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Home DeFi Metaverse

rewrite this title Dogecoin Trader Predicts Parabolic Run to $24 for DOGE this Cycle, So Why Are Investors More Bullish on Shiba Inu (SHIB) and Rexas Finance (RXS)?

Gregory Pudovsky by Gregory Pudovsky
November 27, 2024
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rewrite this title Dogecoin Trader Predicts Parabolic Run to  for DOGE this Cycle, So Why Are Investors More Bullish on Shiba Inu (SHIB) and Rexas Finance (RXS)?
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rewrite this content using a minimum of 1000 words and keep HTML tags

by
Gregory Pudovsky


Published: November 27, 2024 at 10:21 am Updated: November 27, 2024 at 10:21 am

To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.

Dogecoin Trader Predicts Parabolic Run to $24 for DOGE this Cycle, So Why Are Investors More Bullish on Shiba Inu (SHIB) and Rexas Finance (RXS)?

Dogecoin (DOGE) has always been a flashpoint for hype and speculation in the cryptocurrency scene. DOGE is once more in focus as traders project an aggressive parabolic rise to $24. Though many investors are focusing on other exciting cryptocurrencies, such as Shiba Inu (SHIB) and Rexas Finance (RXS), even with the hope around Dogecoin.  Rexas Finance is a revolutionary platform ready to upend conventional finance by real-world asset (RWA) tokenization, while SHIB develops upon the meme-coin ethos with practical utility and ecosystem expansion. More than just a passing fad, this increased curiosity in SHIB and RXS indicates a change in investor attitude toward coins with useful purposes and transforming potential.

The Trip to $24: Hype or Reality for Dogecoin

Dogecoin’s forecast of $24 has excited its community, which lives on the coin’s meme-centric appeal and strong social media presence. But this high goal mostly depends on speculative trading and continuous retail excitement. Although DOGE has witnessed large demonstrations in the past due to endorsements from well-known people like Elon Musk, long-term investors still find great difficulty in its lack of inherent value. Furthermore, challenging sustainability is the inflationary model of the coin. Dogecoin lacks a maximum supply unlike that of Bitcoin or many other cryptocurrencies, which over time could weaken its value. DOGE would need extraordinary adoption or capital inflow to reach $24, elements difficult to ensure in an always-growing crypto market.

Shiba Inu (SHIB): The Changing Memecoin

Often known as the “Dogecoin Killer, Shiba Inu has evolved into a powerful ecosystem much beyond its initial meme coin use. With a strong road map including efforts like ShibaSwap, a distributed exchange (DEX), and an increasing metaverse presence, SHIB distinguishes itself. One of SHIB’s main assets is its active and involved community, which has helped propel acceptance and use on other platforms. Strategic token burns—which seek to generate scarcity and raise its value over time—also help the token. Shiba Inu’s utilitarian approach has made it a more appealing choice for those looking for both substance and thrills. The ongoing growth of its ecosystem indicates that SHIB is now a real participant in the distributed finance (DeFi) and metaverse sectors rather than only a speculative asset.

Dogecoin Trader Predicts Parabolic Run to $24 for DOGE this Cycle, So Why Are Investors More Bullish on Shiba Inu (SHIB) and Rexas Finance (RXS)?

Rexas Finance (RXS): Priority Utility Right Now

Rexas Finance is becoming a major competitor with its innovative approach to real-world asset tokenization, even while Dogecoin and Shiba Inu grab the meme coin narrative. Rexas Finance uses blockchain technology to digitize assets including real estate, commodities, and collectibles, and exchange them as tokens therefore facilitating fractional ownership and more liquidity. Rexas Finance distinguishes itself by stressing the democratization of access to usually opaque and exclusive markets. By use of its Rexas QuickMint Bot, the platform enables token generation and maintenance for consumers with little technical knowledge level. Accessible on well-known channels such as Telegram and Discord, this technology appeals to startups, companies, and individual investors equally since it simplifies the entrance procedure into blockchain ecosystems. Still, another pillar of attractiveness for Rexas Finance is security. Its CertiK audit guarantees the integrity of its smart contracts, giving consumers faith in its system. By means of listings on CoinMarketCap (CMC) and CoinGecko, Rexas Finance has also acquired prominence and legitimacy, therefore attesting to its major influence in the crypto market. Costing $0.09, Rexas Finance’s RXS token is in its seventh presale round right now. Early investors are expecting significant profits; the token’s listing price—a possible 121% ROI upon launch—is expected to be $0.20. With almost $14 million raised throughout presale events and forecasts of a 12,500% increase, RXS is fast becoming a favorite investment choice.

Why are investors turning toward SHIB and RXS?

Growing optimism for Shiba Inu and Rexas Finance mirrors a larger trend in the cryptocurrency market: a move from pure speculation to utility-driven investing. Although Dogecoin’s $24 estimate is interesting, it is a dangerous long-term investment because of its lack of underlying value proposition outside of community buzz. Shiba Inu has created a vibrant ecosystem appealing to both speculators and serious investors by deftly combining the thrill of meme coins with actual utility. Its emphasis on innovation—including DeFi apps and token burns—helps to explain why it is a more sustainable meme coin choice. Conversely, Rexas Finance marks a breakthrough in the practical uses of blockchain technology. RXS is creating a special niche by tackling inefficiencies in conventional financing and allowing access to high-value markets. Investors looking for long-term returns find it appealing because of its creative qualities, safe ecosystem, and great expansion possibilities.

Conclusion

The expected parabolic climb of Dogecoin to $24 is evidence of the ongoing influence of community and enthusiasm in the crypto industry. But as investors get more discriminating, projects like Shiba Inu and Rexas Finance are taking the front stage. While RXS is revolutionizing our interaction with real-world goods via blockchain, SHIB provides a healthy blend of meme-driven appeal and practical utility. Rexas Finance is a transforming enterprise with great potential profits that appeals especially to investors looking for the next great possibility. The emphasis is moving from speculative excitement to projects combining innovation, utility, and scalability—qualities that SHIB and RXS reflect as the market ages. While DOGE might keep riding the waves of community-driven momentum, ventures pushing the envelope of what blockchain technology can accomplish will define the future of cryptocurrencies.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

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

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles


Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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