The post What’s Next for Toncoin? Whales Aggressively Moving Their Money Out of TON to Competitor Rallying Towards $0.10 appeared first on Coinpedia Fintech News
Toncoin (TON) has recently experienced a hard phase in the market which was characterized by unceasing loss in value. In June 2024 when the price of TON peaked at $8.28 which is the all-time high of TON, there has been a fall of 46.20%, and as of the moment of writing it trades at $5.41. Most of the market has been spooked by the declining price trend because, still, the coin has made lower highs and lower lows. Since most analysts predict that TON could soon touch the support area of around the $3.50 mark, a lot of investors are having second thoughts. Notably, whales are already moving their funds out of Toncoin in favour of a promising competitor: Rexas Finance (RXS).
Toncoin’s Struggles: Downtrend Persists
Toncoin began 2024 on a positive note, climbing to a high of $8.28 in June. However, it has since been slashed almost half of that value and the prevailing trend suggests that there is more room for losses. According to analysts, the key levels to look out for are $3.50, with many feeling the TON could be headed for worse territory if this region is penetrated. This has sparked a sense of urgency among large investors, particularly whales, who are now seeking better opportunities elsewhere. The question on many minds is: where are the whales heading next?
Rexas Finance (RXS): The New Favorite for Whales
As whales pull their money out of Toncoin, they are directing their focus towards Rexas Finance (RXS), a rising star in the real-world asset (RWA) sector. Currently, in presale stage 4, Rexas Finance is priced at $0.060 after seeing a 103% surge from earlier presale stages. This rapid appreciation, combined with its innovative approach to real-world asset tokenization, has made it a compelling alternative for investors looking to ride the next wave of growth. Rexas Finance is clearly on the upward trend, the same cannot be said about TON which has not been able to sustain the upward trend it achieved. The project has already pulled in more than $2,750,000 in the presale, exhausting 65,000,000 RXS tokens. Those who got in during stage one have doubled their money and this is not the end of the growth of the token.
Rallying Towards $0.10: A 66.67% Upside
The presale of Rexas Finance is becoming more and more appealing as it gets closer to stage 8 the last stage at which the token price will be $0.10. At the current price of $0.060, this implies an increment of 66.67%, which is quite good news for those who want a high yield. With the whales backing the project, and since the presale is going out very fast, $0.10 looks like a reachable target. What makes Rexas Finance particularly attractive is the potential for even greater gains post-listing. Once the token hits exchanges, it is expected to be listed at $0.20, offering early investors a chance to realize a 4x return on investment (ROI). For those entering the market at the current price of $0.060, this is a substantial opportunity to capitalize on the token’s momentum.
Why Whales Are Choosing Rexas Finance (RXS)
The transition from Toncoin to Rexas Finance is not merely an issue of returns; it is about prospects. Rexas Finance is disrupting the real-world asset industry by improving the processes of tokenization and trading in real estate, commodities, art, and other assets on the blockchain. This specific value proposition is what has brought in whale investors who view the project as high-growth and sustainable. On the other hand, upbeat price action and market sentiment surrounding Toncoin’s recent activity have raised alarm bells for institutional investors. With the downtrend still in motion and no clear signs of recovery, whales are opting to move their capital into a project that offers both stability and growth potential—qualities that Rexas Finance has demonstrated in its presale performance.
The $1,000,000 Giveaway by Rexas Finance (RXS)
Rexas Finance is further offering an attractive $1,000,000 giveaway to its early investors on top of the normal incentives. 20 lucky participants will be able to receive $50,000 each. Investors are now able to make a $100 presale investment and qualify for this gigantic giveaway by providing their ERC20 wallet and completing simple tasks. By referring friends, participants can boost their chances of winning even further. It’s an opportunity to be part of a high-growth project while also entering a substantial reward event.
Conclusion: Rexas Finance Poised for Success
As Toncoin (TON) continues to struggle, whales are making their move into Rexas Finance (RXS), a project that has shown impressive growth and resilience. With a clear path to $0.10 in its presale stages and the potential for a 4x return by the time it is listed at $0.20, Rexas Finance offers a lucrative opportunity for investors looking to get in early. For those seeking the next big thing in crypto, Rexas Finance is rallying forward and now might be the perfect time to join the whale-backed movement before the token takes off.
For more information about Rexas Finance (RXS) visit the links below:
- Website: https://rexas.com
- Win $1 Million Giveaway: https://bit.ly/Rexas1M
- Whitepaper: https://rexas.com/rexas-whitepaper.pdf
- Twitter/X: https://x.com/rexasfinance
- Telegram: https://t.me/rexasfinance
