Legendary trader predicts 6,400% price rally for new altcoin taking on Solana (SOL) and Cardano (ADA)

A renowned trader is predicting a significant 6,400% price surge for Rexas Finance (RXS), a new altcoin challenging both Solana (SOL) and Cardano (ADA) in the crypto market. Rexas Finance, focusing on real-world asset (RWA) tokenization, aims to revolutionize how investors access and trade assets such as real estate, commodities, and more. Currently in its presale, the RXS token is priced at $0.06. The competition is fierce as ADA and SOL are well-established, but Rexas Finance seems to be positioning itself as a strong contender.

Rexas Finance: Bridging real-world assets and blockchain

Rexas Finance is already transforming the way people invest in real-world assets. Through its innovative platform, users can buy and sell fractional ownership of high-value assets such as real estate, gold, and art, making it possible for anyone to own assets with just one click. Rexas Finance also offers tools like the Rexas Token Builder, which simplifies the process of tokenizing real-world assets. This allows users to issue digital tokens representing a proportional share of any asset, creating more liquidity and market access.

The platform’s QuickMint Bot further enhances user experience, enabling even non-expert users to mint tokens seamlessly. Unlike Solana and Cardano, which focus more on digital assets, Rexas Finance integrates blockchain into real-world applications, effectively merging traditional finance with the future of decentralized technology.

Rexas Launchpad and real estate focus

The Rexas Launchpad allows new projects to raise funds through token offerings, giving investors early access to tokens that could see massive appreciation. Stage 1 through 3 of Rexas Finance’s presale sold out swiftly, raising $2.75 million. The fourth stage has seen the price double to $0.06 per token and cross the $3.6 million mark. Investors entering during this phase could see a 3.3x return on their investment upon launch. This momentum is creating serious competition for Solana and Cardano, both of which lack direct exposure to real-world assets.

Rexas Finance’s core focus on real estate makes it unique in the market. The Rexas Estate function allows investors to own fractional shares of property across the globe, from luxurious apartments in New York to beachfront homes in Europe. This form of investment not only provides potential rental income but also allows investors to benefit from the appreciation of real estate values without the burdens of full ownership. The ease of this process attracts a wide range of investors, making Rexas Finance a more attractive option than Solana and Cardano for those interested in real-world asset tokenization.

AI integration and future growth

Beyond real estate, Rexas Finance is incorporating advanced AI features such as the Rexas AI Shield, which offers enhanced security for tokenized assets, and Rexas GenAI, an AI-driven tool that provides investment insights. These tools simplify decision-making and offer users a more secure, efficient way to manage their assets.

Furthermore, the platform’s ongoing $1M Giveaway adds to the excitement surrounding the token’s presale, with 20 lucky winners receiving $50,000 in USDT. Rexas Finance is already listed on CoinMarketCap, adding visibility and credibility. The platform’s ability to tokenize assets like real estate and commodities, coupled with its advanced tools, is rapidly gaining attention. As the presale progresses, the 6400% price surge seems increasingly plausible, making it a strong competitor to SOL and ADA in the expanding crypto market.

 

Final thoughts

The legendary trader’s prediction of a 6400% rally for Rexas Finance (RXS) reflects the platform’s strong positioning against established players like Solana and Cardano. With its focus on real-world asset tokenization, Rexas Finance is set to transform how investors access and trade assets. As the presale continues and the platform gains more visibility, Rexas Finance is likely to become a major force in the crypto market, leaving ADA and SOL to compete in an evolving environment where real-world applications hold the most promise.

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

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Arkham: Tesla still owns $780m in Bitcoin following wallet movement

  • Tesla has split the 11,509 Bitcoin across seven wallets
  • Arkham Intelligence said some have speculated that the move was to a crypto custodian
  • Tesla remains the third largest publicly traded Bitcoin company being MicroStrategy and Marathon Digital Holdings

Tesla still owns 11,509 Bitcoin despite the wallet movement last week, according to a blockchain analytics company.

In a post on X, Arkham Intelligence said:

“We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla. Tesla moved their entire balance of 11,509 BTC ($776.9M) to new wallets.”

Arkham noted that Tesla split the 11,509 Bitcoin into seven wallets, with the largest wallet holding 1Fnhp – 2109.3 BTC ($142.2M).

“Some have speculated that this is movement to a custodian, for example to secure a loan against the BTC,” said Arkham.

Third largest publicly traded Bitcoin holder

Tesla’s Bitcoin transfers mark the first time the electric car company has interacted with its crypto wallet since 2022 when it initially sold off a significant portion of its holdings.

At its height, Tesla owned around 43,000 Bitcoin after it invested $1.5 billion in the crypto asset in February 2021, according to data from BitcoinTreasuries. This resulted in the sale of $272 million worth of Bitcoin in the first quarter of 2021, creating a profit of $128 million.

By the second quarter of 2022, Tesla sold another $936 million in Bitcoin, generating $64 million in gains as the market experienced volatility.

With the recent transfers, some feared this would lead to a market dump. Tesla is expected to conduct its third-quarter earnings call scheduled on October 23 where it may reveal its plans for its Bitcoin.

To date, Tesla remains the third largest holder of Bitcoin among publicly traded companies. It trails behind MicroStrategy and Marathon Digital Holdings.

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