Growing number of Solana and Cardano investors are investing heavily in this utility token under $0.08 - CoinJournal

A growing number of smart money crypto investors are shifting their focus from Solana (SOL) and Cardano (ADA) to an emerging utility token priced under $0.08. The Rexas Finance token offers a unique value proposition with strong use cases in decentralized finance (DeFi) and real-world asset tokenization, making it an attractive alternative to more volatile projects.  Its cutting-edge technology and growing adoption rates could be setting the stage for substantial long-term gains. With the potential for exponential growth, these savvy investors see this low-cost token as a high-reward opportunity to capitalize on before it fully breaks out. Utility Token Rexas Finance under $0.08 Buying a piece of real estate or gold needs significant capital, and the process is often slow and complicated. But Rexas Finance changes this by enabling these assets to be indicated as tokens on the blockchain. This shows that users can easily buy, sell, and trade fractions of the assets, opening up investment opportunities to a wide range of audiences. Key features of Rexas Finance Rexas Token Builder simplifies the process of tokenizing assets by eliminating the need for complex coding, enabling users to launch tokens in minutes. In addition, Rexas Launchpad provides a decentralized, secure project for token funding over many blockchain networks. For artists and creators, Rexas GenAI also offers an AI-based tool for creating unique digital artworks, ideal for venturing into the NFT space.  Rexas DeFi further enables the platform by allowing seamless cryptocurrency swaps across various networks, while Rexas Estate allows users to co-own real-world properties and earn passive income in stablecoins. Finally, Rexas Treasury is a multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits. Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. The Rexas Finance project has already raised over $2.85M, with the third stage of its  presale over. This presale event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.06 and a projected listing price of $0.20, the potential for an increase indicates a good opportunity for investors.  About Rexas Finance (RXS) Rexas Finance is the users’ gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property world-wide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance

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Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse

The former head of engineering at FTX has asked a judge to spare him a prison sentence, according to lawyers representing him. According to Bloomberg, Nishad Singh’s lawyers filed a memo to a Manhattan federal judge claiming he deserves a lighter sentence due to his limited role in the collapse of the cryptocurrency exchange and “the exemplary life he is committed to leading.” “His circumstances are extraordinary in every way that matters to sentencing: his personal history and characteristics, his role in the charged offenses, the speed with which he cooperated, his response to the collapse of FTX, and how he has rebuilt his life since then,” his lawyers wrote. They also described him as an “uncommonly selfless individual” and that his “role was far more limited than any other defendant.” In February 2023, Singh was charged with withdrawing $6 million of customer funds to Alameda Research from FTX. He pleaded guilty to six criminal charges including fraud and conspiracy to commit money laundering. Singh also testified against his former boss and CEO of FTX, Sam Bankman-Fried in October. Bankman-Fried was sentenced to 25 years in prison after being found guilty of fraud and conspiracy charges. Caroline Ellison, the former CEO of Alameda Research, was handed a 24-month prison sentence in September. Former FTX executive Ryan Salame was sentenced to 90 months in prison in May. Singh is expected to be sentenced on October 30.

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Caroline Ellison FTX Nishad Singh Ryan Salame Sam Bankman-Fried

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