2024-12-14 10:32:18
Shiba Inu Price Breaks Key Resistance Level: Should You Forget About Dogecoin (DOGE) and Start Buying SHIB?
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In recent news, the cryptocurrency business as a whole seems to be booming, more especially within the meme coin sector, where Shiba Inu (SHIB) has been the main point of discussion as it signifies a certain shift in the market. Although Dogecoin (DOGE) is still one of the dominant coins in the market, the new Shiba Inu (SHIB) shows more potential growth in the short run. Simultaneously, Rexas Finance (RXS) is also an emerging project that is gaining traction and offering more options to investors. Let’s see how they perform against each other. Shiba Inu: The Momentum Continues Shiba Inu has been doing quite well, consistently increasing in price and, most importantly, surpassing price resistance levels. It is now seen as an appealing investment option for those looking to profit from the insatiable greed of many investors. Currently, the Shiba Inu coin exchanges for $0.0000298 with a total market cap of $17.56 billion, and the coin is expected to grow by 3.30% by January 2025, reaching $0.00002611. The technical sentiment is neutral from the indicators, while the Fear and Greed Index points to 78. In the past 30 days, Shiba Inu has had 57% green days, and the price volatility is around 9.53%, which shows active investors and new interest. The recent breakout above resistance has further deepened SHIB’s bullish momentum, making it nerve-wracking for those waiting for the next bull market. With its community-driven ecosystem and increased usage, Shiba Inu makes a strong case for beating DOGE in the near future. Dogecoin: Continues to Be a Memorable Cryptocurrency The very first of the meme coins, Dogecoin, continues to command a huge market share. With a current price of $0.4308 and a market capitalization of around $63.39 billion, DOGE remains a favorite among retail investors. However, trailing instances produce negative signals for January 2025, with Dogecoin losing over 7.04% in value and hitting a target of $0.343672. Nevertheless, in the last 30 days, DOGE price action has shown technical indicators signaling bullish factors 40% of the time, and in other instances, bullish factors stood at 23%, with a volatility of 10.75% amidst the increased buying volume. The DOGE market is currently affected by strong buying pressure, as evidenced by the Fear & Greed Index, which indicates extreme greed. Even though Dogecoin has strong backing and an active community to withstand the bearish market, current market prices suggest that the bearish recovery is slower than SHIB. Click Here To Buy Rexas Finance (RXS) Presale Rexas Finance (RXS): The Future of Asset Tokenization With new projects such as Rexas Finance in the market, the meme coin trend might just fade away, thanks to the project’s superb integration. RXS aims to revolutionize the crypto world by allowing the tokenization of real-world assets, including but not limited to real estate, art pieces, and commodities. Such an approach thrusts Rexas into the market as a transformational player. Presale Success To date, Rexas Finance has raised over $26 million and over 336 million tokens. The tokens are in presale stage 10, priced at $0.150. The fact that these tokens were sold so easily during the presale shows that potential investors already have a high degree of confidence in Rexas’ future and vision. The token will launch at $0.20, and it’s fair to assume that it will soar once trading starts on major exchanges. Tokenomics and Features The total supply of RXS is 1 billion tokens, out of which 42.5% will be sold in the presale, 22.5% will be reserved for staking rewards, 15% will be held for liquidity, and the rest will be used for marketing, the treasury, the team, and various partnerships. Such an evenly distributed structure helps the ecosystem grow and sustain itself while also motivating users to hold RXS for a long time. Rexas Finance provides its users with a variety of services, including a launchpad through which decentralized projects can be funded, a token builder that allows projects to easily build a token, and GenAI-powered NFT creation tools. All these features make RXS a very practical and multifunctional platform, thus attracting many users. CertiK Audit and Giveaway Regarding security and transparency, both issues are essential in the crypto world, Rexas Finance has solved these through the CertiK audit. This audit gives investors confidence in the safety and reliability of the platform. There is also $1 million up for grab by adopters and community members who perform promotional tasks. Here, 20 lucky winners will receive 50,000 RXS tokens each. How to Participate and Buy RXS Investing in RXS is easy. For the current presale, interested buyers can visit the official Rexas Finance platform, link their wallets, and join the presale. Token buyers can use several payment options supported on the platform, such as ETH or USDT. As soon as the presale period ends, participants will receive their tokens. Soon after, RXS will also be listed on top-tier exchanges, where it will have trading and liquidity pairs. Forecasts for RXS The nearer impetus for RXS appears to be its future listings on various exchanges, quarterly peer-to-peer trading trends, and usage increases due to the launch of its newest project in 2025. Additionally, RXS could rise to between $5–$6 by Q4 2025 as its user base grows due to an established and widely accepted ecosystem. More interestingly, RXS’s projections appear higher than expected, with analysts predicting a rise to around $125 per token by the end of 2026. Conclusion According to the statistics, in terms of its share in the meme coin segment, it is clear that Shiba Inu is DOGE’s closest rival, yet it does not pose a threat in terms of performance. The recent news concerning Shiba Inu seems more positive based on the number increases. This, in turn, means it stands a better chance compared to the broader market. On the contrary, Rexas Finance has every chance to become a breakthrough project with clear, three-dimensional use and a high growth potential. Following this presale, aiming for an ambitious roadmap, and building a strong ecosystem, RXS seems to be the top opportunity in today’s markets. Rexas Finance might be the best way to make a sufficient profit for someone wishing to join the upcoming wave. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance