Led by Dogecoin (DOGE), the meme coin market has generated interest and inquiry among investors, especially around one hot issue: Will Dogecoin hit $1? Many would find that reaching this historic threshold supports DOGE’s legitimacy in the cryptocurrency space. But citing many reasons that point to a longer wait, a top crypto trader has thrown cold water on the idea that Dogecoin could exceed $1 anytime soon. Although the next bull cycle might raise the price of the meme coin, another more exciting prospect for significant returns could be located in initiatives like Rexas Finance (RXS).
The Reality of Dogecoin Hitting $1
Dogecoin’s price right now is about $0.13, well below its all-time high of $0.73 attained in May 2021. Given the present circulating supply of more than 144 billion DOGE tokens, DOGE would have to have a market valuation of about $144 billion if it is to hit $1. With this, Dogecoin ranks third in market value among cryptocurrencies, behind familiar names like Binance Coin (BNB) and USD Coin (USDC). Attaching such a high valuation is no small achievement. Though during the last bull cycle in 2021, Dogecoin skyrocketed by approximately 25,000%, its current performance has been disappointing when compared to other meme coins. DOGE has increased 109.59% over the previous 12 months, Shiba Inu (SHIB) by 140.83%, and younger meme coins like Pepe (PEPE) by an incredible 991.44%.
Several elements are undermining Dogecoin’s chances of soon reaching $1. First, as fresh blocks are mined, their supply keeps rising by 10,000 DOGE, diluting their scarcity and so restricting the possibility of significant price gain. Second, although there is some acceptance for payments and tipping, Dogecoin’s usefulness is still restricted. It suffers to maintain the momentum required for a $1 price goal without a compelling use case. Finally, although the next bull market might boost numerous cryptocurrencies, Dogecoin is less likely to surpass rivals with better foundations or creative real-world use. This leads us to Rexas Finance, a more recent entry into the crypto scene.
Rexas Finance (RXS): An Other More Attractive Option
Although the price of Dogecoin is unknown, Rexas Finance (RXS) stands out as a great substitute for those seeking high development possibilities. Rexas Finance is based on the groundbreaking idea of Real World Asset Tokenization (RWA), unlike meme currencies, which sometimes depend on social media frenzy. With Rexas Finance, users can tokenize real-world assets such as real estate, art, commodities, and intellectual property, therefore providing worldwide access to markets usually restricted to a small number. Rexas Finance generates liquidity and new investment possibilities by converting real assets into digital tokens on the blockchain.
Given the explosive expansion of the asset tokenizing industry in the next few years, this capability presents a great opportunity. Currently, at Stage 4 of its presale, Rexas Finance sells one RXS for $0.060. Having raised almost $4.3 million of the $5.45 million target, the presale is presently 83.61% full, with 91,985,889 tokens sold out of the 110,000,000 available. The price will rise to $0.070 after this stage is over; hence, investors who enter now stand to gain from the expected increase. With early returns, the crypto trader projects Rexas Finance might reach $1 by mid-2025. From its present presale price of $0.06, a $1 price would mark a shockingly 1,566% gain. From this standpoint, you would own 16,666 RXS tokens if you invested $1,000 in Rexas Finance at $0.06 per token. Should the price approach $1 in 2025, your investment would be $16,666, a significant gain.
How to Invest in Rexas Finance
Though it’s easy, investing in Rexas Finance calls for just a few actions. First, you’ll have to create a compatible wallet that supports Wallet Connect—either MetaMask or Trust Wallet. To pay gas and enable the purchase of RXS tokens, make sure you have Ethereum (ETH) in your wallet. After your wallet is ready, visit the Rexas Finance page, connect your wallet, and make sure it is set to the Ethereum chain (ERC-20). One can buy RXS coins with ETH or USDT. For those unfamiliar with DeFi, businesses like Ramp Network or MoonPay allow one to purchase RXS using a credit or debit card, effectively transforming fiat money into ETH.
Final Thought
Although fans of Dogecoin could still dream of the day DOGE reaches $1, the reality is that it might take more time than anticipated, if it happens at all. Rexas Finance, with real-world applications and a growing market for asset tokenization, provides a more interesting route to notable gains in the meantime. Early buyers of Rexas Finance’s presale are setting themselves up for significant returns, so this is a better investment option for anybody trying to make their money work harder in the crypto environment.
About Rexas Finance :-
Website: https://rexas.com