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Homeweb3.04 Reasons to Ditch Shiba Inu and Dogecoin this Bull Cycle

4 Reasons to Ditch Shiba Inu and Dogecoin this Bull Cycle

Oct 04, 2024 am 07:38 AM
Shiba Inu (SHIB) Dogecoin (DOGE)

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.

4 Reasons to Ditch Shiba Inu and Dogecoin this Bull Cycle

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

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