|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Whale Investors Are Choosing This Cheaper $0.09 Token Over Dogecoin (DOGE), Driven by Bitcoin's explosive climb beyond $94,000, the cryptocurrency market has been humming in recent weeks.
Nov 26, 2024 at 05:00 am
Dogecoin (DOGE) had a strong price surge in this more general movement, momentarily reaching around $0.42. But DOGE rapidly dropped down to about $0.39
As Bitcoin's (CRYPTO: BTC) remarkable ascent past $94,000 continues to drive the cryptocurrency market, Dogecoin (CRYPTO: DOGE) has also experienced a strong price surge within this broader movement, momentarily reaching around $0.42. However, keeping with its usual price volatility, DOGE quickly dropped down to about $0.39, erasing most of these gains in a matter of hours—underscoring the risky trajectory of DOGE and its unpredictable fluctuations.
Despite its popularity and the backing of influential figures such as Elon Musk, Dogecoin still remains a highly speculative asset prone to great volatility. Those who give priority to long-term development and stability are shifting their attention towards younger, more innovative blockchain projects. One such project that is piquing the interest of smart money investors is Rexas Finance (RXS), a token geared towards unlocking the largely unexplored market of real-world asset (RWA) tokenization.
The latest price movement in Dogecoin highlights the dangers involved in meme-coin Bitcoin investment. DOGE's volatility is undeniable even as it initially surged in line with Bitcoin's bullish trend. The market closed out more than $25 million in DOGE futures positions, a majority of it coming from short sellers surprised by the token’s unexpected surge. For traders, this volatility translates into an erratic environment where many incur noticeable losses during market swings.
Dogecoin's popularity can surely be attributed in great part to Elon Musk's support of the meme coin. Yet his impact alone may not be sufficient to sustain value over the long term, especially as the market evolves towards larger endeavors. Dogecoin's volatility presents a risk that smart money investors seeking sustainable growth might not be willing to undertake.
Unlike Dogecoin, Rexas Finance (RXS) presents a fresh and innovative approach that is attracting more and more serious investors. Aiming to tokenize and democratize ownership of physical assets including real estate, art, commodities, and more, Rexas Finance is positioned at the forefront of the expanding Real World Asset (RWA) tokenizing industry. Offering a real-world use case that appeals to both traditional and crypto investors seeking more than just temporary returns, this shift marks a notable departure from speculative assets like Dogecoin.
Rexas Finance's strong foundations, community-driven approach, and cutting-edge technology have helped it to acquire swift popularity in the crypto market. Unlike many blockchain projects which are dependent on venture capital funding, Rexas Finance has launched a presale, offering its RXS token directly to the community. This move has built a strong base of investor trust in the project and its potential for future value appreciation.
With its RXS token priced at just $0.09, Rexas Finance has raised over $12.4 million in its presale stage 7 as of writing; this makes it an appealing investment for anyone wishing to enter early before the price spikes.
Rexas Finance's focus on creating real value through blockchain technology sets it apart from speculative tokens like Dogecoin. Tokenizing assets provides liquidity and accessibility to markets that are usually illiquid, opening up a new world of investment opportunities. Through transparency, security, and decentralization, Rexas Finance aims to democratize the investment process and create a new asset class, enabling asset ownership to a global audience.
Moreover, the growth potential for Rexas Finance extends beyond mere celebrity endorsements or speculative trends. Instead, it caters to the expanding market for real-world asset tokenization, which is expected to see major growth over the next few years. As the demand for tokenized assets increases, smart money investors are looking for a blockchain project built to last — and they are seeing it in Rexas Finance.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- XRP Price Exceeds $1 Amid Legendary Crypto Bull Run, Analysts Say Dogecoin Price And WallitIQ (WLTQ) To Follow
- Nov 26, 2024 at 11:55 am
- The cryptocurrency market is buzzing as the XRP price has surged past the $1 mark, signaling a significant bullish trend. Analysts are also optimistic about this legendary crypto bull run, predicting that other tokens like the Dogecoin price and WallitIQ (WLTQ) will soon follow suit.
-
- Justin Sun, the Founder of the Cryptocurrency Firm Tron, Announced in a Post on X Monday. “The U.S. is Becoming the Blockchain Hub, and Bitcoin Owes It to @realDonaldTrump
- Nov 26, 2024 at 11:40 am
- “TRON is committed to making America great again and leading innovation.” A spokesperson for Sun didn't immediately respond to a request for comment.
-
- MicroStrategy (MSTR): A Unique Investment Vehicle Combining Software Business with Bitcoin Holdings
- Nov 26, 2024 at 11:36 am
- MicroStrategy has undergone a remarkable transformation in recent years, pivoting from its traditional role as a business intelligence software provider to become the largest publicly-traded independent business intelligence company with a significant focus on Bitcoin acquisition and holding.
-
- Crypto Traders Witness Massive Half-Billion Dollar Amount of Crypto Liquidations in a Day after Bitcoin (BTC) Dropped to Its Lowest Price in the Past Week
- Nov 26, 2024 at 11:21 am
- Small market capitalizations of altcoins have seen a significant impact due to the crypto liquidations; around $100 million have been lost in the market.