Investors are not ready to test their patience, relying on legacy coins anymore. Instead, the market is rapidly inching towards the coins with an assured bullish signal around them.
It might be an altcoin or a meme coin. Investors are ready to place their bets on it.
No wonder the market is leaning towards SOLANA and RIPPLE. XRP may be down under $2. But there are bullish signals, as proven by the 100-day summary.
But these trustworthy coins are not enjoying the traction alone. Tere is another emerging star among altcoins- the Rexes Finance, a.k.a., RXS.
Most investors feel that the coin is poised for spontaneous future growth. Before their planned listing in 2025, the coin hopes to catch the attention of the market.
No doubt, SOL and XRP have their place in the market now. Especially when BTC is down to $83,000. However, these new coins could be the silent killers the market is yet unaware of.
The Cup and Handle Analysis Hints at 270% Growth
Is that going to happen? One of my colleagues said that when we were analyzing Solana’s market trends with the Cup and handle model.
However, the current stats hint at the same. Institutional investors are rewarding Solana for a consistent 2024. There is at least 16% new growth in investors at the advent of the new FY.
Finally, Solana is Bullish Again?
Finally, SLNA is bullish again. The current valuation is around $128.91. The recent dip hasn’t been recovered yet. But the major tribe of investors wants to capitalize on the moment and gain from an unexpected upward momentum.
RXS Rising Too!
RXS is making its mark in the presale stage. This altcoin is poised with huge potential. However, it is not any other hype-based token. Instead, RXS’s popularity is based on an advanced ecosystem that may offer tangible benefits in a decentralized interface.
