Will 2024 Close with Bitcoin (BTC) Above $120,000? Top 3 Cryptos to Add to Your Portfolio Now

As we enter the latter months of 2024, Bitcoin (BTC) is once more the focus, with projections pointing to a likely leap above $120,000. Standard Chartered, a significant financial institute, thinks that BTC may rise considerably more if the current geopolitical and economic circumstances line up nicely. Though Bitcoin dominates the news, wise investors are also looking at other appealing cryptocurrencies that can yield notable profits alongside BTC. Three cryptocurrencies worth monitoring as we head into 2025 are XRP, Ethereum (ETH), and Rexas Finance (RXS).

Bitcoin's $120,000 Prospect: What’s Fueling the Optimism?

Standard Chartered's recent analysis suggests that by 2024, Bitcoin might reach $120,000. This prediction is based on a mix of elements, including a continuing dropping supply of Bitcoin coming from miner hoarding and investor hope about a likely U.S. presidential election victory for pro-crypto politicians. Middle Eastern geopolitics also strongly imply that investors would flee into Bitcoin, driving its price upward. Should these elements hold, BTC is not unlikely to rise above the $120,000 mark. Still, Bitcoin's success will rely on the economy's more significant state. A 25-basis-point interest rate drop projected by the Federal Reserve in November could be a substantial driver of BTC's ascent since it would probably encourage more investment in riskier assets like cryptocurrencies. Should this happen, Bitcoin is most certainly going to surpass the $120,000 limit, therefore proving its supremacy in the market.

Ethereum (ETH): A Buying Opportunity with Potential for Massive Gains

Though it dropped from its highs earlier in the year, Ethereum has since been trading around $2,346; analysts think it is now in a major buying zone. Ethereum's foundations are still solid; its smart contract features and decentralized apps generate notable network activity. Ethereum's prominence in non-fungible tokens (NFTs) and enterprise blockchain solutions could grow as we head toward 2025, therefore positioning ETH for significant gains. Should Ethereum be able to stay above the $2,252 support zone, it may witness a surge short-term beyond $3,000. With network development and daily active addresses almost doubling in the past two weeks, analysts from CoinGape have noted that investor interest has skyrocketed. This implies that underprivileged purchasers are getting ready for a powerful comeback, which would enable Ethereum to surpass essential resistance levels and provide the conditions for a positive fourth quarter. Ethereum is undoubtedly a must-have for any diversified crypto portfolio with its colossal ecosystem and ongoing network enhancements.

XRP: Legal Difficulties, Still Strong Worldwide Adoption

XRP has had a difficult year as continuous legal disputes with the SEC cloud its price performance. Currently trading at $0.54, XRP has dropped significantly after the SEC decided to appeal Judge Torres's order declaring XRP sales on public markets do not constitute securities transactions. Although XRP's price has suffered from this regulatory ambiguity, analysts remain cautiously hopeful about its long-term viability. With collaborations in the UK, Europe, and the Middle East increasing XRP's usage in cross-border payments and tokenized assets, Ripple's worldwide utility is expanding. Through a partnership with Clear Junction, Ripple recently increased its payment options and obtained in-principle approval from Dubai to provide end-to-end payment solutions in the United Arab Emirates. Notwithstanding the legal challenges XRP faces in the United States, these events are projected to boost its acceptance in important financial markets, thereby maybe propelling its price toward $1 by year's end.

Rexas Finance (RXS): A 10X Opportunity in Real-World Asset Tokenization

Although Bitcoin, Ethereum, and XRP are well-known behemoths, Rexas Finance (RXS presents a special chance for investors trying to profit from the rising trend of real-world asset (RWA) tokenization. Using fractional ownership of assets via blockchain technology, Rexas Finance is aiming at trillion-dollar sectors, including real estate and commodities. This method democratizes access to high-value assets so that anyone might possess a small portion of luxury real estate or costly goods. With Stage 3 sold out ahead of time and generating $2.75 million, the RXS presale has been an absolute triumph. At $0.06 right now, the cryptocurrency is valued by analysts as having a notable price increase once it is published on big exchanges. Rexas Finance has purposefully steered clear of venture capital support in order to stay dispersed and oriented on long-term expansion. The platform is positioned to take the front stage in the RWA market with its creative features, like the Rexas Token Builder and Rexas Estate. Every forward-looking portfolio should include RXS since analysts estimate gains of up to 10X in the next years.

Conclusion: Diversification is Key

Investors all across are drawn to Bitcoin's possible explosive rise to $120,000 as the end of 2024 draws near. Still, it's crucial not to discount other highly promising tokens such as XRP, Ethereum, and Rexas Finance. These three cryptocurrencies present unique value propositions that might yield significant profits not too distant. Now is the time for individuals wishing to diversify their holdings to take into account these tokens alongside Bitcoin to optimize possible returns as we enter 2025.

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Website: https://rexas.com

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Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance