Dogecoin has been surging recently, and with the increase in DOGE whale activity, there has been a similar increase in other meme coins, Shiba Inu and Pepe coins. What’s even more interesting is that there is excitement surrounding these activities, as there is a good chance that these tokens will reach new highs in the future. Additionally, the recently launched altcoin Rexas Finance (RXS) is also receiving some attention, although it offers a utility-based model and is not associated with meme coins and their speculative nature.
Shiba Inu Remarkably Surpasses $0.000019 Mark: Price Trends by November 2024
Currently, on November 9, 2024, Shiba Inu is trading at $0.00001947, with a market capitalization of approximately $11.48 billion. As for technical indicators, SHIB appears to be completing the “rounding to the bottom” price structure, which over the past week has been fully realized, signaling a change in dynamics. If this pattern plays out, it generally indicates a further breakout of two important areas with strong resistance points, which in turn could lead to SHIB moving closer to its previous highs. At present, Shiba Inu market sentiment is reported to be neutral. However, the improvement in 24-hour trading volume to $164.6 million suggests renewed interest in the market. This type of engagement could be triggered by certain whales establishing positions before the coin breaks out, a pattern that has often led to price movement. Additionally, Shiba Inu has a unique community and its ecosystem is growing with initiatives such as Shibarium and ShibaSwap. These features provide Shiba Inu with more utility than typical meme coins, increasing its appeal to retail and institutional investors.
Pepe Coin (PEPE): a coin that never goes out of style due to its strong community
Pepe Coin (PEPE), named after the famous Pepe meme, has maintained its position among meme coins thanks to its dedicated community and cultural appeal. Whales’ recent interest in PEPE suggests that larger investors are showing interest, which could indicate that the market as a whole is expecting an uptrend. Like SHIB, PEPE price action is volatile and heavily influenced by whale activity and general market sentiment. Pepe Coin may have entered the market more recently than Dogecoin or Shiba Inu, but has secured a place in meme culture and among young investors. This attracts investors due to its low cost of entry, positioning PEPE favorably in the market. Although it lacks the well-developed ecosystem of SHIB, PEPE could realize short-term gains due to speculative attention from whales, assuming a retail rush ensues.
Click here to buy the Rexas Finance (RXS) presale
Rexas Finance (RXS): a utility-focused alternative
Unlike meme coins such as SHIB and PEPE, which rely on a community approach to attention and value growth, Rexas Finance (RXS) stands out with its utility-driven model. Through RXS, Rexas aims to tokenize real-world assets on the blockchain, including real estate, intellectual property and fine art, by providing the token with tangible utility rather than speculative value, enabling users to hold a portion of high-value assets. After raising over $6.2 million through the sale of 121 million tokens in the first presale stage and entering its fifth presale stage at $0.07 per token, RXS has attracted considerable interest on the market. The combination of these factors and Rexas Finance’s plans to list on major platforms by early 2025 demonstrate strong market interest. Early investors stand to gain, with an initial listing price target of $0.20 particularly favorable for those who purchased during the presale.
Analysts expect the price of Rexas Finance to increase to $0.12 by the end of the year, due to its focus on asset-backed tokenization, making it ideal for investors looking beyond the parts themselves. Recently audited by Certik, a trusted brand in blockchain security, RXS now offers an additional layer of transparency and security, which further enhances investor confidence.
Unlike Shiba Inu and Pepe Coin, which are more sentiment-driven, Rexas Finance provides a favorable environment for fractional ownership of physical assets and presents a structured blockchain investment case. RXS is also boosting its profile by being published on listing sites like CoinMarketCap and CoinGecko, which improve transparency and attract retail and institutional investors. Additionally, the $1 million giveaway, awarding $50,000 worth of RXS tokens to each of the 20 winners, is an effective strategy to foster community development and expand the platform’s reach.
Why RXS could outperform in the long term
The effectiveness of Rexas Finance is based on its practical approach. Although people may like tokens like Dogecoin, Shiba Inu, or Pepe because of their hype, RXS’s model is based on the tokenization of real-world assets. This rational approach appeals to a different audience, focused on long-term potential rather than short-term gains. As physical assets become increasingly tokenized, RXS could lead to a shift in the crypto industry. Considering Rexas Finance’s real-world functionality, pre-sale success and upcoming stock market listings, it has further growth potential. Its stability, less affected by market sentiment, makes this approach practical. As more investors seek utility and stable assets, RXS could prove to be a more reliable option than meme coins.
Conclusion: RXS Pioneers Beyond the Hype of Meme Coins
While current activity in Shiba Inu and Pepe Coin is generating substantial interest in whales, suggesting near-term potential, Rexas Finance offers a more robust investment prospect with tangible applications. As more investors pursue meme coins, SHIB and PEPE prices could rise as new investors join in following the DOGE rally. However, investors looking for sustainable growth and applications will find Rexas Finance a more promising option. With the potential for tokenization of real-world assets, favorable pre-sale trends, and strategic promotional initiatives such as the Millionaire Giveaway, RXS represents an attractive investment opportunity. Its unique utility and market position make it attractive, raising industry standards and potentially outperforming even coins as the market matures. RXS is one of the few tokens offering practical real-world use, poised to strengthen its brand and grow beyond the confines of meme coins.
About Rexas Finance:-
Website: https://rexas.com