Is There a Crypto Coin That Can Beat the Famous 2021 Rallies of Dogecoin (DOGE) and Polygon (POL)?

October 3, 2024 - Around 5 mins mins to read

The 2021 cryptocurrency bull run will forever be remembered in the history of finance, where digital currencies such as Dogecoin (DOGE) and Polygon (POL) went up to unseen levels. Now, however, comes the new one, and it’s called Rexas Finance (RXS), aiming to break through these historical rips. But is it realistic for Rexas Finance to overshadow the 2021 craziness of Dogecoin and Polygon?

The Surge of Dogecoin (DOGE) in 2021

The year 2021 witnessed an explosive increase in global dogecoin’s popularity which branched out into an upsurge in the history of this coin that was created in the year 2013 as always referred to as a memecoin.The surge of the coin may be ascribed mainly to widespread speculation, with Tesla’s CEO Elon Musk being one of the active proponents of the coin and himself tweeting about the cryptocurrency that prompted many institutional and retail traders to buy the coin urgently. Initially, people laughed at the dogecoin but as its value started rising, standing at $0.7376 at its highest in May 2021, what was supposed to be an amusing initiative changed into a full business for the early investors.

Polygon (POL) — A Market Favourite

It is worth noting that Polygon (MATIC) is more than just a coin created or coined as a joke, scorned like Dogecoin’s infamy. It was, however, conceived as a monument to address the issues present in the world of Blockchain. Seeking to address the scalability issue of the Ethereum network, Polygon acts as a Layer-2 scalper supplement that resolves the issues by providing low-cost and fast transactions.

In 2021 when every crypto was on the rise, net MATIC appreciated from $0.02 to $1.80. This was a huge return to early investors in MATIC. The key factors of Polygon’s achievement are its technology and its applicability within blockchain networks. Its promise to boost the efficacy of the Ethereum network amid increased usage of dApps created much interest in the token. It is true that over the last year, the token has not been able to achieve such accomplishments as during the rally of 2021. Nevertheless, with the continued pace of development and adoption of the Polygon network, many investors still consider it a buy-and-hold long-term story.

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Rexas Finance (RXS) — A New Challenger

At present, when the market is in search of the next big thing to invest in, Rexas Finance (RXS) has come front claiming it can outperform the returns of Dogecoin and Polygon. Rexas Finance has also been able to venture into the relatively new and quickly growing market of tokenized assets which is one of the key factors driving the growth of the company. This is because analysts believe the market can expand at least 500x within the coming months, thus providing substantial gains for its early investors. The process makes it possible to digitalize valuable assets such as real estate, land, art pieces, and intellectual installations onto a blockchain that can be sold, purchased, or transferred more easily than this. In saying this, Rexas Finance allows the comers an opportunity to claim a stake in a system that can disrupt the management and trading of assets in the digital space. Rexas Finance (RXS) is looking to raise to $0.05 during its current presale stage with a token supply of 30,000,000. The platform has raised over $1,750,000 in funding so far and this indicates that there is more interest accruing for this project.

Can Rexas Finance Beat the 2021 Rallies?

Will Rexas Finance (RXS) be able to overcome the tremendous rise of Dogecoin and Polygon? The growth in recent years of the latter had more to do with their community than anything else, and that of the former was mostly about its tech. As for Rexas Finance, they rely on asset tokenization – a field with enormous market potential.For RXS to achieve more than Dogecoin and Polygon rallies in the forthcoming periods, it would need to maintain what it has and most especially meet the obligations of transforming digital assets management. These two parameters as well as others like the ability to attract users, improve asset partnerships, and actively grow a database of tokenized assets will help in determining its future profitability.

Conclusion

Nevertheless, it is worth noting that Rexas Finance is an interesting newcomer in the cryptocurrency ecosystem with considerable prospects. It’s hard to go beyond the historical outrages of 2021 regarding the utmost popularity of Dogecoin and Polygon. However, looking at it in a positive light, a well-established and growing market may soon push Rexas Finance to create its own success story than that of DOGE and POL.