With the global cryptocurrency market facing a notable decline, having dropped in market cap by 1.68% to settle at $2.28T, smart investors are searching for opportunities to profit from possible recoveries. Out of many choices, three cryptocurrencies, Bitcoin (BTC), Rexas Finance (RXS), and Shiba Inu (SHIB), are considered potential high-earning options.
Bear Market Cryptos At a Glance
Given forecasts indicating potential gains of about 10 times, there are reasons for the market to consider buying these coins during the current bear market.
1. Bitcoin
Bitcoin continues to remain the most preferred cryptocurrency, acceptable as a secure investment during times of market volatility, despite its current value of around $66,000. It has previously demonstrated a constant and strong resilience in recovery to remain on top.
Robert Kiyosaki cautions that the best time to buy BTC is now, in this month of October. He foresees a sharp rise in BTC in 2025, by up to $100,000. He also predicts its further rise as it further becomes renowned as a safeguard against inflation and economic uncertainty, as it continues to elicit market and institutional interest as a digital form of gold, serving as a safeguard against inflation similar to actual gold.
BITCOIN to BLAST-OFF in UPTOBER means time to BUY MORE BITCOIN or Bye-Buy
— Robert Kiyosaki (@theRealKiyosaki) October 23, 2024
2. Rexas Finance stock (RXS)
Rexas Finance is causing a stir in the cryptocurrency industry with its innovative approach as one of promising RWAs crypto projects in 2024. With a current price of $0.060 in its presale stage, Rexas Finance is attracting a lot of interest for its ability to change the way assets are bought and sold. Forecasts indicate that RXS may hit $12 by 2025, translating to a remarkable 2000% surge from its present value.
Investors opt for Rexas Finance to tokenize assets such as real estate and commodities, obtaining fractional ownership. It provides fresh investment opportunities with the support of a dedicated community and advanced resources like the Rexas Token Builder. The project has gathered more than $3.6 million in presale funds, showing strong investor confidence.
3. Shiba Inu (SHIB)
With Shiba Inu price at $0.000016t9, the dog-themed memecoin has significantly grown to become a widely accepted crypto due to its potential beyond speculation. Recent predictions indicate that the coin would grow to $0.00008 by the beginning of 2025, a possible increase by approximately 444% from its current value.
Shiba Inu’s burn rate has of late shot up to approximately 65,000 tokens burned daily. This could be of great assistance in bringing down supply and increasing demand with time. The growth in burn rate is a positive indication for SHIB’s long-term value.
Buying Shiba Inu offers a strong community, evolving use cases in DeFi, and a low entry price for new investors. The passionate Shiba Army can influence price movements, while ongoing developments suggest future growth potential.
In this bear market, Bitcoin, Rexas Finance, and Shiba Inu are a few of the best cryptocurrencies to buy, for those looking to capitalize on potential rebounds and substantial gains. While Bitcoin offers stability and recognition as the market leader, Rexas Finance stands out with its innovative approach to real-world asset tokenization. Meanwhile, Shiba Inu continues to leverage its strong community support and evolving use cases.
Jane Lubale
With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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