Remember When XRP Fell to $0.28 in 2022? Now On Track to Hit $5: 2 More Undervalued Coins You’ll Wish You Bought Earlier

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The volatile landscape of cryptocurrencies once again demonstrated its unpredictable nature through XRP’s dramatic price journey. During the tumultuous year of 2022, Ripple’s native token hit a stark low point, plummeting to a mere $0.28 and sparking widespread curiosity about its underlying value and potential trajectory. Despite the significant downturn, cryptocurrency analysts maintained an optimistic outlook, with many experts suggesting that XRP retained bullish potential and could experience a substantial price recovery. Simultaneously, the emerging token RXS began to capture market attention, presenting itself as another intriguing prospect in the ever-evolving digital currency ecosystem.

The Resurgence of XRP

The XRP has been surged to a remarkable comeback recently. This token will soon float to its highest record this year at $3.84. However, with the legal fight against the SEC drawing to a close investors are now predicting an upward trend in prices. In their forecasts, XRP could climb up to $5 (and even more) per coin by the end of 2024 due to the growth in demand for Ripple’s services in various markets and in decentralized finance, where XRP is used more and more. The latest price movements point out that XRP is in a strong bullish trend. Near the psychological $2 level, many traders are watching for a breakout that may produce some hefty profits. Technical analysis reveals that XRP has made bullish patterns that could result in XRP rallying considerably if it breaks past key resistance levels. According to some analysts, if market conditions are right, XRP could even see $10 in this cycle.

Introducing RXS: The Next Undervalued Coin

While XRP captures much of the market’s attention, another token is quietly making waves: RXS. During presale, one RXS costs $0.125, and with its new approach to Real World Assets (RWA), it is setting trends. Now RXS is a progressive project in the sphere of cryptocurrencies, the main direction of which is the implementation of the blockchain into practice with real-world objects. Rather than being just another token, RXS is the token that will unlock the capability of bridging the gap between the conventional financial system, and the technology on the blockchain. The latter is even more relevant as traditional players and novice investors more often look for secure and transparent tools to manage their funds. RXS has been received positively; when written at the time of presale, as of that time the sale has exceeded $21 million of $26 million.

The thing that separates RXS is that it has a strong backer and some security measures. The project is audited by Certik, meaning it has to be secure and transparent. Another benefit of being listed on those platforms is that it increases its credibility and visibility in a very crowded crypto marketplace.

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The Potential of RXS

Despite that RXS is still on its presale journey, analysts believe its price would stand at $5 at the end of December 2024. Indeed, this is a potential huge rise from the current price point. As more will come to see and realize the value using blockchain to solve real world problems and need for RXS token will increase. If you are a crypto investor looking to invest in something with a high potential, get in before RXS gets mainstream. In the first instance, the active use case of RWAs and the appealing community make RXS an attractive investment option. It’s a bullish phase right now in the cryptocurrency market rate, and altcoins are following the steps of Bitcoin. XRP and RXS will gain from general uptrending of the market sentiment because Bitcoin is approaching new all time high. Altcoins traditionally rally with Bitcoin and rally doubly hard.

Stellar Lumens (XLM): An Undervalued Gem Poised for Growth Beyond $1

Another undervalued coin in this context is XLM (Stellar Lumens). XLM is currently trading just around $0.5556 and has shown some great potential for growth lately as it bounced off of key support levels and looks like it could possibly be on track for pushing past the $1 mark. But like XRP, analysts have noted its strong fundamentals and usefulness as a cross-border payment tool.

Cryptocurrency is a very lucrative place if you know something about it. This resurgence indicates that XRP is just one of the many cryptocurrencies focused on real-world applications and utility once again. On the other hand, RXS is an undervalued token whose value is poised for massive growth, because of its innovative solution with RWAs. As we approach 2025 and beyond, both XRP and RXS are very attractive choices to invest in. These tokens are poised to thrive in a future financial ecosystem through their specific focus on cross-border payments and integration of real-world assets. As these developments take place, investors should watch out for them, as they could receive great returns if they see and invest in these promising cryptocurrencies in advance.

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

 *This article was paid for. Cryptonomist did not write the article or test the platform.