Kategorie: Crypto Analysis

The world of cryptocurrency is creating many investment success stories where quick and small investments have been transformed into huge amounts. However, as the market matures, finding tokens with a chance at such a high ROI is becoming increasingly difficult. 

From the many available options, crypto analysts have identified three tokens worth buying and holding in the long term: Rexas Finance (RXS), Pepe (PEPE), and Uniswap (UNI). They have quality features, utility, innovation, and strong positions in the market, which are aspects that investors looking for long-term sustainable growth believe are good to have in rapidly changing cryptocurrencies. Among these three, though, RXS is the one that could offer the highest upside, while the other two also have clear advantages over other tokens.

Rexas Finance (RXS): Bridging the Gap Between Blockchain and Real World Asset Tokenization

Rexas Finance is all set to bridge the gap between real-world assets, excluding real estate and commodities, and the world of blockchain. With the help of RWS tokenization, RXS lets its users tokenize assets that were previously out of reach for the average investor. This ground-breaking technology addresses major obstacles such as high transaction fee requirements, a lack of liquidity, and some industries needing to be more open.  

Market Gaps	Rexas Finance Solutions
Lack of Liquidity	Enhanced Liquidity with Tokenization
High Entry Barriers	Democratizing Access to Investments
Costly Transactions	Reducing Costs with Blockchain
Transparency and Fraud Risks	Secure and Transparent Transactions
Regulatory Compliance	Facilitating Regulatory Compliance
Technological Disparity	Innovation Through Emerging Technologies

Moreso, the RXS ecosystem provides numerous groundbreaking advances, such as GenAI, an AI-based NFT creator that streamlines the process of tokenizing any asset, and QuickMint Bot, which enables users to generate tokens. RXS has always gained the right amount of attention, raising over $29 million while it is still at its tenth presale stage, priced at $0.15. Analysts up to this point predict that it will rise in value to $10 to $15 by the year 2025, to be perceived by the whopping needs across the markets. 

Pepe (PEPE): Beyond the Meme Hype  

Pepe (PEPE), which started as a meme coin, has surprisingly stood the test of time and seems to be proving people wrong with a lot of growth potential. Once the community hype died down, PEPE was able to stand on its own and is now deepening its portfolio with potential use cases in DeFi and NFTs. This progression has helped it stay relevant and gather speculative investors on the way.  For those who believe in its potential growth, PEPE is currently priced at mere cents and makes for a good gamble. If the marketing efforts succeed, the applications could be valued at $0.0015 by January 2025. 

Uniswap (UNI): The DeFi Giant With A Rise in Value Over Time 

Experts in the industry understand the role of Uniswap in the DeFi space, with a DEX built on Ethereum that is the largest of its kind. The protocol has an economic ecosystem in which the governance of the protocol’s token, the UNI, and rewards associated with using the token are built. With a current price around the $16.84 mark, predictions suggest that by January 2025, the token could be valued at $250. This makes it a relatively safer investment than newer hype tokens, such as PEPE. If you are an investor who wants to earn rather constant revenue but at a lower risk, Uni is a perfect option for you. 

Why RXS Stands Above the Rest

The world is never black and white. Lucrative tokens such as the PEPE and SUI coins, which are born out of social media hype, offer speculation, but RXS is a token with a real-world application with immense upside. Unlike many other speculative tokens, RXS’s use cases are wide for everyone, as they are centered around the asset management space and the democratization of asset management. Its enterprising ecosystem and increasing acceptance in markets make it an interesting project that will remain relevant for a while as more people out the RXS token. It doesn’t matter how experienced or new you are in the crypto market; one indispensable investment among the best cryptos today is Rexas Finance. 

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

The post Top 3 cryptos to buy right now for a potential 15x ROI in January 2025 appeared first on CoinJournal.

• The crypto market spent the greater part of last week trading consistently lower.
• Yearly profit-taking is a major reason for price declines as institutions close positions for the year, although the Fed’s hawkish stance at the Dec. 18 policy meeting also played a role.
• Open Interest in major cryptos showed weekly declines.

Bitcoin

Bitcoin’s price fell from the weekly high of $108,372 on Dec. 17 to a low of $92,555 before closing the week around $97,700. However, despite the 9.7% drop, Bitcoin’s price has not changed character to the downside.

Open Interest data shows a reduction in open contracts at the CME which correlates with price declines.

The Fed’s policy decision on Dec. 18 favoured a 25bps slash. However, Fed Chair Jerome Powell expressed hawkish sentiments concerning slashing plans next year, exacerbating selloffs.

Meanwhile, Bitcoin spot ETF inflows data shows outflows on Dec. 19 and 20 totalling $948.90Mn. Net inflows from Dec. 16 to Dec. 20 were $447.00Mn.

Bitcoin trades at $95,700 as of publishing.

Ethereum

Unlike Bitcoin which maintained its bullish structure, Ethereum’s price changed character on the H4 time frame to trend lower after testing (but failing to break) the local high at $4,096.50.

