Crypto News

3 factors behind Ripples (XRP) 364% rally in November 2024, and 1 token that could deliver 10x more

Ripples XRP increased remarkably in November 2024 with a price surge of 364%. This has fueled market optimism, with a growing number of investors turning bullish. 

But although XRPs sudden surge is massive, there is a token that some analysts believe could deliver a 10x better return than XRP. Rexas Finance (RXS), a new cryptocurrency, has captured the spotlight and the attention of many investors. This article will explore the three main factors driving XRPs success alongside Rexas Finances potential to deliver 10x more than XRP.

Donald Trumps Win and Hope for Friendlier Regulations 

The background factor that started Ripples rally was Donald Trumps win in the U.S. election. Before the election, optimism had been building as the community hoped he would emerge victorious. Unlike President Joe Biden, Trumps victory signifies the beginning of a crypto-friendly administration. Also, the Securities Exchange Commission (SEC) chair, Gary Gensler, has been long tagged as anti-crypto. After Trumps win, he announced his retirement, sending waves of optimism in the crypto space. For Ripple, his exit will mean the hope of the Ripple-SEC case getting resolved or dismissed and crypto-friendly regulations. As a result, investors have been positive about Ripples future.

Whale Activity Drives the Surge

This positivity has driven whale activities as these large investors have accumulated large amounts of XRP. In the past few weeks, there has been a large trading volume of over 679.1 million XRP worth $1.66 billion. This buying spree has increased XRPs price and attracted smaller investors. Ripple is a cryptocurrency with good prospects, and investors consider it a good long-term investment opportunity. Investors increased buying spree of XRP was the main cause of the 364% surge.

Ripples Stablecoin Launch

Ripple is developing a stablecoin that will launch soon. Ripples stablecoin is known as Ripple USD (RLUSD). Many investors are showing interest in the stablecoin, which also contributes to the rise of the XRP price. The moment Ripple Labs gets approval from New Yorks financial regulator, the NYDFS it will launch its RLUSD stablecoin. RLUSD is created  to tackle the challenges in the stablecoin market, such as trust and regulatory compliance. With its promising prospects, many traders and investors have high expectations for the coin. 

Tokenizing Real-World Assets With Rexas

Rexas Finance (RXS) distinguishes itself by focusing on Real-World Asset (RWA) tokenization. Unlike Ripple, which specializes in cross-border payments, Rexas Finance enables users to tokenize assets like real estate, fine art, and intellectual property. This creates access to investments traditionally reserved for institutions, enhancing liquidity and global opportunities. By integrating blockchain, Rexas Finance makes asset management more inclusive and efficient. With industries increasingly adopting blockchain applications, RXS is positioned to penetrate untapped markets, offering a utility Ripple lacks.

Presale Momentum and Investor Returns

Rexas Finances presale performance underscores strong investor confidence. It is currently in the 9th stage and sold 298 million tokens at $0.125. Additionally, Rexas Finance incentivizes its community through initiatives like the Millionaire Giveaway, promising winners $50,000 worth of RXS tokens. Such strategies boost investors optimism, highlighting RXSs profitability and a chance for it to yield massive returns 10x more than Ripple.  

Advancing Through Innovation

The Rexas Finance ecosystem offers advanced tools like the Rexas Token Builder and QuickMint Bot, which enable users to tokenize assets swiftly and securely. The QuickMint Bot, in particular, supports tokenization straight from your smartphone or computer. Rexas Finance also offers other tools, such as the Rexas AI Shield, which provides robust security for smart contracts, and the Rexas DeFi, its decentralized finance platform.This adaptability contrasts Ripples focus on payment solutions, demonstrating Rexas Finances potential to scale across diverse markets. As DeFi trends evolve, Rexas Finances emphasis on innovation and security positions it for long-term success.

Growth Projections: A 10X Increase Potential?

Rexas Finance has already gained visibility by listing on CoinGecko and CoinMarketCap, and it plans to debut on major exchanges by 2025 at an expected price of $0.20. Analysts forecast a potential surge in value that could be 10x more than Ripples return on investment. Rexas Finance appeals to investors seeking sustainable value over speculative returns, positioning it as a potential leader in the next crypto bull run.

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

The post 3 factors behind Ripples (XRP) 364% rally in November 2024, and 1 token that could deliver 10x more appeared first on CoinJournal.

Read more: https://coinjournal.net/news/3-factors-behind-ripples-xrp-364-rally-in-november-2024-and-1-token-that-could-deliver-10x-more/

Text source: CoinJournal: Home

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories