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4 Ethereum (ETH) Rivals to Turn $135 into $135,500 in the Next Altcoin Season

  • November 7, 2024
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  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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The post 4 Ethereum (ETH) Rivals to Turn $135 into $135,500 in the Next Altcoin Season appeared first on Coinpedia Fintech News

As the altcoin season approaches, veteran traders are looking into a few cryptocurrencies competing with Ethereum (ETH), which are likely to gain value in the coming altseason.  With some encouraging projects being developed to improve usability, explore new use cases, or target specific audiences, this next altcoin season might turn out to be very active.  Four coins that could turn small amounts of money into profits include Rexas Finance (RXS), TRON (TRX), Bonk (BONK), and NEAR Protocol (NEAR). We explain below why there is a potential for each of them to do well.

Rexas Finance (RXS): A Leader in Real-World Asset Tokenization

By focusing on real-world asset (RWA) tokenization, Rexas Finance (RXS) has gained recognition within the crypto ecosystem. This enables investing in things like real estate, gold, or other commodities in the form of digital fractional ownership of physical assets, thus bringing tangible investment into the blockchain fold. Four presale stages are now completed, and RXS is now trading for $0.07 marking the commencement of the fifth stage, having raised over $5.45 million.  Rexas ecosystem has several innovative constructs, including the Rexas Token Builder, a project funding Launchpad, and a multi-chain yield optimizer called the Rexas Treasury.

Furthermore, Rexas has launched a $1 million giveaway to promote the community, and the project is listed on Coingecko and CoinMarketCap.  Given this combination of use cases, sound tokenomics, and community support, RXS has positioned itself well to take advantage of the forthcoming altcoin season for even greater returns.

TRON (TRX): High-Performing Blockchain for Digital Content

TRON (TRX) is trading at $0.16, Tron remains a big Ethereum rival as it concentrates on the decentralized content delivery model. With its fast transaction speeds and almost non-existent transaction costs, TRON is equipped with an internally scalable infrastructure that supports decentralized apps (dapps) and content creators. With such an ability to handle over 2000 transactions per second, TRON becomes an attractive option not only for development purposes but also for end-users in numerous projects requiring vast transaction throughput.

Up until a few months back, TRON was only focused on blockchain projects, but now its ecosystem has grown to DeFi applications, NFTs, and a wealth of dApps. With strong backing from institutions and a supportive community, TRON has created a niche for itself in the blockchain landscape, centered around digital entertainment and content ownership.  As the altcoin season approaches, TRON’s focus on user adoption and increasing use cases could mean a huge price rise, making it a very attractive proposition for investors looking for a scalable and efficient Ethereum replacement.

Bonk (BONK): The New Meme Coin Worth Investing

Bonk (BONK) now trades at $0.00001996 and has headed to the community-driven meme coin niche, making it a cheap coin with ample room to grow.  Like Dogecoin and Shiba Inu, Bonk enjoys leverage from its community as it grows its reach on social networks and within various crypto forums. Usually, meme coins are built on hype support and social currency; however, due to the growing engagement of BONK’s meme, it has been pushed into the limelight as one of the meme coins with significant potential. Bonk has concentrated on forming alliances, interacting with the cryptocurrency community, and building an audience that sets it apart from other meme coins.

Since meme coins during bullish markets are often characterized by an increase in prices, one can expect BONK to perform quite impressively during the next altcoin season, provided that interest from the community continues to grow.  For those looking to invest at a lower price with the potential for significant returns, BONK seems to be a great option.

NEAR Protocol (NEAR): A Blockchain Scalable and Suitable for Developing an Open Web

NEAR Protocol is currently priced at around $4.01 and has quickly established itself as the go-to option for developers who want to build highly reliable apps. Due to NEAR blockchain’s infrastructure, it facilitates effective dApps and Web3 development by providing low transaction costs and vast transactional throughput.  The other differentiating feature of NEAR is its sharding system called “Nightshade,” which can increase the scalability of the network to a level that processes thousands of transactions every second, making it a real contender for Ethereum’s scalability.

As previously mentioned, NEAR strives to be user-friendly, thus making sharding easy and featuring developer-friendly platforms and wallets that appeal to wider audiences. NEAR is also complemented by a growing ecosystem of DeFi, gaming, and social applications, adding to its attractiveness.  With the continuous development of blockchain technology, NEAR Protocol could achieve mass adoption and price appreciation due to its focus on scalability, speed, and user experience—fundamental needs for almost all investors in cryptocurrencies or altcoins as a long-term hold.

Conclusion

The need for alternative solutions in the cryptocurrency space remains as Ethereum struggles with scalability and high transaction costs. Projects such as Rexas Finance (RXS), TRON (TRX), Bonk (BONK), and NEAR Protocol (NEAR) should be regarded as the crypto future as the next altcoin season dawns.  Of all these, RXS is the most promising because of its unique asset tokenization approach and strong community, while TRON and NEAR also offer valuable alternatives. Bonk is a meme coin for speculative value, bringing a competitive edge. Together, these projects present different ways to invest that can turn small investments into significant returns ahead of 2025.

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

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