Doubling or tripling an investment is not a new thing in the world of cryptocurrencies, and Dogecoin (DOGE) is one such story in the digital asset industry worthy of its highlight. It made waves in 2021 when it did a 10,000% boom which was fueled by different factorsNow, another cryptocurrency token, which sells at under $0.20, seems to mirror Dogecoin’s (DOGE) 2021 boom. This is Rexas Finance (RXS), and quite several investors have as usual asked a question, who knows might RXS work out as the next token and vote within the possible Exponential Growth, over 10,000%, around $20 in 6 months?
Dogecoin’s 2021 Boom: A Case Study in Exponential Growth
This interest in DOGE boiled over the top when on February 4, 2021, Tesla’s CEO turned out to be one of the greatest Dogecoin fans and tweeted that ‘Dogecoin is the people’s crypto’. After an endorsement from Musk, thanks to those who had waited for this moment for so long, the price of Dogecoin surged by 50% in a matter of hours. It was only the beginning of a new and relatively insane growth, together with increasing speculation, media buzz, and endorsements.
In the beginning, it was just a joke-based coin able to trade for $0.0047 with a record date of January 1st, 2021, within no time the coin started grasping attention with the peak being at 0.73 USD recorded in April 2021. Their market value surpassed $0.73 per Dogecoin on the last day of April 2021 recording a price of the crypto coin even growth of over 10,000%.
Rexas Finance (RXS): A crypto on the rise like Dogecoin
As for the excitement in the year 2021, Rexas Finance (RXS) is one of the newly developed tokens that has sparked the interest of grateful investors at this time, akin to Dogecoin. Being sold for below $0.20 at $0.04 in its second presale stage, RXS has left remarkable imprints of its bullish trend even during the presale stages by pulling in tremendous resources, especially within a short period.Within 72 hours, RXS managed to sell 15,000,000 tokens during its first presale stage. The achievement raised $450,000 after selling the tokens at $0.03 each. The next presale stage is selling at a $0.04 token price with a 20,000,000 total token cap of the sale and has promising performance as it took in more than $800,000 in the blink of an eye.Just like Dogecoin at the initial stage, the tokens placed on the project have shown demand, and the speedy realization of RXS has made the market analysts believe the storyline under Rexas Finance is the evolution of Dogecoin. The early presale successful movement has signaled strong market confidence, and if this momentum continues, RXS could experience a dramatic price surge over the next few months.
Why RXS Could Skyrocket to $20 in 6 Months
Many reasons can bring Rexas Finance (RXS) into the same league as Dogecoin and maybe even hit the $20 mark in the next 6 months. The dry-up of the initial presale stages within a short period is usually an indication of potential demand, and more so, an increasing community of buddies. As these investors are buying shares before the token is traded on an exchange, this increased buy-side could again, help raise the price just like in the early days of the doge. Scarcity is another ruthlessness in this game of marketing. Despite an allocation of 425,000,000 tokens, only the presale investor share will get accessed making the investors’ panic dimensions.
During these presale events, once the incentives are withdrawn further, more investors will seek to buy the available tokens thus leading to an increase in the price of RXS as the supply decreases relative to demand. A combination of upward price momentum with market sentiment and a shortage of supply provides a perfect recipe for the phenomenal growth of RXS.
Conclusion
Rexas Finance (RXS) is a token that is bound to feature in the months to come. Looking at the presale and relatively more resources in terms of an increasing community armed with a good market background, RXS may rise like the rise seen with Dogecoin in 2021. Early investors will likely be rewarded as there is a mounting expectation that it will signal the onset of some 10,000% gain in six months pushing the price to $20.
For more information about Rexas Finance (RXS) visit the links below:
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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