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A long-time investor of Ethereum who bought the token at ICO when ETH was offered at $0.31 did an interview recently and shared some of his predictions for the future of the chain. Its present selling price is $2,642 while its market value reached $318.49 billion. Ethereum remains among the biggest and most important virtual currencies. He further said that he was quite sure this appreciation of Ethereum was going to happen over time, and the price might shoot up as high as $5,000, which, according to him, is not possible in 2024. While ETH gathers momentum to reach $5,000, this emerging RWA coin has the potential to offer quick gains of 235% before the end of 2024.
Ethereum to $5,000: What the Chart Says
ETH investor in the ICO says Ethereum might go as high as $5,000. In this case, Ethereum has to maintain above the major support line of $2,300 to reach $5,000. Hence, it would just keep on going up and likely strike $5,000 upwards in the next couple of years. Even if this is attainable, the investor cautions that 2024 may not be the best year for such a sharp increase in value. ETH currently rests at $2,642, and such a jump means a nearly 90% gain in price. What it would take to get Ethereum to $5,000 is some sustained appreciation, coupled with good market conditions and non-stop work on the Ethereum network. However, for investors looking for quicker returns, a new cryptocurrency is positioning for a 2024 upturn in luck.
Rexas Finance (RXS): New crypto created for sure growth.
It’ll take quite some time before Ethereum reaches $5,000, whereas Rexas Finance has quicker and surer returns. Currently, Rexas Finance is in presale stage 4, being offered at $0.060, and $3,950,765 has been raised in the presale as 85,012,745 RXS tokens have been gobbled by investors. The presale stage 4 has filled up to 77.28%, and, upon completion, will increase by 16.67% to stage 5 priced at $0.070. Having set its launch price at $0.2, Rexas Finance ensures that an investor buying it now gets a 235.55% return. Unlike Ethereum, where the timeline for reaching $5,000 is years from now, the likelihood of Rexas Finance reaching $0.2 is just about a foregone conclusion up until the end of 2024. Furthermore, analysts are still predicting that Rexas Finance may shoot up to $19 by Q1 2025, anchoring a base for exponential returns on early investment.
Rexas Finance Real-World Utility
Rexas Finance isn’t a speculative token but is instead a real-world value due to RWA tokenization. Investors will be able to tokenize everything from real estate to commodities and art, too, which entails partial ownership and, therefore, liquidity in historically illiquid markets. The Rexas Token Builder will give everybody an opportunity to turn one’s assets into tokens without having specific knowledge of programming languages. Quite recently, one of the most significant events that happened to Rexas Finance was its listing on CoinMarketCap. This listing gave it tremendous exposure, where many new investors were attracted, adding to the demand. The growing interest has already raised presale numbers, and the price will go up much faster when more investors find out about Rexas Finance. The fact that things are more visible adds to the usefulness that Rexas Finance offers and makes it all so much more trustworthy when people want growth in 2024. While the road to $5,000 for Ethereum is not clear, Rexas Finance will be the better option when big returns are looked forward to in a short time. Rexas Finance has a running presale campaign, with the event giving away $1,000,000 to early investors. Twenty winners would be selected to have $50,000 each by simply taking part in the pre-sale.
Conclusion
Rexas Finance is the smart choice for the year 2024. Yes, Ethereum still can reach the price of $5,000, but very clearly, it won’t reach that target in 2024. Since it is not known what will happen with Ethereum next, probably investors are searching for other opportunities more vigorously, something like Rexas Finance. Priced at $0.060 and set to launch at $0.2, Rexas Finance promises a 235.55% return before the end of 2024. Further, it is expected to reach a price of $19 by Q1 2025 and outperform even the largest crypto names. From the investor’s point of view, Rexas Finance is the next big opportunity.
About Rexas Finance :-
Website: https://rexas.com
Source: https://finbold.com/ethereum-ico-investor-charts-path-for-eth-is-5000-still-possible-in-2024/