The cryptocurrency buzz can be heard due to the happenings taking place and the current developments. There have been a few important things that have happened in the last few weeks. The much-anticipated Shiba Inu (SHIB) finally displayed hope with a huge bullish run, the Grayscale XRP Trust looks to be on the verge of declaring an ETF and even more impressively Rexas Finance (RXS) is making noise after hitting over $1.7M on presale.
Let us look at where the changes are taking us and their importance.
Shiba Inu (SHIB) Bullish Signs, No More Hibernation
Shiba Inu (SHIB), which is one of those meme coins in the evolving ecosystem of cryptocurrency, is back in the headlines again. Shiba Inu went silent for a while and retested the $0.00001125 support level before an 86.01% jump. This increase from the recent low captured the attention of traders and analysts of a possible uptrend. For the investors of SHIB, this may be the beginning of the great as the token seems to lose its weakness and start upturn on the market.In the past few months, SHIB has made some gains due to market trends and interest in meme tokens. Also, since its wallets made their transitions, additional work on projects such as ShibaSwap and NFTs brings the investors more utility of the token. This price increase has given the SHIB Army a glimmer of hope that this token may now be free from historical trends and standing a good chance of recording substantial profits over the next few months.
Grayscale XRP Trust Could Pave the Way for an ETF
In the background, the news about the establishment of the Grayscale XRP Trust is a potential shift for the whole cryptocurrency space. This is especially so for a properly forecasted XRP ETF that in the view of many fans is a more thorough game than a trust which has a lower scope of investors. An XRP ETF would require approval from the U.S. Securities and Exchange Commission (SEC) and according to those in favor of the trust, one day such approval would be given.Grayscale’s XRP Trust is meant to facilitate the acquisition of XRP by institutional investors without physically holding the cryptocurrency. Yet, in light of the recent legal resolution over XRP’s role after its partial victory over the SEC, it is logical to think about an ETF next. It would create UX for everyone allowing the exchange of XRP and this would take the adoption of the currency to its next level.As the developments of an XRP ETF are lauded, the prospect of even more Thatcher could shift focus on optimism again over the dynamics of the crypto market. An XRP ETF will be the first of its kind on the wider market but more if other crypto ETFs are approved.
Rexas Finance (RXS) Presale Makes More Than $1.7M Within What Seems Like Minutes.
Market focus seems to be on SHIB and XRP but Rexas Finance (RXS) is busy upgrading the RWA tokenization market. All in all, the Rexas Finance presale has been quite a remarkable raising over and above the $1.7 million mark, within days. Stage 3 of the presale is now 70.39% complete with 45,756,676 RXS tokens sold in total since the presale went live and $1,790,531 raised.The presale journey of Rexas Finance has been great. It started the presale at the price of $0.030 in Stage 1, which increased to the token for $0.040 in Stage 2 and is presently holding the price of $0.050 in Stage 3. If RXS is issued for about $0.20, then early investors are sitting on the returns of their investment which could be upward of 300%. The sale of RXS tokens has been tremendous, with the presales setting new records daily.One of the biggest advantages of Rexas Finance is the fantastic ability to tokenize real-world assets in a new creative way. If you are looking to invest in a luxury apartment in New York or buy a piece of a vineyard in Italy, Rexas Finance makes it easier even if you are in the comforts of your home. Structures that allow the purchase of assets like real estate and its derivates based on the extent to which one is willing to invest.
In addition, the founders of Rexas Finance did not seek venture capital for growth but have opted for ease for citizens wanting to invest early. For the citizens concerned, this is a rare period when individuals are likely to be part of the potential project with the capability of transforming the RWA market forever while enjoying good returns.
Conclusion
The meme token status of Shiba Inu seems to have finally been left behind. It is still fresh in memory that Grayscale’s XRP Trust intends to break ground by offering a game-changing ETF. A case in point is Rexas Finance which has had a highly successful presale and if this is anything to go by, tokenizing real estate assets is the next big thing in Blockchain. For whatever circumstances you seek new horizons in investment portfolios and want to play new trends now taking shape in crypto, it would be logical to note Rexas Finance. A presale price was set at $0.050, yet the projected launch price is at $0.20; hence it’s understandable that the RXS Token is fast on its way to selling out. Fasten your belt, this journey is just beginning!
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