The cryptocurrency sector has made a remarkable comeback in the previous two days and continues to be at the $2 trillion level. Despite these turnarounds on a grand scale, there are those cryptocurrencies that attract the attention of investors every week. The top three most popular cryptos this week are Rexas Finance (RXS), Ripple (XRP), and Toncoin (TON).
Rexas Finance (RXS): A Rising Star
One of the newest and most talked-about cryptocurrencies this week is Rexas Finance (RXS). Only in its stage of presale, the RXS project has managed to capture the interest of many investors and people within the crypto space. RXS is currently in its second phase of recruitment and is offering each token for $0.04. It had a successful first phase which sold out three days after the presale started on September 8, 2024. In such a short time that Rexas Finance has been active, it has already nabbed $800,000 worth of Investment, an indicator that investors are confident in the prospects of the project. Such products and services related to finance that would be built on blockchain would also revolutionize decentralized finance (DeFi). Such predictions as RXS could bring over the next period of a few years state big move up with 2025 being a key year for the project’s growth.
Considering the current trends and their analyzed developments, many projections are alluding to the fact that the token may reach $5 by the close of 2024, which is quite a jump from what it is currently. This week, people are still talking about Rexas Finance’s offering which is a whopping $1 million award for its current users helping the interest level in the platform. There are over 65,182 total entries for the giveaway and RXS is gathering wide attention. The market gurus now believe that the price of the token will move to $0.05 in the next phase once the presale moves on helping the token to have a real chance of exponential growth as soon as it gets on the public market.
Ripple (XRP): A Veteran Still Making Waves
Ripple (XRP) is one of the first and one of the most popular cryptocurrencies that is not out of the few dominant ones in the market. During this week an impressive degree of fluctuation bored XRP price action as always its relatively recent speculative increase edged flat towards $ 0.58. This, however, does not prevent XRP from being one of the most popularly held digital currencies of today as it offers a unique use case for the international financial sector. Hence still plenty of usage cases will remain for the XRP. As it stands the trading price of the cryptocurrency XRP is $0.567 while the 24-hour trading volume is standing at $1.06 billion.
The price of the Relative Strength Index sits at 52.62 with slight pressure indicating no extreme trend toward more sellers than buyers but not yet to the buyers’ side either. Although there has not been any noteworthy increase in its value in recent times, XRP remains a trader’s delight as well as a long-term holding asset.
Toncoin (TON): Strength in the Face of Challenges
Lastly, Toncoin (TON) completes this week’s three most popular cryptocurrencies in the world. Even though its price has decreased over the past week, Toncoin at $5.4838 has performed well in this week having been in the negative by 33.83% from the highest price ever recorded of $8.2873.
The other driver of interest and speculation around TON was the recent introduction of several meme coins on the Toncoin blockchain which saw the price shoot up. The increasing number of meme coin launches on the TON blockchain also points to the increasing acceptance of digital assets within the crypto space.
These meme coins further serve to generate interest in TON contributing to the bullish movement of the coin. A considerable rise in the price of Toncoin is anticipated in the forthcoming months because the TON network is set to expand and progress further.
Conclusion
This week, Rexas Finance (RXS), Ripple (XRP), and Toncoin (TON) emerged as the most popular virtual currencies, although their objectives are different. Rexas Finance however is a project in its infancy but has started generating a lot of enthusiasm due to effective presale and the future objectives of the project.
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