Ethereum fell from a weekly high of $4,108.82 to a weekly low of $3,098.40 before eventually closing the week at $3,470.44 (a 15.51% drop).

Ethereum spot ETF inflows show a similar pattern with Bitcoin’s with outflows on the last two days of the week.

Meanwhile, Ethereum’s open interest shows a steep decline correlated with price.

Ethereum trades at $3,330.78 as of publishing.

Solana

Solana’s price action continued a decline that began two weeks ago after it failed to break above the all-time high of $260.02.

Last week, price action traded into an internal supply zone around $227.71, continued selling to a weekly low of $175.12 and eventually closed at $194.44 (a 15.07% drop).

The demand zone around $160 (mentioned last week) remains the first logical support zone as open interest continues to fall.

Solana trades at $184.82 as of publishing.

Ripple

Since breaking previous all-time highs two weeks ago, Ripple’s price action has largely ranged between $1.89 and $2.90. However, within this range, the price has logged lower lows.

Ripple’s price traded into an internal supply zone and broke above it on Dec. 17 but melted to a weekly low of $1.95 before eventually closing at $2.27 (a 16.42% drop).

Ripple’s open interest data shows a decline in open contracts since Dec. 3.

Ripple trades at $2.21 as of publishing.

The post Weekly Price Analysis: Yearly Selloffs Push Prices Lower appeared first on CoinJournal.

Artificial intelligence (AI) is reshaping the crypto space and savvy investors are keen on grabbing the integrated opportunities. Investor interest in AI-themed meme coins has soared in recent months, pushing the market’s market cap to $6.74 billion as highlighted on CoinGecko.

Among the AI meme coins on investors’ radar is iDEGEN; the one-of-a-kind social experiment with wild results. With less than two weeks before it hits the public shelves, an overwhelming number of early adopters are amassing $IDGN tokens. The craze is beyond a Bitcoin-led rally, it’s an evolution founded on community and FOMO. 

BTC records steady inflows despite crashed reserve dreams

Bitcoin price was subject to profit-taking for the second consecutive session on Thursday after hitting a fresh record high of $108,577.25 earlier in the week. The sell-off saw the top crypto drop below the psychological zone of $100,000 to trade at $99,266.51 as at the time of writing. 

On Wednesday, the Fed Chair stated that the US central bank has no interest in building a Bitcoin reserve. Speaking on the matter, Jerome Powell indicated, “we are not allowed to own bitcoin”. His remarks were in response to a query by a reporter on whether he sees value in the US government owning a BTC reserve similar to the US oil reserve. 

Even so, Bitcoin’s fundamentals are still strong. Notably, Bitcoin spot ETFs have recorded steady inflows over the past 15 sessions with the cumulative net inflows exceeding $37 billion. The consistent inflows reflect heightened investor interest and a long-term bullish sentiment.  

iDEGEN’s craze intensifies ahead of its listing 

The crypto space is ever evolving and iDEGEN is here to push the limits. As a groundbreaking project, its appeal lies in its absence of rules, fair pricing model, and the unlimited power accorded to its community. 

Similar to other meme coins, the success of this experiment largely lies on its virality. Aware of this principle, its creators has left its development to Crypto Twitter. 

Every 60 minutes, the AI agent posts on X, assimilating all the chaos thrown its way by the degens in the form of tweets, tags, and comments. This approach has generated immense curiosity and engagement; prompting sales of over 1 billion $IDGN tokens in less than a month. Subsequently, the project has raised over $7 million since its launch on 26th November.

iDEGEN’s concept of ‘by the community, for the community’ has also been bolstered by its fair pricing model. Potential investors not only want to be part of the project, but they can afford to own a piece of it. 

As opposed to the random figures offered by the creators of most meme coins, iDEGEN has ensured its holders get the price they asked for. To do so, $IDGN’s token price drops by 5% if no purchase is made within 5 minutes and rises by 5% if buys are made in two successive intervals of 5 minutes. 

Upon its listing on 1st January 2025, the unsold tokens will be destroyed with a 10% premium added to $IDGN’s final presale price. At the time of this publication, the token was up by 921% at $0.201. Learn more about iDEGEN here.

Dogecoin price: Elon Musk is at it again with a $1 prediction  

Dogecoin price has dropped by about 35% since 8th December when it rallied to a three-year high. The pullback corresponds with BTC’s profit-taking and easing of the crypto fear & greed index. While the index remains at the greed end of the spectrum, it was at 75 on Thursday compared to the prior session’s 81 and last month’s 90. 

In addition to persistent bullish sentiment, Dogecoin price is finding support in Elon Musk’s appointment in the newly formed Department of Government Efficiency. What’s more, the billionaire AI bot, Grok AI, has predicted that the meme coin may hit $1 in early 2025. In the past, remarks by Musk have heightened investor interest and bolstered Dogecoin price.   

 

 

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• Despite a market-wide price decline at the start of last week, the crypto market recovered as Bitcoin closed the week at $102,800.
• Bitcoin has now reached a new all-time high of $106,000.
• Meanwhile, US spot crypto ETFs continue to log consecutive positive days of inflows.

Bitcoin

Bitcoin has logged new highs of $106,400 since its dip last week to $94,000, driven largely by positive ETF inflows as US spot Bitcoin ETFs record another week of consecutively positive daily inflows.

From Dec. 9 to Dec. 13, $2.17 billion flowed into the top 10 US spot BTC ETFs.

Current price action shows Bitcoin has broken its previous high of $104,000 and trades at $104,500 after reaching a new high of $106,600.

The Fed rate policy decision coming up on Dec. 18 could significantly impact price action. Expectations are hawkish with more controlled slashes moving into next year, which could negatively impact risky assets like Bitcoin.

Price technicals support a hawkish stance as Bitcoin’s price could push downward to grab liquidity at lower levels around $100,000.

Ethereum

The second-largest crypto rebounded from a weekly low of $3,500 to a local high of $4,000. Unlike Bitcoin, it has not broken the previous high formed at the $4,100 level.

Meanwhile, Ethereum spot ETF inflows remained positive throughout last week, totalling $854.8 million.

Ethereum trades at $3,950 at the time of publishing.

Solana

Unlike Bitcoin and Ethereum which have rebounded since last week, Solana’s price has declined since failing to close above its all-time high of $260 on the daily time frame.

Price action on intermediate time frames (H4/H1) shows rejection and sells from local supply zones which may continue until a logical demand zone at $160. Solana’s price will need to break above $247 on the H4 and eventually close above the all-time high on the daily time frame to resume its bullish motion.

Solana trades at $214 at the time of publishing.

Ripple

Ripple’s price action has been incredibly bullish following its legal wins and expected changes to the US regulatory landscape. The crypto surpassed its former all-time high of $1.99 and formed a new ATH of $2.90 on Dec. 3.

More recent price action shows a pullback from highs as the price formed a new local supply zone, rejected, and sold from it. A continuation of the current trend would see price take liquidity at the $1.90 level while a reversal would see price break above $2.65.

Ripple trades at $2.36 at the time of publishing.

The post Weekly Price Analysis: The Market Recovers from Technical Selloff appeared first on CoinJournal.

Key takeaways

• Bitcoin has reached a new all-time high price of $106,488 after adding 3% to its value on Sunday.
• iDEGEN’s pre-market auction has officially surpassed the $5 million mark.

BTC hits $106k

Bitcoin, the leading cryptocurrency by market cap, set a new all-time high price of $106,488 a few hours ago. This latest development comes after Bitcoin added more than 3% to its value on Sunday.

At press time, the price of Bitcoin stands at $105,166, retracing slightly from its all-time high. The rally comes as analysts expect the U.S. Federal Reserve to cut interest rates later this week. 

What is iDEGEN?

Bitcoin has achieved a new all-time high while altcoins continue to rally higher. Furthermore, new projects in the ecosystem continue to attract funding from investors. iDEGEN is one of the projects in its presale stage that is attracting interest from investors 

iDEGEN combines the features of AI and memecoins to present a strong project with an equally active community. In their whitepaper, the team explained that the iDEGEN tool learns, evolves, and adapts based on what the community feeds it on X. This means that iDEGEN is powered by AI but ultimately raised by degens. 

It will launch as a memecoin, leveraging the growth of the meme coin ecosystem in recent years. The memecoin market is worth over $45 billion and is expected to grow larger in the coming months and years. 

iDEGEN has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. The tool absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Click here to read more about the iDEGEN project.

iDEGEN’s pre-auction market crosses the $5 million milestone

The iDEGEN pre-market auction is attracting more investors, raising millions of dollars in the process. The team has sold nearly 1 billion $IDGN tokens, raising $5 million in the last few weeks. 

iDEGEN uses the pre-market auction method to help attract more investors. Using the pre-market auction method, the price adjusts every five minutes based on market activity. 

According to the team, the price will remain steady for the next period if an investor purchases $IDGN tokens within five minutes. However, if purchases occur consecutively, the price will rise by 5%. Finally, if no one buys the tokens within five minutes, the price will drop by 5%.

The iDEGEN pre-market auction will end on January 1, 2025, and the $IDGN token will then be listed on crypto exchanges. 

Should you buy the $IDGN tokens now?

Bitcoin has just hit a new all-time high, and interest in cryptocurrencies is currently growing. iDEGEN will launch on the first day of 2025 and could be one of the best-performing projects of the year. 

The project’s huge potential means it could be a smart decision to invest in iDEGEN during its presale. iDEGEN is an interesting project that combines AI and meme coins. It could become one of the leading meme coin projects on the Solana blockchain. 

For transparency, the iDEGEN website has a live pre-market listing price, allowing investors to track the token’s progress accurately before its launch on trading platforms.

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