Rexas Finance (RXS) has come into focus because it has witnessed noticeable activity from the big whales of Ethereum (ETH), Solana (SOL), and Cardano (ADA), who have continued to pour their investments into the presale of the project. Recently ended, the RXS Stage 1 presale was snapped up in less than 96 hours with 1,500,000 tokens sold for $450,000. As Rexas Finance prepares to enter its Stage 2 presale with its tokens priced at $0.04; the attention of the whale community seems to be helping the project gain momentum in readiness for the anticipated 6x growth upon listing.
Whales Flee Ethereum, Solana, and Cardano for Rexas Finance Presale
Recently, there has been quite a stir in the market due to the sudden activities of whales possessing a large amount of Ethereum, Solana, and Cardano. Particularly Ethereum whale has been cutting its position, with one whale moving 39.99 ETH (approx 93.5 million) to the Binance and thus revealing further risk of the ETH price dropping. Furthermore, another whale dispatched 14,588 ETH (USD 34.2 million) to the Coinbase Issuer. A third whale also dropped 10,000 ethers (23.3 million) onto Binance. These trades have seen over $151 million worth of transactions which shows that Ethereum whales are probably getting out of their current positions in readiness for new investments.
Solana whales have also taken on the role of active sellers. LookOnChain reported that a whale possessing a large amount of assets has increasingly sold their SOL, worth about $350 million every week since the beginning of the year. This whale account is said to possess SOL worth around $250 million; this account’s selling pressure has caused a panic regarding how it would affect Solana’s price going forward. Several such large crypto holders in the market have given rise to fears that these whales may one day control SOL and its movements entirely.
At the same time, Cardano whales are also shifting their focus. Following the successful implementation of the Cardano Chang hard fork, the whales, between 1 million ADA and 1 billion ADA, sold off over 326 million ADA, representing 15% of their holdings in worth ADA. But even with the infrastructure upgrade, whales appear to be hesitant regarding the near-term outlook for ADA. The pattern of sell-offs witnessed from the Ethereum, Solana and Cardano whales shows that these whales are searching for growth in other avenues, with Rexas Finance being tipped as the next big investment.
What is Rexas Finance?
Rexas Finance is an advanced blockchain platform that targets the tokenization of real-world assets (RWA), such as property, in this case. The project is solving the challenge that investors across the world face when trying to acquire assets like real estate, gold, and other commodities. Now, with Rexas, people will be able to buy full or fractional assets, and the barriers to dealing with such assets will be lowered forever for both asset holders and investors. It is projected that the platform will act as a link in bringing technologies in the blockchain and asset management into practice, giving sights and exposure to about trillion dollar markets like the real estate market, which is pegged at $379.7 trillion as of 2020 and the $121.2 trillion commodities market.
Why Whales Are Trooping To RXS Token Presale
The first presale stage of Rexas Finance started on the 8 of September and gained the interest of the crypto community and major whales in no time. The presale showed great anticipation, raising in the first 24 hours over $200,000, capping the impressive feat with a stage 1 sold out, then closing within 96 hours after reaching the targeted $450,000. The buzz has only increased even more in the second presale stage of the project, where RXS tokens are priced at 0.04, with increasing actions of whales from already established projects like Ethereum, Solana, and Cardano.
Early investors are on for a short term gain of 6x the value of the token once listed on exchanges at $0.20. Investors willing to join the project can still do so by visiting Rexas Finance’s official website and following the recommended steps.
Whales Are Confident in Rexas Finance’s Potential
As the Ethereum, Solana and Cardano whales commence their migration to Rexas Finance, the project is quite rapidly recognized as the next big opportunity for those looking to position themselves for the next main wave of blockchain-related services. With the presale now in Stage 2 and the buildup accompanying it beginning to build, there is a short period available for the investors to invest before the rates increase again. Rexas Finance is going to change the way real-world asset tokenization is done and thus presents those who want to invest early before the prices explode with a very good prospect.
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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