Top 10 Altcoins to Invest in Right Now Before They Explode
As the cryptocurrency market heats up again, with hints of the next bull cycle, many investors are on the lookout for altcoins with the highest potential to achieve diversification in their portfolios. Below is a list of 10 altcoins with potential for decent upside price action, each involving unique utilities and strong communities, along with great roadmaps. Out of these, Rexas Finance (RXS) seems to be the most interesting project due to its real-world uses and community support.
Amount Raised: $6.98 million raised through presale as of writing
Rexas Finance is a utility-based platform that tokenizes real-world assets such as real estate, entertainment industry properties, intellectual property, and fine art pieces. RXS allows high-value assets to be invested in by a larger number of people, thus facilitating fractional ownership. Rexas Finance also has additional tiers with features such as the Rexas Token Builder, Rexas Launchpad, DeFi solution, and AI-based apps. The presale has gone well for Rexas Finance, selling over 131 million tokens, with RXS set to list on sites like CoinMarketCap and CoinGecko in due time.To make things better, the CertiK auditing firm has audited the platform, and the $1 million Rexas Millionaire Giveaway increases community participation.
Dogecoin (DOGE)
Current Price: $0.37
Market Cap: $55.57 billion
As the first-ever meme coin, Dogecoin still gives tough competition to all its rivals, even years down the line, owing to its popularity and community that never misses a chance to promote DOGE. Since DOGE is driven by social hype, at times when Husky owners are waking up without traditional media channels, the price tends to spike rapidly. Despite its limited usefulness, its community and reputation as a ‘joke’ currency support its x100 short-term price prediction.
Market Cap: $14.28 billion
Shiba Inu was considered, at first, a Dogecoin knock-off but now it continues to grow. Upon the launching of ShibaSwap, the token is now capable of creating its own DEX and developing an ecosystem. Shiba Inu’s pricing has always been affordable for most retail investors, and with a growing number of loyal followers, it shows great prospects for development.
Market Cap: $13.39 billion
Toncoin is a highly regarded network operating independently of a central entity—Telegram. It specializes in rapid transactions, preventing bottlenecks with thousands of transactions every second and allowing millions of unique users at once. These capabilities make it a practical approach in today’s fast-paced world, ensuring that as the NIM ecosystem expands, it will become more valuable.
Market Cap: $5.44 billion
Based on the Pepe meme, PEPE is gaining traction in the meme token space. Although its target market is primarily the community and pop culture, PEPE’s updates and controlled issuance give it the potential for price movement. The dominance of the PEPE internal community and staying on-trend in the meme token market will determine the project’s future development.
Market Cap: $15.30 billion
Tron is widely regarded as a competitor in the field of smart contracts and is most often compared to Ethereum in terms of capabilities. The dApp developers have positive prospects of using the Tron network due to its scalability and low transaction costs which might in turn lead to a greater TRX adoption in the days to come.
Market Cap: $4.31 billion
Cronos focuses on payments, trade, and financial services within the platform. The discounts, staking, and other benefits CRO offers on Crypto.com appeal to customers. As its platform grows, the likelihood of higher appreciation of CRO increases with its utility in the ecosystem.
Market Cap: $2.1B
Floki Inu rides the meme coin wave but aspires to develop a full-fledged ecosystem. Beyond average meme tokens, FLOKI provides applications and infrastructure, such as NFT marketplaces and DeFi protocols. Adoption and awareness of its utilities will be critical for future growth.
Market Cap: $6.29 billion
Near Protocol is an advanced blockchain ecosystem built to host dApps while being developer-friendly and scalable. NEAR offers low fees with a unique, eco-friendly, and fast throughput consensus mechanism, making it advantageous for developers. Given the growing demand for effective dApp platforms, NEAR is well-positioned to meet this need.
Market Cap: $5.07 billion
Uniswap leads the largest decentralized exchange on Ethereum, pioneering distributed finance by enabling token swapping without fee limitations. Apart from being a governance token over the Uniswap protocol, the UNI token offers additional utility. As DeFi’s popularity rises, Uniswap’s standing as a leading DEX could drive UNI to new heights.
Conclusion: Rexas Finance Retains Leadership Position
While all these altcoins are attractive for investors, Rexas Finance (RXS) stands out due to its utility in real-world asset tokenization with an ecosystem of tools. After a successful presale and with key exchanges expected to list them soon, coupled with a community-based approach, RXS is positioned advantageously for the next cycle of crypto growth. For any investor seeking a good investment opportunity in 2024, RXS is an obvious choice.
For more information about Rexas Finance (RXS) visit the links below:
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TIMES NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
Disclaimer: This article is a sponsored article and does not have journalistic or editorial involvement of Times Now.
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