Shiba Inu (SHIB) Golden Cross Appearance: Can SHIB Delete a Zero?

Currently trading at $0.000022, Shiba Inu (SHIB) draws market interest as it jumped 30% within the week. This surge follows the appearance of a rare golden cross pattern, stoking excitement and indicating a positive trajectory.

Shiba Inu (SHIB) has drawn market interest with a 30% surge within the week, setting the stage for a potential breakout. This follows the appearance of a rare golden cross pattern on SHIB's technical chart, indicating a positive trajectory.

With Bitcoin nearing the $80,000 mark and broader crypto market showing strength, SHIB's projected rally might not be too far from deleting a zero in its price. As the anticipation builds, here's a look at SHIB's recent performance and what to expect.

Shiba Inu Surges 30% as Golden Cross Fuels Hopes of Deleting a Zero

Currently trading at $0.000022, Shiba Inu's price has seen a 30% surge within the week. This follows a recent uptick in investor interest and anticipation surrounding the meme coin's price action.

The appearance of a golden cross pattern on SHIB's technical chart has further fueled hopes of a sustained rally. This bullish technical indication appears when the 50-day moving average crosses the 200-day moving average from below.

Historically, when this pattern shows on SHIB's chart, it is frequently followed by sharper surges. The previous major golden cross for SHIB occurred in late 2023, paving the stage for a strong rally that saw its price rise by more than 400% in just a few months.

Now, as a new golden cross emerges, investors are closely watching SHIB's price action for a potential breakout and sustained rally.

Shiba Inu Burn Rate Surges 3,674% as Whale Activity Picks Up

Adding to SHIB's recent momentum is a 3,674% surge in its burn rate over the past 24 hours. This accelerated pace of burning tokens has reduced the overall supply by 367 billion, boosting the scarcity of the remaining tokens.

The faster burn rate is driven by increased transactions and higher gas fees, which accelerate the rate at which SHIB tokens are sent to dead wallets and permanently removed from circulation.

This process aims to reduce the overall supply of SHIB tokens, potentially increasing the price as the scarcity of the available tokens grows. Notably, whale activity has also picked up recently, with several large investors showing renewed interest in SH4.

This activity indicates a growing belief among whales in SHIB's upside potential, which could further contribute to its rally.

With the broader crypto market also showing strength and Bitcoin nearing the $80,000 mark, SHIB's projected rally might not be too far from deleting a zero in its price. As the excitement builds, keep an eye on SHIB's price action for a potential breakout.

Rexas Finance (RXS): The Presale Gem Set to Skyrocket Alongside Shiba Inu

While Shiba Inu is on a journey to a landmark price shift, investors looking for the next big opportunity should watch Rexas Finance (RXS). This unique initiative provides real-world asset (RWA) tokenization, which enables individuals to own fractional shares of valuable assets, including real estate, art, and commodities.

Rexas Finance is changing the way people invest and diversify their portfolios by making previously illiquid assets more accessible. The project's presale performance has been nothing short of incredible.

RXS has climbed by more than 130% from its original stage price of $0.03 to $0.07 in Stage 5, all within two months of the presale beginning on September 8. The presale has raised over $6.2 million and sold 121 million RXS.

This success demonstrates RXS's growing popularity, which has been fueled by the project's decision to forego venture capital funding in favor of a public presale, which has resulted in a devoted, community-focused investor base.

Recently, Rexas Finance has obtained listings on CoinGecko and CoinMarketCap, two important token performance-tracking platforms. These listings increase the project's legitimacy and market awareness, highlighting its potential.

Furthermore, Certain's successful audit of Rexas Finance ensures its security and reliability, indicating to investors that the platform is built on a solid and trustworthy base.

The ongoing $1 million giveaway adds to the excitement, in which 20 winners will get $50,000 worth of RXS tokens. This strategic approach encourages involvement and strong community engagement, giving investors a unique opportunity to earn significant benefits while boosting the project's success.

The potential for RXS to rally is significant. With its ERC-20 token design and position in the thriving asset tokenization market, Rexas Finance is poised for substantial growth. As presale prices are expected to grow to $0.08 in the next round, with an exchange listing price of $0.20 planned, now is the best time to invest.