Many are questioning whether the well-liked meme coin may bounce back from its present downturn and restore its all-time high (ATH) of $0.00008 by the end of 2024 as Shiba Inu (SHIB) still rules talks among the crypto community. Renowned for prior extreme price swings, SHIB is navigating a difficult road ahead, and the likelihood of hitting its ATH before 2024 ends seems low. Conversely, with a potential for notable gains in the next months, a fast-growing rival, Rexas Finance (RXS), an RWA (real-world asset) token, is becoming a more interesting investment choice as it shows the potential to increase in value by 234%.
Current Performance of Shiba Inu
Reflecting a 76.56% drop from its ATH of $0.00004591, SHIB is trading as of writing at $0.00001826. SHIB has battled to break out from its downtrend over the last three months, displaying little momentum to turn around. At $0.00000855, SHIB is currently approaching a major support level; should it fall short, another decrease could be in store. Given the lack of notable triggers and the general bearish attitude toward the meme currency, analysts believe SHIB is unlikely to witness a rally of the kind needed to clear its ATH before the end of 2024. SHIB would have to ascend 400.97% from its present price if it were to achieve its ATH of $0.00008. Such a shift appears unrealistic, particularly given meme currencies mostly rely on speculative excitement and social media-driven pumps instead of strong use cases. Investors have rising mistrust of SHIB since it has struggled to provide real value beyond its meme-based attraction.
Rexas Finance (RXS): An Interesting substitute
While SHIB’s prospects remain poor, another token, Rexas Finance (RXS), is swiftly attracting attention in the crypto community. Unlike SHIB, which is mostly driven by memes and social media trends, Rexas Finance is an RWA-focused project aimed at transforming the way people invest in real-world assets such as real estate, commodities, and art. Having already jumped 100% from its starting price of $0.030, Rexas Finance is currently valued at $0.060 in its presale stage 4. Strong investor enthusiasm drives this remarkable increase; thus far in its presale, $4,283,900 has been raised. With the token set to hit $0.2 upon public launch, analysts predict Rexas Finance will keep on its increasing trend. For individuals looking for significant short-term gains, Rexas Finance would be a considerably more enticing investment choice as this would show a 234% rise before the end of 2024.
Why Rexas Finance Outfits SHIB
Rexas Finance’s increasing appeal stems mostly from its creative method of tokenizing actual assets (RWA). Rexas Finance provides actual value that distinguishes it from meme tokens like SHIB by letting users purchase and trade fractional ownership of real assets via blockchain technology. Growing numbers of investors were drawn to this real-world value, therefore establishing Rexas Finance as a possible crypto game-changer. Moreover, Rexas Finance has already shown up on CoinMarketCap, offering prospective investors thorough information and real-time tracking. The project’s listing on such a credible platform raises its profile in the market and gives its aim legitimacy. This, together with the fact that Rexas Finance has not sought venture capital (VC) backing, lets private investors take part in its early phases without having institutional players drown out them. Rexas Finance is giving a $1,000,000 giveaway to encourage early presale involvement. Twenty winners of this campaign will each get $50,000 worth of RXS tokens, therefore generating even more buzz about the initiative. This giveaway increases the demand for Rexas Finance as a must-watch token in 2024.
SHIB’s Uphill Battle and the Bright Future of Rexas Finance
Shiba Inu is not very likely to clear its $0.00008 ATH as the year closes. The token is in a declining trend; its lack of actual value and dependence on meme-driven hype make a 400.97% rally unlikely. With its creative RWA platform, 234% growth potential before the end of 2024, and long-term possibilities of hitting $0.2 upon its launch, Rexas Finance presents a more interesting investment possibility. Rexas Finance offers a significantly more appealing choice for investors looking for a high-growth substitute for SHIB approaching 2025.
About Rexas Finance :-
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