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For those who are rather well acquainted with the trading of Cryptocurrencies, some perfectionist glum on hodl and they somehow do everything right. This is the story of one Bitcoin whale who bought Ethereum (ETH) in its infancy and watched the price rise from $10 to $4800. That same Whale now has turned his eyes toward Rexas Finance (RXS), an altcoin priced at less than $0.08.
To gauge the level of an individual whale’s success in the Ethereum platform, one has to understand the history of Ethereum. The history of the launch started in 2014, its official launch. Even during the very initial years, the price performance of the asset wasn’t impressive. From 2014 to March 2017, the ETH was traded in the range of $0.70 to $21. By January 2018, the token reached $1,418 the highest price for Ethereum Network. Roughly about three years would be needed for ETH to hit its previous record high that it attained during its bull run of 2020-2021.
In the period between February to November of 2021, the price of Ethereum increased by more than three times its previous amount with the highest at $4,891.70.For the Bitcoin whale in question, it was a completely comical surge of 47,900% in price for the whale to have bought ETH at $10 and then sold at $4,800.
Having said that concerning the Bitcoin whale who is famous for getting involved in early-stage projects, he is now pouring resources in one of the new altcoins, Rexas Finance (RXS). Still, in its presale phase, the price of RXS is below $0.08 and therefore is a great chance for an enthusiastic investor to buy the cheap tokens of a potentially very profit-earning project. Rexas Finance is a non-custodial marketplace, that allows users to tokenize any asset class like real estate, artwork, physical assets, or intellectual properties. It seeks to change the current status of the distribution of assets and their transactions locally and internationally.
Rexas Finance is currently facing phase 3 of its presale whereby the adopting audience encroaches into joining the platform before its launching day. In phase 2 of the presale, the strike price for RXS tokens was $0.04 and there was a project of the supply of 20,000,000 tokens. Such tokens were sold out in less time than expected and $1.25 million were raised.
The ability of the presale to achieve its target within such a short period is an indication that there is an increasing appetite among investors, and therefore, no reason for a Bitcoin whale to look the other way. As of phase 3, the price has gotten a bit higher up to $0.05 however looking at the figure of less than $0.08 per token it is still inviting for those who intend to follow the whale.
Rexas Finance is expected in the opinion of analysts to experience a price explosion as its platform starts meeting the tokenization of assets that are overwhelmed by users. Some forecasts even predict that RXS could surge by more than 50,000% in price by 2025 allowing first-time investors to enjoy the very few kinds of profits mainly reserved in normal markets. This significant investment in RXS is a clear vote of trust in the project, considering the experience of a Bitcoin whale when it comes to launching great projects. To bring even more excitement about the project, Rexas Finance has initiated a $1 million giveaway. Such a reward is more than effective as over 72,000 people have already signed up to participate. This promotion will last for 131 days and 20 users stand a chance to win $50,000 each.
For people who did not catch up with the advancements of Ethereum in its initial stages, Rexas Finance comes as a new chance to engage in an interesting project that could witness rapid development in the coming months or the coming years. The Bitcoin whale who earned a lot by investing in ETH has seen the potential in RXS. Buy RXS today to enjoy loads of benefits from the token.
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
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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.
