5 Cryptocurrencies to Buy as Round 2 of the Bull Market Gathers Momentum | Coinspeaker
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5 Cryptocurrencies to Buy as Round 2 of the Bull Market Gathers Momentum

December 24th, 2024 at 3:59 pm UTC · 5 mins read

5 Cryptocurrencies to Buy as Round 2 of the Bull Market Gathers Momentum

/Rexas Finance/ – In November, the crypto market witnessed a remarkable rally. This happened after the outcome of the U.S. election was announced. The positive result was a turning point for the crypto market since Donald Trump is regarded as a pro-crypto president who may alter the regulatory environment, making it more crypto-friendly than it was under Joe Biden’s reign. Multiple altcoins are preparing to lead as the crypto scene is about to witness round two of the bull market. Below are five cryptocurrencies you should acquire right now to make sure you get the rally.

Rexas Finance (RXS) Token Launch: A Path to Monumental Increase

Since its presale started in September, Rexas Finance has performed excellently. Now in stage 10, RXS has risen from $0.03 to $0.15, a 400% increase. It will climb to $0.175 in the next stage and $0.20 when it lists on exchanges, generating a 566% increase. The project’s vision to transform asset management through innovative asset tokenization has fueled its presale momentum. The initiative seeks to create digital tokens from tangible and intangible assets like real estate and intellectual property, enabling fractional ownership among investors. This helps the project resolve long-standing challenges, including liquidity concerns, high-entry barriers, and inaccessibility.

Rexas Finance creates new opportunities in the RWA industry by removing these obstacles. Rexas Finance is also running a giveaway to honor its growing community. Twenty fortunate winners get $50,000 worth of RXS each. As the token launch nears, experts believe it could witness a surge, joining round two of the bull market. Post-launch, RXS can rally to $12.50, a monumental increase from its listing price. With upcoming listings on three significant exchanges and its presence on CoinMarketCap and CoinGecko, RXS is positioned for substantial market visibility and adoption. Rexas Finance is well-positioned to rally alongside the market, making it a must-buy right now.

Ripple (XRP): Stablecoin Launch to Propel Price Movement

XRP price has begun surging again after the announcement of Ripple’s lab upcoming stablecoin launch. Ripple’s stablecoin, RLUSD, will launch on Uphold this December 2024, which could help XRP surge ahead of the market rally. Since the launch was announced, XRP has already witnessed a 12% increase. Analysts also believe XRP’s rise is far from over. Following Donald Trump’s inauguration, it is expected to keep surging, as that day also marks the retirement of Gary Gensler.  Meanwhile, Ripple whales have accumulated 830 million XRP, signaling strong market confidence. Ripple’s narrative is strongly positive, and its rise in round two is imminent, making it a must-buy.

Dogecoin (DOGE): A Bullish Prediction

Dogecoin remains bullish, and analysts have maintained a positive outlook. Recently, several analysts, including Trader Tardigrade and Ghazi, have given price predictions for DOGE in the near term. Some have even set a high target of $3. A moderate prediction sees DOGE surge by 85%, potentially reaching $0.75 by early 2025. Raoul Pal, a former hedge fund manager, has even expressed his confidence in DOGE. At the time of this report, DOGE trades at around $0.40. It has been consolidating around this range since it hit a high of $0.47 last month. Whale activity is also rising, with large investors buying 160 million DOGE within 24 hours, signaling growing investor confidence. Backed by institutional interest and speculation around Elon Musk’s X integration, DOGE is a promising addition for the next bull run.

Chainlink (LINK): Institutional Interest Shows Market Confidence

LINK has been on an uptrend, rising by 97% in the past month. Now, analysts predict it could soon hit $34 or $47 and then go as high as $61. Whale activities have also surged, as institutional investment reached $19.61 billion, showing strong market confidence. Technical indicators show LINK approaching critical resistance at $30, with key support at $29.27. If it breaks past this resistance and the next one at $32, it could pave the way for higher targets. At press time, LINK trades at $28.27. With innovation and institutional interest on the rise, LINK remains a strong contender.

Ethereum (ETH): Whales Fuel Surge

On December 16, ETH broke above $4,000 for the first time since March. It has previously tested this key resistance level several times and faced rejection. Following this breakthrough, analysts predicted key targets at $5,193 and $7,299. In the long run, ETH could reach as high as $15,937 to $18,000 this decade. Whale dominance is also at an all-time high, with 104 wallets holding over 57% of ETH’s supply.  Investor data reveals 94% are currently in profit, adding to the positive sentiment. ETH’s strong fundamentals and rising on-chain activity show clear momentum. Breaking the $4,100 resistance could drive ETH toward new all-time highs, targeting mid-$5,000 in the near term. With this potential surge, now is the best time to stock up on ETH.

Conclusion

These five cryptocurrencies are among the best to hold ahead of the second leg of the bull market. However, Rexas Finance presents the best opportunity. After it lists, it is poised to witness a massive breakout to $12.50. Thus, investors looking for the highest profit should include it in their buy list.

For more information about Rexas Finance (RXS) visit the links: Website, Win $1 Million Giveaway, Whitepaper, Twitter/X, Telegram.

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