Shiba Inu Price Threatens Drop as Shibarium Adoption Slows

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As the overall market conditions appear to change, SHIB has proven to be in a difficult position. Lately, this meme coin has plummeted by nearly 3%, trading at about $0.00001466. This drop is not a mere chance – it denotes an unhealthy pattern developing in its universe. At one point, Shibaswap had more than $ 1 billion staked in cryptocurrencies, a figure that stands at only $15 million today. This explanatory conclusion also applies to the declining use of Shibarium, its Layer 2 scaling solution. With the considerable decrease in the number of active accounts and transactions, it seems simply bearish on the prospects for SHIB today with suggestions as low as about 8% perhaps further in the near future. However, as SHIB threatens to drop as Shibarium adoption slows, Rexas Finance (RXS), a newly introduced RWA crypto raises over $1.30M in presale. 

Shibarium’s Struggles: A Cause for Concern

So it was decided that Shibarium was an adequate augment to Shiba Inu since it would allow for cheap and fast transactions. However, shibarium engagements data reports from Shibarium scan that the transactions’ volumes have become stagnant while active accounts are on the decline, creating anxiety that the utility of SHIB may be running out. Therefore without timely measures being taken as the once vibrant ecosystem starts focusing on its pace, investors would not be confident enough to hold on to their positions meaning the SHIB price would further slump. It is difficult to see how this much-loved meme coin can make a turn that is uplifting without the emergence of new development or the participation of the community in any form.

Ripple (XRP): The Calm Before the Storm, a Considerable Bull Increase is Ahead

The drastic changes for the Shiba Inu token are positive and full of hype, only Ripple’s XRP remains calm while preparing for a major comeback. XRP has risen from key entry support and is presently priced at about $0.585 as it has other resistances ranging from $0.47. XRP is tipped to surge close to a 100% record of $0.96, according to analysts, the surge could reach nearly 96% for the currency.  The positive outlook on XRP’s price performance is driven by information on Ripple’s legal wins and increasing use cases for blockchain technology. With more whales entering the market, XRP may become a whale’s peak with good returns to the investors.

Rexas Finance (RXS): Healthy Performance in a Volatile Environment

Working amidst these cryptocurrency shifts in trend, Rexas Finance (RXS) finds a place of hope in any foreseeing scenario. Now in its presale stage 3 with a price of $0.050 after a record 66.5% increase from stage 1, RXS is in presale stage 3. But what is astonishing is the number of people that want to invest in Rexas Finance, it has raised over $1.30 million with the help of 37,883,984 sold RXS tokens. This sudden increase in momentum is also in line with the increasing anticipation of RXS and its unique selling point.

Invest in Real Estate with Rexas Finance (RXS)

In the case of Rexas Finance, it is safe to say that there will be very few customers who will be disappointed with the service. Picture a scenario in which you can invest in properties around the world but do not have to go through the traditional cumbersome real estate business. With Rexas Finance, there is more than just the chance to own the whole property. Individuals can purchase war bonds whose values vary according to the assets. It does not matter how little how a lot your capital is; you can invest through Rexas Finance in the promising field of real estate right from your home.

Why Now is the Time to Get Involved

The concept of owning a fraction of the brick-and-mortar has never been this simple. Given the background stocked with computers and phone devices, Rexas Finance is removing obstacles that would have restricted people wanting to invest in the real markets. Investing in real estate doesn’t have to be so complicated as it was only a few years back when you had to cough out whopping figures to buy property. This will enable the property owners to focus on more profitable real estate and other markets. The RXS presale seems to be perfectly timed to target investors who would want to make money off.

Conclusion

While Shiba Inu seems to face an issue of lower levels of adoption and utility consolidation, and XRP probably recovers from floating and starts rising, Rexas Finance makes for an interesting investment opportunity. 58.3% of the stage 3 target was accomplished even in no time due to the appeal for real estate tokenization, RXS has now raised over $1.30 million since a simple presale of the coin. As such there is promising investment potential in the business for those who are keen on the pursuit of revenue from investments in cryptocurrency markets or potential investment in real estate through Rexas Finance. Take this opportunity today as this is one such opportunity that changes the way real estate works and one would regret not being a part of it.

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 article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/09/27/shiba-inu-price-threatens-drops-shibarium-adoption-slows/