4 Reasons to Ditch Shiba Inu and Dogecoin this Bull Cycle
Riding the meme currency fever in 2021, dogecoin and Shiba Inu set DOGE's all-time high (ATH) at $0.73. Proceeding in the same line, SHIB peaked at $0.000084.
Many investors are turning to meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) as the crypto market heats up for the next bull cycle. These coins are known for their wild price swings, but they might not be the best investment options right now.
Instead, consider Rexas Finance (RXS), which provides more calculated investment opportunities. Here are 4 reasons to pass on SHIB and DOGE this bull cycle and invest in RXS instead.
4 Reasons to Ditch Shiba Inu and Dogecoin This Bull Cycle
Riding the wave of meme coin popularity in 2021, dogecoin and Shiba Inu set new all-time highs (ATHs) with DOGE hitting $0.73. In the same vein, SHIB peaked at $0.000084. Three years later, both coins have lost over 80% of their gains, heavily impacting long-term investors. Investors planning to hold their assets for the long haul should disregard the current bullish signals for SHIB and DOGE.
Despite their growing popularity, dogecoin and Shiba Inus still lack practical applications. Both coins started as jokes and have not evolved beyond being meme tokens, lacking a foundation for long-term value. DOGE and SHIB are still largely theoretical, with few practical implementations.
Investors seeking tokens with real-world utility will find better opportunities elsewhere, such as in projects like Rexas Finance that focus on tokenizing real-world assets.
Both Shiba Inu and Dogecoin have poor control over their circulating supply, which has hindered both coins in cases of market dips and affects their potential for significant growth over time. For example, Shiba Inu has a massive token supply of 589 trillion, which is a major roadblock. For SHIB to reach $1, it will need a market cap larger than the world's economy.
Shiba Inu and Dogecoin are highly volatile. Memes can be risky investments despite offering the potential for quick gains. As evident in DOGE's failure to break through resistance levels, even a slight decline in market sentiment can lead to drastic price movements. Investors seeking more stable and sustainable growth can consider projects like Rexas Finance, which has strong fundamentals and practical applications.
Invest in Rexas Finance (RXS)
Unlike Dogecoin and Shiba Inu, Rexas Finance (RXS) provides utility value, making it attractive for long-term investment. The platform focuses on tokenizing real-world assets, allowing users to tokenize and trade physical items like commodities and real estate. This innovative approach bridges the gap between blockchain technology and traditional banking, enabling investors to access real-world assets in a decentralized environment.
Additionally, several unique features set Rexas Finance apart in the cryptocurrency landscape. The Rexas Token Builder makes asset tokenization accessible to everyone, eliminating the need for complex code. Moreover, users can trade tokens across multiple networks and earn compound interest on their holdings through the platform's DeFi solution. GenAI further adds a layer of utility to the ecosystem, providing artists and creators with a tool to generate digital artwork.
Rexas Finance has sold out its ongoing presale, indicating strong interest from early investors in the project. Investors can expect a six-fold return on their investment if the token is listed at $0.20 after the presale, which is currently priced at $0.05.
How to Invest in Rexas Finance Presale
Joining the Rexas Finance presale is simple. Here's a quick step-by-step guide:
Follow Rexas Finance on social media to stay up-to-date on the latest developments, partnerships, and listing announcements.
Considering that only 30% of the total allocated tokens are available and the stage 3 presale is selling out fast, for as low as $0.05, this is the perfect opportunity to get in before the price increases in the later rounds.
Conclusion
While Shiba Inu and Dogecoin have had their moments in the sun, their long-term prospects remain questionable. Invest in projects that are making a real difference, like Rexas Finance, which is revolutionizing the way assets are tokenized and traded on the blockchain. Visit the official Rexas Finance website to join the presale before the next price increase.
To learn more about Rexas Finance (RXS), follow 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
The above is the detailed content of 4 Reasons to Ditch Shiba Inu and Dogecoin this Bull Cycle. For more information, please follow other related articles on the PHP Chinese website!

Amazon's Project Kuiper satellite launch was postponed due to unfavorable weather conditions. The delay was likely influenced by factors such as high-altitude wind shear, lightning threats, and high surface winds, which are common hazards in space launches. This postponement highlights the need for meticulous planning and flexibility in the unpredictable environment of space operations.

A group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.

Canadian businessman and investor Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior t

U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers

According to a report by VanEck, China and Russia have started to settle some trade deals using Bitcoin.

ucci Outlines 5-Point Forecast on China's Next Moves Amid Rising Trade Tensions

underperformed Bitcoin on 85% of all trading days since it launched in 2015. The ETH/BTC ratio, which tracks the value of Ether relative to Bitcoin, dropped to a five-year low of 0.018

In the world of cryptocurrencies, few events can shake things up like big government decisions. President Trump's recent tariff announcement did exactly that

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment

SublimeText3 Chinese version
Chinese version, very easy to use

Atom editor mac version download
The most popular open source editor