TON Price Action Causes Fear Among Investors, Many Jumping to Rival Ready for a 2,500% Rally

Toncoin (TON) price had a severe price drop recently which has worried different investors in the cryptocurrency. As of the time of writing, TON is at $5.329; a steep decline compared to its price earlier. The bulls were unable to extend the price past the pivotal resistance of $7.87 which allowed bears to take control and push the prices lower by 46.35% to a minimum of $4.45. There is growing fear that the current price action will pull TON down again to as low as $2.771, which was a support level before it was breached. Given that the future of TON still remains undecided, a lot of the investors are now focusing their attention on Rexas Finance (RXS) much to the relief of the founders of this new-borne cryptocurrency. Analysts have predicted that Rexas Finance which is the next big thing in crypto today has the potential to increase by 2,500% from its current presale price of $0.060 to $1.50 rapidly.

Toncoin’s Struggle with Resistance Levels

Toncoin bears will focus on the concerns of investors in this recent time. After failing to conquer this level at $7.87, the price fell deeply and there are fears of potential further decline as the level was not held. This means if TON falls below the current support level, the next target downwards shall be $2.771 and this is a previously broken resistance level which also saw a lot of buying pressure. This bearish outlook has made several investors seek out less aggressive investments. Toncoin however being among the most popular cryptocurrencies in the market stands a chance of losing even more. With regards to TON, the recent price action does not look encouraging to most investors who are rather cautious about betting on the future of the price.

Rexas Finance (RXS): A Promising Alternative

Being concerned about the pressing uncertainty concerning the investment opportunities and returns that Toncoin investors are waiting for, Rexas Finance (RXS) is in a different dimension. Contrary to the prospects of TON, Rexas Finance, unlike TON, is in its presale stage ramping up quite nicely with prospects of tremendous growth in the next year. RXS commenced selling level up presale at $0.030 in pre-sale stage 1 and has risen by 106% hitting the all-time high(ATH) of $0.060 in presale stage 4. The presale is moving along quickly since stage 4 has already been achieved to the tune of 71.47%. So far, over 150,000 investors have participated in Rexas Finance raising considerable attention for its new idea of tokenization of real-world assets. As of this writing, 78,620,854 RXS have been traded, and the presale is also doing much better as it nears completion.

Rexas FinanceRexas Finance

Ready for a 2,500% Rally

Some experts believe that Rexas Finance will boom massively and may appreciate by at least 2,500% by Q1 2025. Currently, at a presale price of $0.060, RXS is anticipated to launch at $0.20 hence a massive upside to all those who take the plunge early. After launch, the value of the token is expected to increase to $1.50 which means that those who entered during the presale will be able to reap huge profits. It has been projected that Rexas Finance can go up as high as 2500%, and this can be attributed to the gradual acceptance of RWA tokenization. In as much as the presale is ongoing, and more exposure is given to the project, the support behind RXS is expected to keep increasing. As the token has already been listed in CoinMarketCap, investors can keep tabs on the performance of Rexas Finance and all other updates.

CoinMarketCap Listing and Investor Confidence

With Rexas Finance out on CoinMarketCap, it makes the project even more credible as investors have the opportunity to get accurate and useful information about the token. Out of all the available sources of cryptocurrency information, CoinMarketCap is the best and therefore the list assures the users of monitoring reaching the price of RXS, growth, and important milestones. Aside from its promising growth potential, Rexas Finance is also willing to give an exciting giveaway to early investors. As part of the presale of the project, the coin is organizing a giveaway of $1,000,000. 20 winners will each be rewarded $50,000. 

Conclusion: Rexas Finance is the Next Big Opportunity

Even with the Toncoin price action instilling panic and apprehension, Rexas Finance continues to be a formidable project in the crypto sphere. Targeting the real-world asset tokenization space, explosive presale uptake, and huge 2,500% rally potential, it is not long before RXS will turn out to be the investors’ favorite for token investment with high returns.The presale is still ongoing and Rexas Finance is making the final touches for the official launch. Hence it’s time to hop on board. This is a unique opportunity where you will be investing early in an innovative development, don’t stay left out, invest in Rexas Finance today and wait for the returns.

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Source: https://thenewscrypto.com/toncoin-price-prediction-ton-price-action-causes-fear-among-investors-many-jumping-to-rival-ready-for-a-2500-rally/