While Dogecoin (CRYPTO: DOGE) price action has been showing mixed sentiment, with bullish sentiment currently showing bearish sentiment, a rival token that is cheaper than Dogecoin, presently priced at $0.175, is showing super bullish sentiment, with analysts predicting that due to the token’s momentum, it can have an ROI of 14085%.
As Dogecoin trades at $0.31, showing very minimal price movement, a rival token that costs less than half of Dogecoin has been making waves in the crypto community. This token has managed to gain over 500% ROI during its presale stages, with analysts predicting that early investors can expect an ROI of 14085% before the end of Q1 2025.
One such player in the crypto landscape is Rexas Finance, which has quickly built itself up in this space, especially to work with Real World Assets (RWA). This new approach has caught the attention of investors seeking something truly valuable from their digital assets. Currently, RXS is in Stage 11 of its presale and costs $0.175, rising the next stage to be priced at $0.200. The sale is going well, as it has raised about $35 million out of about $41 million sought, selling about 391 of 425 million tokens.
The noteworthy rise of RXS is beginning to show itself; during its presale period, it has already given over 500% ROI in a very short time frame, and analysts believe RXS will have an ROI of 14085% before the end of Q1 2025. This rapid growth comes from investor confidence and Rexas Finance’s position in the crypto market in general. Its recent listings on such platforms as CoinMarketCap and CoinGecko also raised the token’s recent performance, while an audit by Certik adds credibility and attractiveness.
Traders and analysts are divided on whether Dogecoin sentiment is bullish or bearish. At the last check-in in late December 2024, DOGE traded at $0.3193, down 0.43% in the past week. DOGE has recently traded in a consolidation zone after hitting a yearly high of roughly $0.48 in the early part of this month, and this zone has seen the crypto’s price bounce between key support and resistance levels.
The technicals for DOGE are messy. At 35.63, the Relative Strength Index (RSI) sits in a neutral zone, incapable of showing overbought or oversold conditions. The Moving Average Convergence Divergence (MACD), on the other hand, reads bearish momentum with the potential for buy signals.
The continued success of Rexas Finance presale and its strong ROI represent a bright future for the project as it expands its building on RWAs as its foundation. Meanwhile, Dogecoin has fewer roads ahead. Despite this, optimistic analysts have expressed positive long-term for DOGE based on historical performance and community support. However, without a breakthrough on critical resistance levels and addressing the market’s main concerns, DOGE may have problems recovering from previous highs.
