Shiba Inu has once again captivated the market by finally turning its prolonged consolidation phase into a gain. Riding the general bullish wave in the crypto market, SHIB is up 38% in two weeks. Historically, this price action has exhibited parabolic phases following major accumulation and market corrections. With its price hovering around $0.00002365, there is speculation that SHIB will reach $0.0001. Whales are also storing billions of SHIBs, and with the burn rate increasing by 1,837%, is history about to repeat itself? Let’s take a look.
The historic parabolic phases of the Shiba Inu
The path to the recent Shiba Inu price recovery has been marked by consolidation, gains, and pullbacks. SHIB saw similar momentum in 2022, driven by a big rally that pushed the meme coin to all-time highs. All signs point to another possible outbreak. A golden cross has formed on SHIB’s chart, indicating a crucial bullish signal in which the 50-day moving average (MA) crosses above the 200-day MA. Although there was a slight pullback from the $0.00003 area, this technical signal indicates that an uptrend is underway. Additionally, recent data from CoinGecko shows that SHIB has maintained its momentum amid considerable market speculation. Large investors, or “whales,” have shown immense confidence in the asset, strengthening its trajectory. A whale recently purchased 4 trillion SHIB, significantly reducing market liquidity and increasing scarcity. Combined with the sharp increase in burn rate, market fundamentals point to a likely explosion.
Is $0.0001 the next stop for SHIB?
While Shiba Inu price action reflects the historical precursor to notable rallies, the journey to $0.0001 appears quite far from attainable. Trading at $0.00002365 at the time of writing, SHIB will need to rally around 330% to achieve this feat. SHIB has not seen such a rally recently; instead, it tends to lose gains during consolidation phases. For SHIB to finally lose zero, it needs a sustained rally, which would increase its market capitalization. Additionally, reaching the $0.0001 target in the near future would likely require quadrupling the current depletion rate.
Rexas Finance (RXS): Altcoin in the spotlight
While Shiba Inu grabs the headlines, Rexas Finance (RXS), another altcoin, is quietly dominating the market. By tokenizing real-world assets, Rexas Finance allows investors to access high-value markets like real estate, commodities and art. With the security and transparency of blockchain, this technology democratizes asset ownership through fractional investments. The Rexas Finance ecosystem includes tools such as Rexas Token Builder and QuickMint Bot to facilitate tokenization. These features make creating and managing asset-backed tokens simple for anyone with no technical knowledge. The inclusion of decentralized finance (DeFi) in the platform broadens its appeal by offering yield farming and staking options that maximize investment rewards. The RXS presale experience was truly remarkable.
Click here to buy the Rexas Finance (RXS) presale
Instead of venture capital backing, the project chose a public presale to build a dedicated community while maintaining decentralized ownership. The presale was a huge success, raising over $10.5 million and selling around 180 million tokens. At stage 6, the RXS price stands at $0.080, with a planned increase to $0.090 in the next stage, and the presale has already reached 89.85%. At the same time, Rexas Finance has achieved the prestigious Certik audit accreditation, reinforcing its reputation as a secure and reputable initiative. This milestone and recent listings on CoinMarketCap and CoinGecko provide potential investors with unparalleled visibility and confidence. Additionally, the ongoing $1 million competition, in which 20 participants will win $50,000 in RXS, adds to the excitement and encourages community interaction. With a planned listing on at least 3 tier 1 exchanges, Rexas Finance’s rally opportunities seem limitless. As the presale draws to a close, early investors are poised to make huge gains, making it the best time to secure RXS tokens at their current price before their value skyrockets.
Conclusion
The story is setting the Shiba Inu up for a potential price rally, and everyone is eager to see if it can break above $0.0001. The combination of whale accumulation, greater scarcity, and bullish technical indicators presents a positive picture for SHIB’s future. Rexas Finance presents an equally attractive investment opportunity. RXS is poised for exponential growth thanks to its new tokenization strategy, thriving presale, and strict security measures. Rexas Finance presents an attractive opportunity for investors looking for the next big win, allowing them to participate early and experience the exciting financial revolution.
For more information on Rexas Finance (RXS), visit the links below:
Website: https://rexas.com
Win a Million Dollar Giveaway: https://bit.ly/Rexas1M
White paper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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