Shiba Inu has again captivated the market as it finally turned its prolonged consolidation phase into gain. Riding the general bullish crypto market wave, SHIB has risen 38% in two weeks. Historically, this price action exhibited parabolic phases following major accumulation and market corrections. With its price hovering around $0.00002365, there are speculations that SHIB will rise toward $0.0001. Whales are also stockpiling trillions of SHIB and with the burn rate increasing by 1,837%, is history about to repeat itself? Let’s have a peek.
Shiba Inu’s Historical Parabolic Phases
The path to the recent Shiba Inu price recovery has shown consolidation, gains, and retreat. SHIB experienced similar momentum back in 2022, driven by a large rally that pushed the meme coin to unprecedented heights. All signs point to another possible outbreak. A golden cross has formed on SHIB’s chart, indicating a crucial bullish signal in which the 50-day moving average (MA) exceeds the 200-day MA. While there was a minor pullback from the $0.00003 zone, this technical signal indicates that an uptrend is well underway. Furthermore, recent CoinGecko data show that SHIB has maintained its momentum amid considerable market speculation. Large investors, or “whales,” have shown tremendous faith in the asset, bolstering its trajectory. One whale recently purchased 4 trillion SHIB, greatly lowering market liquidity and increasing scarcity. When combined with the steep increase in the burn rate, the market fundamentals point to a probable explosion.
Is $0.0001 the Next Stop for SHIB?
While Shiba Inu price action mirrors the historical precursor to notable rallies, the journey to $0.0001 looks quite far from reach. Trading at $0.00002365 as of writing, SHIB will have to rally around 330% to achieve this feat. SHIB has not seen such a rally recently; instead, it tends to shed its gains during consolidation phases. For SHIB to finally shed a zero, it needs to have a sustained rally, which would boost its market cap. Additionally, achieving the $0.0001 target in the near future would likely require quadrupling the ongoing burn rate.
Rexas Finance (RXS): The Altcoin in the Spotlight
While Shiba Inu makes headlines, Rexas Finance (RXS), another altcoin, is quietly dominating the market. By tokenizing real-world assets, Rexas Finance grants investors access to high-value markets like real estate, commodities, and art. Through blockchain security and transparency, this technology democratizes asset ownership through fractional investments. The Rexas Finance ecosystem includes tools like the Rexas Token Builder and QuickMint Bot to facilitate tokenization. These features make creating and managing asset-backed tokens simple for anyone who has no technical knowledge. The platform’s inclusion of decentralized finance (DeFi) expands its attractiveness by providing yield farming and staking options that maximize investment rewards. The experience of the RXS presale has been truly remarkable.
Click Here To Buy Rexas Finance (RXS) Presale
Instead of venture capital backing, the project chose a public presale to build a devoted community while maintaining decentralized ownership. The presale has been a huge success, raising over $10.5 million and selling roughly 180 million tokens. At Stage 6, the price of RXS stands at $0.080, with a projected increase to $0.090 in the subsequent stage, and the presale has already completed 89.85%. Meanwhile, Rexas Finance has obtained the prestigious Certik audit accreditation, strengthening its reputation as a secure and reputable initiative. This milestone and recent listings on CoinMarketCap and CoinGecko give potential investors unparalleled visibility and trust. Furthermore, the ongoing $1 million giveaway, in which 20 entrants will win $50,000 in RXS, adds to the excitement and encourages community interaction. With a plan to list on at least 3 tier-1 exchanges, the opportunity for a Rexas Finance rally appears limitless. As the presale approaches conclusion, early investors are poised to enjoy huge gains, making now the best time to secure RXS tokens at their current price before they skyrocket in value.
Conclusion
History is preparing Shiba Inu for a potential price rally, and everyone is eager to see if it can surpass $0.0001. The combination of whale accumulation, greater scarcity, and bullish technical indicators presents a positive picture of SHIB’s future. Meanwhile, Rexas Finance presents an equally attractive investment opportunity. RXS is poised for exponential development thanks to its novel tokenization strategy, flourishing presale, and strong security measures. Rexas Finance presents an enticing opportunity for investors seeking the next big gain, allowing them to participate early and experience the exciting financial revolution.
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.
