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Is Shiba Inu (SHIB) on Track to delete 2 Zeroes in the coming Bullrun? Analysis

Is Shiba Inu (SHIB) on Track to delete 2 Zeroes in the coming Bullrun? Analysis
© Copyright Image: Crypto Daily™

With a devoted community cheering for the success of the token, Shiba Inu (SHIB) has been a fan favorite in the cryptocurrency scene for years. Though there have been some noteworthy demonstrations in the past, SHIB has found it difficult to pick back up steam and is now trading at $0.00001680. SHIB has a negative trend after it lost 77.04% from its March 2024 high of $0.00004613.  Some analysts are dubious about whether SHIB can "delete two zeroes" in the upcoming bull run on this path. Meanwhile, Rexas Finance (RXS), a bright new SHIB competitor, creating waves in the market, can be a great substitute for investors looking for explosive gains. Although its present price is $0.070, Rexas Finance is about to delete a zero shortly since it will be launched at $0.2 and shows good momentum in its presale.

SHIBs Struggle to Gain Traction

The present price trajectory of SHIB does not point to an immediate return to the required levels to erase two zeroes. Retracing to its former lower high of $0.00002020, SHIB ran across opposition it was unable to overcome. SHIB fell by 21.43% after this resistance level, suggesting that the bears still maintain a commanding presence on the market. If the bearish pressure continues, analysts now predict SHIB could reach a fresh lowest of $0.00001079. Though SHIB has a strong community, right now it lacks the force required to cause a significant price increase. Many investors in the very competitive and constantly changing crypto sector are searching for younger prospects with faster and more significant returns. Rexas Finance (RXS) is one of those prospects; a coin with a unique value proposition and strong presale performance is advancing.

Why Rexas Finance (RXS) Stands Out

Rexas Finance marks a significant change in the blockchain area, not only another meme token. Positioned to lead in Real World Asset (RWA) tokenization, Rexas Finance employs blockchain to create asset ownership more democratic, open, and effective. Unlike other tokens, such as SHIB, the platform aims to tokenize actual assets and make them available to a worldwide audience. Rexas Finance boosts its presence on CoinMarketCap and CoinGecko which has increased its visibility.  Rexas Finance has shown remarkable expansion since starting its presale in September 2024, raising over $5.6 million and selling 112,812,136 RXS tokens as it reaches the fifth presale stage, priced at $0.070. The presale of the token has been successful and drawn a devoted community of more than 176,000 investors. Rexas Finance has created a strong basis of committed supporters concentrated on long-term development by opting for a community-centric approach above conventional venture capital funding.

RXS Presale and Growth Projections: Why Investors Are Excited

Though it is still in the presale stage, Rexas Finance has already made significant returns for early investors165% from its starting presale price of $0.030. The price will leap to $0.080 as it moves into Stage 6, a 26% rise giving investors still another chance to profit from its continuous growth. Rexas Finance also presents a substantial $1 million RXS giveaway, allowing twenty lucky winners to get $50,000 worth of RXS each. By posting and finishing tasks on the Rexas Finance website, participants can raise their chances and therefore increase community involvement and visibility. Rexas Finance is scheduled to launch at $0.20 on three of the top 10 tier-1 exchanges following the presale, therefore creating the conditions for significant increases. Once RXS reaches exchanges, experts think it might target $25 in Q1 2025 since it is becoming a significant participant in the tokenization of actual assets. With a forecasted rise of 35,700%, RXS is positioned to "delete zeros" and take the front stage in the market.

The Verdict: Why RXS Might Be the Better Investment

Although SHIB's future is yet unknown, Rexas Finance presents a new chance with actual value and expansion possibilities.  Rexas Finance offers a more convincing investment story than meme-based tokens like SHIB by concentrating on the trillion-dollar RWA market, therefore addressing a clear demand in the digital economy. With RXS's presale price of $0.070 and its expected $25 target post-launch, SHIB may find it difficult to match the considerable return potential presented here in the next bull run. Rexas Finance presents a more interesting route for investors trying to optimize their gains in the next year. RXS is positioned to succeed with its outstanding presale performance, community-driven strategy, and ambitious development trajectory; early supporters have an opportunity to be part of a transforming initiative at its start.

About Rexas Finance 

Website:https://rexas.comHalloween Giveaway: https://x.com/rexasfinance/status/1851983620765852009

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Read more: https://cryptodaily.co.uk/2024/11/is-shiba-inu-shib-on-track-to-delete-2-zeroes-in-the-coming-bullrun-analysis

Text source: Crypto Daily™

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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