The volatility of the market is what draws the attention of both active traders as well as those people new to the market. One of the most fascinating wealth-generation stories in the crypto space concerns the meteoric rise of Shiba Inu (SHIB), a token that grew from almost zero, in terms of value, to 10,000,000% in value boosting many of its early adopters – investors, to millionaires overnight.
Now, it is reported that the trader who successfully predicted SHIB’s awakening was able to make a whale-sized investment in a new coin named Rexas Finance (RXS) worth less than $0.05. Is it another SHIB in the making?
Shiba Inu phenomenon and its Exponential gains
Shiba Inu (SHIB), which was launched in August 2020, was looking to create a decentralized community in every aspect, of the web. A token price of $0.00000000008165 was recorded on September 1, 2020, at this stage, marking the bottom in the history of the rise. But it was certainly the growth of SHIB users combined with the fashion for meme-currencies that brought about the next phase of growthIt was a turning point when an experienced crypto trader started writing off SHIB not because of its maturing technology but its community involvement. He speculated on SHIB’s growth. As of October 28, 2021, the token reached its peak at $0.00008845, having appreciated by more than 10,085,266%.
The Next Big Bet: Rexas Finance (RXS)
In the aftermath of the price increases of SHIB, investors’ focus has now turned towards a token called Rexas Finance (RXS), which is selling at less than $0.05. This new token has garnered the interest of the same crypto trader who controversially predicted SHIB’s high value. Their whale-sized investment in RXS lately has made many people think that there are chances for this token to rise in price like others.
It is not just any other speculative coin, Rexas Finance aims to transform the blockchain world through Real World Asset (RWA) Tokenization. What’s the goal of RXS? It is to bring about asset tokenization in a manner that is affordable to the masses. Tokens give tradeable representation on the blockchain to assets that are either physical or digital.
The Trader’s Confidence: A Signal for the Next SHIB?
What meaning does this transaction have when many recognize that it is a whale’s investment which the trader applies to initiate further growth of his SHIB predictions among other assets? In such a speculative market as the cryptocurrency one – it has been noted that institutional as well as whale investors are able from time to time give indications in advance of forthcoming moves or price spikes.
That is why, the fact that this particular trader has invested so heavily into RXS is an indication that they believe in the future expansion of this token very highly. In addition, there is the aspect of Rexas Finance being at an early stage of development which makes it attractive.
RXS is currently in the presale stage and hence, any individual who participates in the sale at this stage stands the chance of benefiting from the increase in price later on. This is similar to the case of SHIB when those people who bought the token during the quiet times enjoyed a massive bull run a few months or years after.
Conclusion: Is RXS Not the New SHIB?
The market of cryptocurrency, like any other market, is very dynamic, and arguably, one cannot guess when there could be another Shiba Inu-type surge happening anytime soon. But even so, the credibility of Rexas Finance is reinforced by the active participation of the trader, who had previously predicted SHIB’s rise to spectacular heights. RXS aims to also tokenize real-world assets which makes it quite different from other cryptocurrencies in the market.Like all other investments, it comes with some risk factors, more so in this dynamic cryptocurrency industry. Nonetheless, for the risk-takers, RXS offers you an exciting chance to become part of what could be the next great success in the crypto market. If the stars all align themselves with technology, time, and conditions of the market, then Rexas Finance may as well grow in the way that SHIB did and provide fruitful returns on everything that the early investors in the company invested in.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
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.
Source: https://bravenewcoin.com/insights/crypto-trader-who-predicted-shiba-inus-10000000-rally-makes-whale-sized-investment-in-new-coin-under-0-05-the-next-shib