The cryptocurrency market changes constantly, as does the set of coins that go up in price in every bull cycle. While some of the projects were promising in the past, many have not been able to keep the upward trend and will have even more severe problems in the future.
On the other hand, the cycle of development of new steadier, and more lucrative projects is also on the rise. Here, look at three altcoins that you should not invest in during this bull cycle—Ripple (XRP), Solana (SOL), and Dogecoin (DOGE)—and one that may even reach a price increase of at least 2500% before 2025, Rexas Finance (RXS).
Avoid Ripple (XRP): Allegation of Selling Unregistered Securities Stifles Growth.
Current Price: $0.57
Ripple (XRP) was based on the silly assumption that it would revolutionize the remittances business as well. There were also noticeable problems, which were responsible for only the assistance of most payment systems. The only constraint faced in the growth of the platform has been the tussle with the SEC. At the onset of the year 2020, Ripple was caught up in a legal dispute process with the SEC which indicated that the company had raised ‘$1.3 billion’ worth of unregistered security offerings known as XRP.
Litigation issues have, to some extent, favoured Ripple as a corporation; however, the cloud of regulation is a stripe in this endeavor. The case against Ripple controls the growth of XRP as many of the top exchanges stopped trading its activity. Ripple will, in all likelihood, win the case, but the trust of people and adverse regulation will probably affect its development in the future.
Appreciation of the token is still not sensible while the cross-border payments solution is functional because of the uncertainty of the regulation that lies around XRP going into this bull cycle. In addition to that, other cryptocurrency projects are springing up with their payment systems, which further eats into Ripple’s market edge that was dominant for a time.
Solana (SOL): An Unstable Blockchain Set to Stifle Growth
Current Price: $153
Known as a low-cost, efficient-block alternative to Ethereum, SOL garnered much of the attention from investors and developers alike. Even so, having appeared quickly and celebrating early wins, the network of Solana has reported downtimes that have already caused some frustrations, casting doubts on its future.
Downtimes of the network services, together with increasing threats from other Layer 1 blockchain like AVA and Eth 2, all cast doubts on the future of SOL. Even though there is still a substantial number of developers on the platform as well as an ever-growing ecosystem, it has been losing some ground that other blockchains have swiftly gained in recent months.
The persistent problems with the network have equally rendered its credibility for DeFi and NFTs as a primary platform in tatters. While Solana is likely to bounce back, these challenges will continue, making it a dangerous market to enter during this bull cycle.
Stay Clear of Dogecoin (DOGE): A Meme Coin Drawing More Daggers Plus a Downtrend
Current Price: $0.13
The widely supported meme coin known as Dogecoin was made for a laugh. Still, it managed to gain traction, especially in 2021 with the help of people like Musk and social networks. Although it basked in the lights and news coverage of its fans, Dogecoin started to wane in popularity because its status appeared only good for rumoured investments.
Although this fake money has produced decent returns for its initial investors, the prospects of Dogecoin are poor and going down dauntingly. Most blockchain projects are led by the development of ecosystems created by decentralised applications and smart contracts, which does not seem to be the case with Dogecoin.
There is no further technological development or adoption, and no practical use of DOGE products is on the horizon. DOGE will not be able to woo its audience back the way it once did. With newer and more innovative projects, Dogecoin may one day be cast aside.
Embrace Rexas Finance (RXS): The Growth Potential Reaches 2500%
Current Price: $0.05 (Presale)
Rexas Finance (RXS) is distinguished from the altcoins mentioned above in that it is a project with huge upside potential. Thanks to the Rexas Finance platform, everyone can invest in tokenized real-world assets (RWA). RWA accumulated on the platform includes real estate, art, commodities, etc., and users can buy parts of these expensive assets through the blockchain. This paradigm shift enables previously inaccessible opportunities for individuals with limited wealth and institutions alike.
The tokenization of assets holding particular value, also known as tokenization, is an emerging part of blockchain technology advancement which is where Rexas Finance’s value proposition lies. Rexas has thus given access to a number of multi-trillion dollar opportunities to the masses, the real estate market alone worth over $280 trillion due to its fractional ownership offering.
By virtue of the actual value and disruptive potential of the services provided, Rexas Finance has been successful in attracting both institutional and retail traders. Investors who want to sell RXS tokens at the price of $0.05 during the presale stage of the RXS token sale linkage have a good chance of coming in at a low price owing to the presale bonus.
This potential stock looks promising as predictions put Rexas’ finance stock appreciation through to the year 2025 at 2500% with a stock price of around $12. As such, Rexas Finance will benefit immensely within the next bullish cycle of the market from the vast maturing of the market and the ability to tap into new sources of funds which wasn’t possible before.
Conclusion
Once upon a time, Ripple, Solana, and Dogecoin were good competitors in the crypto space market but today are on their backs therefore these cryptocurrencies are not sensible to put your money on in this bull cycle. For Ripple, the regulatory environment makes it difficult to put money on it. In the case of Solana, it’s quite a stable dependency while Dogecoin is fully utility-less. Rexas Finance outlines itself as a worthy project with real-world use and the ability to change when compared to investment markets.
Investors using Rexas Finance’s disruptive mechanism of tokenization can take advantage of a trend that is likely to characterize the future of blockchain technology. RXS offers an attractive investment opportunity to individuals who wish to invest in high-yielding returns with a potential upside of 2500% by the year 2025.
For more information about Rexas Finance (RXS) visit the links below:
Website – Whitepaper – Twitter/X – Telegram – Win $1 Million Giveaway
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