What can be expected as the boom of crypto continues: whales—those valued businessmen with volumes of cryptocurrency—tend to stir things up quite a bit. Not so long ago, one more Ethereum whale with a jaw-dropping $130 million bag of ETH has turned some of the most optimistic investors in the market by reallocating some of his investments in meme coins and the up-and-coming project in the blockchain ecosystem. According to reports, the whale has exchanged part of his massive ETH holdings for relatively new digital assets such as Shiba Inu and PEPE Coin, which are the current favorites, and Rexas Finance (RXS), which is also a low-market cap coin. This action has led to even more assumptions concerning the future of these altcoins as well as what this bold step taken by the whale entails for the skeletal investors
Shiba Inu (SHIB)
Shiba Inu coin is at the very forefront of the meme coins that are found in the cryptocurrency space sometimes making it be referred to as the “Dogecoin Killer. Perhaps, with their highest brand and loyal followers, they have come up with a DeFi project called ShibaSwap, which is a DEX where the holders can stake, supply liquidity, and participate in governance. This development has broadened the attractiveness of Shiba Inu since it has widened the demographic of the offerings of the project to include more DeFi investors.At least one time it dropped to $0.0000182 on 30 September 2024. The price of SHIB has sustained its uptrend even as technicals showroom for correction. At present, SHIB has recuperated and at this time, it is at a high of $0.0000200. Still, it has a resistance level of $0.0000202. If SHIB goes on to surpass this level on the downside, there are higher chances the next level of $0.0000229 will be reached before new all-time highs are experienced by the close of the year. Experts say the price of SHIB in October can grow by about 34%. Price calculations indicate that it can approach the $0.0000221 mark within 10 days.Those who are looking at SHIB feel this Ethereum Whale’s interest is a good sign for potential wins down the line, as many feel SHIB is one of those coins that can produce millionaires again as it did in the 2021 huge round of price surges.
PEPE Coin (PEPE)
Another meme coin that has drawn the interest of an Ethereum whale is the PEPE Coin. With a devoted fanbase and a widening variety of partnerships, PEPE has been climbing higher and higher over the past month, even registering more than a 100% increase in gains. As of October 2024, the PEPE price is around $0.000013, which has increased from $0.0000029 and the daily trade volume has increased by more than 30% over the last 24 hours.Such a notable increase in both price and volume does point out that the token value still has some more upside, as an analyst envisages PEPE may even reach $0.0005 in an astonishing 28,000% surge. Currently, the token carries the rank of No. 22 in the cryptocurrency ecosystem and has a circulating supply of over 5.6 trillion PEPE tokens. Many investors have now shifted to PEPE aimed at the possibility of life-changing returns based on the fact that most people expect the coin will smash its previous highest mark at the end of the year. If you’re looking for a low-cost crypto investment that’s likely to perform extraordinarily well, circle PEPE on your calendar for the year 2024.
Rexas Finance (RXS)
As much of the spotlight was focused on meme coins, especially SHIB and PEPE, the Ethereum whale also placed an interesting bet on Rexas Finance (RXS), an upcoming rapidly rising star in blockchain. Rexas Finance buttresses that it is shifting the narrative of Real World Assets (RWA) from being a fashionable term into a practical business flatter. With the current trend of enclosure in an asset tokenization society, RXS is well-placed to take up a significant market position, attracting institutional as well as retail investors.RXS’s presale is already on fire, with Stage 4 of the presale being offered at $0.060 per token. The presale has been very promising, with a total amount of $2.75 million being raised and 65 million tokens sold. Cryptocurrency communities are aware that it is expected that this sale will be completed and the next stage will entail a price of $0.070 for each token. Some conservatives believe that early investors can expect very good returns, adding that there are expectations for the token to gain up to 45 times by early 2025. Taking into account the whale’s position regarding RXS, the majority are sure that the token’s price will rise above 0.20 after the token launch.And if the asset tokenization model is already remarkable for its originality, attracting, then Rexas Finance will attract even more due to such promotions as Rexas Millionaire Giveaway, where one lucky investor gets to win US $50,000 in USDT investing. Such a marketing trend, along with the technologically advanced and continuously novel platform, makes Rexas Finance one of the promising investment opportunities for the year 2024.
Conclusion
The fact that the big holder of Ethereum has opted to invest in Shiba Inu, PEPE Coin, and Rexas Finance clearly shows that confidence in the potential of these altcoins is growing. Shiba Inu is eons away from its all-time highs, PEPE is gaining ground rapidly and Rexas Finance presents a promising investment opportunity in asset tokenization. Hence, any crypto investor searching for a chance to cash in on the next breakout could consider mimicking the whale’s move.
For more information about Rexas Finance (RXS) visit the links below:
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