Dogecoin (DOGE) Jumped First, But Shiba Inu (SHIB) Could Soon Take Over?

Dogecoin
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In the race of meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) are the two foremost currencies creating paradigm shifts along the way. Dogecoin continues to rule the roost in terms of trading volume and an ardent community, while Shiba Inu is coming up quickly with new developments in the ecosystem and a growing burn rate.

Of course, these two are the heavyweights in the meme coin narrative; however, there is one emerging player that might overshadow both of them—Rexas Finance (RXS). Let us analyze how both DOGE and SHIB are performing and, more importantly, how RXS has captured the attention of investors.

Dogecoin (DOGE): The Original Meme Coin

DOGE is currently priced at $0.3847, and it continues to remain robust, with a market cap of $56.51 billion. In the last 24 hours, more than $10 billion worth of trading volume has been recorded, which is more than the trading volume of other meme coins combined, creating waves of interest amongst whales and even retail investors. The bullish thrust of DOGE appears to be supported by technicals. Cryptography experts are predicting strong movement as the price has moved above its 50-day and 200-day EMAs. The ADX has augmented to the 30 level, and this, too, adds to the bullish argument supporting the current surge. The price action of the underlying asset indicates that DOGE has also penetrated the important 50% Fibonacci retracement area, with its MVRV ratio suggesting more growth points. Analysts believe if DOGE breaches $0.7350, it could very well head towards the never-achieved $1 mark, as this is a 156% increase from the current price.

Shiba Inu (SHIB): Poised to Steal the Spotlight

Presently valued at $0.00002406 and ranking within the $14.18 billion range, SHIB has been in the crypto investor view following a 200% spike in its burn rate. This drastic supply cut is now gaining weight for future value increases, further boosted by whale activity and ecosystem developments such as Shibarium and Shibburn. SHIB bears are steadily losing ground as Shiba Inu consolidates around the 50-day MA. Analysts and technical indicators throw a bullish edge on SHIB, stating the token will break out and target even deeper resistance levels. If SHIB manages to pass the first key barrier set at $0.000025, a potential target shift is set towards $0.000037. At this point, SHIB would have the likely potential to perform a parabolic move, leaving behind DOGE, as its movement velocity would be much larger.

Rexas Finance (RXS): Ready to Lead in the Meme Coin Revolution

While the media’s attention is focused on the hype surrounding Dogecoin and Shiba Inu, Rexas Finance (RXS), on the other hand, is strategically positioning itself in the crypto space as a game-changing project. Having begun its presale activity at $0.08, RXS has secured $11.26 million in presale funds and sold 188.28 million out of its total 200 million securities and tokens. RXS has utility value and a developed ecosystem. Rexas Finance is an ERC-20 token on the Ethereum blockchain focusing on real-world asset tokenization. Users can invest in real estate or artworks and share ownership of these assets via platforms like Rexas Estate. This shift of asset ownership into the public domain may be a substantial force for wider participation in elite markets.

Shiba Inu

RXS makes use of decentralized finance (DeFi) components and synthetic A.I. forms to provide users with better investment opportunities and control. The intervention of DeFi allows operations in a secure and clean environment, while A.I.-enabled apps bring quality analytics that assist in making investment decisions. Such features make RXS a futuristic token with numerous real-world use cases. Rexas Finance has completed a CertiK audit, which certifies the security and transparency of the platform. Along with its listing on CoinMarketCap and CoinGecko, its credibility and presence in the market have also been raised. To foster community engagement, RXS has launched a $1 million giveaway, rewarding 20 winners with $50,000 worth of tokens each. This initiative highlights RXS’s commitment to building a loyal and active user base.

Conclusion: How RXS Will Take Over the Meme Coin Industry

Rexas Finance is a cryptocurrency, but more importantly, it is an ecosystem that seeks to provide real-life solutions using blockchain technology. Whereas Dogecoin and Shiba Inu offer good prospects in the meme coin market, RXS represents a more advanced opportunity for investors. Through its distinctive mechanism in asset tokenization, coupled with its strong presales and community involvement, RXS becomes an ideal investment target for investors looking for good returns. Rexas Finance is ideal for all those who want to ride the next wave of crypto expansions; the difference is that it gives a real-use case token, a unique ecosystem, and plenty of growth opportunities. As the meme coin space changes and redesigns itself, so does RXS. In fact, it appears this will be the frontrunner, bringing in a valuable market for its investors.

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

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