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Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick

Here’s How High DOGE Bull Run Will Go Before a Reversal

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

The popularity of Dogecoin remains unwavering. As of  7 November 2024, the price of Dogecoin is 0.19440051, and its market capitalization exceeded 28,517,354,897. Recent technical analysis seems to point towards a positive trend. Therefore, analysts and traders are discussing the price levels DOGE might reach before a possible bearish reversal. Dogecoin appears to be forming a technical pattern on the weekly timeframe known as a “rounding bottom,” which increases the chances of a bull run after a prolonged depression. It is reasonable to assume DOGE could attempt to reach the $1 all-time high resistance level, potentially leading to a fresh bull run.

Dogecoin Price Prediction for 2025

Many analysts studying the 2025 outlook believe the best scenario would consider both market dynamics and Dogecoin’s historical performance. If positive momentum remains, prices might go up, and here’s what investors might expect:

  • Minimum Price: According to a common estimation, DOGE could fall to a minimum of $0.111, which would be $0.11 lower than the average.
  • Maximum Potential: DOGE may exceed this price point, but forecasters suggest the maximum could be around $0.18, breaking its previous highs.
  • Average Trading Price: The average trading price is estimated at $0.29, indicating the possibility of gradual development within a period not exceeding two years.

While these projections appear attractive, the volatile characteristics of meme coins, like Dogecoin, imply that reaching $1 will require strong external catalysts, continuous buying support, and overall market backing.

Rexas Finance (RXS): A Competitor With More Utility

Dogecoin has seen a rapid rise, but investors are starting to seek tokens with more utility than mere speculation. An example is Rexas Finance (RXS), which aims to optimize the digital asset space by connecting real-world assets with the blockchain. Unlike meme coins, which are highly correlated with public sentiment, RXS seeks to gain from tokenizing underlying assets. The platform enables fractional investments in precious assets such as real estate, digital assets, and fine art, integrating both conventional and digital forms of investment. The gradual acceptance of Rexas Finance’s presale indicates its market appeal. At the fifth presale stage, the Rexas project is priced at $0.07 and has earned $5.9 million. This increases investor confidence and suggests long-term project viability. Rexas Finance targets a listing price of $0.20, offering early investors the chance for significant profits.

Click Here To Buy Rexas Finance (RXS) Presale

Key Elements of Rexas Finance’s Value Proposition

Rexas Finance’s model differentiates it from meme coins due to the following factors:

  • Real-World Asset Tokenization:Rexas Finance pioneers the tokenization industry by enabling users to tokenize markets and access assets such as real estate and intellectual property that were previously out of reach.
  • Community Involvement and Bonuses:The platform is holding a $1 million giveaway with 20 winners who will be rewarded with $50,000 RXS each. This improves the level of engagement by users and promotes the project further as more investors are encouraged to join the ecosystem.
  • Strategic Growth and Exchange Listings: Successful listings on CoinMarketCap as well as CoinGecko have raised interest not only among retail but also institutional investors. In addition, expansion to several other exchanges projected for early 2025 will widen the company’s market base.

Rexas Finance’s coin is more utility-focused, and its tokenomics suit investors seeking a longer-term investment rather than hype.

Reasons Why Rexas Finance Could Outperform Dogecoin

Dogecoin’s speculative nature limits its applicability. In contrast, Rexas Finance’s growth is based on asset-backed investments, aligning with the market’s current focus. If DOGE maintains its fame-based appeal, RXS could have a stronger and more sustainable scope due to its unique business model and the trend of asset-backed tokens.

Conclusion: RXS Sets the Standard for Development

While Dogecoin seeks its footing in the meme coin ecosystem, Rexas Finance is building a model based on asset tokenization with non-crypto-oriented use cases. For investors seeking long-term growth with lower risk, RXS presents a strong option. Its validated presale, long-term roadmap, and strong fundamentals with tangible assets provide a sound basis for the next cycle in the crypto sector. The fundamentals, along with the platform’s efficiency and outreach, position Rexas Finance to outperform Dogecoin and deliver substantial value to its investors in the coming years.

About Rexas Finance :-

Website: https://rexas.com

 

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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