Some things definitely need some more research, but sometimes as more as you did into some project, as more confusing it gets. If you then ask two other people for their opinion, you get two different opinions and might feel you haven't move at all. But usually it is still a good idea to get out to the community and to hope that swarm intelligence will help you to solve the problem. And that is why I am near no.
But let me start again from the beginning.... I guess hardly anyone will have missed the fact that Ripple is currently enjoying an extremely impressive performance. The increase over the past weeks and months has been topped once more and the coin is currently trading at around 3.30 $. Although this is still some way below the all-time high, it is now very close to approaching this level.
In order to better understand the background to the price increase, I was browsing the internet and there I came across a project that was described as the next big hype. According to the reports I subsequently read on various websites, we are dealing with the next crypto revolution, which is set to eclipse even the development of Solana.
Of course, even I can't completely escape such headlines and my curiosity was quickly aroused. The search engine of my choice then quickly displayed further articles in which this project was repeatedly described as the next big thing and THE the best investment opportunity for 2025.
Naturally, I then went to the actual website where the developers present and promote the project. At the moment, it is still in one of the various pre-sale phases, although this should be completed soon.
I'm talking about Rexas Finanz, RXS , which at first glance makes a pretty good impression. The website is available in various languages, and supposedly you can connect various wallets for the pre-sale to manage your coins yourself.
Of course, I didn't really want to believe the whole thing just like that, the statements I encountered everywhere were too bombastic. After I had fed my search engine with keywords such as “review”, “legit” or “scam”, a few other websites quickly appeared that took a much more critical approach to the whole project.
My initial enthusiasm quickly fade a little, and I then started to think about whether I should play along anyways. I wanted to get in with at least a fairly small amount, which wouldn't make my eyes water if I lost it. I am normally very cautious when it comes to ICOs or pre-sales and have no idea where it might be worth investing in new projects.
screenshot rexas.com
According to the website, you can participate in the pre-sale by using Ethereum or USDT and a wide variety of wallets. This included one of the wallets I have been experimenting with for some time and which I wanted to use to use now. But for some reason that didn't work. Apparently, I always had too little Ethereum to cover the fees, even though I should have enough according to my account balance.
We're really only talking about peanuts here, i.e. amounts where you really don't need to worry about anything. But I was still curious, and since I had already invested some time, I wanted to get the whole thing done. But in the end I had to give up and opted to write this article instead.
I'm still wondering what this whole Rexas thing actually is all about. Is this really a great opportunity to be involved in the crypto market's rise this year? Or is it all just a big, professionally organized rip-off that you shouldn't fall for? I still haven't really figured it out.
Of course, I am not immune to all the temptations that you encounter in the world of cryptocurrencies. But he who doesn't dare, never wins! And that's why from time to time you should get involved in a project at a very early stage, at least with an amount that you can cope with losing. Which was actually my intention, and I am still thinking about it!
Perhaps there is someone here who has already been involved with Rexas and can tell us something about it. I, at least, am very curious as to whether this is really a serious project or whether we are dealing with a big scam. At the moment I'm leaning towards the latter, but I'm happy to be convinced otherwise. And better now than much later, when the coin hits the top 100. But well, I guess in the end I won't be on the winning side. As usual things don't work out that well for me when it comes to investing in cryptocurrencies, but I still haven't giving up my hope!