Tron (TRX) demonstrated endless growth potential in the past, however, at this point, TRX dominoes seem to have been run into a predicted roadblock after an upward sharp rally in the past. Today’s popular and competitive altcoin after making an all time history price reaching $0.169, a 13.69% drop has been witnessed and price has traded been trading sideways for close to 20 days now. The diminishing of the uptrend is making many investors, including two of the well-known Tron investors who recently sold off insane amounts of 2.2 million TRX take a pause and rethink it. But, what is that they bought back in? They had a couple of these assets which were very promising: Toncoin (TON) and Rexas Finance (RXS), while the latter asset price was attractive at the level below $0.10.To answer the question you may have as to why these TRX holders decided to invest in TON and RXS, and why you may consider following suit.
Tron’s Momentum Fades: A Fork in the Road for Investors
Tron has often been synonymous with the world of cryptocurrency particularly as its trading volumes remained giant. This was unfortunately followed by the recent increase of all-time high of $0.169. This was dropped by 13.69% which left holders in sorts of confusion. Although Tron is still a great project with operational practical applications, the long term sideways trend has made its investors a bit antsy over the years. For the past 20 days, the figure and most other prices for other crypto assets have hardly fluctuated, up to the point of further predictions regarding whether the upward potential that had existed in the earlier days may have waned.This short reprieve was sufficient for two large Tron stakeholders to have a change of heart, resulting in a sell-off of 2.2 million TRX tokens. Their exodus is in no way attributed to lost confidence in the industry – quite the contrary. They simply avoided risk, realizing they have somewhere better to be and run into the market.
Toncoin (TON): Is Toncoin ready to delve into new highs?
Despite the recent price movements, upgrading one’s TRX Holdings was not immediate for many. One of the two reinvestment choices for these TRX holders was Toncoin (TON) which is a project that recently has shown quite a good amount of positive momentum. As of the time of writing, it is trading at $5.81 having moved up by a whopping 23.92% from its previous price of $4.73. Such strong bullish price action is getting people interested with some expecting that TON will break the $7.20 level anytime soon.Improved value, together with expanding community has fuelled the bullish trend of TON. This sudden price rush from its recent uptrend indicates that there is hope for even a higher price shortly. For the past Tron holders, Toncoin presented an instant picture to ride on the bullish sentiments that had emerged. And let’s be honest, who wouldn’t want to ride on the wave of profits? But that was not the only investment they made.
Rexas Finance (RXS): How to Snatch a Bargain that Comes with Great Returns
The other half of the 2.2 million TRX sale was reinvested in Rexas Finance. Rexas is currently priced at $0.050 in pre-sale stage 3. With such an impressive record and a unique opportunity for growth, it is not a surprise as to why they went for Rexas Finance. Now, let us analyze how this $0.10 token can yield tremendous returns.
Rexas Finance is not another ordinary token among the myriad of altcoins; it is an innovative technology designed to disrupt the market of real-world asset tokenization. With Rexas Finance, you can purchase real estate property globally either in its entirety or in portions, without leaving your couch, quite literally. Yes, you read that correct. With Rexas Finance, an investor can buy an entire property or just part of it depending on the amount they would like to invest towards acquiring that property. This feature has made smart investors, even the Tron whales who traded their TRX for RXS invest into this project.Since its offering presale, Rexas Finance has increased by 68% from $0.030 to $0.050 from stage 1 to stage 3. At the current price, there will be a 300% growth upside potential when the token is externally listed at $0.20.Nevertheless, analysts are even more optimistic. Rexas Finance, as they estimate, may rise to $12 in the next prediction period which is the beginning of 2025. That is a 60x rise in return on investment from its presale price which stands at $0.050. That is why, the trading volume for this token has been increasing exponentially as Tron whales rush to it. It is simply too good to resist from the potential gain standpoint.
Final Thoughts: The Significance of Movement
In the cryptosphere, however, there is more than just the value of the currency – timing is crucial. The Tron network may currently be going through a time of stagnation. In contrast, Toncoin and Rexas Finance are moving upward. The whales in Tron have confidently indicated the direction by transferring their 2.2 million TRX to these promising projects: there is momentum, and if you jump on the bandwagon you can reap huge profits.Regardless if you are an advanced investor or a novice in the crypto world, it is hard to overlook the advantage that both TON and RXS have in the direction of the market. Then what is preventing you from making your next big move?
For more information about Rexas Finance (RXS) visit the links below:
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Source: https://thenewscrypto.com/2-tron-holders-dump-2-2-million-trx-as-momentum-fades-reinvest-in-toncoin-ton-and-this-token-under-0-10/