In the crypto space, it is the veteran analysts with an impressive history that control narratives. Let’s take a look at one such analyst who correctly forecasted dogecoin’s 10,000% rally in 2021. The analyst, however, has turned bullish on three Cardano (ADA) alternatives, particularly Rexas Finance (RXS), dogecoin (DOGE), and Toncoin (TON). They encompass three altcoins that are a healthy mix of innovation, real-world application, and opportunity for high growth making them bets for 2024 and beyond.
Rexas Finance (RXS): The Next Generation Leader in Real-World Asset Tokenization
First on the list is Rexas Finance (RXS), an emerging blockchain platform that has a core focus on Real World Asset (RWA) tokenization. This market is ready to revolutionize such fields as real estate, fine art, or commodities as individuals will be able to own fractional parts of these asset classes which are traditionally quite illiquid.
Why the Buy Signal for Rexas Finance?
- Real-World Utility: In contrast to many speculative tokens, Rexas Finance has a tangible use case as it seeks to bring real assets onto the blockchain. This caters to fractional ownership, thus bringing liquidity to markets that were previously out of reach.
- Strong Growth Potential: At present, RXS is selling for less than $0.10, which makes some analysts consider it extremely cheap, with the token potentially achieving 100x returns as the RWA market expands. It is becoming evident that the blockchain industry is evolving to focus on products with real-world use, and Rexas Finance has positioned itself to lead this change.
- Massive Presale: Rexas Finance has already generated enough interest from prospective people as its presale stages saw good demand and raised good amounts. Early backers know the right time to strike at future profits as analysts foresee several times returns after the token is listed on the exchanges.
Dogecoin (DOGE): The Ever-Soaring Memecoin
Dogecoin does not require much introduction, having gained fame during the bull run of 2021. It’s one of the fastest-rising Memecoin out there.
Why is there a Buy Signal on Dogecoin?
- Resilient Community: Strong and dedicated communities have always been the backbone of Dogecoin and its success. No matter how the market is performing, there have always been active DOGE holders with ongoing projects to enhance its use.
- Mainstream Adoption: There has been a gradual acceptance of Dogecoin for payment, with some firms adding it as a mode of payment. This additional use could increase demand and drive the price higher.
- Long-Term Potential: In terms of innovation, DOGE lags behind leading blockchain projects. However, its liquidity, branding, and populism make it attractive to short- and medium-term gain-chasing investors.
Toncoin (TON): The New Game Changer in the Field of Decentralized Applications
The Toncoin approach enables Telegram to act like Cardano or Solana, building its autonomous system where nearly every dApp will have a decentralized market for applications and more. It aims to solve problems in blockchain design, making it cheaper and easier to access.
What Is the Reason for the Buy Signal for Toncoin?
- Great Developer Support: Telegram is very attractive to users and has an experienced team of developers, making TON easy for its users to adopt. As it integrates into all regions, its reach to users grows enormously.
- Scalability: Toncoin is built with a level of scalability that is almost unparalleled, especially compared to existing blockchain systems. Its high throughput at low fees makes it appealing to both developers and businesses.
- Growing Ecosystem: Toncoin is rapidly developing its ecosystem, emphasizing DeFi and decentralized applications to compete with reputable blockchains like Cardano and Ethereum.
Why Are These Tokens Cardano Alternatives?
Despite the progress Cardano has made in developing its decentralized application platform and smart contract capabilities, Rexas Finance, Dogecoin, and Toncoin offer specific benefits that make them compelling alternatives.
- Rexas Finance adds value to the economy by providing real-life use through asset tokenization, a market with untapped growth potential.
- Dogecoin benefits from continued community support and growing mainstream popularity.
- Toncoin focuses on dApps and has the backing of Telegram, enhancing its competitiveness in terms of growth and development.
Conclusion: What the Analyst Thinks Investors Should Do in the Upcoming Bull Cycle
It was the same crypto analyst who predicted the Dogecoin price’s 10,000% jump in 2021 and now looks at Rexas Finance, Dogecoin, and Toncoin as the altcoins to watch in 2024. Their very distinct value propositions either center on tokenizing real estate or other real estate communities, or building decentralized apps that are highly useful and therefore, highly scalable.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfin
