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With the development of the cryptocurrency culture, the transition from buying dogecoin to receiving cryptocurrencies seems to be more pronounced. In Q4 2024, however, analysts expect that the hype surrounding meme coins will drastically fade as people turn to coins that have real-world applicability and offer real solutions. In this case, Solana (SOL) and Rexas Finance (RXS) appear to be at the forefront of the brain revolution since these coins are appreciated not only for their words but also for their deeds.
The Evolution Of Meme Coins
Doge-themed or meme-oriented coins such as Dogecoin and Shiba Inu have taken the crypto market by storm in the last few years owing to the craze it had, sponsorship from celebrities, and trends in social media. Such coins were quite favourable, as most investors were huge risk-takers willing to stake so much money on their prices shooting up exponentially within the shortest time possible. Still, some serious investors have already noticed an irrational aspect, and that is the preoccupation with all legal lassos and not the essentials. Analysts warn that the meme coins’ bull runs may soon become history as the market evolution sinks in. Investors are moving away from such highly volatile and non-beneficial strategies towards projects that provide lasting value and growth—the realm where such token coins like Solana and Rexas Finance come in.
Solana (SOL): The New Found Rich Land of Decentralized Finance
In the competition pillars of cryptocurrencies, Solana (SOL) grew instantly known as a blockchain used in the decentralized finance (DeFi) sector. An ease of use emerges from the fact that it is a highly scalable blockchain platform with low transaction costs and rapid transaction speeds. Its breakthrough Proof of History (PoH) enabled the platform to handle thousands of transactions per second, making it a darling, especially in dapps like DeFi, gaming, and NFT boroughs. The encouraging momentum of Solana’s ecosystem is evident thanks to the influx of both developers and investors. With the provision of decentralized applications (dApp) and hosting of smart contracts, the platform becomes a vital asset in the forthcoming evolution of the blockchain. Meme coins might be fading away, but there appears to be a good long-term investment in Solana’s DeFi and other emerging possibilities spanning its usage.
Rexas Finance (RXS): What Does the Future Hold For The Tokenization of Real World Assets?
The DeFi space is quite an active one, but Rexas Finance (RXS) is rising with the tokenization of real-world assets (RWA) in its focus. Rexas Finance seeks to carry out the conversion of real-world assets, this time around housing, artwork, and basic materials, to the blockchain, making it easier and safer to acquire and trade these assets in a tokenized form. Since tokenized assets were hard to come by because of the lack of liquidity and fractional ownership, Rexas Finance seeks to fill this gap in the asset management field. Other essential features of the platform include tools for the simple asset tokenization process, a decentralized projects launchpad, and a governance token RXS, which is integrated into the operability of the platform. A presale of RXS tokens is already taking place, with a token price going at $0.06 as of writing. According to the information available, early investors stand a chance to be part of a core future in the management of assets based on blockchain technology. Rexas Finance has been adopted in the market as a leading project in the current trend of tokenizing real-world assets offering good usability and returns when the use of blockchain moves towards the application aspect.
Where and how do I buy Rexas Finance (RXS)?
Purchasing Rexas Finance (RXS) tokens during the presale is a very easy task. Investors have to first confirm that they indeed have a decentralized wallet like MetaMask or Trust Wallet that meets the criteria of Wallet Connect. A wallet with Ethereum (ETH) is essential since it will cater to gas fees, although USDT is used to buy the RXS tokens. After creating and funding the wallet, they can proceed to the Rexas Finance website and click on the Wallet Connect feature to connect the wallet. After selecting ETH or USDT as the payment method, the investors are able to key in the intended investment amount and press the buy option. Before the actual action is performed, the dashboard indicates the number of RXS tokens they are to obtain upon payment. For people using USDT to buy, it is good to be reminded that two transactions will be undertaken: one will be to permit a USDT contract and another will be for the amount that the user wants to buy. When the transaction is approved, RXS tokens will be transferred to the wallet directly.
The Shift from Speculation to Utility
The increasing adoption of utility coins over meme-based coins is a noteworthy change in the dynamics of the cryptocurrency market. As blockchain development is bound to continue, it is easier for projects that solve real problems to emerge. Such projects are exemplified by Solana’s efficient high-speed infrastructure and Rexas Finance’s state-of-the-art asset tokenization platform. Investors are searching for tokens that are practical in terms of usage and that offer value in the long term, rather than depending on speculative profits. The utilization of Rexas Finance with Solana is bound to translate into less speculation on most projects and focus on services within their market, which will be a feature of the market in Q4 2024.
Conclusion
It seems the meme coin era is gone and as such, more utility coins such as Solana (SOL) and Rexas Finance (RXS) are emerging, which indicates a different twist in the cryptocurrency market. The two projects are well suited to address existing problems, hence the growth potential. As such for those looking for sustainable returns, the transition to utility tokens in Q4 2024 is likely to mark the turning point into a more rational and more progressive innovation society of cryptocurrency investors.
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
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/10/10/meme-coins-analyst-sees-utility-coins-taking-over-q4-solana-sol-rexas-finance-rxs-lead/