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Buy Signals Flash for ‘Dogecoin (DOGE) Killer’ Shiba Inu (SHIB), Time to Jump In?

Bitcoinist
by Bitcoinist
9 months ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu (SHIB), the second-largest meme coin by market capitalization, has recently gained traction as considerable whale activity indicates positive sentiment. With 3.3 trillion SHIB pulled from exchanges and technical indicators aligning positively, SHIB may be primed for a breakthrough rise. Experts believe SHIB’s current price of $0.00002838 might be the cheapest before it rallies to a new all-time high. Should you buy it?

Shiba Inu Whales Accumulate as Buy Signal Emerges

A recent Coinglass on-chain data shows a large outflow of 3.3 trillion SHIB tokens, worth about $93.3 million. This significant shift from exchanges to private wallets shows increasing interest from whales, frequently associated with bullish market conditions. The outflow lessens selling pressure, usually a precursor to higher price momentum. Technically, Shiba Inu’s price behavior supports this positive attitude. SHIB is currently trading near $0.00002838, nearing a critical support level on an angled trendline. Historically, this level has resulted in big rallies. Analysts like PouyanTradeFX believe that breaking this resistance might rocket SHIB to $0.000074, a whopping 150% increase from current levels. The Relative Strength Index (RSI) for SHIB is at 52, far below the overbought threshold of 70. This shows that there is room for more upward movement. Furthermore, trade volume has fallen by 30% in the last 24 hours, indicating probable accumulation rather than sell-offs.

However, the journey is not without risks. PouyanTradeFX reports that failure to break the trendline might result in a 62% plunge to $0.000011. Using a cup-and-handle chart pattern, another expert, “Crypto ELITES,” predicts a long-term surge to $0.00047905, representing a 1,700% increase. The move in dominance from Bitcoin to altcoins bolsters SHIB’s optimistic outlook, as capital rotation frequently boosts meme currency rallies.

Rexas Finance (RXS): The Next Breakout Story?

While Shiba Inu piques interest, Rexas Finance has emerged as an appealing investment prospect. Targeted at tokenizing real-world assets (RWA), the platform provides a whole blockchain ecosystem that enables everyone to access highly valuable assets such as real estate, art, and commodities. This allows fractional ownership of the once unaffordable assets, providing a low-entry door to the multi-trillion dollar market. Rexas Finance is making waves in the cryptocurrency sector. The presale has now progressed to stage 10, with each RXS token priced at $0.15. This represents a continuous trend from early periods, as its price appreciated from $0.03 to $0.15. So far, the presale has raised $28.50 million and sold 349 million tokens. With the final stage price set at $0.175, early investors stand to benefit considerably, especially because RXS is planned to list on at least three top-tier exchanges for $0.20 per token.

The Rexas ecosystem offers innovative tools such as the Rexas Token Builder, which streamlines token production for crypto and NFTs, and the QuickMint Bot, which allows rapid smartphone token generation via Telegram and Discord. Its AI-powered GenAI platform revolutionizes NFT creation by allowing users to create distinctive, valuable digital products easily. The platform’s AI Shield provides smart contract security through real-time audits and monitoring, which boosts investor trust.

Rexas Finance’s Certik audit strengthens its credibility by highlighting the platform’s solid security structure, which is crucial for both retail and institutional investors. The RXS token serves as the backbone of this ecosystem, allowing transactions, motivating participation, and driving yield optimization across different chains through the Rexas Treasury.

Rexas Finance Have Raised OVER $24M in Their PRESALE (GET IN NOW!)

The market potential for RXS is enormous. The tokenization of RWAs allows access to trillion-dollar markets, including the $379.7 trillion global real estate industry and the $121.2 trillion commodities market. Also, industry experts believe RWA tokenization might be the next trend in the crypto market, as several blockchains are now diversifying into this sector.

With impending exchange listings and a potential spectacular rise, RXS might reach $20 by 2025, marking a 100x increase over its listing price. Furthermore, ongoing freebies, such as the $1 million RXS distribution, help to engage the community and increase its reach. Rexas Finance’s presale success reflects the growing demand for systems that combine decentralized finance (DeFi) with real-world utility. As the bull cycle extends into 2025, Rexas Finance’s creative approach and upside potential make it a must-have crypto.

Conclusion

Recent whale activity and positive technical signals from Shiba Inu indicate that it is about to make a major comeback. Hence, now is a crucial moment for potential investors to pay attention. With important support levels in play, SHIB’s momentum could result in significant returns in the coming weeks. Meanwhile, Rexas Finance represents an unprecedented potential for blockchain innovation. Its presale goals, ambitious vision, and distinctive features make it an appealing option for investors eager to diversify their portfolios and participate in the trillion-dollar asset tokenization market.

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

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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