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Cryptocurrency News Articles
Rexas Finance and PEPE Coin Poised to Overtake Shiba Inu's Market Position
Jan 18, 2025 at 12:18 am
Shiba Inu’s market position has recently been under threat despite a recent price hike caused by a 2,133% increase in burn rate. With a market capitalization of $14.2 billion and a price of $0.000023, Shiba Inu struggles to preserve its position as younger, meme coins like Pepe COin and utility-driven competitors such as Rexas Finance threaten its dominance.
Despite a recent price hike, Shiba Inu's market position is under threat. With a market capitalization of $14.2 billion and a price of $0.000023, Shiba Inu faces competition from younger meme coins like Pepe Coin and utility-driven competitors like Rexas Finance. Both tokens are gaining popularity, and analysts anticipate major market movement in the near future.
After an impressive entry into the crypto market in 2023, Pepe Coin has continued to perform well, rising 1,500% year-to-date. It reached a record price of $0.000027 at one point, before correcting to its current price of $0.00002. Favorable general market momentum and strong whale activity have contributed greatly to its growth. Whale transactions on the PEPE network hit a weekly peak volume of $121 million last week.
The coin surged significantly following Elon Musk's actions regarding frog-themed coins on X. Pepe is expected to rise 234.69% to $0.00006834 by February 2025. Should this happen, the PEPE market cap might also climb to the $30 billion mark, potentially overtaking Shiba Inu.
Meanwhile, Rexas Finance, a platform for Real-World Asset (RWA) tokenization, is also poised to compete with Shiba Inu and PEPE Coin. The project has quickly garnered attention, and with continued momentum in its presale, it is set to increase its market share substantially.
As a new platform that combines blockchain technology and RWA tokenization, Rexas Finance makes it easy for beginners and experts alike to create, manage, and trade asset-backed tokens. By providing liquidity, security, and transparency for real-world assets, Rexas Finance democratizes investment access and simplifies asset management.
To enhance its functionality and long-term market position, Rexas Finance offers various components. The Rexas Token Builder simplifies the creation of digital tokens, while the Rexas QuickMint Bot allows users to create tokens directly from popular messaging platforms. Rexas GenAI utilizes artificial intelligence to generate NFTs, fostering creativity and innovation on the platform. Additionally, Rexas DeFi provides liquidity and decentralized finance utilities, which are critical for increasing token value. These features provide users with an advanced platform for participating in tokenized asset markets.
The RWA tokenization market is expected to grow to $50 billion in 2025 and $16 trillion by 2030. Having already established itself as a key player in this industry, capturing even a small portion of this market will greatly boost the platform's market position.
With the capacity to tokenize valuable assets such as real estate, art, and commodities, Rexas Finance is set to play a key role in transforming traditional investment methods into accessible blockchain solutions. The presale momentum has been impressive, with each stage selling out ahead of schedule.
As Rexas Finance enters Stage 11 of the presale, the token price has increased nearly sixfold from its initial value. To date, Rexas Finance has raised $37 million and sold 402 million tokens, indicating strong investor interest.
Further boosting its visibility, Rexas Finance is also running a $1 million giveaway, with twenty top participants each receiving $50,000 worth of RXS tokens. This campaign is generating more interest in the project and strengthening its community support.
Once the presale is completed, RXS is set to debut on at least three of the top ten global cryptocurrency exchanges, which will dramatically increase its liquidity, accessibility, and visibility. This listing, coupled with the platform's strong utility offerings and the potential of the RWA tokenization market, is expected to propel Rexas Finance into the top 20 or higher, potentially surpassing Shiba Inu in the rankings.
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