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The post Solana (SOL) to 3x, Dogs (DOGS) to 10x, Rexas Finance (RXS) to 25x: Top 3 Cryptos to Watch Closely appeared first on Coinpedia Fintech News
As the cryptocurrency market progresses to a new stage of development and maturation, investors find themselves in search of the next threatened investment opportunities. On the one hand, large established tokens, like Solana (SOL), continue on a path of growth, while on the other, very young and innovative projects such as Dogs (DOGS), Rexas Finance (RXS) are emerging with the massive potential for gains. Private experts on the market estimate that the cost of Solana will increase up to three times, Dogs can show a tenfold increase, while potential 25x for Rexas Finance. Let us examine in detail these three cryptocurrencies and why they deserve special attention in the next months.
Solana (SOL): A Major Layer-1 Blockchain With Potential To Multiply- 3x
As a layer one blockchain, Solana ranks among the outstanding after the Ethernets, owing to her high scalability features, concise networks, and presence of minimal fees. Even though Ethereum remains dominant in the DeFi and the dApps space, Solana has been growing at a rapid pace, especially with the NFTs and DeFi protocols.
Reasons for putting Solana triple because:
- Highly Efficient And Inexpensive: Solana’s great advantage over others is its emerging costs since at peak 65,000 transactions per second can be transacted at virtually zero fees. Therefore, this aspect of scalability further explains why both developers and users are still trooping to the platform over its comparison with the state of Ethereum gas fees.
- Big and Strong Community: A vibrant number of developers are engaged in the Solana community and a significant number of dApps and NFT marketplaces are being developed. The number of users in the network has also increased tremendously as there are more than 400 live projects pertinent to the network and these span from DeFi to NFTs, gaming among other applications.
- Institutional Interest: Solana is one of the beneficiaries of institutional interest. Great investment companies consider SOL to be the most potential alternative to Ethereum and further business development prospects will increase adoption.
Given the above, some market watchers foresee three times growth in the value of this crypto asset as its network matures up and a good number of users flock to it. Solana has already emerged as one of the largest cryptocurrencies by market cap, however a considerable upside growth in the market cap of Solana may lead to its competition against Ethereum’s supremacy in several vertically integrated ecosystems comprising multiple blockchains.
Dogs (DOGS): Ready for a Tenfold Rally
As various meme coins have already made their way into the crypto-sphere, Dogs (DOGS) seems to target becoming the first and one of the largest projects within the meme-coin space. Like Dogecoin (DOGE), or Shiba Inu (SHIB), Dogs is a playful, community-driven currency that is trying to nurture the same culture that propelled its forebears to fame. However, DOGS is not just counting on the hype – standard in most meme coins; it has developed a DeFi-gaming-NFT mixer instead, which backs the ambition more than many of the previous meme coins had ever attempted to do.
Reasons Why Dogs Might Be Ten Times the Current Price:
- Social Networking Revolution: Dogs (DOGS) is reaping the benefits of a supportive fanbase that goes on to market the coin on different social marketing channels. This creates an atmosphere similar to that which was realized in the case of Dogecoin for its massive growth back in 2021. The meme-coin appeal is still very much alive, and in this case, DOGS is on that bandwagon.
- Anti-Inflationary Features: One of the interesting concepts developing in Dogs is Deflationary Tokenomics. In contrast to DOGE, which comes with an extremely large supply of the coin, Dogs utilizes a burn strategy whereby a percentage of every trade conducted is burnt to lower the circulating supply figure. This scarcity mechanism would help push the price of the token higher as and when demand increases.
- Ecosystem Growth: Even though it’s essentially a meme coin, Dogs can be proud of its ever-growing gaming platforms, NFT, and DeFi applications. This mix of entertainment and finances is helping capture more retail and institutional investors than its pure competitors offer.
Considering the order books and the ecosystem grow most probably Dogs would have a 10x appreciation which makes it worthwhile in this meme coin space.
Rexas Finance (RXS): The Upcoming Token with Expected 25x
Rexas Finance (RXS) is among the relatively new entrants in the cryptocurrency whose proposition revolves around Real World Asset (RWA) tokenization — i.e., as it allows one to create a representation of the ownership/domain over tangible assets like, for example, property, artwork, or commodities. This unique business model helps attract more investors by bringing in liquidity and fractional ownership in markets that have traditionally been illiquid.
Here’s why you can expect 25x from Rexas Finance:
- Wide Application: One particular strength of Rexas Finance compared to its rivals is its practical application. It provides real utility to invest in real-world assets through purchasing fractions of such highly valuable assets instead of encouraging speculations a la meme coins. Thus, it attracts not only individual small investors but also institutional investors targeting long-term perspective.
- The Rise in RWA Tokenization Needs: The Real World Asset tokenization market is forecasted to grow quite rapidly over the next few years with some analysts suggesting it will reach $16 trillion by 2030. Rexas Finance has great prospects in this market since the demand for tokenized real estate and fine art is on the increase.
- Investment Opportunity at Its Infancy: At the moment, Rexas Finance is very affordable and thus presents a great opportunity for early investors regarding growth potential. Recent analyst projections indicate that a 25x growth is expected and those who put their money on RXS now stand to make good returns as usage of the platform increases and more assets are tokenized on its blockchain.
- Unique Aspects and Superstructure: Rexas Finance is developing a wide turning circle which includes integrated systems like Rexas Token builder to help in asset tokenization by users with no technical background as well as DeFi features such as yield farming and staking. In addition to enhancing the use of RXS tokens, these characteristics make it possible for investors to earn even more.
Conclusion: The Top 3 Cryptos to Watch Closely
At this point in terms of the next growth II phase of the crypto market Solana(SOL), Dogs(DOGS), and Rexas Finance (RXS) appear to be the most progressive projects. Iliad tokens provide different cuts, be it Solana’s scalability, that of Dogs’ appeal to the community, or even that of Rexas Finance which seeks to tokenize real-world assets. If it is anticipated that Solana would grow three times in value because of the interest from developers and businesses in general, Dogs on the other hand could appreciate 10 times given that the meme coin narrative is changing.
During this phase there are high estimations about Rexas Finance for its unique implementation of a real estate token where money is expected to multiply by 25 upon sale, it is the project of all having the highest upside. For investors with an appetite for the next ingredients for some of the big wins in the crypto space, these three tokens are the ones to make an effort to pick up.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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