The nature of the cryptocurrency market is such that it is difficult to predict value and trends in it. There are dramatic upward or downward shifts in the values of assets. One of the most extreme examples of such movements is the rise and fall of Shiba Inu (SHIB). This cryptocurrency made waves in 2021 gaining public notice worldwide for its rapid appreciation. Currently, people’s curiosity is being stimulated by a newcomer, Rexas Finance (RXS) and many have begun wondering if it will go the way of SHIB and be the next trend in the crypto market.
The Shiba Inu (SHIB) Price Run
To analyze what are the chances for Rexas Finance to be a duo like Shiba Inu, one must first examine the story of SHIB. A continually upward price of SHIB got to its deserved height three days after 11th May 2021 which saw it increasing by 1953% from $0.00000172 to $0.00003532. But then just like it rose SHIB also fell to the bottom of the value chain. Notably, despite the downturn, Shiba Inu proved a defiant character. For the following few months, the SHIB price movement remained quite sideways until it started the next wave of rapid price movements on October 2 from $0.00000766 to $0.00002913 on October 13, 2021. Within two weeks, however, a surprising chain of events occurred in the history of Shiba Inu, as the currency surpassed its still undervalued all-time high and was at $0.000089 on October 28, 2021. The market corrected again within several months. A Shiba Inu token is currently priced at $0.00001919 and these trades made 24 hours daily volumes of 880.23M. SHIB has kept the interest of the other participants of the crash despite its falling trends.
Click Here To Buy Rexas Finance (RXS) Presale
Rexas Finance (RXS): The Next Shiba Inu (SHIB)
Introducing Rexas Finance (RXS), particularly in its presale stages, is a token that has been generating headlines in the cryptocurrency space. Early backers of the token seem attracted to its technology and efficient selling. Some have begun to float the theory that RXS could soar just like Shiba Inu did based on the dynamics outlined above, with funders making use of it. The project intends to change the way digital assets are accessed and utilized by users by providing a single solution for their management. These utilities are for this reason rather inapplicable to meme coins like SHIB which sought popularity through social media.
Impressive Presale Performance
It is worth noting that one of the many attributes of Rexas Finance is the level of success recorded during the stage of presales. Out of the 425,000,000 RXS tokens, which were allocated for the entire presales period, 15,000,000 tokens were made available during the first stage and sold out in less than three days. This rapid sellout not only showcased the overall level of interest in the token but also created a platform for future success. The second stage of sale proffers two similar liking patterns, selling out 20 million tokens from the presale at $0.04 bringing in a total of $1,250,000. Now, stage three of the presale is underway, at which tokens are selling at the price of $0.05. So far, the presale has raised over $2 million further indicating that there is a belief in the market that the token has great future value.
Why RXS Could Replicate SHIB’s Success
The presale success with Rexas Finance has been like that of Shiba Inu in the early days of the projects where the community was interactive and there was great value for little investments in SHIB. Although RXS is not a meme coin, the way it performed in the first few weeks implies that it can take the exact path. Several parameters that can support the probable expansion of RXS include a better proposition than a speculative meme coin by allowing for real estate, and asset management and trading of tokenized assets through the platform built by the project. In addition, RXS projects are being introduced at the right time when the market is looking for real projects with proper fundamentals.
Conclusion
Rexas Finance (RXS), which targets a breakout in the crypto world gathers investors with effective presale stats and with serious use cases. It remains to be seen however whether RXS will have the same meteoric growth as Shiba Inu, the signs however are encouraging. RXS is certainly a project that will be monitored closely, given its creative platform, expanding community, and focus on the 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.
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