Toncoin (TON) Loses Whales to Rexas Finance (RXS) as the Market Struggles: Downtrend Persists

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

As the market downturn continues to unfold, several coins have encountered substantial losses in value. One coin that has particularly suffered the brunt of the bear market is Toncoin (TON). From reaching an all-time high of $8.28 in June 2024, the coin has lost nearly 46.20% of its value and now trades at $5.41. This downtrend, marked by lower highs and lower lows, has spooked a large portion of the market, especially considering that most analysts predict TON could soon touch the support area of around the $3.50 mark. This has prompted many investors to reconsider their positions, and جالبly, whales are already moving their funds out of Toncoin in favor of a promising competitor: Rexas Finance (RXS).

Tracking Toncoin’s Downtrend: Lower Highs, Lower Lows

Toncoin began the year on a high note, reaching a maximum 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?

Enter Rexas Finance (RXS): The New Whale Favorite

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.

Rallying Towards $0.10: A 66.67% Upside Potential

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.

The Transition from Toncoin to Rexas Finance

The shift from Toncoin to Rexas Finance is not merely driven by 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)

In addition to the normal incentives, Rexas Finance is offering an attractive $1,000,000 giveaway to its early investors. 20 lucky participants will be able to receive $50,000 each. Investors can now 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

The above is the detailed content of Toncoin (TON) Loses Whales to Rexas Finance (RXS) as the Market Struggles: Downtrend Persists. For more information, please follow other related articles on the PHP Chinese website!