3 Crypto Tokens to Add to Your Portfolio by Mid-November

3 Crypto Tokens to Add to Your Portfolio by Mid-November
Published on

November is almost here, and this could be a great time for the cryptocurrency market because it seems like Bitcoin has regained investors’ interest, and as we know the market tends to revolve around Bitcoin. It appears like this would do good for other coins too. Bitcoin just recently surpassed the mark of $71,200 and this bullish trend increases the chances of trading alts like Dogecoin (DOGE), Solana (SOL), and an up-and-coming new token Rexas Finance (RXS). November will be a great month for these three tokens as each possesses their own unique strengths and they could all be valuable additions to your crypto portfolio.

Rexas Finance (RXS): The New Age of Real World Asset Tokenization.

Rexas Finance (RXS) is taking over the asset management industry as its asset management model allows users to buy or sell real-world assets either fractional or full with just a click. This model is so advanced that it now positions Rexas Finance as a strong competitor to Bitcoin and the like. Rexas has recently completed its 4th presale round raising $5.45 million and the token is now priced at $0.07 as the project on presale is now in Stage 5. Rexas Finance was designed to take advantage of the real-world assets (RWA) tokenization which is in the fast-growing market and is currently valued at $8.01 billion. This makes it possible for users to own a fraction of assets such as real estate, pieces of art, or other valuable assets. Unlike traditional investment models, RXS allows users to widen their investments and form a portfolio that invests in some of the world's best markets. For instance, the entire supply of real estate globally is roughly $379.7 trillion, and fine art and collectibles comprise a $65 billion annual market. With tokenization, Rexas Finance comes in to fill the gap between these high-value assets and blockchain technology making the investment in these markets within reach of every individual investor.

Through its listing on CoinMarketCap and CoinGeeko, Rexas Finance has already made a name and garnered some degree of trust. On top of that, the platform is also working towards getting listed in three tier 1 exchanges out of the top 10 making it easier for its users to access and use it. These listings are important for enhancing the credibility of the token. It also helps to create a robust position for the token in the market and take the competition to other players within the crypto world. Rexas Finance has built an enthusiastic and devoted community due to its generous giveaway program whereby 20 winners each win $50, 000 worth of RXS tokens. User participation in this program requires them to provide their ERC20 wallet addresses and perform some specific quests. Participants are also encouraged to invite friends in order to boost their chances of winning whereby every friend invited adds +15 entries. This tactic not only won over thousands of participants, but it also made the Rexas community stronger, and therefore the token became more famous.

Dogecoin (DOGE): The Community-Driven Contender 

In a remarkable turn of events,  a cryptocurrency that started as a joke, dubbed dogecoin has managed to come into the limelight in the crypto industry thanks to the interest it has been getting from its users and staunch supporters known as the ‘Doge Fam’. The Son is soaring high as the Doge Sombrero has surpassed the $0.165 mark to achieve a 15% increase in value over the last 7 days. More so, over the past year, the crypto turtle has had an upward growth of 139%. Such growth is indicative of the potential $Doge may have come November and with the way the market is building its momentum. Further, the increasing whale transactions have also contributed to the renewed interest in the cryptocurrency market, causing a high signal for the $Dogecoin late odds. This level of activity from large holders signals that DOGE may experience increased volatility, resulting in significant gains. More so, the ease of use that comes with owning a Dogecoin has endeared many to it, making it even more popular, paired with its already active users. It is often associated with rapid transactions that are low cost, which makes it a convenient currency for business interactions. Dogepower illustrated interest and dedication towards the currency, which fueled significant changes in prices. With the support from the community as well as the increasing interest from whale holders, November appears to be the month where $Doge shines in the crypto market.

Solana (SOL): A High-Speed Blockchain with Increasing Adoption.

One of the most efficient Layer-1 blockchains Solana has developed is one with great transaction speeds and the ability to grow at an equally low cost. SOL's price increased by 4% to $182 during the past 24 hours; it has increased by over 460% over the past year. An extremely flexible blockchain, Solana is growing more and more popular among DeFi and NFTs after being acknowledged for enhancing DApps. As it looks now, the $190 seems the price to beat for SOL. In the bullish trend that seems to be building up, market analysts have it that the highest Solana may reach in a few weeks’ time is $260. The sustained surge is attributed to the ease SOL offers in terms of building fast and secure applications which most developers prefer. With the capability of executing thousands of transactions at low costs per second, Solana effectively becomes a threat to Ethereum for its popularity within Defi and NFT projects. The nature of Solana having high transaction speeds while charging lower fees also opens it to a larger pool of projects which leads to the growth of Solana’s ecosystem and supports the growth of Solana itself.

Conclusion

Since the crypto market is picking momentum in November, one of the right strategies could be diversifying through altcoins. Even if Bitcoin is still the market king, there are other assets with very strong growth characteristics such as Rexas Finance, Dogecoin, and Solana, especially as each token possesses its own unique strength. By the middle of November, many would have already started adding these tokens to their portfolio in order to have the right blend of community strength, stability, and prospects of innovation for the incoming market cycle that have the potential to render exorbitant amounts of earnings later on.

For more information about Rexas Finance (RXS) visit the links below:

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net