Dogecoin Price Forecast: $1 Seems Unlikely as PEPE and Another Rival Token Under $0.10 Attract DOGE Investors

Once the shining star of meme coins, Dogecoin (DOGE) is one of the coins that has come under pressure in recent times and the euphoria of it attaining $1 seems a thing of the past. Therefore as of now, DOGE is trading at $0.104 which is very far from the most marketed $1 target. The first and most common reason is its inflationary structure. Because of such speculative assumptions and reserving an infinite amount of new DOGE, its price is rising but not as fast as that of many cryptocurrency assets. Experts predicted that in 2024, DOGE would close at around $0.30, which is a good price but still far below the ideals of $1 that investors desire.

But it’s not only DOGE’s nature of inflation that is limiting its potential. Other tokens such as PEPE and Rexas Finance (RXS) are rapidly capturing the market, cutting off investors from DOGE and making the $1 goal more challenging.

The Rise of PEPE and The Threat PEPE Poses to DOGE

With the buzz surrounding the adorable mascot and the strong backing from its growing community, PEPE, a new token based on the meme craze, took the crypto world by storm. As of writing, PEPE trades at $0.000007834, and like other meme coins, it was able to grasp the attention of the meme coin domain in a way that DOGE once did too. After reaching a peak of $0.00001724 in May 2024 when PEPE was buoyed, it retraced back to the $0.000007800 region. Still, some analysts remain critical and even expect that PEPE will possess the strength to reach the ATH once more, even go beyond it.

There is sufficient information for PEPE to move quickly from such low prices. Investors are beginning to shift towards PEPE as a high-upside investment looms. Although DOGE’s community is still strong, the tempting newer meme coins like PEPE mean that a part of its investor base is now moving towards other tokens.

Rexas Finance (RWA): The RWA Token That’s Managing to Outshine DOGE Impressions on the Terrain

Doge is also challenged not only by meme coins like PEPE. There is one more token, Rexas Finance (RXS), which has caught the interest of many, especially those who are looking for practical use. Priced at $0.050 as of writing and currently in the third stage of its presale, Rexas Finance is however different from the meme coin frenzy as it offers RWA Tokenization. With Rexas Finance a person can invest in physical (tangible) assets like real estate, pieces of art, and commodities while sitting at home.

The investors who bought into the RXS presale at the first two stages now managed to get a 66% return as the token sailed to stage three. By the time Rexas Finance goes toward listing at $0.2 in early 2025, early backers may be looking at a probable 5x return. Even more thrilling, after the listing, the projections show that RXS may go up by 5600% and possibly hit $11.2.

The $1 Million Giveaway: A Golden Opportunity for Investors

However, such a potential in the prices of Rexas Finance is not the only reason why it attracts attention. Additionally, the project has promised its participants in the presale a $1 million giveaway. Here’s how you can get in on the action:

1. Buy RXS tokens during the presale.
2. Hold your tokens until the end of the presale.
3. Follow Rexas Finance on social media.

The combination of high risks and high potential returns with the incentive of a contest makes Rexas Finance a beehive for proper investors and cryptocurrency lovers. While DOGE’s community remains intact, these fresh openings cannot be resisted.

Why Is It Difficult for DOGE to Compete with Other Cryptocurrency Models Available

The woe of Dogecoin is not limited to that inflationary model, it is rather due to the evolving taste in the investors’ world. Coins like PEPE provide that gratification for a brief moment, while Rexas Finance style projects are taking the appreciation and longevity route attached to hard assets in the real world.

As more investors diversify into these alternatives, the target of $1 for dogecoin becomes more of an uphill task. Although DOGE might still appreciate especially if its community mounts up, achieving $1 before the end of 2024 is a tall order. More likely it will float around $0.30, which is good but not the sweet dream that many have.

Final Thoughts

Despite the love of Dogecoin commands in the crypto world, achieving the goal of reaching $1 seems quite unfeasible with each passing day. Problems such as inflation and cutthroat competition from tokens such as PEPE and Rexas Finance are obstacles. Rexas Finance has been picking up among the investor community in light of new growing verticals of the real-world asset tokenization market and rapid price growth potential.

People who want to take a step outside of the “ordinary” ALT coins and try to keep their circle of investment in cryptos, quite likely have found the holy gauche in the form of Rexas Finance, a RWA altcoin, which probably is the next big thing in this space — now full with aspiring ambitions, also triggered by its $1 million giveaway.

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

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.