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Cryptocurrency News Articles
Dogecoin (DOGE) Has Resurfaced on the Radar of Crypto Traders
Mar 21, 2025 at 03:48 pm
Rexas Finance (RXS), a real-world asset (RWA) tokenization initiative, is attracting unprecedented investor interest
Dogecoin (DOGE) has resurfaced on the radar of crypto traders, with analysts anticipating a potential 500% increase that may push its price above $1. However, as DOGE prepares for a bold move, a new challenger emerges with much more potential. Rexas Finance (RXS), a real-world asset (RWA) tokenization initiative, is attracting unprecedented investor interest, with analysts predicting a 23,999% gain post-listing. The question is, which of these two will result in the highest profits?
Dogecoin’s Price Struggles Due To Market Volatility
After a dramatic drop, Dogecoin, the biggest memecoin by market value, has been in a consolidation phase. Traders were alarmed on Monday when DOGE fell below its 200-day Simple Moving Average (SMA) at $0.24 for the first time since October 2024. Prices dropped 15% in just two days, so by Tuesday’s session DOGE reached a low of $0.195. DOGE has somewhat recovered despite the setback; it trades at $0.2044 at press time. Nevertheless, daily trading volume dropped 50%, suggesting that investor engagement is still low. Analysts now cite $0.19 as the new critical support level; a possible breach below this level raises the likelihood of a more devastating decline toward $0.060.
Dogecoin Price Chart (24-Hour), Mar. 1, 2025 | Source: CoinGecko
According to crypto expert Ali Martinez, DOGE’s future trading volume has dropped significantly from $58.2 billion in November to $992 million. This suggests a change in trader interest, possibly resulting from fading enthusiasm, more general market volatility, or traders turning to other assets.
Dogecoin’s Opportunity to Soar 5x and Reach $1
Despite its difficulties, some market watchers remain hopeful about Dogecoin’s future prospects. Javon Marks, a crypto specialist, recently projected that DOGE’s price might rise by 500%, surpassing $1. He based his forecast on historical data, noting that DOGE has previously recovered from similar consolidation zones with at least a 432% gain. Analyst Tardigrade also stated that DOGE is finishing its fourth falling wedge, a pattern that has previously resulted in 445% rallies. Should history repeat itself, DOGE could be poised for a significant surge, testing the $0.30 resistance level before aiming for $1. The potential approval of the Dogecoin spot ETF is another strong indicator of a possible breakout above the $1 mark. The SEC recently acknowledged the submission from Grayscale. If approved, DOGE might finish the year above the $4 mark.
Rexas Finance (RXS) is Seeing Insane Investor Demand with a 23,999% Rally Projection
While Dogecoin is experiencing volatility, Rexas Finance (RXS) is undergoing one of the most successful presales of 2025. As of this writing, RXS is in its final presale stage (Stage 12), with 90% of tokens sold. The token price has soared from $0.03 in Stage 1 to $0.20, a 567% increase even before it is listed on major platforms. The presale has raised $46.9 million, and 454 million tokens were sold, making it one of the best-performing cryptocurrency debuts of the year. Rexas Finance’s distinct value proposition is fueling this rapid demand. Unlike DOGE, which depends solely on speculation, RXS is a utility-based coin driving a groundbreaking real-world asset tokenizing platform. By letting users tokenize assets such as real estate, commodities, and financial instruments, Rexas Finance is closing the distance between traditional finance and blockchain. For instance, Rexas Finance fractionalizes a $1 million property value into $1 million blockchain-based tokens, enabling investors to possess fractional portions of highly valuable assets. For global investors, this offers previously unheard-of liquidity and accessibility, transforming their game. Moreover, Rexas Finance’s diverse ecosystem makes it a real multi-utility coin. The Rexas Token Builder opens horizons for companies and entrepreneurs by letting users build bespoke tokens without needing to code. Rexas DeFi provides passive income opportunities via yield farming, staking, and cash pools. On the other hand, Rexas Launchpad gives startups autonomous ways to raise funds for their new initiatives. Another central element boosting investor confidence is security. Having recently passed a Certik audit, Rexas Finance guarantees its smart contracts are robust and safe from exploitation. It also introduced the Rexas AI Shield to automate smart contract audits and quickly identify and remove any illegitimate activity. At this level of institutional-grade security, the project is far more appealing than speculative assets like Dogecoin. From a tokenomics standpoint,
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- Pi Coin (PI) Trades at $0.63, Marking a 2% Decline in the Last 24 Hours
- Apr 22, 2025 at 04:50 pm
- Pi Coin is currently trading at $0.63, marking a 2% decline in the last 24 hours. After reaching a local high back in February, the price has since experienced a sharp drop and now appears stuck in a sideways trading range. The key resistance level remains at $0.70, a level Pi Coin has attempted to break several times with no success. If this threshold is breached, it could open the door to further gains, potentially above $0.80.
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- The enigmatic lead of the Shiba Inu developer team known to the SHIB army under the pseudonym Shytoshi Kusama has once again sent ripples through the meme coin community
- Apr 22, 2025 at 04:45 pm
- The enigmatic lead of the Shiba Inu developer team known to the SHIB army under the pseudonym Shytoshi Kusama has once again sent ripples through the meme coin community
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- MANTRA CEO John Patrick Mullin announces plans to burn 300 million OM tokens to stabilize market price after recent massive price crash.
- Apr 22, 2025 at 04:40 pm
- The token burn which is set to be completed on April 29, will reduce the total token supply from 1.82 billion OM tokens to 1.67 billion OM tokens .
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