The cryptocurrency market is now spinning energetically and two new tokens Dogecoin and Rexas Finance are receiving boosting attention from investors. Dogecoin which is one of the most well-known meme coins has recently seen an increase in its price after the massive involvement of well-known investors while Rexas Finance which is the new platform with real-world asset-backed tokenization is also having an extraordinary presale campaign.Both tokens have growth potential, with some forecasts proposing that owning these tokens could turn the initial investors into millionaires. However, Analysts have predicted Dogecoin could grow up to 100%, while Rexas Finance could reach up to 8,407%, as it becomes popular among investors.
Dogecoin’s Recent Rally Fueled by Whale Accumulation and Political Influence
Dogecoin has once again risen in popularity and recent statistics provide evidence pointing to large investors purchasing over 2.1 billion DOGE tokens within the past week. This level of whale activity, the highest in two months, usually indicates market bullishness. DOGE is currently priced at $0.2641, 78.3% up in the last 7 days, and peaked at a price that it was at in November 2021. However, Major traders are showing renewed interest in DOGE due to their cyclicality in the price movements which has been attributed by analysts to suggest that DOGE could be in a long-term bullish run. A major component of Dogecoin’s recent gains is attributed to celebrities and influencers. Tesla and SpaceX CEO Elon Musk has endorsed Dogecoin repeatedly in recent months, even using his presence on Twitter to improve its value. Furthermore, following the recent election of Donald Trump as US President, Dogecoin has brought a new variable to the development of the coin. A proposal made by Trump to create a new ministry of government efficiency (D.O.G.E.) for Musk to lead, has aroused interest among investors of Dogecoin. According to some analysts, the emergence of this department can trigger a sane hike in DOGE prices.
Rexas Finance (RXS) to Soar 8,407% Amidst Rising Demand for Tokenized Real Assets
Speculation is also high on Rexas Finance, which operates in tokenizing Real World Assets such as real estate. In the presale stages currently in stage 5, the price for RXS tokens has risen to $0.07 with 73% of tokens sold in presale round 5. Bullish stakes are taken early to make a fortune as the presale advances towards the final listing price of $0.20. The value proposition of Rexas Finance is based on its distinction as a platform focused on real estate, commodities, and Intellectual Property assets tokenization. Tokenization of real assets increases both its liquidity and accessibility it becomes more appealing to the average investor. It can be estimated that the RXS token could jump in price by up to 8,407% when it enters mainstream exchanges since asset-backed tokens are considered to be in great demand now along with innovative approaches to the development of decentralized finance.
CertiK Audit Approval Boosts Investor Confidence in RXS Token’s Security
Rexas Finance has gained credibility in terms of its security and trust as a result of a recent CertiK Audit. RXS tokens were verified by CertiK, a top blockchain security auditing firm, as high security that makes transactions of investors safe. This independently verified becomes an extra layer of trust, confirming there are no vulnerabilities in the RXS token system. Rexas Finance has taken a huge step toward establishing this security milestone, the times when Rexas Finance eases the traders to invest in tokenized assets securely. The assurance of RXS token’s safety has increased its demand further as a CertiK-certified platform. With the platform added to CoinMarketCap and CoinGecko, Rexas Finance is definitely on an upward trend toward gaining credibility and going the distance in the cryptocurrency industry.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Â
