- Scalability and Adoption: At the moment the price of Toncoin is around $5.30 and Whales are hoping for an increase in its ability to scale up to 25x
Conclusion
Looking at the historical trends of the cryptocurrency market, the next several weeks and even months should be a good opportunity for investors who are currently buying Rexas Finance, Toncoin, and Ripple. Toncoin is targeted towards the upcoming decentralized web.
Apart from that, Ripple gives regulatory certainty and mass adoption to the world of cross-border payments. It does not take a crystal ball to see that these three altcoins are likely to be propelling forces in the coming of ‘UptoBer’ And so the whales are seizing any opportunity to hoist these coins before their prices explode.
For more information about Rexas Finance (RXS) visit the links below:
Website | Whitepaper | Twitter/X | Telegram
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