With Shiba Inu (SHIB) facing prolonged price stagnation, many buyers are seeking alternative crypto investments with greater potential for exponential rallies. One project drawing significant attention is Rexas Finance (RXS), a blockchain platform specializing in the tokenization of real-world assets. Positioned as a next-generation investment opportunity, Rexas Finance offers a unique ecosystem that combines asset tokenization, DeFi features, and advanced yield strategies.
Shiba Inu Struggles to Break Resistance Levels
Shib Token price has risen by 74% in a month and is still constrained within a relatively tight trading range. presently sitting at $0.00002805 – $0.00003489, SHIB has not been able to hold above the first key resistance level of $0.00003759. Historical information from CoinMarketCap reveals that SHIB has slumped 15.80% within the last week while its value has risen by 22.75% in one month. Alternate technical analysis shows that SHIB may not be able to escape the volatile roller-coaster. Relative strength index or RSI is at 37.11 which indicates an oversold situation in stock, Stochastic is at 21.90 which indicates an upward movement is possible. However, the 100-day SMA is established at $0.00003024; the bearish indicators MACD remain relatively subdued, making it very challenging for SHIB to reclaim its year-to-date high of $0.000075.
In SHIB’s ongoing fight against consolidation, some analysts are starting to question whether it can even hit giant targets such as $1, let alone the oft-discussed price point. One Wall Street analyst recently said that SHIB could not get anywhere near this level, to them it was more like believing in Santa Claus.
Rexas Finance Presale Nears Completion with Strong Momentum
Rexas Finance (RXS) has emerged as a viable alternative for buyers looking for substantial rallies. The RXS presale is in its 10th stage, with 90.15% of the targeted funding already secured. As of now, 342,572,509 tokens have been sold, raising over 27.5 million USDT out of the 33.125 million USDT target. Each RXS token is priced at 0.150 USDT in the current stage, with the next stage set to increase to 0.175 USDT.
https://x.com/rexasfinance/status/1867165695907430736
It also serves to disrupt the tokenization of real-world assets by offering its users an opportunity to tokenize real-world assets like real estate, artworks, and IPs. It allows people to own fractions of the objects, which makes objects and equipment, high value but needed to achieve a specific result, available to a wide range of people. For instance, Rexas Finance offers its users services such as the Rexas Token Builder and the Launchpad to help facilitate asset tokenization and fundraising without engineering skills.
Security and DeFi Features Enhance Buyer Confidence
Rexas Finance has helped strengthen buyer security by performing an audit from CertiK, a well-known blockchain auditing company. In this regard, this accomplishment can guarantee the safety of the platform and its transparency to the members of the crypto community. Moreover, it has enlisted its token, RXS, on platforms like CoinMarketCap as well as on CoinGecko making it more accessible to a pool of buyers.
https://x.com/rexasfinance/status/1857692542290059502
The project also has elements of decentralized finance (DeFi) such as staking, liquidity pools where holders are rewarded for providing liquidity, and yield farming. This way, commitment-based incentives take up 22.5% of the total token allocation for staking pools.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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