Charles Parks III, a known crypto influencer, was sentenced to one year in prison for orchestrating a $3.5 million cryptojacking operation. The scheme involved illegally mining cryptocurrency using victims’ devices without consent, resulting in Parks netting around $1 million in profits. This case highlights the serious consequences of cybercrime in the crypto space and serves as a warning to those engaging in illegal activities online.
This week, the global crypto market capitalization has seen a modest 2% uptick despite the broad sideways trend across multiple assets.
Amid this backdrop, several altcoins have stood out as key ones to watch heading into the weekend of August 9–10. They recorded significant gains during the week and show strong potential to continue their upward momentum in the coming days.
Mantle (MNT)
Mantle has emerged as the top-performing altcoin over the past week, with its price surging more than 45%. According to Santiment, this price rally has been accompanied by a steady increase in daily trading volume.
Over the last seven days, MNT’s trading volume has climbed by 250%, reaching $753 million at the time of writing.
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When an asset’s price rises alongside a spike in trading volume, it signals strong market interest and conviction behind the move. MNT’s increased daily trading volume confirms that its price action is supported by more market participants actively engaging with the asset, making the trend more reliable.
If the current buying momentum continues, MNT’s price could potentially soar to $1.14 in the near term.
However, if demand wanes and buying pressure diminishes, the token’s price risks slipping below the $1 mark.
Pump.fun (PUMP)
PUMP, the native token of the pump.fun utility coin launch platform, is another altcoin to watch this weekend.
Trading at $0.0033 at press time, its price has rocketed by 31% in the past week, making it one of the top-performing altcoins during that period.
Readings from the token’s Elder-Ray Index suggest a strong likelihood that the token will continue extending its gains during the upcoming weekend sessions. At press time, the index stands at 0.000275, having posted only positive values over the past four trading sessions, an encouraging sign of sustained bullish momentum.
The Elder-Ray Index measures the balance of buying and selling pressure in the market by analyzing bullish and bearish forces separately. A positive reading indicates buyers dominate and are pushing prices higher.
If PUMP buyers remain in control, they could drive its price to $0.0040.
On the other hand, a rise in sell-side pressure could cause PUMP to lose some of its gains and fall below $0.0032.
MemeCore (M)
MemeCore has gained 24% over the past week, rising by $0.44. However, signs of strengthening sell-offs are starting to show. This is reflected in the Chaikin Money Flow (CMF) indicator, which currently hovers around the zero line and appears poised to dip below it.
This suggests potential downward pressure on the token’s price, making M an important asset to watch over the weekend.
The Chaikin Money Flow (CMF) is a volume-weighted indicator that measures buying and selling pressure over a specified period by analyzing price and volume data. When the CMF is above zero, it indicates buying dominance and accumulation, while a reading below zero signals selling pressure and distribution.
As with M, a CMF poised to fall below the zero line suggests that sellers may gain control, increasing the likelihood of a price decline.
If profit-taking continues, M’s price could drop to around $0.41.
Rexas Finance (RXS) listing is finally going live on LBank, BitMart, and MEXC, marking a major milestone for the project and signaling strong momentum ahead. Rexas Finance has announced that it is in the final phase of its RXS token presale. The Rexas project has already collected more than $55 million of its $56 million goal. Around 99.69% of the 500 million presale tokens have already been sold, with each token priced at $0.20 and the launch price set at $0.25.
It will be publicly launched on three tier-one cryptocurrency exchanges on June 19, 2025. These exchange listings will offer liquidity and wider market access. Moreover, RXS can be purchased with ETH, USDT or debit and credit cards and is compatible with the most popular crypto wallets such as MetaMask and Trust Wallet.
Real-World Assets and Utility-Oriented Ecosystem
Rexas Finance focuses on the tokenization of real-world assets (RWAs) such as real estate, artwork, gold, and intellectual property. The platform enables the trade of traditionally illiquid assets via the blockchain-enabled fractional ownership. Users can tokenize assets with the help of the Rexas Token Builder and QuickMint Bot even without technical expertise.
The RXS token is the core and the native token in the Rexas Finance ecosystem. It is used for staking, farming, and earning yield. It also facilitates the deployment of smart contracts as well as the launch of decentralized projects. RXS is an ERC-20 token that is based on the Ethereum network and allows flexible and secure Web3 integration.
In addition, CertiK has audited the Rexas smart contracts to ensure security as an essential element. Rexas AI Shield protects users against fraudulent transactions on the platform.
What Are the Growth and Demand Projections?
The RXS token started at $0.03 in early stages and has now reached $0.20, recording a 600% growth. Analysts forecast potential price increases to $10, $50 or even $100 by 2030 due to the growth of the RWA tokenization market. The maximum RXS supply is capped at 1 billion tokens and the token has attracted over $53 million in funding without reliance on venture capital.
Also, the early investors that took part in the presale could earn up to 500X in case the price reaches the targets. For example, a purchase of $1,000 at $0.20 could be worth $500,000 in case RXS reaches $100.
The project has also launched a $1 million giveaway campaign. There will be 20 participants who will be awarded $50,000 worth of RXS. To be eligible, users should invest at least $100 and connect their ERC-20 wallet and perform promotional tasks.
Listings on Exchanges and Community Growth
On the day of launch, Rexas Finance has confirmed that RXS token will be listed on at least three major crypto exchanges. This is expected to fuel access and liquidity, which will help in the potential price momentum.
The presale is available to the international audience. Investors can participate through crypto and non-crypto payments. The platform is user friendly and enables smooth onboarding for institutional and retail participants.
Conclusion: Why RXS Is the Best Bet in 2025?
Rexas Finance combines real-world uses with blockchain infrastructure. As its presale near completion and with $53M+ funds raised, a capped supply and large exchange listings scheduled on June 19, RXS remains a top candidate to become one of the most promising low-cap assets in the 2025 bull market.
For more details about Rexas Finance (RXS), visit the links below:
The post Is RXS the Best Low-Cap Bet for the 2025 Bull Market? appeared first on Coinpedia Fintech News
Rexas Finance (RXS) listing is finally going live on LBank, BitMart, and MEXC, marking a major milestone for the project and signaling strong momentum ahead. Rexas Finance has announced that it is in the final phase of its RXS token presale. The Rexas project has already collected more than $55 million of its $56 million …
