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.
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 launched at around $0.32, before dropping over 98% to $0.0038, leaving early investors’ bags completely wrecked. A lot of the anger from those early investors is due to open market buyers scooping cheap RXS crypto once it dropped to under $0.01, and instantly being in profit as the token has quickly recovered and is now trading for around $0.08.
Many of those who bought the bottom are already up around 900%, while early presale investors who bought between $0.1 and $0.2 are still underwater on their purchases.
Sentiment Check
One X user by the name of ‘Dirt Ball‘ summed it up perfectly, saying “If you bought $RXS at presale you got screwed lol. Best bet was to buy now. We paid over 10x for this.”
This sentiment is being echoed strongly across X, with the Rexas Finance team yet to respond to its disastrous token launch. Their most recent posts celebrating the RXS crypto launch on multiple CEX’s are being flooded with comments from angry investors.
Comments range from “Glad the genius act got passed this week. I hope u all end up in prison,” Wallstreet321to others claiming the team misled investors regarding the launch price. A user by the name of ”, saying; “This is a scam!! 0,25 launch price is a lie, It was used to attract more and more money!”
Right now, it seems that the sell pressure for RXS crypto will not be ending anytime soon as the price continues to bleed and investor sentiment is at an all time low due to such a poor launch. It is leading investors to seek out the best new crypto to buy as we head into July.
? Rexas Finance launched its $RXS token on MEXC, BitMart & LBank after promoting a $0.25 listing price.
? It opened at $0.10–$0.175 and dropped to $0.0054 on MEXC — a 98% fall.
Current price: $0.02 (−92% from expected listing price).
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— TheHolyCoins (@TheHolyCoins1) June 19, 2025
BONUS: Bitcoin Hyper (HYPER) Closes In On $1.5m In Presale Funding As Investors Mark It As The Best Crypto To Buy Right Now
With such a disastrous launch from the RXS crypto team, all attention is now turning to Bitcoin Hyper (HYPER), as it is looks to be one of the most promising new crypto to buy right now.
In just a few weeks, HYPER has raised nearly $1.5m in ICO funding, highlighting the market’s bullish enthusiasm for this new Bitcoin Layer-2 project.
Bitcoin Hyper may be one of the best new crypto to buy right now due to it still being in presale phase and as a result not effected by the ongoing volatility in the market. It has just surpassed $1.45 million in ICO funding as smart money is seemingly rotating to this presale as a hedge on the current market conditions.
It is a brand new Bitcoin Layer-2, powered by Solana’s Virtual Machine (SVM). The ultimate goal for the HYPER team is to create a full end-to-end execution layer for Bitcoin, offering fast and cheap transactions, smart contracts, memecoins, dApps, and DeFi – all running on Bitcoin.
Why Bitcoin Hyper?
The best part about Bitcoin Hyper’s hybrid functionality is that it is powered by Solana’s execution layer for low fees and near-instant transactions speeds – but tethered to Bitcoin’s base layer for security and name value.
To give an example of how Bitcoin Hyper will benefit from utilizing the Solana infrastructure, its speeds of over 2,000 transactions per second (TPS), compared to Bitcoin’s 7 TPS, are the reason HYPER is building on Solana.
The HYPER token isn’t just a gas token for the L2 chain; it will act as the backbone for the entire Bitcoin Hyper economy. Every transfer, dApp interaction, and smart contract execution will be powered by HYPER.
