A large holder with massive stakes in the Shiba Inu ecosystem decided to sell 4.8 billion SHIB, which is worth around 150,000 USDT. This massive dump happens when SHIB struggles to rise past 0.000033 USDT, causing the leading traders to look at other tokens with higher returns. Of these, the most promising has been Rexas Finance (RXS) due to its high potential of rising to 19 USDT from 15,400% due to adopting a genuine real-world asset tokenization model.
Shiba Inu Sees Selling Pressure Amid Whale Movements
The largest holder dumping billions of these tokens led to price swings in SHIB. SHIB had risen to 0.000031 USDT after making a 15% weekly price uplift, but it is yet to sustain the upward trajectory. The target area remains at the 0.000033 USDT level of resistance, with the price above this forming a clear uptrend. However, such a whale movement raises doubts about the long-term potential of the SHIB coin, as it has a circulating supply of 589.3 trillion tokens. Although the SHIB community keeps publicly announcing more token-burning campaigns, the current burn rate of 3.7 billion monthly tokens is considered inadequate to influence the value positively. Therefore, some of the buyers are interested in other prospects, in particular, newer projects with fewer coins and different applications within blockchain technology.
Rexas Finance Presale Gains Momentum with Over 24 Million USDT Raised
Rexas Finance (RXS) has emerged as the latest token to grab the crypto buyers’ attention owing to its presale success and high return ratios. Currently, at the 9th presale stage, the token costs 0.125 USDT and has attracted more than $24.34 million USDT by selling over 318.7 million tokens. The presale is now in the final stage of the presale with only 16.3 million tokens available for purchase before the price goes up.
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Rexas Finance provides the use of decentralized solutions, where it will allow buyers to turn traditional tangible assets including homes, paintings, and ideas into tokens. This handy functionality has attracted much attention, which places RXS at the forefront of new tokenized economy systems. However, the presale price of RXS is expected to rise to 19 USDT, an astonishing 15,400% increase from its current price.
Community Engagement and Audits Bolster Confidence in Rexas Finance
Rexas Finance has prioritized transparency and community involvement, earning recognition from prominent blockchain tracking platforms such as CoinMarketCap and CoinGecko. The project has also completed a security audit by CertiK, a trusted blockchain auditing firm, ensuring that its smart contracts are secure and reliable. The project’s ongoing 1 million USDT giveaway is further strengthening its community ties. participants will share the reward, with 100,000 USDT distributed among them. This initiative has generated significant interest in the token and boosted presale participation. The tokenomics of Rexas Finance are also structured to support long-term value. With a capped supply of 1 billion tokens, 42.5% are allocated to the presale, while 22.5% will be used for staking rewards. Such a structure aims to incentivize long-term holding and adoption.
RXS Expected to Lead the Next Wave of Crypto
Rexas Finance was successful in its presale conclusion, and its approach to tokenizing real-world assets further solidifies it in the competitive crypto space. The buyers are beginning to consider the RXS as the market giant by the time it will be offered at a higher price point. While Shiba Inu faces issues with supply, other tokens such as Rexas Finance are gaining interest because of their utility and possibilities of a several-fold increase in price. At its presale stage, RXS was being sold at 0.125 USDT with the prospect of surging to 19 USDT in the future, thus making the project a worthy investment for buyers.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
