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Cryptocurrency News Articles
Shiba Inu Coin (SHIB) May Never Reach $1—Introducing Rexas Finance (RXS) as a Real Alternative
Nov 19, 2024 at 08:00 pm
In 2020, Shiba Inu Coin became well-known, riding the meme coin wave and mesmerizing investors. Although SHIB shot to fame, its long-term viability is still under doubt.
Shiba Inu Coin (SHIB) enjoyed a stellar 2020, riding the meme coin wave and capturing the imagination of investors. Despite SHIB's meteoric rise to fame, questions remain about its long-term viability. Many have wondered if Shiba Inu Coin could ever reach $1. A more realistic interim question might be, Can SHIB reach one cent? One crypto billionaire is also eyeing an option poised for astronomical returns: Rexas Finance (RXS). This innovative platform, with its inherent value and potential to rise by 21,040%, is attracting attention. Here's why this shift is happening and how Rexas Finance might just be the next big trend.
Why Shiba Inu May Never Reach $1
Given its massive token supply, the possibility of SHIB reaching $1 is highly improbable. Let's crunch the numbers to understand why. SHIB started with a supply of one quadrillion tokens, an astronomical amount by any measure. Even after Vitalik Buterin's burning of over half the supply, the remaining amount comes to 589.51 trillion tokens. At a potential price of $1 per token, Shiba Inu's market capitalization would have to reach around $600 trillion. To put this into perspective, the largest cryptocurrency, Bitcoin, boasts a current market capitalization of $1.8 trillion, while the total market value of all cryptocurrencies is $2.41 trillion. SHIB's market cap would either be 190 times the value of the entire crypto market or 333 times Bitcoin's present market cap. Despite the dedicated SHIB community's efforts, such as token burns and price rallies, the mechanics of reaching a $1 valuation are simply infeasible.
Even the more modest target of 1 cent would require drastic market shifts, considering SHIB's price would have to increase by 142% from its current trading value of $0.000025.
Introducing Rexas Finance (RXS): A Real Contender
While supply and market dynamics dictate SHIB's potential, the crypto billionaire sees Rexas Finance (RXS) as a strong contender in the crypto arena. Unlike SHIB, which largely depends on community hype and speculative trading, Rexas Finance provides real value through asset tokenization. Rexas Finance empowers individuals to tokenize—and thus own—shares of real-world assets, including intellectual property, art, commodities, and real estate. This innovative approach enhances liquidity, democratizes investment opportunities, and brings unprecedented transparency to asset ownership. At the core of this innovation lies the RXS token, with a total supply capped at one billion tokens. This scarcity makes it a more valuable and ecologically sound digital asset. With utility driving its demand, RXS is poised for substantial price appreciation.
Why RXS Could Surpass $1—and Beyond
Rexas Finance has already enjoyed immense popularity. The initiative recently concluded Stage 5 of its presale, raising $8.6 million by selling 155 million tokens at $0.07 each. The ongoing Stage 6 presale presents RXS for purchase at $0.08 as of writing, ahead of its $0.20 listing price in early 2025.
Another aspect that highlights Rexas Finance's commitment to a community-first approach is its decision to forgo venture capital funding. This approach has also fostered transparency and trust, thanks in part to Certik's auditing of its platform.
Rexas Finance recently announced a $1 million RXS giveaway, attracting over 222,208 entries. Investors can easily monitor RXS's performance through listings on platforms like CoinMarketCap and CoinGecko, further bolstering their confidence in the project.
One crypto billionaire has noticed the unmatched potential of Rexas Finance. Unlike SHIB, which faces insurmountable market cap hurdles, Rexas Finance's utility-driven approach presents it as a logical choice for exponential growth. Analysts are projecting that RXS could climb 21,040% in the upcoming year.
This astronomical projection is supported by the current bull market in crypto. Energy from Bitcoin rallies is flowing into potential altcoins like RXS, which is uniquely positioned to benefit from the increasing interest in real-asset tokenization.
Conclusion
Shiba Inu's appeal has captivated crypto enthusiasts, but its goal of reaching $1 is statistically improbable. Enter Rexas Finance, a revolutionary platform with a sustainable tokenomics approach and real-world application.
With presale phases rapidly selling out, a community-driven approach, and bullish market conditions, RXS presents investors with an opportunity to join a groundbreaking project poised for explosive growth.
As the crypto billionaire betting on Rexas Finance would attest, this could be the chance of a lifetime; don't miss the chance to be a part of it.
For more information about Rexas Finance (RXS), follow the
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