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Shiba Inu (SHIB) and Rexas Finance (RXS) Poised to Make Huge Strides as Crypto Market Nears a Bull Run

Mary-Kate Olsen
Mary-Kate OlsenOriginal
2024-10-13 21:58:16430browse

After its abrupt introduction in 2020, Shiba Inu made the news in 2p21 with an incredible 10,000% rise to its current ATH.

Shiba Inu (SHIB) and Rexas Finance (RXS) Poised to Make Huge Strides as Crypto Market Nears a Bull Run

With its abrupt introduction in 2020, Shiba Inu made headlines in 2021 with an incredible 10,000% rise to its current ATH. And with recent burn mechanisms and price actions, experts are buzzing about the possibility of SHIB duplicating this massive leap during the upcoming bull run. But while investors await SHIB’s next move, another token—priced under 8 cents—might follow SHIB’s meteoric rise in the next bull cycle: Rexas Finance (RXS).

Shiba Inu (SHIB) Price Prediction: 2021 Performance and SHIB’s Potential 10,000% Rally

Several factors helped Shiba Inu become a household name in 2021—community hype, market speculation, and strategic token burns that helped reduce its overall supply. Following a wave of massive buying enthusiasm and market buzz, SHIB noted an all-time high (ATH) of $0.000086 on October 28, 2021.

But since that peak, SHIB has seen significant drops and is currently down around 80% from the ATH, trading at $0.0000179. And while early October 2024 noted a 23.56% drop, among other recent declines, Shiba Inu’s dedicated community is showing new optimism.

The token’s burn rate has recently increased by 250%, taking nearly 2.4 billion SHIB tokens out of circulation. This move has rekindled hopes that lowering the supply will help stabilize or potentially increase the token’s price.

Built on the Ethereum network, the layer-2 blockchain known as Shibarium continues to gain traction with increasing total value locked (TVL) and burning efficiency, generating a positive sentiment around SHIB. If these developments continue, analysts believe SHIB could continue a positive trajectory into 2021. Projections suggest that Shiba Inu may rally over 1000% to shave off another 0, potentially eyeing a price target of $0.0001 or higher in the next market cycle. This marks a significant possible increase from its current levels.

Rexas Finance (RXS): The New Token Poised for Explosive Surge

While experts are bullish on Shiba Inu, investors are also keeping an eye on a new project with massive upside potential—Rexas Finance (RXS). Focused on real-world asset (RWA) tokenization, Rexas Finance is a blockchain platform that enables digital ownership and fractionalization of valuable assets like artwork, commodities, and real estate, allowing for smaller-scale investments in a previously inaccessible asset class. Currently, it is trading for less than $0.08.

RXS is currently in presale phase 4 at a price of $0.06 and has already raised over $2.75 million. As the presale quickly advances, Rexas Finance is positioned to capitalize on the growing demand for RWA tokenization. This innovative approach creates financial opportunities on blockchain technology that were previously unavailable to many, allowing individuals to invest in global assets.

In addition to the launch, investors are hyped about an ongoing giveaway where 20 lucky winners will receive $50,000 USDT each. The buzz around the potential winnings from this campaign has attracted increased attention from both institutional and individual investors, which—combined with the ongoing presale—has positioned Rexas Finance as a potential breakout player in the blockchain space. Considering the continuous demand, experts believe that RXS could follow SHIB’s 2021 lead and generate notable returns for early investors.

Shiba Inu and Rexas Finance Ushering in a New Era

As the crypto market gears up for a potential bull run, both Shiba Inu and Rexas Finance are positioned for a notable surge. For Shiba Inu, its phenomenal growth and sustained community support set the stage for another massive momentum. Meanwhile, Rexas Finance is emerging as a key player in the real-world asset tokenizing scene, giving investors access to a rapidly expanding industry.

With its current price at $0.06 and a strong roadmap, Rexas Finance presents a compelling opportunity for investors looking to capitalize on the next wave of crypto growth. As always, investors are advised to conduct their due research, but SHIB and RXS are showing immense potential for high ROI over the upcoming year.

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