"Altcoin Surge: RXS, OM, DOGE, LINK, XRP Lead Recovery"

Coin WorldSaturday, Mar 1, 2025 11:08 am ET

1min read

After a challenging week for several altcoins, the crypto market has shown signs of recovery, with some altcoins gaining momentum due to recent developments in their ecosystems. Rexas Finance (RXS), Mantra (OM), Dogecoin (DOGE), Chainlink (LINK), and Ripple (XRP) are among the leading altcoins that are trending this week, displaying promising development potential.

Rexas Finance (RXS) stands out with its focus on real-world asset (RWA) tokenization, offering smaller investors access to illiquid real-world assets such as real estate, art, and commodities. Since its launch in September 2024, the ongoing RXS presale has seen significant adoption, raising $45.9 million by selling 449 million tokens. With RXS trading at $0.20, the final presale stage is 89% completed. Many anticipate a parabolic surge in RXS's price post-listing as investor interest spikes. Rexas Finance's appeal lies in its use of fractional ownership to democratize investing in valuable assets, lowering entry barriers, enhancing liquidity, and allowing investors to diversify their holdings in new ways. The platform's user-friendly ecosystem and recent Certik audit have further boosted investor confidence.

Mantra (OM) has been a remarkable market performer, with top whale wallets acquiring more than $93 million in om in just seven days. This accumulation indicates significant institutional support and long-term confidence in the project. Despite the larger market decline, Mantra (OM) is trading at $6, up 70% in the last two weeks. Technical indicators suggest that OM could see further gains if it stays above the $6 support level. Given Mantra's pioneering role in the RWA market, delivering tokenized securities backed by assets such as bonds and treasuries, its growth prospects remain promising.

Dogecoin (DOGE) continues to defy expectations, maintaining firm support above $0.25. Crypto analysts predict a positive shift for DOGE, with daily active addresses, transactions, and whale movements indicating bullishness. Some analysts even predict a 1,438% rise to $4.10, based on the 0.739 resistance level. Fibonacci forecasts and historical data suggest that Dogecoin may follow the same route as in prior market cycles, potentially leading to a

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