Based

VeChain

Rexas Finance

Polygon

Shiba Inu

Based on a recent Binance Research analysis, meme coins might be a far riskier investment than many are ready to admit. In a market mostly driven by speculation, an incredible 97% of these tokens have completely lost their value and shown unsustainable.&nbsp; The increasing trend of utility tokens that provide useful value beyond simple hype and speculation is underlined in this paper. Smart investors are moving toward utility tokens with real use cases instead of flimsy meme coins.&nbsp; Here, we look at five such utility tokens, concentrating especially on Rexas Finance. 
<h2 id="b-meme-coins-rising-and-fall-b">Meme Coins’ Rising and Fall</h2> 
Characterized by dramatic price swings and broad attention, the meme coin phenomena peaked in 2023 and 2024. While tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) have defied the odds by keeping value, the great majority of meme coins have failed to sustain trade volume or value over time. Binance Research notes that most meme currencies lack basic value and overreliance on market sentiment accounts for this great failure rate. The paper also notes rampant pump-and-dump tactics in the meme currency market, whereby some groups, or “cabals,” intentionally raise token prices and subsequently target naive investors. Meme coins, with a 97% failure record, have shown to be a quite dangerous investment tool with little lifetime and dependability.&nbsp; As such, a lot of investors are starting to understand the need to select tokens with obvious, useful uses inside the blockchain ecosystem. 
<ul> 
 <li aria-level="1"> <h2 id="b-rexas-finance-rxs-tokenization-driven-by-utility-b">Rexas Finance (RXS): Tokenization Driven by Utility</h2> </li> 
</ul> 
Rexas Finance (RXS) is attracting interest for its part in the growing discipline of real-world asset (RWA) tokenization. Unlike meme coins, RXS is meant to let investors engage in digital ownership of real estate, commodities, and luxury items, therefore empowering them. For anyone looking for a substitute for speculative tokens, this utility makes investing appealing since it promises constant relevance and value on the market. Currently, in its presale stage 5, RXS has sold over 128 million tokens and raised around $6.7 million, showing clear success immediately. The token price has progressively risen with each presale round, giving early investors great possibility for future gains. With a projected listing price of $0.20, RXS tokens are priced at $0.07 in their fifth presale round, therefore laying the conditions for a possible three-fold return upon launch. Rexas Finance is committed to ensuring investment security. To bolster confidence in its technology, the platform underwent a comprehensive smart contract audit conducted by CertiK, a leading blockchain security firm. Rexas Finance is launching a $1 million contest with 20 winners slated to get $50,000 each in RXS tokens to encourage community development and involvement. This project not only grabs attention but also strengthens a strong user base, therefore establishing Rexas Finance as a dependable substitute in the token market. 
<ul> 
 <li aria-level="1"> <h2 id="b-chainlink-link-decentralized-oracle-network-b">Chainlink (LINK): Decentralized Oracle Network</h2> </li> 
</ul> 
Connecting smart contracts with actual data depends critically on the distributed oracle network known as Chainlink. Chainlink provides a service supporting the larger capability of blockchain ecosystems by giving distributed apps a consistent means of access to off-chain data.&nbsp; Thanks to its fundamental use in decentralized finance (DeFi), NFTs, and other blockchain-powered technologies, LINK—the native currency of the Chainlink network—has shown endurance even during market downturns. Link remains a popular choice for investors seeking long-term value as Chainlink’s ongoing incorporation into significant blockchain initiatives shows. 
<a href="https://rexas.com?utm_source=timestabloi&amp;utm_medium=timestabloid1811" rel="nofollow"><img decoding="async" class="size-full wp-image-44649 aligncenter" src="https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4.jpg" alt="Binance Research Says 97% of Meme Coins Have Flopped: 5 Utility Tokens Smart Investors Are Hoarding While Everyone Else 'Gets Rekt'" width="815" height="131" srcset="https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4.jpg 815w, https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4-300x48.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4-768x123.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4-150x24.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/09/REXAS-FINANCE-4-696x112.jpg 696w" sizes="(max-width: 815px) 100vw, 815px"></a> 
