Rexas Finance went live earlier today on Solana and immediately dropped over 85% in price, resulting in presale buyers getting wrecked on their investment. This caused a lot of drama on social media from angry investors, as those who waited for the token launch were able to buy RXS crypto nearly 10x cheaper than presalers. RXS crypto is a new real-world asset (RWA) project, built on Ethereum and raised over $54 million during its presale, resulting in 454 million RXS tokens being sold. The final few stages of the presale saw RXS selling for between $0.1 and $0.2 – with the token now trading for $0.065 on the open market. ( SOURCE ) Early Investors Unhappy With RXS Crypto Due To Poor Token Launch Many early presale participants of Rexas Finance are currently down between 40% and 75% on their investment, which is leading to a lot of angry sentiment across social media. Some investors are complaining that their tokens were locked up for weeks while waiting for the RXS crypto TGE (token generation event), and now that day has come, they are severely underwater on their investment, while those who bought at launch are in profit. RXS crypto initially
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