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3 Crypto Coins That Could Skyrocket 500%+ If Bitcoin Hits $100K by Year’s End
Published
2 weeks agoon
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adminWith Bitcoin price hitting an all-time high of $77,252.75, the cryptocurrency market is speculating the next move, bullish at $100,00 for the leading crypto asset. When the value of BTC rises, usually, it causes a ripple effect as interest in altcoins increases, many of which can offer significant returns. Let’s delve into three crypto coins-Rexas Finance (RXS), Solana (SOL), and Cardano (ADA)—that may achieve increases of 500% or greater if Bitcoin maintains its rising trend.
Solana (SOL)
Solana has rapidly risen as a strong rival against other top blockchain platforms, preferred by users and developers, for its fast transactions and lower fees. Solana price is recording approximately $202, about 20% its record high of $260.06 it achieved in November 2021.
Forecasts suggest that the crypto coin might hit $500 or higher during the upcoming bull run, indicating a possible rise of over 50% from its existing price. The platform’s strong ecosystem backs decentralized applications (dApps) and non-fungible tokens (NFTs). This positions it favorably for ongoing growth as the demand for these offerings keeps increasing.
Moreover, institutional attention in Solana is increasing as traditional finance looks for scalable options to Ethereum, further boosting its attractiveness.
Rexas Finance (RXS)
Rexas Finance (RXS) is quickly advancing in the realm of real-world asset (RWA) tokenization, offering a groundbreaking solution that connects traditional finance with blockchain technology. The platform facilitates fractional ownership of usually illiquid assets like real estate, collectibles, and other prized possessions, thus broadening access for more investors.
The tokenization of real-world assets is poised to transform how individuals engage with high-value investments, broadening market access beyond the conventional elite.
Now in its 5th presale phase with a token price of $0.07, analysts forecast that RXS might climb to $17 by the year 2025. In anticipation of a listing on major exchanges, the RWA token is attracting considerable attention.
Its emphasis on liquidity, transparency, and security renders it a compelling investment, particularly as tokenized markets are anticipated to experience significant expansion.
Should Bitcoin’s surge to $100,000 ignite a broader crypto surge, RXS might emerge as a top coin to see substantial gains, potentially rising by 500% or beyond as interest from investors escalates.
Cardano (ADA)
Cardano has been considered as one of the most potential blockchain platforms because of its strong emphasis on security and scalability via a research-based methodology. Presently valued at around $0.43, ADA is ideally situated for substantial growth as it implements new features and improvements.
ADA price is forecasted to rise to approximately $3 by end of 2025, showing an increase of over 400%. By committing to compatibility and sustainability, Cardano is positioned as one the most attractive crypto coins to buy for long-term.
As the evolution of decentralized finance applications and smart contracts continue evolving on the blockchain, Cardano has potential to increase its market share as the rate of institution adoption rises.
Conclusion
As Bitcoin nears the $100,000 mark, these three crypto coins —Rexas Finance, Solana, and Cardano—offer attractive prospects for investors aiming to take advantage of the positive market sentiment. With possible profits surpassing 500%, these cryptocurrencies are strategically placed to take advantage of rising interest in both conventional and digital assets.
Jane Lubale
With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Dormant Ethereum Whale Returned With Donald Trump’s Win Making $30M
Published
2 weeks agoon
November 7, 2024By
adminNovember 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.
In the last 24 hours, the crypto market has seen a heavy boost, leading to a 9% surge in global market capitalization, currently at $2.43T. More importantly, traders’ enthusiasm has returned, guiding the trading volume to $180B. Overall, this was the outcome of the Bitcoin price hitting a new ATH of $76,460.15 just a few hours ago.
Dormant Ethereum Whale Made $30M With Crypto Trading
ETH price has surged 11% in the last 24 hours, attracting every crypto trading enthusiast towards itself, including this dormant Ethereum whale. As per the Lookonchain X post, this crypto whale has come out of dormancy after 8 years and instantly sold 11,005 $ ETH, making $30.56M with the Ethereum price of $2,777. However, this is not the only ETH whale that has dumped their tokens at the ongoing market rally. Another one sold $65.63 Million to Kraken earlier, which was concerning to many as such crypto whale involvement creates bearish sentiments.
However, despite this selling, the token is bullish and continuously moving up, currently at $2.8k, with a market capitalization and trading volume of $336B and $38B. It is impressive, especially after its earlier constant drop.
The Lookonchain post further revealed that the dormant Ethereum whale accumulated all these Ethereum tokens in 2016 when the ETH price was just $3.46. Since then, the value has surged more than 800X, making a heavy return for these crypto traders. However, if the whale had held for a little longer, it could have grabbed even better returns.
After the $ETH price rose, a whale dormant for 8 years sold 11,005 $ETH($30.56M) at $2,777 over the past 2 hours!
This whale accumulated 11,005 $ETH($38K at the time) from #ShapeShift at $3.46 per ETH in 2016.
The profit? $30.52M — an 802x return!https://t.co/f8CtLHvx2t pic.twitter.com/MKB15m19oR
— Lookonchain (@lookonchain) November 7, 2024
With this, the dormant Ethereum whale has showcased an impressive crypto trading strategy, i.e., holding for longer for heavier profits and never panicking, even if the price is down. This is because panic selling costs the opportunity to earn bigger. One prime example of this is this crypto trader who lost $454K in 40 minutes in panic selling after witnessing a downtrend in the crypto token.
What Is Coming Next For Ethereum Price Now?
With Donald Trump’s win in the US election, crypto analysts have anticipated the Bitcoin price rally to $90K or even higher. If that happens, the rest of the crypto market, including Ethereum price, might surge to new highs. Considering this and the strong buying pressure on the token, a few crypto trading analysts have anticipated a new ATH for ETH. However, considering its earlier weeks-long consolidation, there are doubts regarding its performance. Maybe, this is why, such dormant Ethereum whales exited the market early.
Ali, a crypto analyst, has recently shared his views about the ETH price, giving a better idea about the future. As per his post, the token has exhibited impressive performance so far and is moving parallel with his earlier prediction of Ethereum targeting new highs. He mentioned that the risk-to-reward ratio on this token is too good to pass up for a long position. Interestingly, others will also agree with that, as it is one of the most popular cryptos and has exhibited heavy gains in the past as well. And now, with the introduction of Ethereum ETFs, the expectations are way higher.
So far, so good: #Ethereum $ETH https://t.co/X4lodGGIVY pic.twitter.com/4jF3EauXUo
— Ali (@ali_charts) November 7, 2024
Before ending the post, Ali also mentioned that he has his stop below $1,880 and is aiming for a target of $6K, confirming the possible new ETH price ATH. Now, it is to see how this token will continue to cater to the holder’s crypto trading expectations.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.
As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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