Recently, there has been much talk surrounding the cryptocurrency market, as meme coins such as Shiba Inu (SHIB) have gained popularity for their unique platform concepts. As we move into the first quarter, most experts expect this token, currently at $0.2, to explode 7400% and scale much faster in value while SHIB performs decently.
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The Next Bull Cycle Might See Shiba Inu Breakout Big.
In a recent update, Shiba Inu has flipped Toncoin, with a $9.68 billion market capitalization, placing it 15th in the ranking of cryptocurrencies. This development coincides with the recovering price of SHIB, which is attempting to gain value after recently declining. Shiba was up 8.66% over the past week, recovering from the February 7 lows of $0.00001462.
SHIB weekly price chart: CMC
Shiba Inu’s Shibarium Layer 2 solution substantially increased efficiency in increasing gas fees and transaction times. This feature substantially increased the appeal of SHIB tokens to dApps, NFT, and DeFi protocols, vastly improving adoption. As more projects are implemented on Shibarium, the demand for SHIB will increase alongside the bullish market momentum. Moreover, SHIB’s planned token-burning strategy has become more aggressive, decreasing supply even further. Deflationary buyback pressure during peak times, as well as targeted burning, increases scarcity and long-term value. Increased token burns undoubtedly make SHIB a price appreciation candidate.
SHIB Price Prediction
SHIB price analysis: blockchain reporter
If SHIB continues to hold around support of $0.0000162 while breaking resistance around $0.0000172, bullish price action could commence. Such price action could be assisted by early signs like the MACD crossover happening and the RSI being neutral-slightly positive. If this continues, we could expect prices to increase by $0.000115 to $0.000120 by July. Increasing trading volume would be necessary to fuel this rally.
Rexas Finance (RXS): An Upcoming Player in Real Asset Tokenization
Rexas Finance is emerging as a new player in the cryptocurrency world. Unlike Shiba Inu, which is purely meme-based, Rexas Finance specializes in tokenizing real-world assets. Users can invest in publicly available real estate shares, commodities, and intellectual property. Rexas Finance has achieved remarkable growth by incorporating physical assets onto the blockchain, thus broadening diversification opportunities for prospective investors. Moreover, Rexas Finance possesses various unique ecosystem components, like the Rexas Token Builder and Rexas Launchpad, which simplify the process of asset tokenization.
Shiba Inu or Rexas Finance? Emerging Cryptos with Competing Potential
Rexas Finance and Shiba Inu target distinct sectors of the crypto audience. The latter relies heavily on a community of memes and social media, creating hype and speculation around the token. The hype keeps Shiba Inu a well-known token in the cryptocurrency market.
Predicting what SHIB will be worth with optimism is more than laughable, as it relies on the ever-changing market mood. Rexas Finance, in contrast, targets real-world use cases and asset tokenization. This approach makes investing in real estate, precious metals, and commodities possible.
Consequently, it gives Rexas finance many more investment options than Shiba Inu, which is only into meme coins. Rexas Finance aims to simplify ownership of assets through fractional ownership, which enables a typical investor to buy shares of assets.
For a long time, Rexas Finance’s asset model has delivered greater stability than the short-term surge of Shiba Inu. In addition to that, Rexas Finance’s ecosystem offers stability to common investors built on real-world applications.
Why Rexas Finance is gaining traction: The $1 million giveaway and Certik audit
Rexas Finance’s growth narrative is supplemented by its scheduled giveaway of $1 million in tokens and the Certik audit. Given that roughly $46 million has already been gathered from the token presale, and that 89% of the tokens have already been sold, the giveaway serves as a hook to draw in new investors and increase community engagement. As Rexas Finance looks to compete with Shiba Inu, the Certik audit will increase the project’s credibility and help build trust in the ecosystem.
Conclusion
Shiba Inu shows promise but has challenges, while Rexas Finance takes the lead with real-world asset tokenization, strong community support, a $1 million giveaway, and a Certik audit. Positioning itself to outperform Shiba Inu and appealing to a larger investor base, Rexas Finance is set for long-term growth, turning a mere $1,000 into $75,000.
For more information about Rexas Finance (RXS) visit the links below:
Website | Win $1 Million Giveaway | Whitepaper | Twitter/X | Telegram
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