<ul> 
 <li aria-level="1"> <h2 id="b-filecoin-fil-decentralized-storage-system-b">Filecoin (FIL): Decentralized Storage System</h2> </li> 
</ul> 
Safe, distributed data storage is one of the most important needs in the digital economy that Filecoin answers. Users of the platform are encouraged to rent out extra hard drive space, therefore building a distributed storage system with more privacy and less expense than more conventional choices.&nbsp; The primary token of the platform, FIL, has demonstrated consistency since it enables a growing ecosystem of storage options—which are absolutely vital for both personal and business users. The ability of Filecoin to upend the centralized cloud storage market drives FIL in great demand among fans of utility tokens. 
<ul> 
 <li aria-level="1"> <h2 id="b-polygon-pol-layer-2-solution-b">Polygon (POL): Layer 2 Solution</h2> </li> 
</ul> 
By offering faster transactions and less cost, Polygon (POL) a Layer 2 scaling solution for the Ethereum blockchain fixes scalability problems. POL is among the best-performing tokens with a real-world use case since its value in allowing smoother DeFi operations, gaming applications, and NFT platforms helps to define them.&nbsp; POL is a wise choice for individuals who value using the above hype as blockchain usage rises since the demand for effective scaling solutions like Polygon is projected to rise. 
<ul> 
 <li aria-level="1"> <h2 id="b-vechain-vet-supply-chain-management-b">VeChain (VET): Supply Chain Management</h2> </li> 
</ul> 
Designed especially to improve supply chain operations by means of transparent tracking and verification, VeChain is a blockchain platform Across its ecosystem, the platform uses its native token, VET, for smart contract activities and transactions.&nbsp; Through better supply chain traceability and openness, VeChain enables companies to maximize logistics and stop fraud. With uses in sectors including food safety, luxury goods, and pharmaceuticals, VET is a desirable utility token with practical, real-world value. 
<h2 id="b-why-do-utility-tokens-count-b">Why do Utility Tokens Count?</h2> 
Although meme coins might still appeal to some people, the Binance Research paper highlights how bad a choice they are for sustained investments since they lack intrinsic value. By comparison, utility tokens give more than just speculative gains. Their capacity to offer the infrastructure and tools needed to propel the industry ahead helps them to play vital roles in the blockchain ecosystem. For those trying to go beyond the rollercoaster ride of meme coins, utility tokens including RXS, LINK, FIL, POL, and VET offer a more consistent and significant investing plan. Choosing tokens with solid use cases helps investors negotiate the convoluted cryptocurrency terrain and steer clear of the “get rekt” destiny that has killed so many meme coin investors. As the Bitcoin market evolves, tokens are likely to become the foundational building blocks for the future of blockchain technology. 
For more information about Rexas Finance (RXS) visit the links below: 
Website:<a href="https://rexas.com?utm_source=timestabloi&amp;utm_medium=timestabloid1811" rel="nofollow"> https://rexas.com</a> 
Win $1 Million Giveaway:<a href="https://bit.ly/Rexas1M" rel="nofollow" class="broken_link"> https://bit.ly/Rexas1M</a> 
Whitepaper:<a href="https://rexas.com/rexas-whitepaper.pdf" rel="nofollow"> https://rexas.com/rexas-whitepaper.pdf</a> 
Twitter/X:<a href="https://x.com/rexasfinance" rel="nofollow"> https://x.com/rexasfinance</a> 
Telegram:<a href="https://t.me/rexasfinance" rel="nofollow"> https://t.me/rexasfinance</a> 
Disclaimer:&nbsp;This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. 
The post <a href="https://timestabloid.com/binance-research-says-97-of-meme-coins-have-flopped-5-utility-tokens/">Binance Research Says 97% of Meme Coins Have Flopped: 5 Utility Tokens Smart Investors Are Hoarding While Everyone Else ‘Gets Rekt’</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.

Binance Research Says 97% of Meme Coins Have Flopped: 5 Utility Tokens Smart Investors Are Hoarding While Everyone Else ‘Gets Rekt’

Table of Contents

Times Tabloid

Other articles published on Nov 19, 2024

Cosmos Health adds Bitcoin and Ethereum to treasury reserves

XRP Price Targets ATH as Ripple Whales Accumulate Massively

Bitcoin may be ready for another price surge as market interest in the U.S. increases

UTONIC Protocol and TonBit Join Forces to Form TON's Security Alliance

XRP Lawsuit Settlement News: Legal Expert Claims Ripple Has Leverage to Settle for Less Than $125...

Pump.fun Unloads $25M SOL Amid Solana’s Price Surge

Join our free newsletter for daily crypto updates!