Rexas Finance (RXS) which is a new Token with 0.125 USDT is now on the market and tipped to challenge Shiba Inu (SHIB) in terms of rankings.
Crypto buyers are becoming hopeful, and some are expecting Rexas to outcompete SHIB in the future. This bull-run prediction is backed by an investor who had previously estimated SHIB to go up by 7,000,000% in 2021 which makes investors believe that Rexas could emulate a similar path.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
Shiba Inu has experienced recent growth in its ecosystem, as reflected by substantial burn transactions. According to data from Shibburn, over 1.93 billion SHIB tokens were removed from circulation in a 7,418% increase in burn rates on November 30. This effort aims to reduce the circulating supply of SHIB and generate bullish sentiment. Despite the surge, Shiba Inu’s price remains modest at 0.00002593 USDT, a minor decline of 0.06%. In addition, the Shiba Inu development team, led by Kaaldhairya, has worked on improving its blockchain infrastructure, including Shibarium. The Shibarium bridge underwent a security upgrade, temporarily pausing the burn mechanism. This pause has led to some uncertainty about the immediate effects of SHIB’s price action, though long-term prospects remain optimistic with community-driven efforts to reduce supply.
🚨 Important Update: The Shibarium bridge is currently undergoing a critical security upgrade and enter temporary maintenance mode. During this time, the bridge will be temporarily down, but rest assured—your funds are safe (SAFU). Burns will pause temporarily, but the underlying…
— Kaal (@kaaldhairya) November 29, 2024
However, for the Shiba Inu, these changes are positive but at the same time, their market position has declined. Since the start of the year, SHIB has moved lower in the rankings as other cryptocurrencies are launched such as Avalanche (AVAX) and Toncoin (TON). This slowing down of the market share has led to other buyers wondering if it can regain the market speed in the presence of new meme coins.
Rexas Finance with a current trading price of $0.125 USDT has grown immensely in the presale stage. After raising more than 19.5 million USDT so far, the project has all the potential to become a leader in the crypto market. The presale of the token has attracted almost 20 million USDT and more buyers are interested in investing in the token before the price goes higher.
⭐️ Milestone Alert! ⭐️
Rexas Finance has successfully raised $19.5 Million! 🚀
Thank you for your support! 👍
Buy Now: https://t.co/tNJAsvAL8G#rexas $RXS #rexasfinance #crypto pic.twitter.com/kkV80EGSap
— Rexas Finance (@rexasfinance) November 30, 2024
The activity, which is built as the project of tokenization of real-life assets, including real estate, gold, and artwork, has received considerable interest because of the uniqueness of the concept. This convenient intensive application helps users of Rexas to tokenize and trade such assets, which creates new possibilities on the blockchain. Additional interest from buyers has been created by the token’s plans to list on tier-1 exchanges soon. However, the Rexas presale benefits are priceless, and 100 lucky individuals will be given 50,000 USDT each. Moreover, 9999 USDT rewards and a total of 1 million USDT in rewards are waiting for the users of the platform. Prospective buyers are interested in the performance of the token price after the presale phase has advanced to its last stages.
Moreover, as Rexas Finance is in presale, it is at an important milestone. A listing price that is projected to be higher than the tokens’ current value of 0.125 USDT has early buyers all geared up for the upcoming rally. The project has already secured a CertiK audit, ensuring its security and reliability. Buyers are increasingly confident that Rexas will succeed, especially given its unique offering in the asset tokenization space. The platform’s innovative features, like its token builder and launchpad, simplify the process of creating and launching blockchain-based tokens. Rexas is poised to disrupt the traditional finance sector by bringing tangible assets to the blockchain, offering a new way for users to invest and trade. Currently, Rexas Finance’s presale sale is about to end, and many consumers are convinced that, in the future months, the coin’s value will start to climb steeply. Considering its exceptional presales figures and the imminent listing on prominent platforms, Rexas may soon compete with other recognized coins such as Shiba Inu.
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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