Currently trading at $0.00002932, Shiba Inu has grown 16.4% on the last day and 67.1% on the last week, showing growing interest and speculation about its future price trajectory. Despite its rise, SHIB is far from $0.01. Due to its low market cap and huge circulating supply, Shiba Inu requires $5.89 trillion to reach this price. Experts dispute whether massive token burning and strategic developments could bring SHIB closer to its aim, even if the valuation is lower than expected.
Can SHIB Reach $0.01? How Soon
SHIB investors have always aimed for $0.01. With its present value of $0.00002932, the meme currency would need a 34,130% increase to reach one cent. Major burns would be needed to lower SHIB’s present level of 589.26 trillion from what it is. Although the Shiba Inu community has burned almost 410.7 trillion tokens thus far, many feel that the currency still needs extensive burns to hit $0.01. Creators of Shiba Inu have also started Shibarium, a layer-2 blockchain that will burn SHIB using a percentage of the transaction fees. Shibarium has successfully burned over 55 billion SHIB since its introduction, with further burns expected as transaction traffic increases. In order to boost SHIB’s utility, the community has proposed integrating SHIB as a gas token on Ethereum, with accumulating tokens immediately destroyed. If adopted, this project has the potential to significantly limit SHIB supply significantly, enhancing the possibility of the token’s price rising to $0.01 at a lower market capitalization. With Shiba Inu still trading far away from $0.01, high-utility tokens, such as Rexas Finance (RXS), have attracted attention due to their ability to generate huge profits, real-world use cases, and innovative ecosystem features.
Click Here To Buy Rexas Finance (RXS) Presale
Rexas Finance (RXS): A New Competitor for Investor Attention
Rexas Finance, a blockchain platform for RWA tokenization, quickly gained attention for its unique offerings. It democratizes access to high-value assets like real estate, art, and commodities. With access to fractional ownership, both retail and institutional investors can buy small fragments of these assets without needing huge initial costs. Rexas Finance offers a variety of ecosystem products designed to simplify the asset tokenization process. Users may easily create tokens with Rexas Token Builder, while QuickMint Bot allows for fast token production on major messaging apps. Rexas GenAI creates high-quality NFT artwork, while Rexas Treasury maximizes the yield on cryptocurrency deposits. The Rexas AI Shield improves security through smart contract audits, while the Rexas Launchpad helps new crypto projects. Rexas Finance is now in the fifth stage of its presale, with each RXS token priced at $0.07. The presale is showing encouraging momentum, with around 128 million tokens sold and $6.76 million raised thus far. Once completed, the next step will see RXS priced at $0.08, paving the way for further expansion.
Rexas Finance just gained listings on CoinGecko and CoinMarketCap, increasing transparency and visibility and attracting new investors. Furthermore, Certik successfully audited the project’s smart contracts, improving its security profile and raising investor confidence. Rexas Finance is hosting a $1 million giveaway to encourage more participation. Twenty lucky participants will receive $50,000 in RXS apiece, an intriguing offer to increase community engagement and excitement about the initiative. Following the presale, Rexas Finance intends to list on three of the top 10 major global exchanges, providing RXS with strong liquidity and significant market exposure. As Rexas Finance approaches the mainstream, its strong ecology and easy accessibility make it a viable asset for early investors.
Conclusion
Shiba Inu’s trek to $0.01 remains a difficult but hopeful prospect, relying mainly on smart burns and ecosystem expansion. While the price target is lofty, current developments may move SHIB closer to its objective. However, the journey ahead is unpredictable and difficult.
Meanwhile, Rexas Finance presents an appealing investment opportunity because of its emphasis on real-world asset tokenization, robust ecosystem offerings, and encouraging presale performance. Rexas Finance is well-positioned for quick expansion, making it an excellent alternative for investors looking for high-growth opportunities in the cryptocurrency industry.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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