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Kriptoteka > Market > Altcoins > Altcoins Surge as U.S. Rate Cuts and China Stimulus Ignite Crypto
Altcoins

Altcoins Surge as U.S. Rate Cuts and China Stimulus Ignite Crypto

marcel.mihalic@gmail.com
Last updated: October 2, 2024 8:10 pm
By marcel.mihalic@gmail.com 5 Min Read
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It is reasonable to expect that initiatives taken by two of the world’s leading economies to stimulate their markets will yield noticeable effects. Currently, this seems to be generating significant buzz within the cryptocurrency sector. With the ongoing adjustments in U.S. Federal Reserve interest rates and the announcement of stimulus measures from China, altcoins like Ethereum (ETH), Solana (SOL), and Ripple (XRP) are experiencing notable increases in value. Furthermore, Rexas Finance (RXS), a rising contender in the Real-World Asset (RWA) sector, is also gaining attention. The U.S. Federal Reserve aims to mitigate the extreme fluctuations in inflation rates by lowering market interest rates, which now sees its benchmark rate cut by half a percentage point to a range of 4.75% – 5%. This approach has begun to produce positive effects on the economy. Meanwhile, a distant nation, China, with its central authority known as The People’s Bank of China, is also making considerable efforts, more so than at any time since the COVID-19 outbreak in 2019. So, what are the implications for cryptocurrency? Typically, when interest rates drop, there is a greater tendency to invest in higher-risk assets like cryptocurrencies. This is exemplified in the past week, where Ethereum saw a 14.05% increase, Solana surged by 16.63%, and XRP rose by 2.40%. As these prominent altcoins continue to prosper, there’s also a newcomer eager to capture its share of this trillion-dollar market: Rexas Finance (RXS).

The industry gradually becomes aware of a new emerging player – Rexas Finance in the RWA ecosystem.

To clarify, Rexas Finance is not your typical cryptocurrency project. It stands out as it isn’t just another coin in the vast array available. Rexas Finance (RXS) focuses on the exciting area of real-world asset tokenization. This initiative aims to empower individuals like you and me to acquire, hold, and invest in tangible assets such as real estate, everyday items, art, and other investments. This aligns with the massive RWA market that Rexas Finance is targeting. It’s not solely about the residential real estate sector, which is valued at an impressive $379.7 trillion. When factoring in soft and hard commodities, totaling around $121.2 trillion, along with collectibles and financial assets reaching an astounding $486 trillion, it becomes clear that Rexas Finance is treading ground that could profoundly influence traditional views on asset ownership.

Rexas Finance Presale Surge: More Than 300% increase in Reachable

Currently, Rexas Finance (RXS) is expected to enter its third presale phase at a price of $0.050, but this is where things become intriguing. Just a couple of months ago, it was priced at $0.030 in the first phase. Subsequently, it rose by 69.4% as it transitioned to stage two, reaching $0.040, and now it is set for this enhanced price. Interested to know how high it can potentially reach? The presale is not yet concluded.

Upon its first exchange listing, the price of Rexas Finance is projected to be $0.2. This represents an incredible 300% increase from the stage 3 price. Such a significant ascent could see Rexas Finance positioning itself alongside the leading contenders in the RWA asset market if the current momentum persists.

The Integration of Crypto and Real-World Assets Into One Ecosystem

Both the U.S. and Chinese currency policies remain very active. As previous events indicate, the volatility within the cryptocurrency market can escalate during these times. ETH, SOL, and XRP continue to hold strong and exhibit resilience against positive global influences. However, what distinguishes Rexas Finance is its capability to synergize the digital and physical realms. By concentrating on real-world asset tokenization, it’s pioneering new investment avenues that could change our perceptions of ownership. For those eager to catch the next wave of innovation, Rexas Finance is a project to keep an eye on. With its presale generating impressive returns and plans for the RWA sector, early investors could be in for a significant surprise regarding the company’s rapid growth.

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


Post Views: 193

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