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Cardano (ADA) and Polygon (POL) Increased Whale Activity, Which Indicates a Positive Trend as the Cryptocurrency Market Prepares for a Possible Q4 Rally.

Mary-Kate Olsen
Mary-Kate Olsen原创
2024-09-22 18:14:30817浏览

Amidst this, Rexas Finance (RXS) has garnered media attention for selling out its second presale round in less than a fortnight.

Cardano (ADA) and Polygon (POL) Increased Whale Activity, Which Indicates a Positive Trend as the Cryptocurrency Market Prepares for a Possible Q4 Rally.

Cardano (ADA) and Polygon (POL) are seeing increased whale activity, boding well for the cryptocurrency market as it gears up for a potential Q4 rally. Among the projects garnering attention is Rexas Finance (RXS), which has sold out its second presale round in less than two weeks.

Rexas Finance's RXS Token Stage 2 Presale Sells Out in 12 Days

Investors are showing keen interest in Rexas Finance, evident in the rapid sell-out of Stage 2 in its presale. The project sold 35 million tokens at $0.040 per RXS, raising $1.25 million. This highlights the strong demand for its innovative real-world asset (RWA) tokenizing platform. Notably, the project opted to bypass venture capitals, instead allocating the funding to individual crypto enthusiasts through presales, a strategy that has yielded impressive results thus far. The Rexas platform enables users to tokenize and trade tangible assets from anywhere in the world, offering a wide range of options, from commodities to real estate. Furthermore, Rexas Finance is distributing $1 million to twenty lucky winners, each receiving USDT valued at $50,000, as the project advances into Stage 3 of its presale. This initiative is generating excitement and fostering a sense of community within the project.

Large Polygon (POL) Holders Move Tokens to Cold Wallets

Polygon (POL) has also been attracting attention from large investors, with whale activity reaching new highs. Recently, trading volumes have crossed $71 million, and POL's price is approaching a crucial resistance level around $0.4045. Technical analysts are optimistic about a potential breakout, considering that a double-bottom pattern often signals a shift from a downtrend to an uptrend. If POL manages to overcome resistance, it may rally towards $0.50, marking a 23% increase from its current value. Moreover, technical indicators like the MACD and Relative Strength Index (RSI) are displaying strong buying momentum, suggesting that further gains may be in store. Adding to the bullish outlook, whale accumulation is evident as large holders are shifting tokens from exchanges to cold wallets, reducing selling pressure. With a network adoption rate that is continually increasing, Polygon is poised to continue growing into Q4.

Cardano (ADA) Trading Volume Topped $6B

Renewed interest in Cardano (ADA) is also emerging as whale activity increases and transaction volumes reach $6 billion. On-chain data provider IntoTheBlock observed an uptick in institutional investment, suggesting that ADA might be preparing for a bullish breakout. Recently, Cardano founder Charles Hoskinson announced the upcoming Leios Upgrade, which aims to enhance the network's performance and scalability, potentially putting it ahead of competitors like Solana. According to ADA's technical charts, a falling wedge pattern is unfolding, indicating a possible reversal and supporting the token's approach to a price of $0.70. Should the optimistic sentiment persist, ADA may witness a noteworthy surge in value, especially when the wider cryptocurrency market experiences a rally in Q4. Notably, Cardano remains a top choice for long-term investors due to its distinct proof-of-stake system and peer-reviewed developments, which are geared towards ensuring steady growth within the blockchain industry.

How to Join Rexas Finance Presale Stage 3

In response to the sell-out of Stage 2, Rexas Finance has commenced its third presale stage, where 1 RXS is priced at $0.050. Considering the high level of investor anticipation, this stage presents another opportunity for early investors to capitalize on the 6x profits that are anticipated when the token is listed at $0.20 on major exchanges. Investors can participate by visiting the Rexas Finance website and following a simple sign-up process. The tokenomics, which ensure a balanced allocation for staking, liquidity, and future growth, can be beneficial to early investors. With only a limited number of tokens available, the current stage of the presale is expected to sell out rapidly, given the high level of interest it has already received.

ADA, POL, and RXS Poised for Growth in Q4

All three projects are in a strong position for big gains, with Cardano and Polygon displaying bullish signals ahead of a possible Q4 market surge and Rexas Finance's second presale stage selling out in less than two weeks. Rexas Finance is poised to be one of the most interesting tokens to watch in 2024, thanks to its unique approach to asset tokenization, which is sure to appeal to investors who are looking for projects with substantial real-world applications and growth potential. Visit Rexas Finance’s official website for additional details on signing up for the RXS presale and participating in the $1 million giveaway.

For more information about Rexas Finance (RXS) visit the links below:

Website:https://rexas.com/

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