Shiba Inu Big Money Investors Quietly Back a Token Expected to Shadow SHIB’s 24022% ‘Up Only’ Streak From 2021
Shiba
Inu,
the
second-largest
meme
coin
in
the
crypto
market,
has
seen
a
pullback
recently,
even
as
its
burn
rate
surged
by
over
3,400%.
Despite
this
short-term
retreat,
there
is
growing
optimism
among
holders,
as
technical
indicators
suggest
a
potential
for
a
significant
rally.
Meanwhile,
a
new
contender,
Rexas FinanceRexas Finance“>
Rexas
Finance,
is
gaining
attention
from
big-money
investors,
with
a
promising
presale
performance
and
a
focus
on
tokenizing
real-world
assets
(RWA).
Rexas
aims
to
capitalize
on
an
underdeveloped
market,
and
some
believe
it
could
challenge
Shiba
Inu’s
past
achievements.
Shiba
Inu
Faces
Short-Term
Setback
Amid
Broader
Market
Pullback
This
year
has
been
a
roller
coaster
ride
for
Shiba
Inu
as
it
saw
a
spike
of
247%.
The
meme
coin
however
retraced
to
$0.00002765
USDT
down
over
16.2%
from
its
monthly
high.
This
pullback
can
be
traced
to
the
broader
cryptocurrency
market’s
correction
that’s
been
ongoing,
with
Bitcoin’s
inability
to
breach
the
$100,000
mark
only
adding
to
market
uncertainty.
However,
Shiba
Inu
has
retained
an
optimistic
outlook,
despite
the
retreat.
The
altcoin
season
index
has
risen
to
80,
indicating
that
most
meme
coins
such
as
SHIB
tend
to
do
better
when
the
altcoins
are
gaining
steam.
On
the
flipside,
the
token’s
ecosystem
is
still
growing,
with
ShibaSwap
and
Shibarium
initiatives
driving
the
project
forward.
SHIB
has
seen
a
massive
burn
rate
recently,
with
over
2.02
billion
tokens
burned,
making
the
circulation
583
trillion.
Rexas
Finance:
A
Rising
Star
in
the
RWA
Tokenization
Market
Despite
Meme
coin
lovers
going
crazy
with
Shiba
Inu,
Rexas
Finance
is
quietly
creeping
up
on
the
radar
of
large
holders.
Focused
on
tokenizing
real-world
assets
(RWA),
the
platform
changed
hands
for
over
21.9
million
USDT
during
its
presale
with
4%
still
unburnt.
Currently,
the
price
is
0.10
USDT
for
Rexas
(RXS),
and
it
is
expected
to
rise
to
0.20
USDT
in
early
2025.
Rexas
Finance
seeks
to
create
a
simple,
democratic
way
for
citizens
to
become
owners
without
barriers.
Blockchain
meets
ease
of
use
for
the
QuickMint
Bot
and
Rexas
Token
Builder
to
help
quickly
create
tokens.
As
a
solution
to
the
challenges
in
the
RWA
market,
Rexas’
approach
mitigates
the
high
costs,
complexity,
and
regulatory
opacity
making
it
a
timely
solution
for
mass
adoption.
Presale
Success
and
Future
Prospects
for
Rexas
Finance
Rexas
Finance’s
pre-sale
has
shown
such
great
interest
that
it
is
coming
to
the
final
stages.
Currently,
the
sellout
of
tokens
is
approximately
96%.
Big
buyers
are
looking
to
RXS,
the
platform’s
token,
due
to
its
potential
to
change
the
asset
tokenization
universe.
Rexas
Finance
can
only
go
ahead
with
the
RWA
tokenization
with
these
key
partnerships,
starting
with
a
CertiK
audit
for
security.
This
shows
how
fast
presale
will
impact
the
market
at
Rexas
Finance
because
people
will
get
rewards.
Buyers
have
high
hopes
for
the
price
of
RXS,
as
it
is
expected
to
rise
soon,
and
want
to
enter
early.
Rexas
is
held
in
high
regard
by
many
as
being
capable
of
capturing
profits
from
previous
token
surges
and
as
a
definitive
player
due
to
the
ballooning
blockchain
economy.
Shiba
Inu
presses
forward
towards
a
new
high
while
Rexas
Finance
grows
wildly
in
anticipation
of
the
next
bull
run
and
both
crypto
holders
can
take
advantage
of
these
projects.
The
question
now
is:
Just
how
far
will
Shiba
Inu’s
previous
performance
go
and
will
it
take
the
lead,
or
could
Rexas
cement
a
quiet
steal
of
the
show
using
its
novel
approach
to
real-world
tokenization?
Website:
https://rexas.comhttps://rexas.com“>
https://rexas.com
Twitter/X:
https://x.com/rexasfinancehttps://x.com/rexasfinance“>
https://x.com/rexasfinance
Telegram:
https://t.me/rexasfinancehttps://t.me/rexasfinance“>
https://t.me/rexasfinance
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