This Altcoin is Setting Off the Same Signals That Led to Ethereum’s 9504% Price Jump in 2017, ETH Trader Says
One of the most iconic price swings in crypto history is still Ethereum’s ascent in 2017. At the start of that year, the offer ETH was selling for about $ 7.88, which little indicates the expected great surge. But, as the larger market gained steam in Mayeum’s price, Ether shot beyond the $100 barrier for the first time. By June, it had reached $414, and the movement had grown stronger. Ethereum’s price surged once more as the general crypto market experienced increased investor interest and institutional acceptance. At the end of December, ETH had reached $756.8, completing an amazing 9504% annual price growth. Growing acceptance, developer activity, and speculation that Ethereum’s smart contract technology might transform several sectors drove this enormous movement. An experienced ETH trader has noted that another altcoin is triggering the same signs that propelled Ethereum’s past price explosion.
Rexas Finance (RXS): The Altcoin Showing Ethereum-Like Signals
The ETH trader has found Rexas Finance (RXS) to be the altcoin presently reflecting Ethereum’s early path. With its creative real-world asset (RWA) tokenization approach—which lets users own or fractionalize real estate, art, commodities, and intellectual property— RXS is becoming popular. This idea fits the innovative use for which Ethereum became successful in 2017. Rexas Finance is already altering asset ownership internationally, much as Ethereum challenged established finance with smart contracts. The rising number of projects developing on Ethereum’s blockchain was a major driver of its expansion. Likewise, RXS is seeing increasing developer engagement and alliances that help to define its expanding ecosystem.
Strong community support, technological innovation, and growing adoption—these factors, according to the ETH trader, are preparing RXS to undergo a parabolic price explosion. The great demand during the presale period is another resemblance between the early days of RXS and Ethereum. Priced at $0.20 for each token, Rexas Finance is now in the last stage of its presale.
Investor confidence was high ahead of its official release at $0.25, and the presale garnered an amazing $44.33 million. This impressive presale success reflects Ethereum’s 2015 ICO, in which early project supporters received noticeably large rewards in the following years. Given the positive momentum around RXS, industry analysts believe its introduction might set off a significant rise, much like ETH saw when market acceptance surged in 2017.
As more people see RXS’s promise, the altcoin might copy or exceed Ethereum’s past 9504% increase. To increase awareness even further, Rexas Finance has started a $1 million giving campaign, which has attracted a large user base. The project intends to reward 20 lucky winners with $50,000 worth of RXS apiece, and thus far, over 1.22 million entries have been recorded. Participants must possess at least $100 worth of RXS tokens in the presale and finish different chores to qualify and get extra entries.
Security is one of the main issues facing the crypto sector, and Rexas Finance has taken significant action to solve this by guaranteeing a Certik audit. Certik is one of the most respected blockchain security companies, and its audit gives the project confidence and reliability. Ethereum’s security and openness were key elements driving institutional investors into the market; RXS is taking the same route.
Could RXS Surpass Ethereum’s 9504% Rally?
Given the similarities between Ethereum’s 2017 surge and Rexas Finance’s present path, one wonders whether RXS may outperform ETH’s 9504% price increase. The ETH trader thinks RXS has the basis, market demand, and creative use case to surpass even the most optimistic projections. Early adopters of Ethereum made significant returns; those who see RXS potential now could be in for a similar, if not more, bonanza. With its RWA model, which targets a trillion-dollar industry, the token is a transforming agent in blockchain-based asset ownership. RXS is positioned for an explosive run post-launch: its presale already exceeds expectations, significant exchange listings are on the horizon, and strong community support for its expansion exists.
Conclusion
Strong investor attitude, growing adoption, and technological innovation helped Ethereum climb in 2017. Rexas Finance (RXS) is a perfect candidate for exponential expansion today since it shows the same signals as ETH’s historical surge. As the project picks up steam, early investors have a rare chance to participate in what might be the next great cryptocurrency explosion.
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
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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.
