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Speculation of a price rise has been sparked by a recent market shift as Shiba Inu’s burn rate has surged over 1300%. Newcomer to DeFi Rexas Finance also shows off its RWA tokenization model and 20261% growth projection as its RWA token can be invested in real-world assets.
Shiba Inu Burn Rate Spike and Price Fluctuations
According to Shibburn, Shiba Inu’s burn rate increased 1323.66% as of November 9, burning 34.91 million SHIB tokens from circulation forever. The aim of this burn mechanism is to cut the total supply to initiate scarcity that theoretically could push up the token’s price based on the doings of basic supply and demand. The amount of SHIB tokens burned on a weekly basis rose to 110.64 million tokens, fueling market sentiment that continued to stamp a bullish pattern in the cards. However, despite this burn rate surge, SHIB’s price has been volatile, trading at $0.00001934, down 1% over the previous 24 hours at press time. The token, in fact, registered daily lows at $0.00001856 and highs of $0.00001966 and happens to be following fluctuations that keep investors worried. If SHIB sticks to its burn strategy and demand remains the same, then the coin could potentially rally up to a higher level as demand increases. Analysts are suggesting predicting the coin could hit $0.000045. After U.S. election results, investor sentiment for cryptocurrencies shot up in the broader market following the realization that the Republican victory is likely to foster a positive regulatory landscape for digital assets. The bullish nature of the crypto market if this shift is something that has painted a picture of an environment where meme coins like SHIB can benefit from some fresh interest. Market observers, however, warn that the nature of meme tokens is unpredictable and they are very sensitive to the market sentiment.
Rexas Finance Attracts Investors with Real-World Asset Tokenization
A new decentralized finance project, Rexas Finance, is quickly winning investor interest by tokenizing real world assets (RWA), such as real estate and commodities, in order to bridge traditionally illiquid assets into blockchain technology. The project has raised over $6.2 million in the three presale rounds, which has seen the token, the RXS, hitting the ground running as a unique player in the DeFi space. A rigorous audit conducted by CertiK, one of the leading blockchain security firms specializing in the thorough audit of smart contracts and code, further reinforces the security and trust of Rexas Finance, affirming that it is built on very high resilient and stable standards. Furthermore, listings on CoinMarketCap and CoinGecko, two of the largest and most visible platforms for cryptocurrency and coin data, market analysis, and developer info, help to improve the visibility of RXS, improving investor confidence and market reach.
Rexas Finance Presale Success Reflects Investor Confidence
Rexas Finance’s mission to democratize access to real world assets through blockchain is proving to be gaining confidence from the market through its presale success of RXS. The token price started off at $0.03 and rallied through several stages, each selling out far faster than expected. RXS is currently in it’s 5th presale stage and has garnered tremendous investor interest, as the accessibility and community-driven nature of the offering make it a great addition to a portfolio looking to diversify in the DeFi space.
Rexas Finance Projects 20261% Growth Potential Amid RWA Demand
As the project moves to new phases, Rexas Finance is projecting a spectacular 20261% return on investment as the requirement of such asset-backed tokens grows. The increasing adoption of RWA tokenization, an effort to simplify physical asset investment via blockchain tokens, is the key to this optimistic forecast. For investors, RXS is a long-term investment with the view to benefit from growing mainstream interest in DeFi innovations, in particular those with tangible real-world applications.
Conclusion: Shiba Inu and Rexas Finance Represent Unique Investment Opportunities
Finally, the developments happening around Rexas Finance and Shiba Inu are being watched very closely by the crypto market, but for different reasons. This is during a time when Shiba Inu’s burn rate is intensifying on the one hand and its price continues to move volatile on the opposite side as investors wait for a potential breakout rally. However, Rexas Finance, in contrast with Rwa, provides a structured investment around RWA tokenization that these people might want to invest in to gain exposure to tangible assets in a DeFi framework. This shows the range of opportunities within the crypto market and the various strategies that people can buy that don’t fit everyone’s risk appetite.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Source: https://coinedition.com/shiba-inus-rally-to-0-000081-ath-wont-be-as-profitable-as-youd-think-but-holding-this-shib-rival-through-its-projected-20261-rally-will-be-life-changing/