Bitcoin (BTC) Explodes After Trump Names Pro-Crypto SEC Chair, But Watch Out for XRP and This Other Altcoin
Bitcoin’s fast climb above $100,000 after President-elect Donald Trump appointed Paul Atkins as SEC Chairman changed the cryptocurrency market. Amidst the bullish BTC mood, traders are keenly exploring XRP and Rexas Finance as alternatives with bigger gain potential.
Bitcoin Reaches $104,000: Trump’s SEC Appointment Boosts Markets
Donald Trump appointed crypto enthusiast Paul Atkins SEC chairman on December 4. This news has sent a positive wave across the crypto market as top voices expect softer cryptocurrency regulations in the new administration. Following the announcement, BTC initially crossed $100,000 to trade at $104,000 before correcting below $97,000. CryptoQuant CEO Ki Young Ju expects Bitcoin to reach $150,000 with institutional investment and appropriate legal conditions.
XRP: The Altcoin Positioned for Massive Gains
Investors are eyeing XRP as Bitcoin rises. While trading at $2.35, Ripple’s native coin has gained significantly since Nov. 5. Tech and fundamentals drive XRP’s momentum. XRP has soared since Ripple’s SEC triumph. Analysts expect a 1,000% rally for XRP. Famous analyst Dark Defender expects XRP will reach $6 in the following years, while EGRAG CRYPTO predicts a 3,000% rise. Ripple’s technology’s institutional acceptance and partnerships with Santander and Bank of America could boost XRP. XRP’s concentration on cross-border payments makes it a long-term global finance player. The technical chart for XRP shows a symmetrical triangle, which usually signals a powerful breakout. Similar trends caused the 2017 XRP spike of over 110,000%. If it breaks $2.87, the token’s price could reach new highs in the coming months.
Rexas Finance (RXS): A Promising Altcoin with Big Potential
Bitcoin and XRP are rising, but Rexas Finance (RXS) is quietly gaining ground. With its real-world asset (RWA) tokenization, this unique concept is shaking cryptocurrency. Rexas Finance proposes tokenizing real estate, commodities, and art using blockchain technology to swap them digitally and fractionally. This gives typical investors access to high-value assets. The presale started on September 8, 2024, and it has sold out eight stages, with 94% of stage 9 also completed. Within this period, Rexas Finance has sold 315 million RXS tokens in its presale, raising $23.9 million. Each token is currently $0.125, 316% more than the $0.03 it started with. Analysts estimate a notable surge after the presale and the token lists on at least three tier-1 exchanges. Early investors are poised to gain tremendously when the coin is publicly traded.
More than asset tokenization, Rexas Finance makes the entire process accessible and secure. The Rexas Token Builder lets users design and launch tokens without coding. Advanced solutions like Rexas Launchpad for new blockchain projects and Rexas Treasury for extra earnings are also available. These tools make joining the blockchain community easy for beginners and experts. Secure smart contracts are a priority for Rexas Finance, which just underwent a Certik assessment. With CoinMarketCap and CoinGecko listings, Rexas Finance’s market visibility and validity grow. Meanwhile, 20 top participants will receive $50,000 in RXS tokens in the ongoing Rexas’ $1 million giveaway to reward its community. This event has gained wide acceptance, with over 400,000 entries received, raising project awareness and engagement. The project has an outstanding market reach. It targets real estate, commodities, and financial assets worth trillions of dollars. Rexas Finance could dominate the market with its innovative asset tokenization and public participation.
Conclusion
XRP and Rexas Finance are showing great potential as Bitcoin rises above $104,000 following Trump’s new SEC chair. Analysts say XRP should gain 3,000% in the coming months. However, investors seeking a cryptocurrency with utility and significant upside may consider Rexas Finance (RXS). RXS’s successful presale and promising development on prominent exchanges give crypto fans a unique opportunity to join a game-changing venture.
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
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
