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Cryptocurrency News Articles
Rexas Finance (RXS) Is Gaining Traction Ahead of Its Exchange Debut
Mar 23, 2025 at 08:33 pm
As Dogecoin nears a bottom with indicators pointing to a rally next, Rexas Finance is gaining traction ahead of its exchange debut.
Dogecoin (DOGE) has shown some resilience despite struggling to stay afloat amid market-wide selling pressure. The memecoin is also handling a triple-bottom formation, which could be a major indicator of a bottom.
On the other hand, Rexas Finance (RXS) is a popular $0.20 utility token that investors can consider for another opportunity to generate potentially significant gains in 2025.
Dogecoin price action: Is the bottom finally in?
Following a sustained sell-off and decreasing network activity, Dogecoin has displayed considerable volatility, currently trading around $0.171.
The memecoin has dropped nearly 77% from its all-time high (ATH) of $0.7376, but it has shown some strength in pulling back from the lows. In the past week alone, Dogecoin has risen by 2.22%, which could be a sign that selling pressure is easing.
Furthermore, on-chain data reveals that whales have accumulated more than 1.7 billion DOGE (around $298 million) in just 72 hours. Historically, large-scale buying activity from whales has frequently signaled the conclusion of a major slump.
Finally, technical analysts have identified Relative Strength Index (RSI) as oversold for Dogecoin. This condition has previously indicated large bottoms for DOGE, implying a possible price rebound.
How high can DOGE go from here?
The combination of whale accumulation, technical support, and improving sentiment provides a compelling case for a probable bottom.
While Dogecoin may experience additional volatility, many traders believe the next massive breakout is forthcoming.
According to crypto analyst Trader Tardigrade, DOGE is retesting a pivotal resistance trendline at $0.17. A decisive breach over the resistance zone could propel Dogecoin towards $2.80, with a symmetrical triangle breakout pattern having some traders aiming for $5.
Rexas Finance: The latest trend in asset management
Rexas Finance is revolutionizing real-world asset (RWA) tokenization, making traditional finance more accessible. The platform allows users to digitize and fractionalize high-value assets such as real estate, private equity, and commodities.
Investors who previously required millions of dollars to access elite financial markets can now participate with minimal investments.
RXS presale: No VC dumping and strong retail demand
The Rexas Finance presale has reached its last stage (level 12), and demand for the token is surging. At press time, 91% of the tokens available for this stage have already been sold.
The RXS price started at $0.03 in Stage 1 and has increased to $0.20 in Stage 12, showcasing a remarkable 566% rise. The total amount raised is $47.3 million, and more than 456 million RXS tokens have been sold.
Rexas Finance opted out of venture capital (VC) funding to minimize the risk of large-scale token dumping. Unlike many VC-backed projects that experience significant price drops after launch, Rexas Finance offers a more stable market structure for long-term investors.
Adoption soars as holders pass 50,000
Rexas Finance has quickly gained popularity, with the number of active holders surpassing 50,000. This surge in user interest showcases the growing confidence and excitement about the initiative.
Investors are drawn to Rexas Finance’s various applications. In addition to tokenization, RXS provides opportunities for passive income through staking and yield farming. Token holders can also participate in governance, which allows them to vote on platform choices.
Rexas Finance operates with a token supply cap of 1 billion, ensuring long-term scarcity. Its deflationary mechanism steadily reduces the circulating supply to guarantee price stability and optimal token economics for long-term value.
RXS exchange debut: What investors can expect
Rexas Finance is set to launch on June 19 on at least three of the top ten global cryptocurrency exchanges. The listing price has been confirmed at $0.25.
The exchange listings will potentially boost liquidity, increase market exposure, and encourage broader adoption of the token. Following the pattern of prior high-profile listings, analysts predict that RXS could experience a surge of 100,000% post-launch.
Considering the significant presale demand, increasing adoption, and major exchange support, Rexas Finance positions itself as one of the top new altcoins of 2025.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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