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Cryptocurrency News Articles

Is Meme Coin Season Back? Rexas Finance (RXS) Leads the Altcoin Season

Mar 16, 2025 at 02:40 am

Few tokens in the vivid realm of cryptocurrency inspire the mind, such as Shiba Inu and Dogecoin. Inspired by community energy and born from online culture, these “meme coins” have gone on market roller-coasters. Still, the most crucial question is whether meme coin season is back despite current buzz. Reflecting a little decline of 0.01019% from the previous close, SHIB is selling at roughly $0.00001289 as of March 5, 2025.

Few tokens in the vivid realm of cryptocurrency warm the mind like Shiba Inu and Dogecoin. Fomented by community energy and born from online culture, these “meme coins” have seen a great deal of activity in the market. Nonetheless, the question on the minds of many is whether meme coin season is back despite the current buzz.

Shiba Inu price slid a little further on Monday, March 5, continuing its recent downward trend. The crypto is down 0.01019% from the previous close. It is currently trading at $0.00001289. The day’s trading range is from $0.0000133 at high to $0.0000123 at low.

Meanwhile, Dogecoin price is up 0.01877% in the 24-hour period. As of March 5, at 08:43 (GMT+2), the crypto is changing hands at $0.197536. Its 24-hour trading range is from $0.193 at low to $0.198 at high.

These small flunctions show that while interest in meme coins never ceases, they haven’t yet started a significant bull run. As meme coin traders drift to this RWA altcoin, Rexas Finance (RXS) could spark the altcoin season with a 17,600% rise in 2025.

The Latest from the SEC on Crypto Meme Coins

In the latest news from the U.S. Securities and Exchange Commission (SEC), it seems that they have changed their position regarding meme coins.

The SEC has stated that meme coins, unlike securities, are considered collectibles which places them outside the agency’s jurisdiction. This provides regulatory clarity on the status of meme currencies earlier which is why the crypto community has reacted positively to the news.

Investors now have a better understanding of the legal environment, which may encourage greater participation in the meme coin market.

Market Sentiment: Fear vs. Opportunity

Although the prices of SHIB and DOGE have shifted recently, the long-term outlooks on these coins are still optimistic. The Fear & Greed Index, a tool for measuring market sentiment, is currently showing a score of 15, which indicates extreme fear.

However, such market conditions have usually been followed by a recovery as contrarian investors often view extreme panic as an opportunity to buy.

Moreover, the broader crypto market has seen a chill, with the meme coin market capitalization dropping by 59% from its peak. For some investors, this downturn has resulted in financial losses, leading some to become more cynical.

Many investors are now turning to utility tokens, which have demonstrated resilience as the meme coin market has floundered.

One utility token that is bucking the expectations is Rexas Finance (RXS), while meme coins have been in flux.

RXS soars 566% to hit all-time high (ATH) of $0.20 as meme coin market cap plummets 59%.

Analysts are now anticipating a 17,600% increase to $35.2.

The stellar success of Rexas Finance (RXS) sees the altcoin take the lead in the ongoing cryptocurrency season.

In the last stage of its presale, Rexas Finance has RXS valued at $0.20, an incredible increase from its starting $0.030 in stage one.

Sales of 455,370,070 RXS tokens thus far have raised over $47 million.

Since just 500,000,000 RXS tokens were setup for presale, it seems investors are keen to get their hands on more.

With the presale now 91.08% funded and set to begin on June 19, 2025, investors are quickly scooping up their tokens.

Rexas Finance has opted for a community-driven approach rather than depending on venture capital funds like many crypto companies.

This strategy has helped the project build a loyal following of investors, who are invested in its success.

To provide investors with even greater security and confidence, Certik has completed a full audit of the project.

Further adding to its legitimacy is Rexas Finance’s upcoming listings on CoinMarketCap and CoinGecko.

These listings will provide investors with real-time tracking and premium information about the RXS token.

The listing will also increase its profile so that crypto traders worldwide can obtain accurate knowledge about its value and potential.

Is Meme Coin Season Back?

Although the prices of SHIB and DOGE have seen some recovery recently, it seems that meme coin season has not yet fully returned.

The 59% decline

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Other articles published on Mar 16, 2025