According to several cryptocurrency analysts some of the coins with a solid image, such as Cardano (ADA) and Ripple (XRP) could be heading for a significant downtrend. Even as these giants struggle with their momentum, a new player in the market Rexas Finance (RXS) seems set to grow tremendously, with some forecasts estimating its market price could rise to a new all-time high of $20 within the next months.
Cardano (ADA) and Ripple (XRP) look set to decline
Cardano, which was once viewed as a competitor of Ethereum, could be in for a further decline, according to some analysts, with the price currently stuck at $0.35. The forecast drop is because the improvements in the network have not led to an equal rise in interest from investors.
Similarly, Ripple (XRP) has its own issues as well. XRP’s price plummeted after peaking on the back of the SEC lawsuit results. At this juncture, Ripple is trading at $0.50, and the future of this coin is not too bright according to many insiders, as investors are now looking for relatively new tokens that offer better returns.
XRP and ADA have both failed to gather many keys in terms of their market share. But one budding DeFi platform, Rexas Finance (RXS), is making heads turn and overtaking stronger competitors just because of its strong fundamentals along with its potential.
Rexas Finance (RXS) eyes $20 All-Time High
Rexas Finance (RXS) has performed exceptionally well so far. From the lower end of a £0.03 presale price, which has now reached approximately £0.06, the coin has increased by up to 100% during its first presale stages. This quick rise has drawn the attention of retail as well as whale investors.
As the RXS token is in its fourth presale stage, which means the listing price is on the edge of $0.20, massive post-launch growth could be on the cards within the next few months, according to several market forecasts.
Real Estate tokenization fuels growth
The recent upsurge in growth for Rexas Finance is attributed to its revolutionary approach towards real estate tokenization which facilitates the tokenization of real-life possessions meteorically. This opens up new avenues for liquidity and investment. Due to the provision of real-world utility, RXS has so far risen within the ranks of the DeFi world, even outpacing ADA and XRP when it comes to functionality.
In consideration of the…