Are Shiba Inu Token Burns the Secret to Breaking $0.00008 ATH? Why This New Rival Is Quickly Gaining Attention Over SHIB

By October 15, 2024 No Comments

Shiba Inu recently grabbed the attention and caused a debate about there is potential for the price to go up. A lot of people are asking if the current incendiary burn rate, which is more than 1,000%, will make SHIB reach another new high above the all-time high which stands at $0.00008. On the other hand, Rexas Finance RXS is becoming a very strong market player in the cryptocurrency industry. Sorry, but this is a short history of SHIB burning activities and why is Rexas Finance welcomed in the community.

The Rise in SHIB’s Token Burns

In a quite surprising turn of events, Shibburn data indicates that the Shiba Inu burn rate has increased by a stunning 1,041.91% within just 24 hours, resulting in the incineration of more than 6.54 million SHIB tokens. The burnt tokens are making investors optimistic and hoping that a price surge can happen at any moment. Members of the community have helped in the token burns as well with 26.63 million SHIB cut in the last week all by the community.Analyst Javon Marks has taken notice of this trend, predicting that SHIB’s price could soon hit its ATH of $0.00008. He bases his bullish outlook on recent market movements, particularly the strength shown by SHIB at its current price levels. With the token recently breaking out of a falling wedge pattern, the stage appears set for potential upward momentum.

The Rise of Rexas Finance (RXS)

While Shiba Inu’s burn rate creates buzz, another cryptocurrency is rapidly gaining attention: Rexas Finance. Currently priced at $0.060 in its presale stage 4, Rexas Finance has experienced remarkable growth, surging by 243% during stages 1, 2, and 3. Analysts anticipate the token will list at $0.2 upon its official launch, providing early investors with a potential return on investment (ROI) of nearly 4x if they buy in now.To date, Rexas Finance has successfully raised over $2,750,000 and sold out 65,000,000 RXS tokens, a clear indicator of investor interest. Those who participated in the earlier presale stages have already enjoyed over 2x ROI. But what is it about Rexas Finance that has investors buzzing, even in the shadow of established players like SHIB?

Why Rexas Finance (RXS) Stands Out

An important reason behind the interest of thematic investors in Rexas Finance is its place in the capital markets. This is contrary to SHIB which can be classified as a meme coin. Rexas Finance deals with the tokenization of real-world assets (RWA), which is a fusion between existing investment models and blockchain technology. It is a welcome strategy as it meets not only the appetite of crypto lovers but also the normal ones who seek more in the changing world of finance.In addition to that, Rexas Finance has come up with a $1,000,000 giveaway whereby twenty selected investors get the chance to win $50,000 each. This campaign has created another appeal for potential buyers. It is expected because to do so, users have to invest at least $100 in presale, provide their ERC-20 wallet; and follow some easy instructions. Worried about winning, there is a chance of referring friends to the project to increase the probability of winning which brings a fun aspect of it to participants.

The Compelling Case for Investment

As SHIB’s community engages in token burns and anticipates price rallies, Rexas Finance is positioning itself as a formidable rival with tangible growth potential. The ongoing presale not only promises substantial ROI but also emphasizes technological advancements and real-world applications that set it apart from traditional meme coins.For investors keen on maximizing their returns, now is an opportune moment to consider Rexas Finance. With its presale showing strong momentum and innovative initiatives like the giveaway, it presents a compelling investment choice.

Conclusion

While Shiba Inu’s recent burn rate surge has sparked optimism among its community, the rise of Rexas Finance signifies a shift in the crypto narrative. As investors weigh their options, Rexas Finance stands out not just as a new competitor but as a platform that offers the promise of real-world asset tokenization. The combination of potential high ROI and engaging investor initiatives makes Rexas Finance a serious contender in the cryptocurrency space. All those who wish to participate in a project with further growth should consider investing in RXS during the presale. This step seems to be the most beneficial within the shortest time.This holds true whether you are an experienced financier or a relative novice to the world of cryptocurrencies. Developments related to SHIB and Rexas Finance are important regardless of how much write-up you have on cryptocurrency investments.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.