Token

Rally

Toncoin

<p>The recent events surrounding the actions of large holders, known as ‘whales’, are rather surprising. Recently, a Toncoin (TON) whale sold off 52% of their holdings which made a ripple effect throughout the market. Even though selling off a huge chunk of <a href="https://thenewscrypto.com/crypto-insider-shares-altcoin-he-believes-has-bigger-millionaire-maker-potential-than-shiba-inu-shib-or-pepe-coin-pepe/" target="_blank" rel="noreferrer noopener nofollow">Toncoin</a> could elicit fears about the prospects of the currency, the fact that the whale chose to invest in Ripple (XRP) and a Real-World Asset (RWA) token that is expected to multiply 50 times in a short time has raised so much curiosity. Thus, what were the reasons for such a strategic decision and what does it tell us about the general state of the cryptocurrency market?</p>  <a href="https://rexas.com?utm_source=tnc&amp;utm_medium=tnc13092" class="d-block mt-4" target="_blank" rel="noopener"> <img decoding="async" width="1440" height="100" src="https://thenewscrypto.com/wp-content/uploads/2024/09/unnamed-5-1.png" alt="Rexas" class="rounded"> </a>  
<h3 class="wp-block-heading" id="h-why-the-whale-moved-away-from-toncoin-ton"><a href="https://rexas.com?utm_source=tnc&amp;utm_medium=tnc13092"></a>Why the Whale Moved Away from Toncoin (TON)</h3> 
<p>In the previous months, Toncoin which is the official token of the TON decentralized blockchain platform has also made its mark. This project has gained considerable attention as it was developed by a team that is a co-founder of Telegram Messenger. However, the recent decision of this whale, who sold off 52% of their TON holdings, raises some concerns regarding the token’s short-term prospects. For one, it may have been timed to coincide with the recent performance of their stake selling, the price of Coin TON plunged. After an impressive run-up of prices for Toncoin at the beginning of the year, there has been a price stagnation, and the whale could be including other potential high returns elsewhere. The high and rapidly growing competition in the niche of blockchain technologies portrayed by younger projects with better offers may also account for it. The whale’s move could imply that Toncoin has reached a level of growth, at least for now, beyond which there are no further growth prospects. On the other hand, the nearness or the approach of regulatory action on Toncoin could sometimes be a factor. As many projects display potential overlaps with big business, (many blockchain projects in the big companies), there might be concerns such as this whale has about stakeholder concerns that might trigger a policy backlash.</p> 
<h3 class="wp-block-heading" id="h-ripple-xrp-gains-whale-attention">Ripple (XRP) Gains Whale Attention</h3> 
<p>Another pertinent decision made by the whale is the decision to move a portion of their funds into Ripple (XRP). This is not only of great concern to Ripple considering the legal tussles it has experienced, but also due to the rise in use cases of Ripple in international transactions. The crypto startup Ripple faced a lengthy court battle with the SEC over the regulations of its crypto coin known as XRP. Once again the market rallied behind XRP as the programmatic sales of XRP were not classified as remembered. As a result of this legal clarity, confidence in the currency was also restored to the investors. Losing one of its key arguments in the court by the SEC means XRP has investments in Ripple’s cross-border payment infrastructure. The whale probably perceives this as a chance to take advantage of the increasing scope of Ripple in the finance sector as more institutional users are likely to enter the area of its blockchain technology soon. Additionally, regulatory clarity that is available in the case of Ripple may be a source of comfort to long-term holders. With one of their number being the very few cryptocurrencies that have undergone serious legal challenges, XRP will probably be considered a more secure investment than those altcoins that are still in the gray zone of regulation.</p>  <a href="https://rexas.com?utm_source=tnc&amp;utm_medium=tnc13092" class="d-block mt-4" target="_blank" rel="noopener"> <img decoding="async" width="1440" height="100" src="https://thenewscrypto.com/wp-content/uploads/2024/09/unnamed-5-1.png" alt="Rexas" class="rounded"> </a>  
<h3 class="wp-block-heading" id="h-rexas-finance-rxs-primed-for-a-50x-rally"><a href="https://rexas.com?utm_source=tnc&amp;utm_medium=tnc13092"></a>Rexas Finance (RXS) Primed for a 50x Rally</h3> 
<p>What many of the participants have found to be the most interesting about the whale’s move is how they intend to devote all resources to purchasing Rexas Finance (RXS), an RWA token currently in its presale phase. This involves using blockchain technology to facilitate the exchange of fractions of real-world assets including real estate, commodities, and fine arts which <a href="https://rexas.com?utm_source=tnc&amp;utm_medium=tnc13092" target="_blank" rel="noreferrer noopener nofollow">Rexas Finance</a> is currently working on advancing into a new regime that works in a decentralized manner. The idea is becoming popular because it taps into previously illiquid assets and thus there are more markets and more investors than ever before, its targets being just high-net-worth individuals and institutions. The demand for the tokenization of real-world assets has grown remarkably and Rexas Finance can find a way of capitalizing on this market which is likely to transform the entire financial market. The whale’s decision to put money into the purchase of Rexas Finance points towards a high potential of the platform accruing a large market share of this market that is still emerging. Real estate is one towards a $300 trillion market and hence tokenizing a fraction of these assets will result in huge value creation. One key reason the whale might be betting on Rexas Finance is its ability to democratize access to high-value assets. Due to fractional ownership, investors can acquire expensive assets such as luxury apartments or works of art, which they would otherwise not be in a position to afford. This not only extends the investor base but also enhances market activity in areas that have always been thin. The idea that Rexas Finance can potentially go up by 50x is attributed to the fact that the company has a new way of looking at asset tokenization and the increasing demand for RWAs. As more of these investors understand the blockchain and its implications for the real estate market, Rexas Finance makes money as it receives a surge of funding. The presale of RXS tokens has already garnered considerable interest with the participation of major investors including this whale in the early stages of the project.</p> 
<h3 class="wp-block-heading" id="h-why-rexas-finance-rxs-could-deliver-50x-returns">Why Rexas Finance (RXS) Could Deliver 50x Returns</h3> 
<p>The whale’s announcement of investing in Rexas Finance comes across as a growing belief that RWA tokenization understands and puts faith in the idea that it could be the next big thing in the world of cryptocurrencies. Here are a few factors that could make Rexas Finance go for a fifty-fold increase:</p> 
<p><strong>Access to Trillion-Dollar Markets</strong>: Rexas Finance, by way of RWA tokenization, targets the very expansive asset markets that range from real estate to artwork, and commodities that are worth trillions. This creates a huge room for penetration in terms of service provision with huge possibilities of investing high volumes of capital into the RXS ecosystem.</p> 
<p><strong>Fractional Ownership and Liquidity</strong>: One of Rexas Finance’s greatest strengths is that it enables individuals to purchase a fraction of valuable interests in high dollar amount assets. This, however, increases the amount of money orbiting that market which is crucial for the future of the market.</p> 
<p><strong>Backed by Real Assets</strong>: Such speculative cryptocurrencies as RXS tokens held no asset-based value but rather practical use. Rexas Finance thus is less risky and more secure in terms of investment especially when the market is turbulent.</p> 
<p><strong>Increasing Investor Participation</strong>: The resounding triumph of RXS in presales, complemented by whale investments, indicates that both institutional and retail markets have begun recognizing the value of RWA tokenization. This could in turn push the price of RXS much higher as soon as it is listed in the public marketplaces.</p> 
<h3 class="wp-block-heading" id="h-conclusion-the-whale-s-bold-move">Conclusion: The Whale’s Bold Move</h3> 
<p>The decision of the Toncoin whale to put its funds in Ripple (XRP) and Rexas Finance (RXS) is however one of the responses to the dynamism of the crypto market. On one hand, Ripple has a use case through its cross-border payment network. On the other hand, Rexas Finance is an extreme gamble on the future of tokenized real-world assets. Rexas Finance’s capabilities pose a high feasibility of up to 50x potential returns providing RWA investors with access to trillion-dollar markets. As time goes by the first whale that moves like this emphasizes the significance of diversification in the fledgling crypto market and the increasing attention on tokens that have utility in the real world and larger pies for the distant future. Those who wish to be at the forefront of another massive change of direction in the crypto industry should focus on noticing Rexas Finance and the way it decides to go with tokenizing real-world assets.</p> 
<p><strong>Disclaimer:</strong> TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.</p>

Toncoin (TON) Whale Sells Off 52% of Holdings, Redirects Funds to Ripple (XRP) and RWA Token Primed for a 50x Rally

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