Ethereum (ETH) Price Leaps After Fed Rate Cut But ETFs Struggle, Rexas Finance (RXS) Swiftly Sells Out Presale Stage 2

Ethereum's ( ETH) price has jumped by 3% following the Federal Reserve's most recent rate drop, igniting investor hope. Ethereum ETFs have, however, failed to pique investor curiosity even as ETH rises. As this is going on, the real-world asset tokenization platform Rexas Finance (RXS) is having a great presale. Stage 2 sold out quickly, demonstrating the increasing demand for tokenized asset investments.

Stage 2 of Rexas Finance Presale is Sold Out

Rexas Finance has hit another major milestone, with Stage 2 of its presale selling out in record time. The second stage's amazing $1.25 million in income, with tokens valued at $0.040 each, clearly showed great investor interest. Blockchain technology allows the platform to tokenize actual assets like real estate and artwork and make them accessible for fractional ownership. Investors are drawn to the project's creative ideas, such as Rexas Token Builder, Rexas Launchpad, AI Shield, and many others; Rexas Finance has even launched a $1 million lottery in which 20 lucky guests will each receive $50,000 USDT. With tokens worth $0.050, the platform moves into Stage 3 and still generates great excitement.

Ethereum Price Increases After Fed Rate Cut

After a 3% price increase in response to the Federal Reserve's 50 basis point rate drop, Ethereum has returned to the headline. Rate reductions have historically increased interest in risky assets like Ethereum, and experts believe the altcoin may repeat its 2021 bull run record. Back then, Ethereum outperformed Bitcoin by more than doubling in value in a few months' worth of relative comparison. NFTs, stablecoin issuing, and distributed finance (DeFi) drive Ethereum's ecosystem. The latest rate cut is anticipated to boost on-chain activity and spark a fresh rise. Ethereum has significantly underperformed Bitcoin this year, according to Steno Research analysts, but the current momentum change may quickly close that difference. Key resistance levels at $2,595 and $2,817 are being actively watched by investors as they may indicate Ethereum's future move in the market.

Ethereum ETFs Fail to Impress

Ethereum has had a price surge, but Ethereum ETFs have had difficulty gaining traction. Spot Ethereum ETFs saw notable withdrawals during the week, losing $12.9 million by the end of the week. Notably, losses on Monday, Wednesday, and Thursday totaled over $25 million, while slight gains on Tuesday and Friday were insufficient to counteract the overall decline. The general excitement surrounding Ethereum's price increases contrasts sharply with the poor performance of Ethereum ETFs. ETF investors, according to analysts, are still being cautious, most likely as a result of ongoing regulatory uncertainty and market volatility. This poor performance reveals a widening gap between institutional investors' reluctance to use Ethereum ETFs and the optimism observed in spot trading.

Why Investors Are Turning to Rexas Finance Presale 3

An increasing number of investors are looking to take advantage of cutting-edge initiatives like Rexas Finance as Ethereum ETFs flounder. Tokens are priced at $0.050 as of the third stage of the presale, and early investors are putting themselves in position for possible 6x gains when the token lists at $0.20. Retail and institutional investors have taken notice of this because they want to get into the real-world asset tokenization industry, which is expanding and that Rexas Finance is expected to lead. Furthermore, investors have responded favourably to Rexas Finance's choice to forego venture capital (VC) funding in favour of a public presale. The platform makes it possible for more people to contribute to the project's success and profit from the quickly expanding market for tokenized assets by giving the public priority. For investors seeking alternatives to conventional cryptocurrency trades, Rexas Finance is swiftly establishing itself as a top choice because of its high liquidity, user-friendly interface, and practical use.

Conclusion

Even though Ethereum's price has increased since the Fed 50BPs interest rates cut, many investors are switching to more promising ventures due to Ethereum ETFs' poor performance. Rexas Finance presents a strong substitute thanks to its profitable presale and expanding market demand. Investors now have another opportunity to participate in the real-world asset tokenization revolution as Stage 3 of the presale begins with tokens priced at $0.050. Don't miss what might be among the most profitable cryptocurrency investments of 2024. For further information about the business and how to participate in the presale, visit the official Rexas Finance website or interact with the community on social media.

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