For the last half year, SHIB has lost more than 55% of its value and currently trades at an appalling $0.00001348. Recently, a general bearish trend in the market has made SHIB decline again by 3% in just one month making this meme-inspired coin one of the poorest-performing cryptocurrencies. However, this decline by SHIB has made two Whales go all in on this viral Shiba Inu competitor.
Whales Turn Away from SHIB: A Strategic Move
To everyone’s shock and surprise, two cryptocurrency whales were recently reported to have offloaded 5 billion SHIB tokens. The analysis of this shocking selloff should not only focus on the decline in the trust of Shiba Inu but rather on certain processes that are happening on the market. These whales refocused their investments on a fast-growing rival: Rexas Finance (RXS), an emerging project aimed at transforming the digital asset space.So how do SHIB’s influential investors justify their moves from SHIB and into Rexas Finance? Shiba Inu’s popularity might have been propelled by its meme aspects but this is no longer the case as current investors focus on practical projects and ones that have prospects for growth and advanced technology. Rexas Finance, which is in the second stage of its presale, can meet these requirements.
Why RXS Is Attracting Whales
It is logical in the strategy of two SHIB whales who decided to invest in Rexas Finance by a large margin as they believe that RXS has more long-term goals than meme coins like $SHIB. However, unlike SHIB, which is all about hype, Rexas Finance offers utility in the form of asset tokenization on the blockchain.
This makes possible the transfer of ownership of a property, fractional ownership, and liquidity in assets that are usually not liquid, for example, real estate and art. The market for tokenized assets has just barely started but it is expected to leap forward i.e. making trillions by the year 2025.
Rexas Finance also comes with features of Defi which allows users to stake tokens earn interest and participate in community governance making it such a comprehensive platform for digital assets management. Having raised more than $1 million in the ongoing presale, the project is ready for implementation and specialized investors like the two whales are focused on winning bets in the growth of the prospects.
Rexas Finance (RXS): The New Powerhouse in Digital Asset Management
Rexas Finance is fast becoming popular for how it operates with unique asset tokenization solutions. The platform enables its users to create tokens of different physical assets including real estate, art, commodities, and even intellectual property, and incorporates the usefulness of blockchain technology in prevailing markets. As it is at present on phase 2 of its presale, Rexas Finance has managed to raise more than $1 million, which is more than what was anticipated. A total of 425 million RXS tokens were given out for the entire presale, where the first stage witnessed the sale of 15 million tokens at $0.03, hence raising $450,000.
The third stage is still active with the sale of 30 million tokens at $0.05. As the presale develops, candidates are readying toward RXS tide in 2025 forecast to rise by 2500%.
Predictions for RXS: A 2500% Surge by 2025?
Based on the views of the crypto analysts and economic capabilities Rexas Finance might surge by more than 2500% by the year 2025. The reason for this forecast is the unique utility of the platform’s use case, the fact that it is one of the first market participants, and the growing trend towards tokenized assets. If these forecasts come true Rexas finance will be one of the most sought-after digital assets in the years to come overshadowing the gains seen with the likes of meme coins SHIB.
Conclusion
The market is also seeing the trend that is behind the move by both top two cryptocurrency whales to sell off 5 billion SHIB tokens and put everything into Rexas Finance. As the enthusiasm for Shiba Inu appears to be fading, people who want to participate in such activities and are looking for the next big thing in crypto should consider Rexas Finance as it is new and interesting. With a 2500% growth projection by 2025, it is natural that intelligent money is flowing in this direction.
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
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2024/09/5-billion-shib-dumped-as-two-whales-go-all-in-on-viral-shiba-inu-competitor-set-to-skyrocket-2500-by-2025